Bitcoin
Bitcoin Risks Drop To $108K, But Dip Buyers Step In
Key points: Bitcoin’s sell-off intensified, but data shows spot buyers increasing their allocation size. Liquidation heatmat data suggests the sell-off could extend to $107,000. Bitcoin (BTC) fell to a 2-week low of $108,865 on Thursday, and while an assortment of entities have shown interest in buying the range lows, this week, selling during the Asia […]
Here are the Bitcoin Price Levels to Watch Next
Key points: Key Bitcoin price levels above and below spot price are here as BTC is about to start a new week. A quiet weekend is slated to give way to volatility as fresh macro catalysts appear. A “busy week” will see the release of the Federal Reserve’s favorite US inflation gauge. Bitcoin (BTC) kept […]
Bitcoin Mining Difficulty Hits New All-Time High Again in September
The Bitcoin (BTC) mining difficulty, a metric that tracks the relative challenge of adding new blocks to the ledger, climbed to a new all-time high of 142.3 trillion on Friday. Mining difficulty hit successive all-time highs in August and September, driven by an influx of freshly deployed computing power over the last several weeks. Bitcoin’s […]
Bitcoin Price Targets Include a Return to Take $110,000 Liquidity
Key points: Bitcoin fails to close above $117,200, opening the door to support retests. A giant $4.9 trillion options expiry event adds further friction for Bitcoin bulls on Friday. Order-book liquidity shows bids massing at $110,000 and above, creating a “magnet” for price. Bitcoin (BTC) missed a key daily close into Friday as traders expected […]
Bitcoin Breaks Through Its VWAP Price in Repeat of May Rebound
Key points: Bitcoin breaks through its volume-weighted average price (VWAP), echoing the rebound from April’s sub-$75,000 lows. Stocks see fresh all-time highs as markets digest the Fed rate cut. Liquidity suggests that volatility is incoming as BTC price targets $118,000. Bitcoin (BTC) eyed $118,000 at Thursday’s Wall Street open as stocks hit new all-time highs. […]
Bitcoin Resistance at $116K Will Stay Until Renewed Momentum
Bitcoin has established a new resistance around $116,000, which is unlikely to change until the cryptocurrency gains renewed momentum, Bitfinex analysts say. However, two potential catalysts on the horizon could help bolster the price of Bitcoin (BTC). “BTC now trades at the upper edge of the range near $116,000, which remains resistance until decisively reclaimed,” […]
Bitcoin Price Drop To $113K Before New FOMC Highs Possible
Key takeaways: Bitcoin could retest the $111,000–$113,000 zone, mirroring the breakout structure seen in Q2. The URPD metric shows 5.5% of BTC supply clustered between $110,000–$113,000. Fresh mid-sized holders absorbed whale distribution of 715,000 BTC. Bitcoin (BTC) has rallied nearly 6% in September, defying its bearish seasonality. After a strong weekly performance, the asset topped […]
Strategy’s Bitcoin Stash Hits $73B with 638,985 BTC in Treasury
Strategy, the business intelligence company co-founded by Michael Saylor, has increased its Bitcoin holdings to more than $73 billion after a reported purchase as part of its treasury strategy. In a Monday notice, Saylor said the company had acquired 525 Bitcoin (BTC) for about $60 million, given an average price of $114,562 per coin. The […]
Bitcoin Gets ‘Walked Down’ Toward $115K Ahead of Fed Rate-Cut Showdown
Key points: Bitcoin drifts toward $115,000 into the weekly close ahead of a key macro week. BTC needs a weekly close above $114,000 to stay “bullish,” analysis says. Markets are convinced that the Federal Reserve will cut interest rates next week. Bitcoin (BTC) circled weekend lows into Sunday’s weekly close ahead of a major week […]
Wall Street Veteran Tips TradFi To Bolster Bitcoin Allocations
Wall Street veteran and macro analyst Jordi Visser is forecasting that US financial institutions are set to ramp up their Bitcoin allocations before the year is out. “Between now and the end of the year, the allocations for Bitcoin for the next year from the traditional finance world are going to be increased,” Visser told […]