Bitcoin is currently trading just above $80,000 but needs to firmly retake the $82,000–$82,500 resistance zone to signal a return to its long-term uptrend. It is trading narrowly below key long-term indicators, the 200-day SMA and EMA, indicating a critical technical battle. Despite this, Bitcoin remains above several major cost basis levels, giving bulls cautious optimism. Market sentiment is mixed, with some altcoins showing positive signs, but overall short-term volume metrics suggest lingering concerns.
Bitcoin has climbed back above $80,000, driven by steady inflows into US Spot Bitcoin ETFs and increased spot demand, signaling renewed institutional interest. Despite this positive momentum, capital inflows remain below levels seen in previous bull ...
Bitcoin dipped below $80,000 but remains structurally bullish after reclaiming the monthly 50 moving average (MA) as support, according to analyst Scient. This level, around $74,000, has historically defined Bitcoin's broader market cycles. The analy...
Bitcoin fell below $80,000 to around $79,100 after the US Producer Price Index (PPI) for April 2026 showed a sharp inflation rise, with a 1.4% monthly increase and 6.0% yearly surge. This unexpected inflation spike pushed the Federal Reserve to maint...
In Q1 2025, Jane Street, a major quantitative trading firm, cut its Bitcoin ETF holdings while increasing exposure to Ethereum ETFs and Galaxy Digital, a crypto financial services company. This shift suggests a portfolio rebalancing strategy rather t...
Legendary trader Peter Brandt cautions that the recent Bitcoin price increase is not the start of a new bull market but a temporary move within a bearish channel. This view is supported by rising US inflation data, with producer price index (PPI) inf...
