The recent collapse of Bitcoin from its consolidation range may seem concerning on the surface, but the underlying data paints a very different picture. In a larger bullish trend, this move is a rotation-led correction rather than a surrender. When critical metrics are analyzed objectively, the panic selling narrative just is not true. As of
Bitcoin experienced a sharp decline, dropping below $115,000 for the first time in nearly two weeks after briefly flirting with the $120,000 mark. Bitcoin’s Descent Just a day after flirting with the $120,000 mark, bitcoin ( BTC) experienced a swift descent, plummeting below $115,000 — a level not seen in nearly two weeks. Bitstamp data
After weeks of climbing, Bitcoin is pulling back. The crypto giant has dropped a few points on the day, dragging the crypto market down with it. Summary Bitcoin is back in $115,000 range. Capital is rotating into ETH and altcoins, dampening BTC momentum. Analysts say this may just be a cooldown, not the end of
Bitcoin (BTC) dropped below $115,220 on Friday, down 3.01% in the last 24 hours, as the cryptocurrency faces pressure from massive whale movements that crypto analyst Crypto Patel describes as a potential “major distribution event.” Using Arkham data, the analysis reveals that a major Bitcoin OG with 80,009 BTC (~$9.6 billion) has been systematically moving
Story Highlights Captain Faibik warns Bitcoin’s Rising Wedge could break, pushing price sharply below $100,000 soon. Analyst says that bearish PO3 could trap late buyers; smart traders wait for clear signs before acting. Galaxy Digital sold 10,000 BTC and withdrew $370M USDT, causing heavy liquidations quickly. $113,000 is the key level; daily close below confirms
Bitcoin price slid by over 1.6 percent today, falling below 117,000 and testing the 116,000 zone. After holding steady near the upper Bollinger Band for the last few sessions, this drop signals a clear change in market sentiment. So, what’s causing the sell-off? Bitcoin Price Prediction: Massive Sell Pressure from Galaxy Digital Let’s start with
Market analysts expect Bitcoin to rally toward a new all-time high amid the recent spike in global M2 money supply to a record peak. Notably, Bitcoin is trading at $115,308, reflecting a 2.2% decline over the past 24 hours and a 4.3% drop for the week. Despite this downturn, global M2 liquidity, a broad measure
According to data provided by analytics firm Lookonchain, financial services firm Galaxy Digital, which operates as a proprietary trading desk, has deposited 10,000 BTC (roughly $1.18 billion) to exchanges a few hours ago. This has likely contributed to a rather sharp Bitcoin price drop that occurred earlier this Friday. At 4:26 UTC, the price of
Christie’s International Real Estate, one of the United States’ largest luxury brokerages, has launched a new division dedicated to handling property deals in digital currencies such as bitcoin, according to The New York Times report. The division allows buyers and sellers to complete deals entirely with digital currency, without involving banks. JUST IN: One of