Tag: Bitcoin

Bitcoin Price Action Stalls Near $76K Support as Volatility Compresses

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Key Takeaways Bitcoin held near $76,738 on May 19 as BTC traders defended critical 76K support. Market indicators showed 9 sell signals, keeping BTC momentum mixed near 77K. Bitstamp BTC/USD charts suggest 78.5K resistance could decide bitcoin’s next move. Bitcoin Chart Outlook On the one-hour bitcoin chart, intraday price action stayed compressed. Not much has changed since yesterday’s price action. Declining volatility and smaller candle formations reflected a market waiting for a catalyst. BTC traded within the $76,055 to $77,666 intraday range while hovering near $77,000 through the session. Consolidation…

Analyst Says Roadmap For Bitcoin To Reach $500,000 Is Complete, Here’s Why

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Bitcoin’s long-term chart has produced another interesting price projection, as crypto analyst Crypto Tice is pointing out a technical roadmap needed for a rally to $500,000. This Bitcoin price forecast is based on a broad ascending channel that has guided the cryptocurrency through previous support tests, midrange rallies, and rejection zones. Notably, the latest structure is now positioned at what the analyst called the second major support touch. Bitcoin’s Bull Channel Structure Crypto Tice, a technical analyst on the social media platform X, analyzed a macro bull channel on Bitcoin’s…

Is Bitcoin price headed to $75K as SMA crossover and RSI turn bearish?

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Bitcoin price remained under pressure on Monday as weakening technical indicators, heavy ETF outflows, and rising geopolitical tensions continued weighing on investor sentiment, with traders increasingly watching whether BTC could revisit the key $75,000 support zone next. Summary Bitcoin price slipped toward the $76,000 region as bearish SMA crossover signals and weakening RSI momentum increased downside pressure on BTC. Spot Bitcoin ETFs recorded over $1 billion in recent net outflows, while short-term holders realized losses on more than 15,000 BTC. Analysts identified key Bitcoin support near $75,733, with CoinGlass liquidation…

This Bitcoin Rally has Convinced me That the BTC Bear Market is Officially Over! I’m Now Bullish!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Thank you for taking the time to watch. If you want to support these videos, you can do so by following this link. Tips and Donations towards my work through PayPal: The donation page is called the Chart Pattern Trader, which is my other channel. So don’t worry about the name on the page. It’s me!!! PayPal is secure, safe and easy to use. Your support enables me to bring you amazing information and content each and everyday. Information you’re not going…

Bitcoin Ponzi trader gets 9 years for $10M Ohio scheme

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An Ohio investment manager has received a nine-year prison sentence for running a $10 million Bitcoin trading Ponzi scheme that misled crypto investors. Summary Giri received nine years after prosecutors said his Bitcoin derivatives scheme raised over $10 million. He pleaded guilty in 2024, then admitted soliciting more crypto investors before sentencing hearing date. FBI data shows crypto-linked complaints caused $11.36 billion in losses during 2025 across America overall. Rathnakishore Giri, 31, of New Albany, Ohio, was sentenced to nine years in federal prison and three years of supervised release.…

Swan Bitcoin Faces Nearly $1B Lawsuit Over Prime Trust Transfers

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The post-bankruptcy trust for Prime Trust has filed suit against Swan Bitcoin, alleging the Bitcoin services company exploited insider knowledge to pull nearly $1 billion in assets from the custodian days before its collapse. The complaint, filed in Delaware bankruptcy court, accuses Electric Solidus, the corporate entity behind Swan, of receiving over $24.6 million in cash, 11,994 Bitcoin (BTC) currently worth around $923 million, roughly 5 million USDt (USDT) and smaller amounts of other digital assets before Prime Trust’s August 2023 bankruptcy. At the center of the allegations is an…

Strategy Holds 843,738 BTC vs Blackrock’s 817,138 as the Race to a Million Bitcoin Intensifies

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Key Takeaways Strategy leads with 843,738 BTC against Blackrock’s 817,138 BTC, a gap of roughly 26,600 coins. Strategy overtook Blackrock as the largest institutional bitcoin holder in April 2026 after a $2.54B purchase. JPMorgan estimates Strategy’s bitcoin purchases in 2026 could reach $30 billion in total. Two Giants, One Finish Line For much of late 2024 and early 2025, Blackrock’s iShares Bitcoin Trust was regarded as the fastest-growing exchange-traded fund (ETF) in U.S. market history. However, in April of this year, Strategy closed the gap entirely, acquiring 34,164 BTC in…

Bitcoin Traders Push BTC Back to $77K After Trump Freezes Iran Response

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Key Takeaways On May 19, bitcoin rebounded above $77,000 following Donald Trump’s delayed military action in Iran. Bitfinex analysts noted that weak demand for spot ETFs has left crypto liquidity at its worst since February. Future recovery depends on fresh capital to exceed the current $2.8 billion in onchain flows. Geopolitical Relief Bitcoin climbed back above $77,000 on the morning of May 19, rebounding from a late‑Monday dip to $76,000. The recovery remained uneven, with the cryptocurrency whipsawing through sharp volatility before stabilizing near $77,200 by 3:50 a.m. EST. The…

Bitcoin ETFs lose $648M as analysts warn of weak demand

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U.S. spot Bitcoin ETFs have recorded their biggest single-day outflows since late January after investors pulled nearly $650 million from the products as Bitcoin slipped below $78,000 amid rising geopolitical and inflation concerns. Summary U.S. spot Bitcoin ETFs posted $648.6 million in net outflows, the largest single-day withdrawal since Jan. 29. Bitcoin fell below $77,000 as rising U.S.-Iran tensions and higher oil prices renewed inflation concerns across risk markets. Analysts at Bitfinex said weakening ETF demand and slower on-chain capital inflows have left Bitcoin more exposed to macroeconomic pressure. According…

The Bitcoin Meltdown: What’s Behind The Drop To $76,000, And What’s Next

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Bitcoin (BTC) has slid sharply over the past week, retracing nearly 7% and wiping out the upside that built after last week’s Senate Banking Committee markup of the CLARITY Act. That legislative momentum helped push BTC above the $82,000 area, but the coin is now changing hands around $76,700. The Bitcoin Pullback Glassnode’s latest read on the situation points to a clear deterioration in short-term market behavior. The firm says the Bitcoin selling pressure has intensified, with Spot CVD falling by 848.7%.  At the same time, spot volume is up…