Bloomberg Intelligence commodity strategist Mike McGlone has outlined a scenario in which Bitcoin (BTC) ultimately retraces toward the $10,000 level. McGlone’s outlook comes as Bitcoin attempts a moderate recovery from the February 5 crash that saw the asset test $61,000 before rebounding and now aiming to sustain gains above $70,000. In an X post on
Japan’s “Takaichi trade” is shifting global capital flows and tightening liquidity, adding short-term downside pressure to Bitcoin as U.S. stocks weaken. Summary Japan’s election win has boosted stocks and weakened the yen. Portfolio rebalancing is reducing liquidity in U.S. markets. Equity weakness is spilling into Bitcoin trading. Bitcoin is facing fresh near-term pressure as political
Popular market commentator Jim Cramer suggests the U.S. government bought Bitcoin near the $60,000 level. The claim surfaced during a live CNBC broadcast. Key Points Jim Cramer said on CNBC that he had heard the U.S. planned to add Bitcoin to a national reserve at around $60,000. No on-chain data shows any recent Bitcoin purchases
A new analysis shows that between 2.3 million and 3.7 million Bitcoins are lost forever. That is about 11% to 18% of the total 21 million supply, according to Ledger’s 2025 report. https://twitter.com/bitcoinjunkies/status/2020721946376212790?s=46 Most of these coins disappeared because owners forgot their private keys or passed away without sharing any access. Once a wallet becomes
Bitcoin is trying to rebound but falling moving averages and strong resistance still limit upside as volatility remains high. Bitcoin (BTC) is trading at $70,936.57, up about 2.6% in the past 24 hours, after an active session that saw the price swing between a daily low of $69,066.88 and a high of $71,852.35. This range
Bitcoin price started a recovery wave from $60,000. $BTC is now consolidating gains above $70,000 and faces hurdles near the $72,000 zone. Bitcoin is attempting to recover but is struggling to clear hurdles. The price is trading above $70,000 and the 100 hourly simple moving average. There was a break above a bearish trend line
Robert Kiyosaki, the author of the best seller book, Rich Dad Poor Dad has come out clear again. In a recent X post that was popularized by Bitcoin historian Pete Rizzo, Kiyosaki said that given a choice between any one asset, he would go with Bitcoin, not gold, not silver, but $BTC alone. This statement
Bitcoin continued to trade under pressure on the 4-hour chart as traders assessed the damage from January’s sharp decline. The pullback followed a rejection near $97,900, which marked a local peak and shifted short-term sentiment. Since then, price action has reflected hesitation rather than confidence. Market participants now appear focused on whether the recent rebound