Bitcoin briefly fell below the $80,000 mark but quickly recovered as large investors (whales) bought 20,000 BTC this month, showing strong accumulation. Despite some investor caution and a recent pullback, technical indicators suggest the rally remains intact with potential to reach $85,000 soon. Key support levels to watch are $77,000 and $72,000, with a break below these risking a deeper drop. Overall, Bitcoin is positioned for a possible major upward move if it breaks above the 200-day EMA, signaling the end of the bear market.
Bitcoin has faced pressure in 2026 with a 27% decline, but Bernstein analysts see this as a shift toward a more institution-driven market rather than a sign of trouble. Retail investors are moving toward AI stocks, causing capital inflows into Bitcoi...
Bitcoin is trading near $63,000, about 50% below its all-time high, with investors watching the Bitcoin Electrical Cost metric, currently around $48,694. This metric, which measures the average electricity cost for miners to produce one BTC, has hist...
Bitcoin recovered strongly to surpass $64,000 after falling below $60,000 during a sharp sell-off triggered by rising Iran-Israel tensions. This rebound helped the overall crypto market cap reach $2.26 trillion despite ongoing geopolitical risks. The...
Bitcoin has rebounded to around $63,000 following a relief rally after hitting oversold levels, with Ethereum, XRP, and Dogecoin also rising by about 3%. Despite this bounce, analysts warn the recovery may be shallow, as Bitcoin faces resistance near...
Michael Saylor's firm reversed its recent Bitcoin sale by purchasing 1,550 BTC for $101 million, increasing its total Bitcoin holdings to 845,256 BTC. This move comes a week after the firm sold 32 BTC, marking its first sale since 2022, signaling a s...
