In early trading on Tuesday morning, Bitcoin prices reached $76,000, as reported. The asset has reached its highest trading level since the crash on February 6. Bitcoin has achieved it. On Tuesday, analyst ‘Sykodelic’ noted that it just closed the daily candle above the $74,500 April 2025 low. “To me, this daily close is a … Read more
The largest cryptocurrency was trading at $71,000 on Saturday morning, reflecting a decline of 0.7% over the past 24 hours following the U.S. airstrikes on military targets located on Kharg Island, which serves as Iran’s primary crude export facility. The pullback from Friday’s $73,838 peak was swift yet controlled. Bitcoin retraced 3.5% following the Kharg … Read more
Bitcoin and the wider crypto market entered Friday on a downward trend, with the majority of significant tokens recording losses in the past 24 hours as traders opted to de-risk in tandem with equities after Nvidia’s earnings-induced decline. Bitcoin was trading at approximately $67,766 at the time of this report, experiencing a decline of 1.5% … Read more
Bitcoin’s three-month futures basis has seen an uptick, indicating a rise in derivatives activity. A CEO highlights that retail users are “buying the dip” while maintaining resilient balances. It was informed that retail usually enters the market late and experiences the most significant losses during unwinds. Traders are ramping up leverage once more, despite Bitcoin … Read more
The Bitcoin price surged past $71,000 over the weekend, continuing its recovery following one of the most significant sell-offs of the cycle that had briefly driven the price down to around $60,000 earlier this week. The recovery is unfolding as institutional investors seem to view sub-$70,000 bitcoin as a fresh buying opportunity, while retail traders … Read more
Bitcoin found itself in a downturn, trading over 30% beneath its all-time highs and facing the emergence of a death cross—a technical signal that typically foreshadows major price corrections. Bitcoin is currently hovering just above $89,200, having recently experienced a crossover of its 10-week and 50-week simple moving averages on December 8. This significant development … Read more