Bitcoin Bull Run Under Attack: Expert Says Wall Street Is To Blame
In a new episode of Coin Stories with host Nathalie Brunell, investor and podcaster Preston Pysh offered a structurally grounded answer to a question many Bitcoin holders have been asking all summer: if corporate treasuries keep announcing big buys, why does price keep chopping and fading? Pysh’s diagnosis is not about a sudden loss of…
Bitcoin 30-Day Active Supply Signals Slow Activity—Could BTC Be Preparing For A Big Move?
The Bitcoin price has struggled to retain any serious momentum over the past few weeks despite running to a new all-time high in that period. Over the past week, the flagship cryptocurrency fell below the $112,000 mark before experiencing some resurgence on the back of the US Federal Reserve (Fed) chairman Jerome Powell’s speech. However,…
BlackRock Triggers Bitcoin Sell-Offs With Half A Billion Dollars Dumped
The world’s largest asset manager, BlackRock, has notably been on a Bitcoin selling spree throughout this week, triggering a wave of sell-offs in the process. These sales have occurred due to the outflows that the asset manager has witnessed from its BTC ETF. BlackRock Dumps Around $500 Million In Bitcoin Arkham data shows that BlackRock…
Bitcoin Price In A Trend Shift? Here’s Why $118K Might Be Vital For A Bullish Return
The price of Bitcoin has struggled to make any real headway since reaching the former all-time high around $123,800 in mid-July. While the premier cryptocurrency set a new record-high price at around $124,120, it never really looked certain to go on a fresh bullish run. Over the past week, the market leader succumbed to severe…
Bitcoin, Ethereum, XRP, BNB On The Rise Following Powell’s Fed Speech
The cryptocurrency market experienced a significant surge on Friday, with Ethereum (ETH) and Bitcoin (BTC) leading the charge and reviving the upward momentum seen in the previous week that had propelled it to new all-time highs. Among the notable developments, the market’s leading altcoin skyrocketed above the $4,700 mark while recording double-digit gains and edging closer…
Why August Could Be Remembered As A Major Trap For Bitcoin And Crypto Market
Bitcoin (BTC) recently surged to a new all-time high, surpassing $124,000, only to experience a subsequent drop of 9%. This volatility has sparked widespread speculation about the current state of the bull market, the potential for an ongoing “alt season,” and whether Bitcoin has reached its peak. In light of the current price action, market…
Is The Bitcoin Treasury Bubble Popping? Expert Answers
In a thread on August 19, analyst Miles Deutscher argued that MicroStrategy’s market-implied net asset value (mNAV) premium—the core gear in Michael Saylor’s Bitcoin acquisition flywheel—has compressed sharply, weakening the feedback loop that helped the company outpace Bitcoin through most of the cycle. “Michael Saylor built the craziest BTC flywheel in history. But his buying…
Bitcoin Price Holds Steady Around $118,000 — Here Are The Next Crucial Levels
The Bitcoin price has been on an interesting trajectory over the past few weeks, setting new all-time highs along the way. More recently, the premier cryptocurrency surged to a new all-time high above the $124,100 mark. The Bitcoin price has since succumbed to significant bearish pressure, hovering around the $118,000 region for most of the…
Bitcoin Price To Face Selling Pressure Over Next 1-2 Weeks — Here’s Why
The Bitcoin price appeared to have resumed its bull run as it ran up to a new all-time high on Thursday, August 14. However, this positive momentum was short-lived, as the premier cryptocurrency crashed from the unprecedented high of $124,000 down to around $118,000. The Bitcoin price has struggled to reignite this bullish run over…
Bitcoin Makes A Modest Pullback As Market Eyes Post Trump-Putin Meeting Reaction
According to CRYPTOWZRD’s recent bearish note, but the broader outlook may soon shift. He noted that the Trump–Putin meeting delivered a productive outcome, which could fuel a positive reaction in the market if conditions remain steady. Daily Candle Shows Slight Bearish Bias, Yet Indecisive In his update, CRYPTOWZRD noted that Bitcoin’s daily candle closed slightly…