Bitcoin traded flat recently but surged nearly 6% over the past week, supported by significant whale accumulation of over 4,500 BTC in 24 hours. Despite prices rising above $80,000, on-chain activity is at a two-year low, indicating the rally is driven by a smaller group of investors rather than broad retail participation. Analysts warn this could make the rally fragile, but successful technical breaks near key levels could push prices toward $84,000-$85,000 soon. The current situation suggests early accumulation rather than a decline.
Bitcoin is approaching a key resistance level at $66,200, with potential to climb toward $69,000 and beyond, according to technical analysis. However, weakening momentum suggests a possible short-term pullback to around $62,000 before buyers push pri...
Bitcoin climbed above $65,000 following a pause in the US-Iran conflict, which caused oil prices to fall sharply and eased inflation concerns. Lower oil prices reduced fears of aggressive Fed rate hikes, boosting risk appetite and supporting Bitcoin'...
Bitcoin and Ethereum prices increased on July 27 following signs of easing geopolitical tensions between the US and Iran, which improved investor confidence. Bitcoin rose 1.75% to around $65,447, while Ethereum climbed 4.63% to nearly $1,981. The pos...
Bitcoin and Ethereum prices increased notably following a 10% drop in Murban crude oil prices due to easing US-Iran geopolitical tensions. The US halted strikes on Iran, raising hopes for renewed peace talks and a possible ceasefire. Bitcoin rose by ...
Bitcoin surged above $65,000 following a US-Iran ceasefire that eased inflation concerns by lowering crude oil prices. This development weakened the dollar and boosted Bitcoin's appeal to international investors. Large holders moved $198 million wort...
