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 wrapped up the week of June 5, 2026, with a significant drop of nearly 20%, marking its steepest single-week percentage decline since the FTX collapse in November 2022. The last time the market experienced a candle this red, it coincided with the cycle bottom. However, the current situation is more complex this time around … Read more
Bitcoin price has struggled to maintain its position above the $75,000 support zone. BTC continued to linger in a bearish territory, further extending its losses beneath the $74,500 mark. There was a dip beneath the $74,000 mark. The price even dipped below $73,000. A low was established at $72,470, and the price has recently made … 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 struggled to recover its momentum after plummeting from $126,000 per bitcoin in October of the previous year, while a lesser-known bitcoin competitor has unexpectedly surged by 1,000% and is being touted as a possible successor to bitcoin. The bitcoin price experienced a significant decline, reaching lows of $60,000 per bitcoin in February, before … 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
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
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