Sitting on paper losses exceeding $14 billion, Michael Saylor’s Strategy didn’t slow down last week. The company spent roughly $1 billion buying more Bitcoin — its latest move in a relentless accumulation run that has now brought its total stash to 780,897 BTC. Related Reading A Purchase Funded By Preferred Shares That $1 billion didn’t…
Despite a volatile backdrop dominated by the US blockade of the Strait of Hormuz, the leading digital asset has held firm above $71,000 and briefly reclaimed $72,500 on Monday — a resilience underpinned by record corporate buying, the strongest exchange-traded product inflows since January and a growing consensus that key regulatory milestones may finally be…
A crypto analyst has announced that Bitcoin (BTC) has hit its last bull trap, signaling that the price of the flagship cryptocurrency could fall much further before a potential reversal begins. The analyst has shared a chart highlighting key accumulation areas at levels below $60,000, the lowest price BTC has reached since its all-time high…
Bitcoin (BTC) is trying to steady itself after a shaky start to the week. After dipping briefly toward the key $70,000 support level on Sunday, BTC has since bounced back and is now trading above $72,000 on Monday. However, the next move may depend less on internal crypto dynamics and more on the escalating geopolitical…
Small investors have all but disappeared from Bitcoin trading. Data from CryptoQuant shows crypto inflows from accounts holding less than one BTC dropped to a record low on Binance earlier this month — the weakest retail participation in nine years. Related Reading Wall Street Moves In While Main Street Sits Out The numbers tell a…
Crypto analyst Crypflow has explained what the Bitcoin relief rally above $71,000 means for the leading crypto and hinted that BTC could still drop lower. This came as the analyst alluded to the previous bear markets and how recent rallies are mirroring price action in past cycles. Analyst Warns Relief Rallies Are Getting Weaker Amid…
Bitcoin price may be showing signs of holding steady, but that alone does not confirm a bottom is in place. A recent post by crypto analyst @CryptoTice_ argues that the current market phase does not yet meet the conditions historically associated with a true Bitcoin price bottom. Instead of focusing on short-term stability, he points…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Over the last week, the Bitcoin bulls looked to have taken control of the price, eventually pushing it back above $73,000 again. There has been a slowdown since then, with bears trying to retest the $70,000 level over the weekend. For now, the bulls are still open, but there is still the possibility that the…
Bitcoin price started a fresh decline from the $73,800 zone. BTC is consolidating and might struggle to stay above the $70,500 support. Bitcoin failed to stay above $72,500 and corrected gains. The price is trading below $72,000 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance at…