Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin is in accumulation phase; analyst urges buying altcoins, not selling.

Market News
11 Jun 2026
Benzinga
View Source
Bullish
pluang ai news

Crypto analyst Capo sees Bitcoin currently in an accumulation phase, not a deeper collapse, despite recent weakness. He highlights that altcoins are showing relative strength and suggests it's a good time to buy rather than sell. Capo also notes that bearish market sentiment might signal a buying opportunity and expects capital to shift from equities to crypto after recent stock rallies. He believes the traditional four-year Bitcoin cycle may be evolving but still intact, with potential for a prolonged bearish phase and sharp rallies ahead.

More News (BTC)

Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...

Technical Signals
Bullish
4 hours ago
Bitcoin steadies near $65,500 as Ethereum breaks $1,900 amid soft inflation and market caution.

Bitcoin steadies near $65,500 as Ethereum breaks $1,900 amid soft inflation and market caution.

Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...

Market News
Neutral
6 hours ago
Bitcoin, Ethereum, and Zcash show strong recovery signs while XRP struggles to break resistance levels.

Bitcoin, Ethereum, and Zcash show strong recovery signs while XRP struggles to break resistance levels.

Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...

Technical Signals
Bullish
8 hours ago
Peter Schiff warns Bitcoin could drop to $20,000, criticizes Strategy's stock sale amid BTC holding risks.

Peter Schiff warns Bitcoin could drop to $20,000, criticizes Strategy's stock sale amid BTC holding risks.

Economist Peter Schiff predicts Bitcoin's price could fall to as low as $20,000, citing resistance near $65,000 and support around $58,000. He criticized Strategy (formerly MicroStrategy) for raising $450 million through stock issuance instead of usi...

Market News
Bearish
8 hours ago
SpaceX stock crash drops Elon Musk's net worth below $1 trillion amid market worries.

SpaceX stock crash drops Elon Musk's net worth below $1 trillion amid market worries.

Elon Musk's net worth fell below $1 trillion after SpaceX's stock plunged about 40% from its peak, dropping the company's valuation from $2.9 trillion to under $1.6 trillion. The stock, which surged to $225 after its IPO, has fallen below its initial...

Market News
Bearish
12 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App