Bitcoin has risen about 13% in April but is expected to trade with limited gains in the short term, with a 64% chance of staying above $76,000 by tomorrow. Market caution is driven by broader economic concerns, including the Federal Reserve's steady interest rates and geopolitical tensions affecting oil prices. These factors have increased risk aversion and led to significant leveraged liquidations in Bitcoin positions. The near-term outlook is neutral, with Bitcoin needing to maintain support levels around $76,200 to avoid a sharper decline, while future price moves will depend on macroeconomic developments and technical signals.
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,...
