Veteran trader Bob Loukas highlights Bitcoin's unusual market behavior as it approaches the $85,000-$88,000 range, showing resilience unlike typical bear market bounces. He suggests this rise, lasting 88 days, indicates base building and a possible long-term cyclical bottom forming through 2026. Despite breaking $81,000, caution remains as the $85,000-$88,000 zone may act as a strong resistance, risking a retest of lower ranges if not surpassed. Loukas views 2026 as a transformation period with Bitcoin likely to consolidate between $60,000-$70,000 rather than sharply decline, emphasizing endurance over quick price moves.
On June 15, Ethereum, Solana, and XRP spot ETFs attracted net inflows, signaling growing investor confidence in these cryptocurrencies. In contrast, Bitcoin spot ETFs experienced $64.09 million in net outflows, reflecting a shift in preference among ...
Despite Bitcoin's recent 10% recovery, analyst Ali Martinez warns the next bull market is not imminent. He points to the Cumulative Value Days Destroyed (CVDD) metric, which last marked a market bottom when Bitcoin hit around $48,000. Martinez sugges...
Bitcoin surged past $66,000 while Ethereum and Solana also gained, driven by easing geopolitical tensions and renewed risk appetite. Despite about $3 billion in outflows from Bitcoin ETFs, experts say this reflects market maturation rather than decli...
Three major institutions—Galaxy Digital, NYDIG, and Standard Chartered—disagree on whether Bitcoin has hit its bottom, with estimates ranging from not yet to around $59,000. Bitwise CIO Matt Hougan argues the focus should be on their shared view that...
Bitcoin investors have added a net total of approximately 259,000 BTC between the price range of $59,000 and $67,000 over the past 10 days, according to Glassnode data. This buying activity spans all wallet sizes, from small retail holders to large w...
