Bitcoin surged from $63,000-$65,000 to around $77,000 in a few days, breaking above its long-term moving average near $71,689, signaling a major momentum shift. The rally, supported by strong trading volume, puts the $80,000 resistance level in focus, with further gains possible if buying pressure continues. However, momentum indicators show Bitcoin is overbought, suggesting a potential consolidation before another push higher. Key support lies between $71,500 and $72,500, crucial for maintaining the bullish trend.
Bitcoin surged from around $64,000 to nearly $79,500 last week, supported by $2.6 billion in inflows to US spot bitcoin and ether ETFs, the strongest since October 2025. Improved liquidity from US Treasury bond purchases and clearer crypto regulation...
Jiang Zhuoer, founder of BTC.TOP, has shifted from a bearish to a bullish outlook on Ethereum, predicting it could outperform Bitcoin in the current market cycle. After closing short positions on ETH at a loss due to its rapid recovery, he now holds ...
Abraxas Capital, a London-based digital asset firm managing over $4 billion, has taken large short positions totaling around $783 million on Hyperliquid, including major tokens like ETH, Bitcoin, HYPE, and Solana. To hedge these short positions, the ...
Grayscale Investments highlights factors supporting Bitcoin as a long-term investment despite recent price weakness. Key points include ongoing structural growth in Bitcoin adoption driven by government deficits, blockchain integration, and younger i...
Bitcoin surged past the Short-Term Holder Realized Price of $67,000-$69,000 for the first time since May, signaling a potential shift in market momentum. The Long-Term Holder Realized Price remained steady near $49,200, indicating no major sell-off f...
