Bitcoin's bear market might be nearing its final stage, but charts suggest a possible further drop to $25,000-$35,000 before a durable bottom forms. This bottom could set the stage for a major rally, with an Elliott Wave model projecting a peak around late 2029, potentially reaching high six-figure values. After this peak, a correction is expected through 2030, followed by another advance toward seven figures by 2031-2032. However, these projections depend on Bitcoin completing its current correction and establishing higher long-term highs first.
Bitcoin is on the verge of a significant technical breakout, potentially pushing its price above $70,000. Key bullish patterns like the inverse head and shoulders and a falling wedge suggest a trend reversal, with resistance around $65,000 weakening....
Russia's State Duma is set to finalize a new crypto regulation bill on July 21 that will license exchanges and brokers under the Bank of Russia's oversight. The bill classifies cryptocurrency as property, allows crypto for cross-border settlements, b...
Cryptocurrency markets display varied price changes, with Bitcoin trading above $65,600, up nearly 2%, and Ethereum rising about 2.7%. Several altcoins such as UNI, PI, and LDO show significant gains, reflecting ongoing investor interest and market v...
Bitcoin spot ETFs attracted $273 million over two weeks, ending an $8 billion outflow streak, but this inflow barely covers the smallest weekly outflow during that period. The recent Bitcoin price rebound is driven mainly by derivatives rather than s...
Cryptocurrency markets display varied price changes with Bitcoin trading above $65,500, up 1.55%, and Ethereum near $1,900, up 1.66%. Several altcoins such as NEAR (+3.17%), PUMP (+20.89%), and DEXE (+7.81%) show significant gains, indicating selecti...
