Tag: Bitcoin

Bitcoin, Altcoins Shake Off War Worries By Rallying Toward Range Highs

boss

War in the Middle East failed to sink Bitcoin (BTC) below the $63,000 level. That may have attracted buyers who are attempting to maintain the price above $69,000. However, a quick recovery is unlikely. Macroeconomic newsletter Ecoinometrics said in a post on X that deep drawdowns generally unfold slowly, advising โ€œpatience rather than urgency.โ€ย  Data shared by Bitwise Europe head of research Andrรฉ Dragosch shows that when investors buy and hold BTC for at least three years, the probability of loss drops to 0.70%. Although BTC is down roughly 50%…

Bitcoin Re-tests $70K as Loss Flows Drop to 2-Week Low

boss

Bitcoin (BTC) rallied to $70,000 on Monday as the shadow of war looms over the entire Middle East. Data from Glassnode shows short-term holder loss transfers to exchanges falling to a two-week low over the past 24 hours, and the slowing exchange flows stand in contrast to the rate of selling seen in early February. Bitcoin short-term sellers step back The short-term holder (STH) profit/loss (P&L) to exchanges metric tracks how much Bitcoin recent buyers send to exchanges at a profit or loss. These participants tend to amplify volatility during…

Why Bitcoin price rally risks a bull trap as Fibonacci holds

boss

Bitcoin price impulsive rally is approaching a dense resistance cluster, raising concerns that the move could evolve into a bull trap. Summary Price testing channel high and Fibonacci resistance Declining volume signals weakening bullish momentum Rejection risks rotation toward $60,000 channel support Bitcoin (BTC) price has staged a sharp recovery from recent lows near $60,000, pushing price back toward the upper boundary of its broader trading channel. While the rally has improved short-term sentiment, the technical landscape suggests caution. Multiple layers of resistance now converge above price, creating conditions where…

Trying to keep my Bitcoin Mining Farm alive

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io On the surface Bitcoin mining looks like easy passive income, and some altcoin crypto mining rigs were or looked like huge cashcows easy money but running BTC miners long-term and medium scale the work adds up, and the market is crushing me, but I am working all day today, to try and keep my ASIC mining farm alive. Still want to mine? Buy this starter miner – Discounted Mining Disrupt tickets in Miami Florida! Buy full size miners from ASIC Marketplace here…

Bitcoin Shrugs Off Iran as Wall Street Return Sparks $70,000 Run

boss

Bitcoin (BTC) surged toward $70,000 after Mondayโ€™s Wall Street open as crypto markets diverged from US stocks. Key points: Bitcoin reacts to positive US manufacturing data as bulls manage to sideline geopolitical tensions. BTC price action leaves stocks wrestling with macro uncertainty to retarget $70,000. Traders stay highly skeptical that the market will begin a true recovery. BTC price suddenly eyes $70,000 despite Iran events Data from TradingView confirmed daily BTC price gains passing 5% as the US trading session began. BTC/USD one-hour chart. Source: Cointelegraph/TradingView The fallout from the…

Bitcoin price holds steady as short-term holders stay calm

boss

Bitcoin price holds near $68,000 as short-term holders show restraint despite US-Iran war tensions. Summary Bitcoin price is trading near the top of its weekly range between $62,900 and $69,300. Short-term holder exchange inflows remain muted despite geopolitical escalation. A daily close above $70,000 could shift short-term momentum. Bitcoin (BTC) trades at $68,308 at press time, up 1.3% over the past 24 hours. The asset is positioned near the top of its seven-day range between $62,905 and $69,340, recovering from a sharp dip earlier in the week. The larger trend,…

THIS NEWS CAN DUMP THE CRYPTO MARKET!๐Ÿšจ (BE READY!)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io CRYPTO MARKET UPDATE ๐Ÿš€ Join the Premium Signal Group for trade setups, mentorship & a community focused on real profitability! Patreon: Discord (Signals Entry Channel): Telegram (Group Bio): Website: โœ๏ธRegister on Blofin now for the Lowest Fees & Cash Bonuses๐Ÿ‘‡ ๐ŸšจSignal Group Reviews ๐Ÿ‘‡ โœ๏ธ Social links! www.cilinix.com cilinixfxcapital@gmail.com @CilinixCrypto Disclaimer: This video is not financial advice and it is not intended to be. This video is for informational and educational purposes only and does not provide advice in any type of…

Strategy Adds 3,015 Bitcoin as Holdings Top 720,737 BTC

boss

Michael Saylorโ€™s Strategy, the worldโ€™s largest public holder of Bitcoin, completed its 101st Bitcoin purchase, pushing its total holdings above 720,000 BTC. The company acquired 3,015 Bitcoin (BTC) for $204.1 million last week, according to a US Securities and Exchange Commission filing on Monday. Source: SEC The average buy price of its latest purchase was $67,700 per BTC, marking another purchase well below the companyโ€™s average acquisition price of $75,985. The purchase brings its holdings to 720,737 BTC, acquired for a total cost of about $54.8 billion, the company disclosed.…

Bitcoin Sentiment On Wall Street Turned Negative: Galaxyโ€™s Thorn

boss

Wall Streetโ€™s attitude toward Bitcoin has flipped from euphoric to deeply skeptical after last yearโ€™s crowded long trade unraveled, according to Galaxy Digital head of research Alex Thorn. In an interview on What Bitcoin Did, Thorn said the shift has less to do with conspiracy theories or a single bearish catalyst than with exhausted demand, heavy long-term holder selling, and a market now struggling to find a fresh narrative. Thorn pushed back on claims that firms such as Jane Street are to blame for Bitcoinโ€™s weakness, calling that line of…

Strategy Extends Corporate Bitcoin Dominance, Pushing Holdings to 720,737 BTC

boss

Strategy Inc. expanded its bitcoin treasury with a fresh $204 million purchase, lifting total holdings to 720,737 BTC and reinforcing its position as the largest corporate bitcoin holder as accumulation continues despite market volatility. Strategy Buys 3,015 BTC for $204M, Lifting Holdings to 720,737 Bitcoin Strategy Inc. (Nasdaq: MSTR) announced another major bitcoin purchase on […] Original