On-chain analyst Willy Woo said Bitcoin’s current price range likely hasn’t bottomed yet, warning that the market could see further downside before a true cycle low forms. Bitcoin could experience a short-term rally that catches investors off guard before the broader downtrend resumes, according to on-chain analyst Willy Woo. “Bull trap forming,” Woo said in an X post on Saturday, referring to a fake breakout suggesting that the market is entering a sustained uptrend. He added that it may last “out to [the] end of April.” Woo said his outlook is based on liquidity conditions rather than price levels. “If capital comes back in force with the right type of long-term investors, then I'll happily change my views,” Woo said. Read more
Strategy may raise $300 million via STRC sales, potentially giving Michael Saylor enough proceeds to continue buying Bitcoin throughout 2026. Michael Saylor’s Strategy may purchase more Bitcoin (BTC) in the coming weeks through the proceeds from its STRC stock sales. Key takeaways: Strategy’s STRC preferred stock has become a yield-based funding tool for its Bitcoin purchases. Read more
Bitcoin whales have sold about 66% of the Bitcoin they recently accumulated since Wednesday, according to crypto sentiment platform Santiment. Retail investors have been scooping up Bitcoin after it slipped below $70,000, but whale activity suggests the price could still head lower if past patterns repeat, according to crypto sentiment platform Santiment. “The moment Bitcoin hit $74k, these key stakeholders began taking profit,” Santiment said in a report on Friday. Santiment explained that whales — those holding between 10 and 10,000 Bitcoin (BTC) — “accumulated heavily” between Feb. 23 and Mar. 3, when Bitcoin was trading between $62,900 and $69,600. Read more
Bitcoin’s price volatility tends to scare off buyers, but data shows investors who hold for at least three years have a higher chance of locking in significant returns. Bitcoin (BTC) gets a bad name among some investors due to its steep double-digit drawdowns that punish late buyers, but data suggests the outcome can change with time. Since 2017, investors who bought BTC near the market highs faced losses of about 40%–50% in the next two years, but data shows many of those positions turned profitable when held for longer than three years. By contrast, entries near bear-market lows have historically produced triple-digit percentage returns over similar two to three-year periods. Onchain valuation metrics further help explain where these stronger accumulation zones tend to appear. Read more
A new war, private credit market weakness and spiking commodities prices add tail risk to Bitcoin’s price. Is $65,000 BTC’s next stop? Key takeaways: Bitcoin faced pressure as rising oil prices and weak US data sparked risk-off sentiment and drove investors to gold. A redemption spike in private credit funds from BlackRock and Blackstone signaled growing anxiety among retail investors. Read more
Profit-taking by short-term Bitcoin traders accelerated the BTC drop below $70,000, but spot and futures traders may kickstart a quick recovery. Bitcoin (BTC) slipped back into its monthly trading range under $70,000 after dropping 5% over the past two days. Market data points to resistance near the $70,000 level, with onchain flows, futures data and weakening spot volumes signaling renewed selling pressure that limits BTC’s ability to hold this week’s range highs. Profit-taking from the short-term holders (STHs) accelerated during Bitcoin’s rally above $74,000. Crypto analyst Darkfost said that more than 27,000 BTC in profit moved to exchanges from STH wallets over the past 24 hours. Read more
Bitcoin bounced back this week as stablecoin inflows surged, and DeFi faced fresh pressure from Aave governance strife, exploits and exchange security moves. Bitcoin and the leading cryptocurrencies staged a recovery this week following initial shockwaves from the outbreak of the US-Israel conflict with Iran. Bitcoin (BTC) initially fell to $63,245 on Sunday, before briefly recovering to $73,000 on Thursday, assisted by renewed demand from US-listed spot Bitcoin exchange-traded funds (ETFs), which logged $1.1 billion in net weekly inflows leading up to Thursday. In the broader DeFi space, Aave’s governance dispute continued, with the Aave Chan Initiative (ACI) saying it will not renew its engagement with the Aave DAO and plans to wind down operations in the next four months. Read more
Bitcoin erased its latest breakout attempt after hitting $74,000 as surprisingly weak labor-market data offered no tailwind to crypto or risk assets. Bitcoin (BTC) slipped under $70,000 around Friday’s Wall Street open as weak US employment data failed to boost risk assets. Key points: Bitcoin and stocks slump in reaction to a surprise downturn in US nonfarm payrolls. Read more