Bitcoin has shown signs of recovery after five consecutive months of decline, with its monthly candle turning green for March 2026. This rebound was driven by easing geopolitical tensions in the Middle East and strong institutional buying, including significant accumulation by Strategy, the largest corporate holder. The price surged from $65,000 to around $67,500, supported by a short squeeze and positive market sentiment shifts. Ethereum and other altcoins also rallied, reflecting broader market strength. The key resistance level remains near $69,000-$70,000, which Bitcoin must overcome to confirm a full trend reversal. This recovery could mark a turning point in the crypto market cycle, signaling potential stabilization or growth ahead.
Bitcoin's most popular call option strike price has shifted down from $80,000 to $70,000, indicating a lower expected price ceiling for the cryptocurrency. Open interest in the $70,000 call option now exceeds $1.6 billion, reflecting traders' bets th...
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin price briefly rose to nearly $65,470 following softer US inflation reports, raising hopes the Federal Reserve might pause rate hikes. However, profit-taking by long-term holders and whales around the $65,000 resistance led to a pullback towar...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
