Bitcoin faces a critical test at the $76,000 support level after bearish divergence on its short-term chart suggested a possible pullback. Despite this, the monthly chart supports major upside scenarios with long-term Fibonacci targets ranging from $162,346 to $589,837 if Bitcoin continues its recovery. A break below $76,000 could lead to deeper corrections near $73,500 and lower, while reclaiming $78,000 would weaken the bearish outlook. Investors should watch for confirmation of either a sustained rally or a broader correction in the coming days.
Bitcoin's price surged over 20% in less than a week, climbing from the low $60,000s to nearly $80,000, driven by a massive short squeeze and supportive U.S. Treasury bond buybacks. The daily Relative Strength Index (RSI) rose above 80, the highest si...
Bitcoin recently rallied over 22% to reach $79,000, its highest since May, sparking renewed investor optimism. However, Samson Mow argues that Bitcoin has never experienced a genuine bull run, suggesting last year's $126,000 peak was merely a respons...
Bitcoin surged about 25% this week, reaching nearly $80,000 following the US Treasury's expansion of its long-term bond buyback program from $2 billion to $4 billion per operation. This move helped lower 30-year Treasury yields, easing pressure on ma...
Standard Chartered has revised its Bitcoin price target for the end of 2026, suggesting that the previous estimate of $100,000 may be too conservative. Bitcoin's recent surge to $76,844, driven by ETF inflows and short liquidations, has raised expect...
Cryptocurrency markets are experiencing mixed gains, with Bitcoin rising 6.6% to $78,277 and Ethereum up 5% to $2,489. Several altcoins show significant increases, including Bitcoin Cash (BCH) up 30.4%, Zcash (ZEC) up 24.1%, and AAVE up 19.9%. These ...
