Bitcoin's Relative Strength Index (RSI) has dropped to its most oversold level since 2020, a signal that historically preceded significant price rebounds of 50% in 2020 and 30% in February 2026. Traders are closely watching this momentum indicator as it suggests a potential recovery toward the $70,000 mark, a key psychological and technical level. However, this is not guaranteed, as market conditions, macroeconomic factors, and regulatory developments could impact the outcome. Investors remain cautious, using the RSI alongside other data points to confirm any sustained upward move before committing.
In the week ending August 21, U.S. spot Bitcoin and Ethereum ETFs recorded their strongest combined inflows of 2026, totaling about $2.6 billion, with Bitcoin ETFs attracting $1.9 billion and Ethereum ETFs $697.2 million. This surge coincided with in...
A small portion of Bitcoin previously seized from the FTX/Alameda complex has been transferred again, stirring market attention. Despite this Alameda-related selling, Bitcoin shows strong resilience with a 25% rally in August and ongoing institutiona...
Bitcoin fell below $78,000 following the US July PCE inflation reading of 3.7%, which was higher than the expected 3.6%. This inflation data also caused declines in traditional markets like equities and gold. Despite the pullback, CryptoQuant signals...
Bitcoin stabilized around $78,000 after a recent pullback from over $81,000, amid the U.S. SEC's progress on updating crypto custody regulations. The SEC's proposed rule changes, now under White House review, aim to clarify how investment advisers an...
Prediction markets show mixed bets on Bitcoin's price for 2026, with probabilities spread from $50,000 to $150,000. Polymarket traders give a 69% chance Bitcoin hits $85,000 by year-end, but odds drop sharply for higher targets. Kalshi markets also s...
