Bitcoin's price has dropped to the lowest valuation band in the rainbow model, trading 66% below its long-term trend price, signaling a potential accumulation phase but not a confirmed bottom. The current cycle duration is close to previous bottoming periods, yet valuation metrics like MVRV suggest prices haven't fallen as deeply as before. Additionally, Bitcoin's price is decoupling from rising global liquidity (M2), weakening traditional cycle timing signals. This divergence means liquidity no longer strongly supports Bitcoin's price movements, making it harder to confirm a market bottom despite cycle timing alignment.
A sharp price increase in XRP, NEAR, and other altcoins triggered $666 million in forced liquidations of short positions within 24 hours, marking the largest wave of crypto short squeezes in months. XRP rose nearly 8%, NEAR surged over 11%, and Bitco...
Bitcoin surged more than 6% to trade around $86,000, fueled by a mix of ETF demand and a short squeeze rather than broad market accumulation. Analysts at Nansen highlight that while the price has turned bullish quickly, major crypto holders remain ca...
Bitcoin surged to $86,000, its highest in eight months, driven by a massive $648 million short squeeze that broke through a critical resistance zone between $82,000 and $86,000. This price level is significant as it marks the breakeven point for US s...
Bitcoin and major cryptocurrencies rallied strongly, with Bitcoin reaching around $85,700 and many altcoins up 10% or more. Investor Kevin O'Leary forecasted Bitcoin could hit $1 million if the crypto industry addresses the potential future threat of...
Bitcoin surged past $84,000, fueled by a short squeeze that forced bearish traders to close leveraged positions, causing $746 million in crypto liquidations. This rally lifted most cryptocurrencies, with Bitcoin futures and options showing increased ...
