The move marks a sharp reversal for ZEC from the deep drawdown that followed its 2018 peak and represents a gain of roughly 6,300% from the sub-$20 levels highlighted by crypto analyst CryptoPatel in 2024. The rally has unfolded alongside renewed strength across the broader crypto market. Bitcoin (BTC), meanwhile, has been moving around the…
The move has also coincided with a shift in Glassnode’s Bitcoin Vector framework. The proprietary model moved into a Risk-On regime on August 21, marking a significant change from the Risk-Off phase that followed Bitcoin’s previous cycle high near $126,000. Glassnode’s public data confirms the August 21 inflection and describes the reading as an “Optimal…
The acquisition marks the company’s first reported Bitcoin purchase since June and brings its total holdings to 845,050 BTC. The latest purchase came shortly after Executive Chairman Michael Saylor posted “We’re ₿ack.” on X on August 30, alongside a chart tracking Strategy’s Bitcoin purchases. The timing of the post preceded the company’s disclosure of the…
At the same time, technical indicators show that the recent rally has become stretched, leaving Bitcoin price caught between a constructive medium-term structure and the risk of a deeper short-term pullback. Bitcoin (BTC) price chart. Source: Brave New Coin BTC climbed to around $81,500 during the latest advance before retreating toward the $79,000 area. The…
Bitcoin price was trading around $80,500 on Bitstamp in the latest technical reading, up 3.11% on the session. While the price remains elevated, momentum indicators are showing signs of strain. The 14-period RSI stands at 81, placing it firmly in traditionally overbought territory. The latest concern comes from crypto trader BitcoinHypers, who identified what he…
The move has placed the Bitcoin price back at a key technical level, while renewed spot demand and stronger exchange-traded fund (ETF) flows are providing additional support for the advance. At the time of writing, Bitcoin was trading around $79,800 after reaching a 24-hour high near $81,280 on August 25. Market data shows BTC has…
The move has pushed the Bitcoin price to its highest level in roughly three months and brought the $80,000 area back into focus. The latest advance follows a prolonged period of weakness. BTC had fallen below $60,000 in June after reaching a record above $126,000 in October 2025. The recent rebound has therefore marked a…
The latest Bitcoin price action has brought $72,501 into focus as the next important resistance level. A sustained break above that area could strengthen the bullish technical structure and potentially expose BTC to a move toward $80,000. The latest rally also comes after a prolonged period of subdued price action. Bitcoin had spent much of…
The market’s next major directional signal could come from a break of the $62,200-$66,400 range, as Bitcoin continues to consolidate below a multi-month descending trendline. The setup is developing at a time when market positioning has become more complicated. Bitcoin outperformed major traditional assets on August 17, but its three-month performance relative to equities remains…
A bullish divergence on the one-hour chart has drawn attention as the Bitcoin price remains near a key support area, although broader technical indicators continue to favor caution. The divergence emerged as BTC formed lower lows while the Relative Strength Index (RSI) established higher lows. Such a setup can indicate that downside momentum is weakening,…