Bitcoin has broken below the key 200-day moving average of $83K, exhibiting a notable bearish sign. However, the price encounters buyers’ last defence line at $80K, with a potential breakout leading to a substantial decline toward $75K. Technical Analysis By Shayan The Daily Chart Bitcoin was rejected at the $92K...
Why Arthur Hayes Is Bullish on Bitcoin Under Trump’s Economic Strategy
Arthur Hayes believes Trump's America First debt policies will force the Fed to print more money, which will eventually make Bitcoin an attractive investment. The crypto market suffered a dramatic crash after what seemed like a short-lived recovery following US President Donald Trump’s strategic crypto reserve announcement. While Bitcoin is...
Bitcoin Price Analysis: This Key Level Holds the Fate of BTC’s Bull Run
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...
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...
