Bitcoin has opened a new CME gap near $67,500 after a rapid price jump above $69,000, creating an untraded zone that traders often expect to be filled soon. This gap acts as a potential support level if Bitcoin pulls back, but the current momentum remains strong with prices reaching above $70,000. Meanwhile, Bitcoin faces a third rejection at a rising trendline that has capped gains multiple times recently, indicating short-term selling pressure. The market is watching closely to see if Bitcoin will fill the CME gap first or break through the resistance trendline to continue upward momentum.
Bitcoin's price has dipped to just under $83,000, testing the bottom of its current trading range. Technical indicators suggest the price is oversold and a bounce is likely, but a breakdown below support could lead to a deeper correction. The key sup...
A wallet linked to Wintermute has built $126.25 million in short positions on Hyperliquid, with Ethereum short exposure at $46.92 million, followed by Solana and HYPE positions exceeding $10 million each. These shorts come as major cryptocurrencies l...
The Conference Board will release the September Consumer Confidence Index (CCI) on September 29, with a forecast of a slight rise to 90.0 from August's 89.4. The CCI reflects consumer optimism about the economy and influences spending and economic ac...
Bitcoin's price fell about 1.5% to near $83,000 following an unexpected Oval Office announcement by President Trump, whose topic remains unknown but is speculated to involve Iran. This announcement kicks off a critical week for Bitcoin, which also in...
In March 2025, President Trump signed an executive order establishing Bitcoin as a strategic reserve asset for the US government, consolidating about 328,000 BTC mainly from seizures and forfeitures. However, the order did not allocate taxpayer funds...
