Bitcoin is experiencing a significant surge in Open Interest, as derivatives activity has now exceeded the peak session levels noted during the 2025 all-time high. This remarkable surge illustrates the growing involvement of traders and the heightened leverage typically observed during times of intense speculation for significant price fluctuations. With positions increasing in both futures … Read more
Following a robust rally in April that saw Bitcoin prices reach a three-month peak of $80,020, profit-taking has surged, as indicated. On May 8, investors reportedly realized 14,600 BTC in profits, amounting to $1.1 billion. This event marks the largest single day of profit-taking since December 2025, when BTC was trading above $90,000. Julio … Read more
Bitcoin has surged to $81,719 as of yesterday, breaking above critical technical levels and solidifying its position above the $80,000 mark. While bulls seem to have a strong grip, resistance around $85,000 is on the horizon, indicating a possible inflection point for the ongoing rally. Bitcoin’s movement above the True Market Mean of $78,200 and … Read more
Over the course of the last thirty days, there has been a noteworthy 21% rebound in the market’s largest cryptocurrency, propelling it past the $81,000 mark for the first time since January. Bitcoin is approaching a crucial threshold that, if surpassed by a daily close, could trigger another upward movement. In a recent post on … Read more
Bitcoin is currently priced at $78.3k as we kick off the first weekend of May. The asset has achieved a milestone it hasn’t reached since the cycle peak, successfully closing above the 100-day moving average and breaking out of a long-term descending channel that has encapsulated the entire bearish trend. The decision follows robust daily … Read more
Bitcoin is currently trading beneath a crucial cost threshold that short-term holders invested to obtain it — indicating that a significant number of recent buyers are facing losses as we approach one of the month’s largest options expiry events. Current data indicates that Bitcoin is trading below the Short-Term Holder Cost Basis of $78,900, as … Read more
Bitcoin price continued to find support above the $75,000 threshold. BTC has established a solid base, positioning itself above $75,500 as it embarks on a recovery wave. A surge occurred, breaking through the $76,000 and $76,200 thresholds. The bulls successfully drove the price above the 50% Fibonacci retracement level of the decline from the $77,888 … Read more
Bitcoin price struggled to maintain its position above the $76,500 support zone. BTC continued to linger in a bearish territory, further extending its losses beneath the $76,000 mark. A decline occurred beneath the $75,500 threshold. The price even dipped below $75,000. The price hit a low of $74,940 and is currently consolidating its losses. A … Read more
Bitcoin price faced challenges in holding its ground above the $78,500 resistance zone. BTC hit a high of approximately $79,500 before starting a fresh downward trajectory. A dip was observed below the $78,000 threshold. The price has dipped below the $77,500 and $77,000 levels. The price reached a low of $76,480 and is now in … Read more
Bitcoin’s price action has been climbing steadily off its February low around $61,300, but what lies directly ahead is not merely another resistance zone. This is a statistical threshold that has remained steadfast across various market cycles. Data indicates that each time Bitcoin has experienced a 30% recovery from a cycle low, it has subsequently … Read more
