Bitcoin’s price has been experiencing a massive drop over the past few weeks, and while it initiated a brief recovery recently, the correction is not over yet. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been dropping over the last couple of...
Metaplanet Acquires 156 BTC, Bringing Total Holdings to 2,391
CEO Simon Gerovich confirmed the latest bitcoin buy at an average of $85,890 per BTC , as it aims for 10,000 by 2025 and 21,000 by 2026. Metaplanet has acquired an additional 156 Bitcoin (BTC) for approximately $13.4 million. The Japanese investment firm is also exploring a potential listing outside...
Liquidations Top $600M as Bitcoin Falls $8K, Reversing Trump-Driven Rally
Many altcoins are down by double digits on a daily scale, including yesterday's top gainers - XRP, ADA, and SOL. The bull party that started yesterday didn’t last long, as bitcoin and most altcoins erased a massive portion of the gains charted in the past few hours. Naturally, this has...
BTC Price Keeps Dropping Despite Strategy’s Latest $2B Bitcoin Purchase
BTC's price is heading toward $95,000. Just a few hours after announcing the successful completion of a $2 billion offering of convertible notes, Strategy (formerly MicroStrategy) said it had purchased BTC for the exact same amount. Thus, its total bitcoin stash has grown to over 499,000 BTC. Strategy has acquired...
Bitcoin Price Analysis: BTC Loses Key Support – How Low Could It Go?
Bitcoin has dipped below the 100-day moving average at $98K, approaching the key $95K support level. However, low trading activity suggests a lack of strong momentum, making further short-term consolidation likely. Technical Analysis By Shayan The Daily Chart Bitcoin has recently dipped below the critical 100-day moving average at $98K,...
Bybit Hack Aftermath: Single Whale Liquidated for $46M as BTC Dumps by $4K
The total crypto market cap shed over $150 billion since the incident. As the details around perhaps the largest hack in the cryptocurrency industry continue to unravel, BTC’s price has started to crash once again, falling by over four grand since today’s peak. With the altcoins in a similar state,...
Bitcoin Goes Mainstream: Over 1,500 Financial Institutions Have BTC Exposure
More and more financial institutions are increasing their exposure to Bitcoin, according to researchers. There were 1,573 institutions with long exposure to Bitcoin as of the end of 2024, according to findings from Bitcoin analyst and educator Sam Callahan. The researcher took a deep dive into US Securities and Exchange...
Will Bitcoin Drop Below $80K Before Reaching a New ATH? (BTC Price Analysis)
Bitcoin’s price has been consolidating in a tight range, giving no indication about whether it’s going to recover or experience a deeper correction. Figuring out whether there is an accumulation or a distribution happening would be key to determining the future direction of the market. Technical Analysis By Edris Derakhshi...
Bitcoin (BTC) Consolidates at $97K, Official Trump (TRUMP) and Other Meme Coins Bleed Out Heavily (Weekend Watch)
The top 5 cryptocurrencies by market capitalization have been in consolidation mode in the past day. The last 24 hours have been relatively quiet for Bitcoin (BTC) and some of the large-cap altcoins. The primary cryptocurrency has shown very slight volatility, trading at almost the same level observed yesterday (February...
Bitcoin Price Analysis: How Likely is for BTC to Break Above $100K This Week?
Bitcoin is struggling to regain momentum, with its price action stagnating around the 100-day moving average. The current market structure suggests a pivotal moment, where a bullish rebound remains a strong possibility. Technical Analysis By Shayan The Daily Chart Bitcoin’s price has been consolidating near the crucial 100-day moving average...
