Bitcoin advocate Samson Mow declared the recent bearish trend over, citing a strong $58,000 limit order wall that absorbed selling pressure and set a local bottom. He argued that Bitcoin's cycle has accelerated, with the all-time high reached 37 days before the halving, making traditional market cycle predictions outdated. Mow also criticized classical technical analysis as ineffective in the current market. This stabilization suggests fewer opportunities for lower entry prices, signaling a potential market recovery ahead.
Bitcoin's market dominance increased to 58.19% amid a decline in overall crypto trading volumes and weaker altcoin performance, reflecting growing investor caution. Major altcoins like XRP, BNB, and Solana saw price drops, while trading volumes acros...
Bitcoin is experiencing a critical phase where short-term holders are selling at losses due to market stress and unfavorable U.S. economic conditions, while long-term investors are buying aggressively. This capitulation by new investors and instituti...
Galaxy Digital CEO Mike Novogratz attributes the recent Bitcoin price crash to a crisis of confidence triggered by significant unrealized losses at MicroStrategy and a shift in macroeconomic policies, particularly the Federal Reserve's hawkish stance...
Bitcoin has fallen over 50% from its October peak, raising questions about whether it has bottomed or will decline further. Grayscale identifies two potential paths out of the bear market, influenced by upcoming Federal Reserve rate decisions, progre...
In 2026, Bitcoin and gold have become the worst-performing major assets, with Bitcoin down 31% and gold down 6% year-to-date. This simultaneous decline is unusual for these traditional safe havens and is mainly due to a liquidity squeeze caused by th...
