Bitcoin whales flipped to support a BTC price rebound, but analysis warned that the Coinbase and Kimchi Premium still needed to return. Bitcoin (BTC) has fulfilled two of three key conditions to spark the next BTC price “rally,” new analysis says. Key points: Read more
Bitcoin demand and ETF flows weaken as BTC struggles below $80,000, raising risks of prolonged consolidation or a drop toward $65,000. Demand for Bitcoin (BTC) has decreased sharply over the last few days as the price ran into overhead resistance above $80,000. Analysts say BTC’s inability to hold key support levels may be paving the way for a prolonged consolidation. Key takeaways: Bitcoin’s apparent demand has dropped to its lowest level since mid-January, as traders and investors adopted a risk-off approach due to geopolitical and macroeconomic uncertainties. Read more
Bitcoin price analysis saw $84,000 as bulls' "most critical" reclaim target as the risk of new $50,000 lows returned to the radar. Bitcoin (BTC) is approaching its “most critical” resistance hurdle of the bear market, new BTC price analysis says. Key points: Read more
New Bitcoin macro analysis found its "addressable market" surpassed the $38 trillion gold market cap, driven by geopolitical instability and financial sanctions. Bitcoin (BTC) has a target market that is “probably a lot bigger” than gold’s $30 trillion market cap, says a crypto industry executive. Key points: Bitcoin should continue to outperform during geopolitical crises, says Bitwise’s Matt Hougan. Read more
Bitcoin stochastic RSI signals led a trader to draw key comparisons between current BTC price action and its rebound after the 2022 bear market. Bitcoin (BTC) is copying the end of its 2022 bear market “nearly perfectly,” according to a new BTC price analysis. Key points: Bitcoin stochastic RSI values are “nearly perfectly” repeating the end of its last bear market, new analysis claims. Read more
Bitcoin order-book analysis said that BTC price action was being held back by just one trading entity, while risking a trip to "Bearadise." Bitcoin (BTC) lingered beneath $88,000 into Thursday’s Wall Street open as attention switched to order-book manipulation. Key points: Bitcoin is facing fresh attempts to manipulate short-term price action, says analysis. Read more