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…
The latest market structure shows BTC struggling below key resistance zones after briefly slipping under $77,000, while analysts continue monitoring the $75,000 support area as a major liquidity level. At the same time, the technical outlook for the iShares Bitcoin Trust (NASDAQ: IBIT), one of the largest spot Bitcoin ETF products tied to the price…
The latest Bitcoin price today remains near the $78,000–$80,000 range after several volatile sessions, with analysts divided on whether BTC is preparing for a renewed breakout attempt or a deeper corrective phase. While short-term momentum indicators remain mixed, large-scale institutional positioning and liquidity data continue to attract market attention. MicroStrategy Expands Long-Term Bitcoin Position One…
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…
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…
Bitcoin has failed three attempts to break above the $82,000 area, with short-term holders repeatedly selling into strength, according to a May 15 market brief from on-chain analyst Axel Adler Jr. The setup puts the market in a narrow technical and behavioral squeeze, where the 200-day simple moving average is acting as resistance while short-term…
Bitcoin’s latest push has run into a difficult stretch, with the price falling back under the $80,000 mark in the past 24 hours. This context gives more weight to a new quarterly chart analysis that places the most important levels much lower than the current price. According to the analyst, Bitcoin may continue to move…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…