NYDIG warns that Bitcoin could face a significant sell-off, potentially dropping to between $38,000 and $39,000 by October 2026, reflecting a 70% decline similar to past cycles. This forecast is based on historical bear market patterns, despite 2025 showing unusually low volatility and no major investor capitulation. Other analysts disagree, with some like K33 Research and Standard Chartered suggesting the bottom is already near $58,000-$60,000, while others remain cautious about a prolonged bear market. The market is currently in a contraction phase with over half of Bitcoins in circulation at a loss, signaling a critical period before a potential new bull cycle.
Bitcoin's price has dipped to just under $83,000, testing the bottom of its current trading range. Technical indicators suggest the price is oversold and a bounce is likely, but a breakdown below support could lead to a deeper correction. The key sup...
A wallet linked to Wintermute has built $126.25 million in short positions on Hyperliquid, with Ethereum short exposure at $46.92 million, followed by Solana and HYPE positions exceeding $10 million each. These shorts come as major cryptocurrencies l...
The Conference Board will release the September Consumer Confidence Index (CCI) on September 29, with a forecast of a slight rise to 90.0 from August's 89.4. The CCI reflects consumer optimism about the economy and influences spending and economic ac...
Bitcoin's price fell about 1.5% to near $83,000 following an unexpected Oval Office announcement by President Trump, whose topic remains unknown but is speculated to involve Iran. This announcement kicks off a critical week for Bitcoin, which also in...
In March 2025, President Trump signed an executive order establishing Bitcoin as a strategic reserve asset for the US government, consolidating about 328,000 BTC mainly from seizures and forfeitures. However, the order did not allocate taxpayer funds...
