Bitcoin recently reached around $82,500, approaching a key resistance level at $82,000. Traders see breaking and closing above this level with strong volume as crucial before targeting $88,000 next. While the market shows strength with ongoing Bitcoin ETF inflows, the overall structure remains bearish, and a confirmed bull market is not yet established. Support levels to watch are $78,500 and $76,000; a drop below these could push Bitcoin back toward $71,000. The outlook for September is cautiously positive, pending confirmation of strength above $82,000.
Bitcoin traded narrowly between $80,000 and $83,000 last week as concerns over debt-funded AI infrastructure pressured technology stocks and semiconductor valuations. CoreWeave’s rising credit default swap spread highlighted borrowing risks, while st...
MicroStrategy (MSTR), a major Bitcoin holder, is about to confirm a golden cross—a bullish signal where the 50-day moving average surpasses the 200-day average. This follows Bitcoin's own golden cross weeks ago, which preceded a price rise to over $8...
On October 19, major cryptocurrency futures saw notable changes in long exposure among top traders. Ethereum's dollar-margined long accounts fell by 2.46 percentage points, while Dogecoin experienced the largest decline among major assets at 1.23 poi...
Prediction markets show changing odds for major cryptocurrencies by year-end: Bitcoin has a 24% chance to reach $100,000, slightly down from the previous day, with a 7% chance to hit $120,000. Ether's probability to reach $3,500 rose to 16%, while XR...
Bitcoin is showing signs of a potential rally toward $93,000, supported by a developing bull flag pattern and increasing accumulation by large holders (whales). The price recently bounced off the 50-day EMA and is approaching a key resistance level a...
