Crypto analyst Kevin Capital suggests Bitcoin could fall to $44,000 but recommends starting gradual purchases now rather than waiting for the exact bottom. He notes Bitcoin is in a typical bear-market bottoming phase from July to October and has already spent about 10 months in a bear market, close to previous cycle lengths. Kevin warns that waiting for the perfect low risks missing gains, citing the 2022 bear market as an example where early buyers still profited despite not hitting the lowest price. He plans to keep buying Bitcoin at key support levels and expects a long-term target between $200,000 and $300,000, though timing the peak is uncertain.
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...
