Bitcoin is trading around $62,700, close to Fidelity's power law support zone near $58,000, historically a strong accumulation area. This zone has aligned with major Bitcoin lows in 2015, 2018, and 2022, suggesting potential buying opportunities. However, Fidelity's Jurrien Timmer cautions that without a clear liquidity catalyst, a definitive bottom cannot be called yet. The market may drift sideways along this support for months until external liquidity returns, possibly influenced by upcoming political events like the CLARITY Act. Investors are advised to scale into positions patiently, watching liquidity indicators closely for signs of a sustained recovery.
Bitcoin rose slightly above $65,000, supported by reports that Iran may reach a deal with Oman to reopen the Strait of Hormuz, easing geopolitical risks. This positive sentiment also lifted Nasdaq 100 futures and stabilized the crypto market after a ...
Bitcoin trades near $65,000 as trader Peter Brandt signals a potential decline based on a head and shoulders chart pattern pointing to $58,000 if resistance at $67,260 is not reclaimed. The market shows weak trend strength with an ADX of 11.16, refle...
Bitcoin has gained nearly 11% in the third quarter of 2026, marking its strongest Q3 performance since 2021. This rebound follows a difficult first half of the year when Bitcoin dropped significantly, falling about 50% below its October 2025 peak of ...
Hedge funds trading bitcoin futures on the Chicago Mercantile Exchange (CME) have shifted from a long-standing net short position to a net long stance, according to CryptoQuant CEO Ki Young Ju. This rare change reflects a move away from the tradition...
XRP fell about 5% last week to around $1.03, underperforming as Bitcoin, Ethereum, and Solana gained 1-4%. The overall crypto market cap grew 1.4% to $2.19 trillion. XRP ETF inflows plunged 93% to $1 million, reflecting investor caution amid postpone...
