Binance Research said a cluster of Bitcoin on-chain indicators is pointing toward tighter available supply and reduced sell pressure, with exchange balances falling to a six-year low as roughly 500,000 BTC have left trading venues since the COVID-era peak. In a May 17 thread, the research arm of Binance argued that four metrics now point…
Bitcoin price started a fresh decline below the $78,500 zone. BTC is consolidating and might struggle to stay above the $76,500 support. Bitcoin failed to stay above $78,500 and extended losses. The price is trading below $78,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,700…
Bitcoin’s latest on-chain picture is beginning to look less like panic and more like patience. Data from CryptoQuant, highlighted by crypto analyst Darkfost, shows that long-term holder supply has climbed back to 15.26 million BTC, returning to a level last seen in August 2025. The move comes at a sensitive point for Bitcoin, with the…
After springing back to life on the back of positive CLARITY Act development, the price of Bitcoin has been relatively quiet over the past few days. The premier cryptocurrency, which had been dancing around $82,000, is now barely above $78,000. According to a crypto trader on the social media platform X, the latest decline in…
Over the past few weeks, Bitcoin has struggled to break above the $82,000 price resistance and now trades near $78,000. While the integrity of either of these zones carries significant yet different implications for the flagship cryptocurrency’s growth, a crypto research and education group has revealed that several factors indicate a growing fragility in the…
Bitcoin continues to face strong resistance as bulls struggle to reclaim higher price levels and restore upward momentum. With the market failing to break key resistance zones, attention is now shifting toward major Fibonacci support areas, where buyers could attempt to stabilize the current decline and prevent a deeper correction. Recovery Hopes Fade Unless Resistance…
The Bitcoin price has surged towards the $80,000 mark over the past few weeks, signaling an ongoing resurgence from the bear-market lows observed in the first quarter of 2026. However, the premier cryptocurrency appears to have run out of the bullish impetus to sustain its current recovery, as it hovers around a psychological price level.…
Bitcoin is once again approaching a decisive technical zone as traders monitor whether the market can stabilize above key support and regain bullish momentum toward $80,000. The latest BTC price action comes after several sessions of consolidation, with Bitcoin holding above the 200-period simple moving average (SMA) on the 4-hour chart while momentum indicators begin…
Crypto analyst Gargoyle has advised market participants not to buy Bitcoin until it sees high volume, which could mark the bottom. This comes amid BTC’s recent drop below the psychological $80,000 level, with the leading crypto at risk of another decline. Analyst Advises Against Buying Bitcoin Until Bottom Is Confirmed In an X post, Gargoyle…
Bitcoin (BTC) dropping below the $80,000 mark is starting to undo some of the optimism that followed a major step forward for the industry. After the Senate Banking Committee markup for the CLARITY Act on Thursday, the market’s gains have since faded. Now, fresh inflation data is arriving with a potentially heavier hand, and analysts…