Bitcoin is holding its daily S/R flip and the 50/100 EMA zone, keeping the broader recovery setup alive. However, $BTC still faces short-term pressure below $78,600, making that level the key breakout point before any move toward $82,750. Bitcoin Price Holds S/R Flip as Bullish EMA Cross Nears Bitcoin is holding a clean support and
Bitcoin ($BTC) extends its recovery, trading above $77,500 on Thursday amid optimism over a potential US-Iran peace deal that is supporting the market’s risk-on sentiment. Despite this rebound, spot Exchange Traded Funds (ETFs) continue to record steady outflows, and on-chain data highlights cautious signs, with net demand for the Crypto King contracting. US-Iran peace hopes
The leading cryptocurrency, Bitcoin ($BTC), has entered a downward trend again after reaching a local multi-month high of over $82,000 last week. Market analysts say Bitcoin has lost momentum after being rejected from $82,000 and experiencing an 8% drop, and that bulls need to defend critical support levels for an uptrend to occur. At this
Bitcoin’s long-term holder (LTH) supply is approaching all-time highs. Currently, 16.3 million $BTC is held by this cohort, defined as investors who have held bitcoin for at least 155 days. LTH supply has increased from 14.12 million $BTC around the time of bitcoin’s record high above $126,000 in October, to the current 16.3 million $BTC.
After dropping to a low of $76k, Bitcoin rebounded to $78,180 before slightly retracing. At press time, $BTC traded at $77,886, up 0.96% daily. With $BTC attempting recovery, major traders appeared to increase their long exposure. Why are whales turning bullish again? Lookonchain reported that whale Garrett Jin returned to the market and opened a
In this month of May 2026 the price of Bitcoin has in fact returned to the 200-day moving average. The problem is that this average has been falling for five months, and shows no signs of reversal. This leads some analysts to argue that the decline in the price of Bitcoin could continue precisely by
Bitcoin has hit resistance at its 200-day moving average and is showing signs of a trend reversal, according to CryptoQuant on Wednesday. The move closely mirrors a March 2022 pattern where a 43% rally stalled at the same level before prices declined further. “Overall, Bitcoin demand has flipped into contraction,” the analyst wrote. The platform’s
The cryptocurrency market witnessed a significant move this week as BitForex founder Garrett Jin opened a substantial leveraged long position on Bitcoin. According to on-chain analytics firm Lookonchain, Jin opened a 5x long position worth 504.4 BTC, valued at approximately $59.11 million at the time of the trade. Details of the Trade Lookonchain reported the
In early 2020, Michael Saylor had $500 million sitting in cash earning nothing. The Federal Reserve had cut interest rates to zero and signaled they would stay there. For Saylor, it wasn’t just policy. It was a constraint. “We were making $25 million a year and then all of a sudden we’re making zero,” Saylor
Bitcoin ($BTC) is embarking on a recovery, trading above $78,000 on Thursday after support around the key Exponential Moving Averages (EMAs) earlier this week. The leading cryptocurrency is up by nearly 2% in the last 24 hours. Significant outflows from Bitcoin ETFs, including approximately $648 million in net redemptions on May 18, led by BlackRock’s