Tag Archives: btc

What The Bitcoin Price Is Doing Now After Bouncing From $59,000

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Crypto analyst Ardi has drawn attention to an interesting dynamic amid the Bitcoin price bounce from a recent low of around $59,000. Based on his analysis, the BTC bottom has likely not formed, with the leading crypto set to fall to new lows.  Analyst Explains What Is Going on Amid Bitcoin Price Bounce In an… Continue reading What The Bitcoin Price Is Doing Now After Bouncing From $59,000→

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→

Arthur Hayes Warns AI Stock Crash Could Hit Crypto Before BTC Rebounds

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Arthur Hayes has turned sharply defensive on risk assets, warning that an AI stock-market unwind could spill into crypto before Bitcoin eventually benefits from the liquidity response that follows. In his June 9 essay “Reality Test,” the BitMEX co-founder said Maelstrom has cut several crypto positions while keeping Bitcoin and Ether as core holdings. Hayes’… Continue reading Arthur Hayes Warns AI Stock Crash Could Hit Crypto Before BTC Rebounds→

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 Stablecoin Ratio Drops To Extreme Low—What It Means For BTC

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On-chain data shows the RSI of the Bitcoin Stablecoin Supply Ratio (SSR) has dropped to a low of 13, a sign that the stablecoin supply is high relative to the BTC market cap. Bitcoin SSR RSI Has Sharply Gone Down Recently In a new SSR” is an on-chain indicator that measures the ratio between the… Continue reading Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC→

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 Recovery Needs This To Happen, Glassnode Analyst Reveals

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The lead research analyst at Glassnode has highlighted how the Bitcoin supply clustered at the top levels might have to shift down before a sustained recovery can take shape. Bitcoin Cost Basis Distribution Shows Massive Supply Above $80,000 In a new Cost Basis Distribution (CBD). The CBD is an on-chain indicator that tells us about… Continue reading Bitcoin Recovery Needs This To Happen, Glassnode Analyst Reveals→

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 Price Fights Back—Is The Worst Finally Over?

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Bitcoin price started a recovery wave above the $62,000 zone. BTC is consolidating and might aim for more gains if it clears the $64,500 resistance zone. Bitcoin managed to form a base above $60,000 and started a recovery wave. The price is trading above $62,500 and the 100 hourly simple moving average. There was a… Continue reading Bitcoin Price Fights Back—Is The Worst Finally Over?→