Bitcoin is currently trading around $61,400, but veteran miner Jiang Zhuoer predicts it could fall to a bottom price between $42,000 and $44,000 by late 2026. His forecast is based on the mNAV ratio, which measures market value against BTC holdings and suggests deep market pessimism. However, he warns that the mNAV bottom may precede the actual price bottom, as seen in the previous cycle when Bitcoin's price fell further months after the mNAV low. Technical indicators like MACD and RSI show Bitcoin is in a bearish trend, with potential for further downside before a major accumulation phase begins.
Bitcoin price is steadily climbing toward a key resistance level near $83,000, which could mark a shift from a bear to a bull market if surpassed. However, technical indicators like the RSI show bearish divergence, suggesting momentum may be weakenin...
Bitcoin rose 1.43% to around $79,904 but faces resistance near $81,337, with momentum indicators like RSI and MACD suggesting the rally may be losing steam. Futures open interest dropped 4.39%, indicating traders are closing positions rather than add...
Bitwise reported about $100 million in net inflows on August 27 across its U.S. crypto exchange-traded products, with Solana funds leading at roughly $40 million, followed by Bitcoin at $22 million and Hyperliquid at $20 million. The Solana Staking E...
Bitcoin traded near $79,771 after reaching an intraday high of $81,280 but failed to break decisively above the $82,000 resistance level. Veteran trader Peter Brandt disclosed a long Bitcoin position following a bullish inverse head-and-shoulders bre...
Veteran trader Peter Brandt revealed he remains long on Bitcoin even as the cryptocurrency struggles to break above the key resistance zone around $82,000. Bitcoin recently climbed above $80,000 but faced strong selling pressure, causing a pullback. ...
