Bitcoin price remains range-bound between $68,000 and $75,000 as three key events approach: the Iran ceasefire expiry on April 22, the US Senate's CLARITY Act markup later in April, and the Federal Reserve's FOMC meeting on April 28-29. The $68,000 level is crucial, having held despite geopolitical tensions and market fears. If the ceasefire extends and oil prices drop, bitcoin could rally toward $75,000-$80,000. However, renewed conflict or oil surpassing $110 could push bitcoin down to $65,000. The Fed meeting is unlikely to bring rate cuts soon, removing a typical boost for bitcoin. On-chain data shows strong accumulation by long-term holders despite retail selling, signaling market resilience ahead of these catalysts.
NYDIG projects Bitcoin might fall to $38,000-$39,000 by October 2026 if the current 2025-26 market decline matches the depth of the 2022 bear market. Bitcoin is currently trading near $64,500, down about 30% this year and roughly 50% below its Octobe...
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
