Bitcoin jumped back above key levels on Wednesday, with prices climbing past $93,000 after dipping to $84,400 earlier this month. Related Reading The move followed a sharp sell-off that removed about $8,000 from the price late over the weekend, and traders pushed the coin to a 24-hour peak of $93,910 on Coingecko. Bitcoin Climbs Above Key Levels According to MN Fund founder Michaël van de Poppe, regaining ground above $93,000 is important for momentum. He said that if the price holds and breaks higher, a run toward $100,000 becomes more…
Tag: Bitcoins
Bitcoin’s monthly MACD turns bearish as macro pressure mounts
Bitcoin’s monthly MACD turns bearish as BOJ tightening risks, strong dollar and ETF outflows hit liquidity, triggering liquidations and raising odds of a deeper crypto downturn. Summary Bitcoin’s monthly MACD histogram printed a fresh negative bar, repeating patterns that previously preceded extended market downturns since 2012. A macro shock from rising Japanese yields, strong dollar and higher funding costs triggered a thin‑liquidity sell-off and heavy leveraged liquidations. Ethereum shows a death cross and weakening structure, reinforcing the case for broader crypto weakness if Bitcoin loses its key trendline supports. Bitcoin’s…
Veteran Analyst Insists Bitcoin’s Historical Cycle Drawdowns Still Call the Shots
Veteran trader Peter Brandt dropped an image on Monday breaking down bitcoin’s five major bull runs, pointing out that every single one kicked off only after the market absorbed 75%-plus drawdowns. Brandt stressed there are “no exceptions,” and if someone thinks they’ve found one, a trader “better have a great reason to bet against this […] Original
Is Bitcoin’s Price Being Manipulated?
The cryptocurrency tumbled 7% in less than 24 hours. Explanations for the drop remain murky, leading many to speculate that something fishy is going on. Unseen Hands: Are Whales Secretly Controlling Bitcoin’s Value? Six large exchanges showed outflows of nearly 40,000 BTC on the same day, according to a popular crypto trader who goes by […] Original
Silver Breakout Continues, Becomes Bitcoin’s ‘Mirror Image’ in Relentless Hike
Silver, the commodity metal that has awakened from a five‑decade slumber, has breached $58 for the first time and is once again making headlines. Analysts say the rally may have room to continue, as demand is poised to grow while supply remains constrained. Silver Reaches Another Milestone as Gigantic Cup-and-Handle Breakout Continues Silver, an often […] Original
Prediction Markets Polymarket and Kalshi Assign Mixed Odds for Bitcoin’s Path Above $100K in 2025
As of Sunday, Nov. 30, 2025, bitcoin is priced at $91,482, and odds from prediction platforms Polymarket and Kalshi show traders expecting potential gains but keeping their expectations firmly tethered to earth. As 2025 Nears the End, Prediction Market Odds Get Firmer Bitcoin is trading at $91,482 on Sunday, Nov. 30, 2025, and prediction markets […] Original
Bitcoin’s November Slump Could Trigger A 2026 Revival: Analysts
Bitcoin dropped sharply this month and is set to post one of its worst Novembers in years, leaving traders and fund managers weighing whether to buy or hold fire. Related Reading Based on reports, the token is down about 18% for November and was trading below $91,000 as markets quieted heading into the weekend. Market Cleansing Opens The Door For Buyers According to CoinGlass, this decline approaches the scale of losses seen in November 2019, when Bitcoin fell roughly 17%, and is far from the harsh 35% crash of November…
Nic Carter Raises Concerns on Bitcoin’s Quantum Vulnerability: Q-Day to Arrive by 2035
A new article by Nic Carter, partner at Castle Island Ventures, raises alarms about the vulnerability of bitcoin before the emergence of a cryptographically relevant quantum computer (CRQC). Carter believes that such an event will happen circa 2035, sooner than expected. Nic Carter Awakens Quantum Concerns: Q-Day To Arrive In 2025 The Facts Nic Carter, […] Original
13 Years Since Bitcoin’s First Halving: Mining In 2025
Thirteen years ago today, Bitcoin experienced its first halving event, reducing the miner block reward from the original 50 BTC to 25 BTC. Now, with Bitcoin (BTC) having completed four halving events and block rewards standing at just 3.125 BTC, the mining industry is continuing to transform, with industrial miners consolidating and diversifying into AI. At the same time, a niche trend of solo mining is emerging, according to Bitfinex analysts who spoke to Cointelegraph. “Despite the new spike in more industrial Bitcoin mining, we would like to underscore the…
Economist Paul Krugman Links Bitcoin’s Decline to Trump’s Waning Political Power
U.S. economist Paul Krugman says bitcoin’s recent decline reflects U.S. President Donald Trump’s diminishing political influence. Bitcoin’s Tie to Pro-Crypto Politics U.S. economist and Nobel laureate Paul Krugman has intensified his criticism of bitcoin ( BTC), claiming that the cryptocurrency’s recent price action, including its tumble to $80,500 on Nov 21, has turned it into […] Original