Tag: Bitcoin

Bitcoin Renko Mari-Ashi Reveals Where The Bottom Lies And When The Rise Will Begin Again

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A crypto analyst has shared more insights into the Bitcoin (BTC) price action using a rare Japanese chart pattern called the Renko Mari-Ashi. The chart shows that the Bitcoin price has formed a Double Bottom and could be on the verge of a major breakout. Additionally, it has highlighted the points where the Double Bottom was formed, revealing the area where BTC is likely to start rising again in this cycle.  Bitcoin Double Bottom Formation On The Renko Mari-Ashi Chart Geometric, a pseudonymous market analyst on X, said on April…

Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions

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Key Takeaways: Bitcoin surged over $2,000 on May 1 to test $79,000 resistance after a 13% gain in April. Bitcoin’s jump triggered $120 million in short liquidations as market cap hit $1.57 trillion. Analysts warn that Federal Reserve policy shifts may trigger volatility in high-value assets. Geopolitical Friction After ending April with gains exceeding 13%, Bitcoin kicked off the new month on a high, rising by more than $2,000 at one point to test the $79,000 resistance. According to the daily chart, bitcoin—which traded just below $76,500 late Thursday—spiked to…

Grok, ChatGPT, Claude — 11 AI Models Project Bitcoin Hits $84K to $118K by End of 2026

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Key Takeaways: Bitcoin AI models gave Dec. 31, 2026, targets from $84,500 to $118,400. Polymarket gives BTC 87% odds of topping $80,000 and 40% odds at $100,000. Bitcoin’s 2026 close hinges on ETF flows, liquidity, and institutional demand. Nearly a Dozen AI Models See Bitcoin Recovering in 2026, but Not Reclaiming Its $126K Peak Earlier in April, Bitcoin.com News drew on odds from several prediction marketplace events across Polymarket, Kalshi, and Myriad, where traders at the time leaned moderately bullish. Two weeks on, those probabilities remain largely intact, and as…

Bitcoin price climbs toward $80K on Iran news

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Bitcoin price rose nearly 3% to $78,700 on May 1 as Iran submitted a new peace proposal through Pakistani mediators to the United States, easing oil pressure and improving risk sentiment across global markets for the second time in a week. Summary Bitcoin price climbed to $78,700 on May 1, recovering from a multi-week low near $74,900 posted just two days earlier when Trump received a military briefing on new Iran strike options. Iran submitted a revised peace proposal through Pakistani mediators on May 1, CNBC reported, with oil prices…

Bitcoin reclaims the $78,000 handle on Gate

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Bitcoin has reclaimed $78,000 on Gate’s BTC/USDT pair, extending a rebound from $76,000 and keeping the market within range of the closely watched $80,000 level. Summary Gate’s BTC/USDT market shows Bitcoin trading at about $78,004, up 2.15% over the past 24 hours and back above a key resistance area traders have been watching all week. The move extends a broader rebound from lows near $76,000, keeping BTC within striking distance of the psychologically important $80,000 level highlighted in recent price commentary. Derivatives and ETF flows remain the main drivers, with…

Bitcoin open interest jumps nearly 6% as traders re‑lever into futures

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Bitcoin futures open interest has climbed 5.92% to $57.621b, signaling traders are re‑levering into BTC derivatives as open positions concentrate on a few major exchanges. Summary Coinglass data show Bitcoin’s total futures and perpetual contract open interest rose 5.92% in the past 24 hours, reaching $57.621 billion across major venues. Binance leads with $10.553 billion in BTC open interest, followed by Gate at $5.323 billion, Bybit at $4.725 billion, and OKX at $3.349 billion, underscoring how concentrated leverage remains. Rising open interest with relatively modest spot moves often signals traders…

Bitcoin May rally ahead? $79K breakout could decide

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Bitcoin traded at $77,250 at press time, with 24-hour volume at $30.89 billion, per crypto.news data.  Summary Bitcoin must break $79,000 to target the next resistance zone between $86,000 and $88,000. More than 10,000 BTC moved to exchanges last week, raising short-term selling pressure concerns. Analysts remain split as Bitcoin holds an uptrend while May seasonality shows no clear bearish pattern. The asset gained 2% in the past day but remained down slightly over seven days. The price has recovered from earlier weakness and now trades in a short-term uptrend.…

SBI adds Bitcoin, Ethereum and XRP rewards in Visa card push

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SBI Group has partnered with Visa on a credit card product that allows users to earn crypto assets through card rewards.  Summary SBI’s Visa card lets users earn crypto rewards in Bitcoin, Ethereum, and XRP. SBI VC Trade and Aplus will support the crypto rewards and card service. SBI is also discussing a Bitbank deal to expand its Japan crypto exchange presence. The card supports Bitcoin, Ethereum, and XRP rewards through SBI VC Trade and Aplus. The product links daily card spending with crypto rewards. It also shows SBI’s continued…

How Close Are We to $125,000 Bitcoin? Arthur Hayes Weighs In

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In our sit-down at Bitcoin Vegas, Arthur completely ripped into the Clarity Act (saying he hopes it actually gets vetoed) and called out the crypto space for constantly begging politicians for validation. On the trading side, he also broke down his current portfolio moves, explaining exactly why he’s dumping Ethereum to load up on Hyperliquid and why Dogecoin isn’t even on his radar. #Bitcoin #crypto #news Follow COINTELEGRAPH: Website: Telegram: Facebook: Twitter: Mobile app: Cointelegraph covers everything Bitcoin, bringing you the latest…

Bitcoin ETFs Post Strong April Inflows as Ether Turns Positive

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US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) finished April in the green as Bitcoin rallied throughout the month. Bitcoin ETFs drew $1.97 billion in inflows in April, well above March’s $1.37 billion, marking their highest monthly inflows of the year, according to SoSoValue data. With inflows in March and April offsetting outflows in January and February, Bitcoin ETFs now show about $1.47 billion in net inflows for 2026. The cumulative net inflows to the products since they launched have topped $58 billion. Monthly spot Bitcoin ETF flows in 2026. Source:…