Bitcoin climbed back above $71,000 on Wednesday, reaching its highest level since February 8, even as broader geopolitical risk remained elevated. The move appears to have been triggered by a sudden shift in macro sentiment around Iran, but market structure inside crypto had already left BTC primed for a sharp reversal. Why Is The Bitcoin…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
A crypto analyst has pinpointed critical price levels from past cycles on the Bitcoin chart that could determine the cryptocurrency’s next moves in this cycle. He has highlighted Bitcoin’s former all-time high target of $65,000 and a distinct 200-week Simple Moving Average (SMA) at $58,000 as key levels to watch. Bitcoin’s 200W SMA Highlighted As…
Bitcoin’s market cycles have often followed recognizable technical structures, and one analyst now believes those repeating structures may already be pointing toward the next major bottom. This is the foundational principle behind why Elliott Wave, Harmonic Patterns, and Wyckoff theory work: trade an asset long enough, and it begins to show a pattern memory. Right…
Ray Dalio cast fresh doubt on Bitcoin’s claim to safe-haven status on Tuesday, arguing that the asset still falls short of gold on privacy, institutional suitability and market structure. In a March 3 appearance on the All-In podcast, the billionaire hedge fund founder said those weaknesses help explain why Bitcoin has not behaved like gold…
Bitcoin’s current price trajectory has left a lot to be desired, with the most concern currently being for when the digital asset will hit a bottom. There have been countless predictions since the decline began, and yet, Bitcoin remains below $70,000. Nevertheless, it has not stopped the barrage of bottom calls and price predictions. One…
MARA Holdings, one of the largest Bitcoin (BTC) mining companies in the world, has signaled a major shift in strategy that could have significant implications for the broader BTC market. In a recent filing with the US Securities and Exchange Commission (SEC), the company disclosed an update to its treasury policy that would allow it…
Bitwise CIO Matt Hougan says the recent Bitcoin dip is being read very differently inside institutional circles than it is on crypto social media. In a March 2 interview with Scott Melker, Hougan said many professional allocators that missed the first leg of ETF-driven adoption are now treating lower prices as an opening, not a…
Joe Burnett, VP of Bitcoin Strategy at Strive (Nasdaq: ASST), is arguing that bitcoin could reach $11 million by the first quarter of 2036, not because it replaces the financial system, but because it becomes the dominant long-duration savings asset in an economy reshaped by AI-led deflation and repeated monetary expansion. His thesis, laid out…
The Bitcoin market appears to be entering a decisive holding phase, with on-chain data signaling a steady contraction in active supply. Rather than aggressive selling or speculative rotation, a growing portion of circulating BTC is moving into long-term storage, reducing the amount readily available for trading. This tightening liquidity dynamic reflects rising investor conviction, as…