Bitcoin (BTC) is currently trading near a significant resistance level around $79,537, facing a critical test of its short-term momentum. Technical analysis shows BTC reacting to long-term trendlines and holding within a range after a strong recovery in April, with a potential bullish crossover indicating rising momentum if confirmed. However, failure to break above this resistance could lead to sideways movement or a decline toward lower support levels between $64,974 and $72,936. The market remains split between a downside correction scenario and a bullish alternative that could push BTC above $86,000 if it holds above $77,115 and breaks resistance.
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...
Bitcoin surged past $66,500 following the Bank of Japan's interest rate increase to a 31-year high, boosting crypto market confidence. Altcoins Stellar's XLM, Injective's INJ, and Uniswap's UNI saw gains between 13% and 16%, with UNI benefiting from ...
The Bank of Japan raised interest rates to 1%, the highest level since 1995, marking a significant shift from its ultra-easy monetary policy. This move could strengthen the Japanese Yen and increase borrowing costs, potentially causing a 20-30% decli...
In a recent debate moderated by Fox Business, Peter Schiff acknowledged that Bitcoin is unlikely to go to zero, a statement that Anthony Pompliano highlighted as a win. Schiff, known for repeatedly predicting Bitcoin's demise, was challenged by Pompl...
