Bitcoin has surpassed $80,000 for the first time since January, signaling a bullish breakout with daily RSI and MACD indicators turning positive. The key resistance now shifts to $85,000, with analyst Michael van de Poppe highlighting $86,000 to $88,000 as the first major resistance zone. However, a 4-hour chart shows a potential risk of a drop back to $75,000 if Bitcoin fails to hold above a broken ascending channel. The next 24 to 48 hours are critical to confirm whether the bullish momentum will continue or if a retracement will occur.
Bitcoin failed three times to break above the $65,500 resistance level, causing a sharp drop to $64,336 and triggering $75 million in liquidations in the futures market. This volatility reflects market uncertainty amid US regulatory debates and a pau...
CoinMarketCap's Altcoin Season Index increased to 53, indicating a slight improvement in altcoin performance relative to Bitcoin. However, this level remains below the 75 threshold that signals a full altcoin season, keeping the market in a neutral s...
The Hong Kong Monetary Authority (HKMA) rated its banking sector's quantum readiness at 2.3 out of 10 and set a target for full preparedness by 2030, supported by regulatory mandates and industry tools. In contrast, Bitcoin faces similar quantum comp...
Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulator...
On July 27, Bitcoin ETFs experienced an outflow of $11.6 million, indicating a possible short-term drop in investor demand. Meanwhile, Ethereum funds saw an inflow of $9.2 million, reflecting growing positive sentiment toward Ethereum. These contrast...
