Bitcoin is now printing green candlesticks on the weekly and daily timeframes, and this raises the question of whether the worst has already passed or maybe the floor is still months away. An interesting analysis of Bitcoin’s price action over a multi-year time span pushes back against the growing optimism, pointing to a pattern that has held for more than a decade and suggesting that time, not just price, may still be working against a confirmed bottom. Every Bitcoin Bear Market Has Taken Over A Year To Bottom Going back…
Tag: Bitcoin
Bitcoin pierces $77,000 as leverage builds above and below spot
BTC has broken $77K with 3.45% daily gains, but Coinglass shows $2.221B of longs below $73,610 and $913M of shorts above $81,264, turning the range into a leverage trap. Summary Bitcoin has broken through $77,000 on Gate, with BTC/USDT last changing hands around $77,019 and up 3.45% over the past 24 hours. The move comes as Coinglass data show roughly $2.221 billion in BTC longs sitting below $73,610 and $913 million of shorts above $81,264, turning the $70,000–$80,000 band into a heavily levered zone. Traders now face a market where…
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Bitwise Research Shows How Much Loss Your Bitcoin Incurs Depending On How Long You Hold
Bitwise Research has shed light on how holding durations can impact the ROI and outcomes of Bitcoin (BTC) investments, revealing a major distinction between short-term risk and long-term performance. The data shows that while short holding periods carry significant chances of loss, extended investment timeframes dramatically reduce downside risks. The findings are drawing significant attention in the crypto community as investors reassess their strategy in the ongoing bear market. Why Holding Bitcoin For Long Carries Less Risk New research compiled by Bitwise and shared by crypto analyst Bitcoin Archive indicates…
Bitcoin steadies as Iran reopens Hormuz but Trump keeps crypto‑fuelled oil squeeze
Iran’s move to fully reopen the Strait of Hormuz while Donald Trump keeps Iran’s ships under blockade has left oil and Bitcoin trading the ceasefire headline by headline. Summary Iran says the Strait of Hormuz is fully open to commercial traffic again. Trump vows the US naval blockade on Iranian ships and ports “will remain in full force.” Bitcoin holds near war‑zone ranges as oil traders weigh partial relief for supply. Iran’s announcement that it has fully reopened the Strait of Hormuz has eased the worst energy shock fears, but…
Bitcoin Rips Higher as Hormuz Reopening Lifts Sentiment and Keeps Bulls in Control
Key Takeaways: Bitcoin pushes toward $78K as strong buying momentum drives continued upside. Chart confirms bullish breakout with higher highs supporting trend strength. Technicals remain supportive, but extended price levels raise the risk of a pullback. Bitcoin Price Holds Strong Near Resistance Levels At 10:27 a.m. on April 17, bitcoin is trading at $77,765, continuing its push higher after reaching a 24-hour high of $77,717. The move reflects strengthening momentum, with bitcoin now up 5.69% over the past 24 hours. Price action shows a clear extension beyond prior consolidation, as…
Bitcoin Breaks $76K As Iran Reopens Strait Of Hormuz
US President Donald Trump took to Truth Social to announce that the Strait of Hormuz is now fully open for passage — a declaration that came hours after Iran’s Foreign Minister, Abbas Araghchi, confirmed the waterway would be unblocked for all commercial vessels during the remaining period of the US-Iran ceasefire. Related Reading Trump Weighs In As Bitcoin Climbs Bitcoin reacted fast. The leading cryptocurrency jumped sharply after Araghchi’s announcement and rose above $77,000 — its highest mark since February. At the time of reporting, it was trading around $77,300,…
Record Stocks Highs And Cooling Volatility Spark $88K Bitcoin Price Target
Bitcoin (BTC) refreshed February highs on Friday as attention focused on the upcoming weekly close and a longer-term rally to $88,000. Key points: Bitcoin hits its highest levels in ten weeks as markets abandon geopolitical nerves. BTC price strength may bring back $88,000 in just two to four weeks, a trader predicts. $72,800 becomes the level to watch for the next weekly candle close. Bitcoin price local peak brings hope of $88,000 Data from TradingView confirmed new ten-week highs of $77,027 on Bitstamp. BTC/USD one-hour chart. Source: Cointelegraph/TradingView BTC price…
Anthropic Debuts Claude Opus 4.7 as Agentic Workflows Take Center Stage – Bitcoin News
Key Takeaways: Anthropic launched Claude Opus 4.7 on April 16, 2026, featuring an 87.6% score on the SWE-bench Verified test. The AI industry shift toward agentic autonomy sees Opus 4.7 outperform GPT-5.4 in complex coding and finance. Developers must manage costs as the new model uses 1.0 to 1.35 times more tokens than the previous 4.6 version. AI Evolution: Claude Opus 4.7 Released With Enhanced Vision and Memory The San Francisco-based AI startup positioned the release as its most capable generally available model to date. It serves as a targeted…
Bitcoin Tops $77K as Iran Declares Strait of Hormuz Open
Update (4.17.26 6:43 PM UTC): This article has been updated to reflect updated BTC prices and rally data. Iran’s foreign minister said Friday that the Strait of Hormuz is open to commercial vessel traffic for the remainder of the current ceasefire, prompting quick market reactions. “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” said Iranian Foreign Minister Seyed Abbas Araghchi in a Friday X post. Source: Seyed Abbas Araghchi US President…