Bitcoin fell more than 4% to around $65,720 on March 27 due to escalating geopolitical tensions in the Middle East and the largest quarterly options settlement on record, worth $14.16 billion. Analyst Peter Brandt identified a bearish rising wedge pattern, suggesting Bitcoin could decline to $60,000 or even $49,000. Market experts warn that ongoing instability and the massive options expiry may increase volatility and downward pressure, with $60,000 as a critical support level. Some analysts foresee a potential drop below $50,000 in Q2 2026 before a possible recovery later in the year.
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
