Bitcoin price is facing renewed pressure after on-chain data flagged by Lookonchain revealed that a major whale has moved roughly 10,000 BTC to Binance over the past two days, raising concerns of potential selling activity. Summary Lookonchain flagged a Bitcoin whale moving nearly 10,000 BTC to Binance over two days, raising concerns of potential sell pressure. Bitcoin is trading around $66,900, well below its 50-day SMA near $85,000, confirming a strong short-term downtrend. Key support sits at $65,000 and $60,000, while resistance stands at $72,000 and $78,000โ$80,000, with indicators still…
Tag: btc
Strategic Bitcoin Reserve Bill Allowing Brazil to Acquire up to 1 Million BTC Reintroduced in Congress
A bill proposing the acquisition of up to 1 million BTC has been introduced to the Brazilian Congress, significantly expanding a previous national strategic bitcoin reserve. The draft, which will need to be greenlit, would put Brazil among the countries holding the most bitcoin. New 1 Million BTC Strategic Bitcoin Reserve Bill Presented in Brazilian […] Original
BITCOIN: Something Big Is Coming! (get ready) – BTC Price Prediction Today
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Bitcoin price outlook as $2.5B BTC options expire today
Bitcoin price trades near $68,000 as $2.5 billion in BTC options expire today, placing $74,000 max pain at the center of market focus. Summary Bitcoin has been on a downtrend in February, falling nearly 50% from its all-time high. $2.5B in BTC options expire today with a put/call ratio of 0.72 and max pain at $74,000. RSI sits near 29 as volume and open interest decline across derivatives markets. Bitcoin was trading at $68,280 at press time, down 1.1% over the last 24 hours. The asset has moved within a…
How Close Is BTC To A Real Buy Zone?
Bitcoin is once again facing notable selling pressure. The market confronts a challenging phase marked by weakening momentum and cautious investor positioning. Recent price action suggests that bullish conviction has softened. Traders are increasingly attentive to liquidity conditions, macro uncertainty, and shifting market sentiment. While volatility is not unusual at this stage of the cycle, the current environment reflects a market searching for direction rather than sustaining a clear upward trend. Related Reading A recent CryptoQuant report provides additional context through Bitcoinโs Combined Market Index (BCMI), a composite metric that…
How Much Does It COST To Solo Mine a Bitcoin?
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io How Much Does It COST To Solo Mine a Bitcoin? Solo mining BTC odds are difficult but Bitcoin difficulty just got a lot easier. If you’ve got enough solo luck to mine the next BTC block you’ll earn over 3.125 Bitcoins worth over a quarter million dollars?! Start solo mining with the best starter BTC miner here – Check your odds to solo mine a BTC block on SoloLuck! Buy the Canaan Avalon Q here – Buy the cool touch screen miner…
Hereโs Why Bitcoin Analysts Say BTC Market Will Bottom in Q4 2026.
Bitcoin (BTC) sellers resumed their activity on Thursday as theย Bitcoin price turned away from its intraday high of $68,300. Analysts said that Bitcoin remained in capitulation, which could push the price lower, potentially reaching a bottom during the last quarter of 2026. Key takeaways: Multiple onchain indicators suggest Bitcoin is in deep capitulation as downside risks remain. Long-term holder net-position change shows extreme distribution, mirroring past corrections that preceded further downside before bottoms. Analysts forecast BTC price to hit a bottom in Q4/2026 based on various technical and onchain metrics.…
$80k IS NEXT. We ARE NOT finished. (Bitcoin ELITE Wave Analysis)
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Bitcoin Is Doing EXACTLY What It Does Before Huge Moves ๐ฅ
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io If youโve been waiting for a real Bitcoin opportunity, this may be it ๐จ๐โก๏ธ๐. After calling the move to $60,000 months in advance, Bitcoin hit that level and is now rebounding fast. But this isnโt about hype or guessing tops and bottoms. Itโs about understanding why price actually moves. In this video, I break down the powerful shallowing base pattern, how supply and demand quietly reset markets, and why consolidation often comes right before explosive breakouts in Bitcoin, gold, and silver. ๐ง โ๏ธ…
Bitcoin Miner Outflows Surge in January BTC, But Filings Show Steady Market
Bitcoin miner outflows jumped to 28,605 BTC, worth about $1.8 billion, on Feb. 5, one of the largest single-day transfers since November 2024, as prices swung sharply during a volatile trading session. Another 20,169 Bitcoin (BTC), worth about $1.4 billion, left miner-linked wallets on Feb. 6, according to data from CryptoQuant. The last comparable spike occurred on Nov. 12, 2024, when outflows reached 30,187 BTC. The spike coincided with sharp price swings, with BTC trading at about $62,809 on Feb. 5 before rebounding to $70,544 a day later. Large miner…