John Bollinger, creator of Bollinger Bands, identified a nested 'W' or double bottom pattern in Bitcoin's daily chart, suggesting a potential trend reversal. Bitcoin was trading near $62,500, and a daily close above $65,000 is needed to confirm the breakout. This pattern follows a 25% drop from the May high of $82,000. The recent US jobs data showing slower job growth adds context, with upcoming inflation and Fed signals likely to influence Bitcoin's next move.
Bitcoin has recovered above $62,000 after defending the $58,000 support level twice, signaling a strong buying zone. This rebound was driven by a combination of easing inflation fears, a short squeeze, and a structural shift as European traders move ...
Bitcoin investors currently hold an average unrealized loss of about 20%, with the True Market Mean (TMM) cost basis near $76,700 acting as a key resistance level. This TMM reflects the average acquisition cost of active holders, excluding dormant co...
Bitcoin's realized profit and loss ratio has dropped to -0.35, the lowest in 43 months, a level historically linked to major market bottoms. This metric, indicating net realized losses, last fell to this level during significant downturns in 2015, 20...
Gold and Bitcoin have experienced significant capital outflows and increased short interest in the first half of 2026, driven by slow progress in U.S.-Iran talks and broader macroeconomic uncertainty. Gold ETFs like GLD and GDX saw short interest spi...
Dave Portnoy, founder of Barstool Sports, revealed he is down millions on his Bitcoin investment bought near $100,000 but vows to hold the asset even if it falls to zero. He admitted to repeatedly mistiming trades, selling before rallies, and now pre...
