Despite Bitcoin's recent 10% recovery, analyst Ali Martinez warns the next bull market is not imminent. He points to the Cumulative Value Days Destroyed (CVDD) metric, which last marked a market bottom when Bitcoin hit around $48,000. Martinez suggests Bitcoin could fall about 28% from current levels before a strong bull market begins, with a potential bottom near $38,000 in October 2026. The cryptocurrency remains in a long-term downtrend, showing lower highs and lows since its late 2025 peak above $125,000, and is currently down over 24% year-to-date. Investors are advised to watch key price zones for accumulation but to be cautious about buying into the current rally.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
