Tag Archives: BTC news

Bitcoin’s Rise May Have Little To Do With The Latest Purchase News

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Bitcoin’s latest upward move has sparked debate among market participants, and some believe the rally may have little to do with the purchase announcement that received the most attention. While the acquisition is generally viewed as constructive for the broader market, it is not necessarily the type of development that would justify a significant upward… Continue reading Bitcoin’s Rise May Have Little To Do With The Latest Purchase News→

This Bitcoin Chart Shows What To Expect For The Next 3 Months After Major Decision Point

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Technical analysis of Bitcoin’s price action on the daily candlestick timeframe places the cryptocurrency around the same resistance region where previous relief rallies have failed, turning the current price area into a major decision point for the next phase of the market. At the time of writing, Bitcoin is trading around $62,950, and bulls are… Continue reading This Bitcoin Chart Shows What To Expect For The Next 3 Months After Major Decision Point→

Bitcoin At A Discount? Coinbase Exec Says Institutions And Govts Are Buying

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Coinbase’s head of institutional strategy, John D’Agostino, says large investors are not retreating from Bitcoin’s latest selloff, even after the asset fell below $60,000 for the first time since October 2024. Speaking on CNBC’s Squawk Box on June 8, D’Agostino said institutional investors, family offices and sovereign-linked buyers are treating the drawdown as an opportunity… Continue reading Bitcoin At A Discount? Coinbase Exec Says Institutions And Govts Are Buying→

Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers

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Following Bitcoin’s rebound from last week’s dip below $59,000, the market is now weighing whether the recent price crash has finally run its course or if a deeper correction is still ahead. While the recovery has provided some relief across the crypto market, analysts warn that Bitcoin remains in a fragile position as weak demand,… Continue reading Has The Bitcoin Price Crash Ended Or Is This Just The Beginning? Analyst Answers→

Bitcoin Bottom Prediction: Top Analyst Says It’s Close—What Price Comes Next?

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Monday’s Bitcoin (BTC) rebound—pushing back above the $63,00 area—has revived a major question: was last Friday’s drop to $59,000 the bottom for BTC?  Seeking to answer that, market analyst Ali Martinez released a new technical note on X (formerly Twitter), arguing that Bitcoin appears poised to reach a market bottom while a “major macro accumulation… Continue reading Bitcoin Bottom Prediction: Top Analyst Says It’s Close—What Price Comes Next?→

Bitcoin Supply In Loss Crosses Critical Threshold — Bullish Reversal Next?

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After days of steep downward movement, the price of Bitcoin appears to have found a somewhat reliable anchor around the $60,000 region. However, recent on-chain data suggests that the premier cryptocurrency might not be down for long, with a bullish reversal seemingly on the cards. Is BTC Price Bottom Already Forming? In a June 7th… Continue reading Bitcoin Supply In Loss Crosses Critical Threshold — Bullish Reversal Next?→

Bitcoin Trader Says Something Extremely Bad Is Coming Today, Here’s What

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Over the weekend, the Bitcoin price suffered a major crash, moving below $60,000 for the first time in this cycle. In contrast, there has been some recovery, with the price moving above $62,000 on Sunday, as investors moved back into the market. However, this recovery seems to only be a stop-gap for now because, according… Continue reading Bitcoin Trader Says Something Extremely Bad Is Coming Today, Here’s What→

Bad News For Bitcoin: Historical Lows Show The Bottom Actually Lies Below $30,000

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Despite growing optimism that Bitcoin has reached a cycle low, historical cycles suggest another leg down could still be ahead. While rising institutional involvement may reduce the severity of the downturn, a chart shared by a top crypto analyst suggests the cryptocurrency could still be headed for a bottom below $30,000 before a sustained recovery… Continue reading Bad News For Bitcoin: Historical Lows Show The Bottom Actually Lies Below $30,000→

Bitcoin Testing A Critical Support After Sharp Market-Wide Selloff

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Bitcoin is facing a pivotal moment after a sharp market-wide selloff dragged prices toward a major support level. As bearish momentum begins to slow and signs of buyer interest emerge, the coming days could reveal whether this zone becomes the foundation for a rebound or the gateway to a deeper correction.  Bitcoin Loses Previous Monthly… Continue reading Bitcoin Testing A Critical Support After Sharp Market-Wide Selloff→

Veteran Analyst Eyes $53,000 Bitcoin As Final Cycle Stage Begins

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Veteran crypto analyst Bob Loukas says Bitcoin has entered the final stage of its current four-year cycle, but warned that the market may still need another leg lower before a durable cycle bottom is in place. In his latest “4-Year Journey” update, published on June 4, Loukas framed Bitcoin’s recent retest of its February lows… Continue reading Veteran Analyst Eyes $53,000 Bitcoin As Final Cycle Stage Begins→