Tag: Bullish

Bitcoin price confirms bullish divergence as liquidations spike, eyes $71k resistance

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Bitcoin price has confirmed a bullish divergence on the daily chart as liquidation levels shot up on Monday. Summary Bitcoin’s Relative Strength Index has formed a bullish divergence. Several key economic data points, including FOMC minutes from January, could decide Bitcoin’s trajectory this week. Over $75 million of positions were liquidated from Bitcoin’s futures market. The daily chart for Bitcoin shows that its Relative Strength Index has formed a bullish divergence with its price, which has been in a prolonged downtrend since mid-January. Bitcoin’s daily RSI has formed a bullish…

Litecoin Closes Bullish — $57 Break Could Ignite Next Leg Up

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Litecoin has closed the daily session on a bullish note, signaling renewed short-term momentum as price presses against a key resistance level. With $57 now acting as the immediate barrier, a decisive breakout and sustained hold above this zone could open the door for the next leg higher, potentially accelerating upside toward the mid-$60s. Bullish Daily Close Signals Early Strength Providing a daily technical outlook on Litecoin, crypto analyst CryptoWzrd noted that LTC closed the session with a bullish daily candle, largely mirroring Bitcoin’s upward movement. The positive close signals…

The 7 Most Bullish Takeaways

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Ripple used XRP Community Day to tighten its message: XRP is not an accessory to the business, it’s the organizing principle and the company is positioning its product stack, regulatory posture, and institutional roadmap around that premise. XRP Community Day Highlights CEO Brad Garlinghouse went straight for the ceiling. “There will be a trillion dollar crypto company, I don’t doubt that for a second,” he said. “I think Ripple has the opportunity to be that company, and maybe there’ll be more than one.” The framing matters because it’s not a…

ARK Sells $22M in Coinbase Shares, Buys Bullish Across ETFs

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Cathie Wood’s ARK Invest continued reducing its exposure to crypto exchange Coinbase on Friday, unloading $22 million worth of shares across multiple exchange-traded funds (ETFs) while adding to its position in digital asset platform Bullish. According to ARK’s trade disclosures, the firm sold 92,737 Coinbase Global shares from the ARK Innovation ETF (ARKK), 32,790 shares from the Next Generation Internet ETF (ARKW) and 8,945 shares from the Fintech Innovation ETF (ARKF). The combined transactions totaled 134,472 shares, worth around $22.1 million. The sale came as ARK Invest, led by Cathie…

Crypto Industry Heading For ‘Massive Consolidation,’ Says Bullish CEO

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The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the months ahead, says Bullish CEO Tom Farley. “I was in the exchange sector during continual massive consolidation…the same thing is going to happen starting right now in crypto,” Farley said during an interview on CNBC on Friday. Farley, who served as president of the New York Stock Exchange (NYSE) until 2018, said the recent drop in the crypto market will be a key catalyst, with…

ARK Invest Sells Coinbase And Buys Bullish Shares

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ARK Invest, the asset manager led by prominent Bitcoin bull Cathie Wood, has shifted from buying to selling Coinbase stock, as the shares dipped 13% and hit multi-month lows. On Thursday, ARK offloaded 119,236 Coinbase (COIN) shares, valued at roughly $17.4 million, according to a trade filing seen by Cointelegraph. The sale comes just a day after a modest 3,510-share ($630,000) purchase on Tuesday, following a series of buys at higher prices earlier in 2026. This marks ARK’s first Coinbase sale of 2026 and its first since August 2025, signaling…

XRP Social Sentiment Still Bullish While Bitcoin Mood Sours

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Data shows social media users are still optimistic about XRP even as sentiment around Bitcoin and Ethereum has declined alongside the market downturn. XRP Positive/Negative Sentiment Is Still At A Notable Level In a new post on X, analytics firm Santiment has talked about how social media sentiment has compared across Bitcoin, Ethereum, and XRP during the latest market decline. The indicator of relevance here is the “Positive/Negative Sentiment,” which tells us about how positive comments related to a given asset stack up against the negative ones on the major…

Bullish Logs $564M Q4 Loss as Bitcoin Options Volume Breaks $9B

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This week, the crypto asset exchange Bullish reported a steep fourth-quarter net loss even as adjusted revenue, EBITDA, and activity in its bitcoin options market climbed sharply, pointing to a widening gap between headline results and underlying operating momentum. Bullish Earnings Reveal Options Growth Outpacing Accounting Pain On Thursday, Bullish said net income for the […] Original

ISM Manufacturing PMI Rise is Bullish For Bitcoin

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A metric tracking the health of the US economy has just posted its highest monthly score since August 2022, and crypto analysts say it could signal a turnaround for Bitcoin, which is trading at $78,000. The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI), a measure of manufacturing activity in the US, recorded a score of 52.6 in January, beating the market consensus of about 48.5 and ending 26 consecutive months of economic contraction, ISM stated in a report on Monday. The index score is a closely watched…

Crypto ‘Extreme Fear’ Sentiment Is A Bullish Signal, Says Santiment

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Crypto market sentiment reaching a year-low could be one of the few signs of a potential rebound, according to crypto analytics platform Santiment. “This sentiment data is currently one of the few strong bullish signals available,” Santiment said in a report on Friday. “A silver lining is the extreme negativity on social media. The ratio of bearish to bullish comments is heavily skewed toward fear,” Santiment said. The Crypto Fear & Greed Index, which measures overall crypto market sentiment, posted an “Extreme Fear” score of 20 on Saturday, indicating that…