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Bitcoin has dropped 10% since its latest all-time highs — how much lower could BTC price action go before setting a local bottom? Bitcoin (BTC) has dropped 10% from all-time highs in a week as new support zones appear — where might BTC price action head next? Crypto traders and analysts weigh in on their…
Bitcoin is seeing increasing profit-taking, new research confirms, while Hyperliquid’s Wynn joined those liquidated during the latest 10% BTC price retreat. Key points: Bitcoin profit-taking is in full swing, but this can end up sustaining the bull market, Santiment research argued. Coins are spending increasingly less time in wallets, but the market is not suffering…
Bitcoin is getting bullish cues from its “cleanest trend indicator,” leading analysis to predict a run to $200,000 this year. Key points: Bitcoin’s “cleanest trend indicator” is flashing bullish for the first time since mid-2024. Previous signals mostly resulted in a BTC price blow-off top over the coming year. Read more If you liked the…
Call options outweigh puts in ETH’s $2.8 billion options expiry. Will Ethereum rally back to $2,700? Key takeaways: 97% of ETH put options will expire worthless if ETH holds above $2,600. A bullish ETH price outcome could be limited by macroeconomic factors and trading strategies that cap Ether gains. Read more If you liked the…
Bitcoin eyes fresh multiday lows with risk assets suffering from a lack of volatility catalysts and fading hopes of a Fed rate cut before September. Key points: Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September. Despite potential labor market weakness to come, crypto and risk assets lack…
XRP traders say it has the potential to rebound to $3.40 as the SEC begins a formal review of WisdomTree’s spot XRP ETF application. Key takeaways: XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential. SEC’s review of WisdomTree’s XRP ETF may spark investor interest as approval odds jump to 84% on…
Bitcoin’s largest traders appear confident in increasing exposure just below all-time highs, but a BTC price correction is still on the cards. Key points: Bitcoin whales are adding to their BTC positions while price ranges below all-time highs. If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone. Read more…
Bitcoin’s largest traders appear confident in increasing exposure just below all-time highs, but a BTC price correction is still on the cards. Key points: Bitcoin whales are adding to their BTC positions while price ranges below all-time highs. If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone. Read more…
Bitcoin’s largest traders appear confident in increasing exposure just below all-time highs, but a BTC price correction is still on the cards. Key points: Bitcoin whales are adding to their BTC positions while price ranges below all-time highs. If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone. Read more…
ETH bulls find a reason to go long after SharpLink Gaming reveals plans to form a $425 million Ethereum treasury. Key takeaways: SharpLink Gaming establishes the first ETH treasury, backed by Ethereum co-founder Joe Lubin. SharpLink will invest $425 million to acquire 120,000 ETH. Ethereum futures open interest hits an all-time high of $36.1 billion,…