Veteran trader Peter Brandt forecasts that Bitcoin could fall to around $56,000, citing an expanding triangle pattern on the daily chart that typically signals a bearish move if broken downward. This pattern, common in Bitcoin's price history, suggests a potential decline of over 14% from current levels unless Bitcoin climbs back above $75,000, which would invalidate this bearish outlook. Another analyst, DonAlt, disagrees with a drop back to $50,000, expecting Bitcoin to hold above $60,000 and turn bullish only if it closes above $71,000. Currently, Bitcoin trades around $65,587, down 2.5% for the day, reflecting ongoing market uncertainty.
Goldman Sachs has revised its monetary outlook, now forecasting a 25 basis point Federal Reserve rate hike in September following stronger-than-expected core inflation data for August. This shift reflects a growing consensus among major banks and has...
On September 11, 2026, two major Bitcoin mining pools, Antpool and Spiderpool, simultaneously found valid blocks at the same height, causing a brief blockchain reorganization. Antpool's block ultimately became part of the main chain, while Spiderpool...
Binance Coin (BNB) recently surged past the key $745 resistance level, marking a significant shift to a bullish long-term trend. Technical indicators like CMF, OBV, and RSI support this positive outlook, with the $700 zone now acting as support. The ...
Bitcoin, Ethereum, and XRP are under pressure due to rising expectations of a Federal Reserve interest rate hike at the September 15-16 meeting, with an 86.5% chance of a 25 basis point increase. This would be the Fed's first rate hike in three years...
Grayscale reports that Zcash mining rewards are about twice as high as Bitcoin's per mining rig and four times higher per unit of electricity, making Zcash mining highly profitable. This profitability has led to a 2.5-fold increase in Zcash mining ac...
