Margin long positions on Bitfinex surged to 80,600 BTC, the highest in 2.5 years, signaling strong bullish bets by large traders despite Bitcoin struggling below $78K resistance. This $6.2 billion leveraged exposure reflects institutional confidence but also poses risk of sharp sell-offs if Bitcoin fails to break above $78K. The market shows mixed signals with overall fear rising, while whales double down on longs, creating a critical price battle that could trigger a major rally or a steep decline depending on Bitcoin's next move.
The crypto market showed mild strength with total capitalization rising 0.68% to $2.57 trillion. Bitcoin held steady near $77,000, supported by optimism around regulatory discussions and tokenized stock trading plans, while Ethereum struggled below $...
Crypto analyst Benjamin Cowen says Bitcoin remains in a bear market after facing resistance at its 200-day moving average, a key indicator that previously signaled crashes in 2018 and 2022. He outlines two bearish scenarios: one where Bitcoin falls t...
Bitcoin dropped 6% after revisiting its 200-day moving average near $82,000, but K33 Research argues the $60,000 low in February is the maximum drawdown for this cycle. Unlike previous cycles, Bitcoin's current pattern shows a longer, slower decline ...
Coins.ph has expanded its QR-code crypto payment network in the Philippines by adding Bitcoin (BTC) and Ethereum (ETH) support, joining Tether (USDT) in the system. This update integrates with QRPH, the country's standardized QR payment system, which...
Bitcoin trades around $77,440, testing resistance near $78,000 amid mixed momentum indicators. The market shows cautious bullishness as BTC stabilizes above key support near $76,000, with traders watching the $77,500-$78,000 zone for a potential brea...
