Bitcoin sentiment falls to 2023 low, but ‘risk on’ environment may emerge to spark BTC price rally

Bitcoin sentiment falls to 2023 low, but ‘risk on’ environment may emerge to spark BTC price rally

A Bitcoin sentiment metric fell to bear market lows this week, but clever counter-traders may interpret this as a risk-on, go-long opportunity for BTC. Bitcoin (BTC) sits in one of its least bullish phases since January 2023. According to Bitcoin’s “bull score index,” investor sentiment is showing its lowest reading in two years.  Bitcoin bull…

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Bitcoin falls toward K and prints ‘death cross’ as US stocks mimic 2020 COVID-19 crash

Bitcoin falls toward $80K and prints ‘death cross’ as US stocks mimic 2020 COVID-19 crash

Bitcoin’s pre-reciprocal US tariff gains evaporated as the S&P 500 prints intra-day losses not seen since the height of the COVID-19 sell-off in mid-2020. Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph…

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How long will Bitcoin’s price consolidation last?

How long will Bitcoin’s price consolidation last?

Bitcoin’s price consolidation looks set to continue as neutral funding rates and macroeconomic uncertainty highlight indecisiveness among traders. Bitcoin (BTC) price has been consolidating in a wide range between $80,000 to $88,500 since March 12.  Data suggests that Bitcoin’s consolidation may continue for some time, with onchain indicators pointing to the continuation of the “broader…

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Bitcoin can hit 0K in 2025 if Fed shifts to QE: Arthur Hayes

Bitcoin can hit $250K in 2025 if Fed shifts to QE: Arthur Hayes

BitMEX co-founder Arthur Hayes predicted Bitcoin could hit $250,000 in 2025 if the US Federal Reserve pivots to quantitative easing, but market bets remain conservative. Bitcoin may still rise to over $250,000 before the end of the year, with expectations of an increasing fiat supply remaining the significant catalyst for the world’s first cryptocurrency. Bitcoin’s…

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