Bitcoin is trading around $77,250 and must break above $79,000 to target the next resistance zone between $86,000 and $88,000. Analysts are divided as Bitcoin maintains an uptrend despite increased short-term selling pressure from over 10,000 BTC moved to exchanges last week. While the price gained 2% in the past day, it remains slightly down over the week. A clean break above $79,000 would confirm stronger momentum, supported by rising moving averages, though volume has yet to signal a major breakout. Support levels are near $73,000 to $74,000, with deeper support at $65,000 and $60,000. Seasonal trends for May show no clear bearish pattern, keeping the outlook cautiously optimistic.
Three major institutions—Galaxy Digital, NYDIG, and Standard Chartered—disagree on whether Bitcoin has hit its bottom, with estimates ranging from not yet to around $59,000. Bitwise CIO Matt Hougan argues the focus should be on their shared view that...
Bitcoin investors have added a net total of approximately 259,000 BTC between the price range of $59,000 and $67,000 over the past 10 days, according to Glassnode data. This buying activity spans all wallet sizes, from small retail holders to large w...
Bitcoin surged past $66,500 following the Bank of Japan's interest rate increase to a 31-year high, boosting crypto market confidence. Altcoins Stellar's XLM, Injective's INJ, and Uniswap's UNI saw gains between 13% and 16%, with UNI benefiting from ...
The Bank of Japan raised interest rates to 1%, the highest level since 1995, marking a significant shift from its ultra-easy monetary policy. This move could strengthen the Japanese Yen and increase borrowing costs, potentially causing a 20-30% decli...
In a recent debate moderated by Fox Business, Peter Schiff acknowledged that Bitcoin is unlikely to go to zero, a statement that Anthony Pompliano highlighted as a win. Schiff, known for repeatedly predicting Bitcoin's demise, was challenged by Pompl...
