While on-chain data indicates a positive perspective, the conditions of demand and the expansion of net supply present a contrasting view. Historical on-chain data indicate that bitcoin might be approaching a bottom in this bear market; however, demand conditions suggest that the asset still has considerable distance to cover. According to this week’s report, the … Read more
Geoff Kendrick stated on Friday that the crypto market has reached its cycle low, with Bitcoin’s recent decline to around $59,000 indicating the lowest point of the current downturn — a 53% drop from its all-time high of $126,000 in October. “Winter is over. Welcome back to crypto spring,” Kendrick wrote in a Friday note, … Read more
Bitcoin price continued to find support above the $60,000 threshold. BTC has established a solid base, positioning itself above $61,200 as it embarks on a recovery wave. There was a surge past the $62,000 and $62,200 thresholds. Additionally, the BTC/USD pair experienced a breakout above a bearish trend line, encountering resistance at $61,500 on the … Read more
Bitcoin price struggled to break through the $77,500 resistance zone. BTC has initiated a downside correction, slipping beneath the crucial support level of $76,500 and entering a bearish territory. There was a decline beneath the 50% Fibonacci retracement level of the upward movement from the $74,210 swing low to the $77,810 high. Additionally, the hourly … Read more
Bitcoin’s risk profile is on the rise as institutional selling picks up pace, with crypto analytics platform Swissblock highlighting a “high-risk” environment stemming from ETF outflows and geopolitical instability. As of May 26, Bitcoin is trading at $76,683, reflecting a decrease of 0.79% in the last 24 hours, as reported. Swissblock’s Bitcoin risk index currently … Read more
The 13 US Bitcoin Spot ETFs wrapped up last week with $1.26 billion in net withdrawals, coinciding with notable price declines in the wider crypto market. Notably, data reveals that this marks the most significant outflow from the Bitcoin ETF market since the final week of January, when investor activity culminated in a net loss … Read more
Bitcoin has experienced a significant downturn since reaching an all-time high in October of the previous year, shedding 40% of its value and driving the crypto market into a harsh winter crisis. The bitcoin price fell to recent lows of $60,000 per bitcoin in February, as a stock market rally failed to buoy bitcoin and … Read more
Bitcoin price struggled to maintain its position above the $77,500 support zone. BTC continued to linger in a bearish territory, further extending its losses beneath the $77,000 mark. A drop occurred beneath the $76,500 mark. The price even dipped below $76,200. The market saw a low at $76,020, with the price currently consolidating its losses. … Read more
Bitcoin BTC$76,985.53 dipped below the $77,000 mark on Monday in Asia, influenced by climbing oil prices and Treasury yields that weighed on risk assets. Meanwhile, prediction-market traders maintained a low probability for any immediate relief from the Federal Reserve. The decision arrives amid a backdrop of increasingly unfavorable macro conditions for the cryptocurrency market. The … Read more
The Bitcoin price has skyrocketed toward the $80,000 threshold in recent weeks, indicating a continuing rebound from the bear-market lows seen in the first quarter of 2026. However, the leading cryptocurrency seems to have exhausted the bullish momentum needed to maintain its ongoing recovery, as it remains around a key psychological price level. Interestingly, the … Read more