The 31,900 Bitcoin Purge: Why March 4 Marked An Institutional Bitcoin Floor
Bitcoin is testing the $70,000 level after briefly surging toward $74,000, as the market attempts to stabilize following a volatile period marked by geopolitical uncertainty and rapid price swings. While the recent rally helped restore short-term momentum, analysts are closely monitoring on-chain data to determine whether the move reflects a broader shift in market structure…
Bitcoin Bounce Fails As Short-Term Holders Rush To Take Profit
Bitcoin’s latest rebound to $74,050 on Thursday is running into immediate selling pressure as short-term holders move coins to exchanges in large volumes, suggesting the market’s most reactive cohort remains unconvinced by the recovery. On-chain data shared by CryptoQuant contributors indicates that traders who bought Bitcoin only weeks ago are now locking in gains rather…
Bitcoin Prints A 2022-Like Iran War Chart, But It’s Not
Renowned macro analyst Alex Krüger is pushing back on a comparison that has taken hold across desks since strikes involving Iran began: that markets are replaying the 2022 Russia-Ukraine shock, with crypto and Bitcoin in particular tracing an uncomfortably familiar pattern. Yes, the setups rhyme, Krüger wrote in a March 4 Substack note. But he…
Bitcoin Price Rally Slows, Consolidation Signals Possible Next Move
Bitcoin price started a steady increase above $70,500 and $72,500. BTC is now consolidating and might aim for a fresh increase above $72,500. Bitcoin started a fresh increase after it settled above the $70,000 zone. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish trend line forming…
The $73,000 Test: Crowded Shorts And Negative Funding Fueled Bitcoin’s 15% Recovery
Bitcoin is regaining strength after pushing back above the $70,000 level, a move that has helped restore a degree of bullish sentiment following weeks of heightened volatility. The recovery comes after a turbulent period for global markets, during which geopolitical developments and macro uncertainty triggered sharp swings in price action across risk assets. According to…
XRP Faces High Risk Of Breakdown Below $1.30, Expert Flags Bitcoin As Main Threat
XRP has climbed back above the $1.40 mark this week, a level that previously acted as resistance, but analysts warn that the rally does not eliminate the risk of a deeper pullback. The cryptocurrency’s most critical support zone at $1.30 remains under pressure, and broader market forces—particularly Bitcoin’s (BTC) price action—could determine what happens next.…
Bitcoin Price Surges Back Above $71,000: Key Reasons Explained
Bitcoin climbed back above $71,000 on Wednesday, reaching its highest level since February 8, even as broader geopolitical risk remained elevated. The move appears to have been triggered by a sudden shift in macro sentiment around Iran, but market structure inside crypto had already left BTC primed for a sharp reversal. Why Is The Bitcoin…
The $11,000 Deficit: Why the Record $8.9B Bitcoin ETF Drawdown Is Paralyzing Wall Street’s BTC Appetite
Bitcoin is showing tentative signs of relief after reclaiming the $70,000 level. A move that haskeepingsed selling pressure following weeks of volatile trading. The recovery comes as markets continue to react to macro uncertainty and geopolitical tensions. Which have kept liquidity fragile and investor sentiment cautious. While the push above $70K offers a short-term improvement…
Bitcoin Price Jumps 8%, Breakout Hopes Reignite Across Crypto Markets
Bitcoin price started a steady increase above $70,000 and $72,000. BTC is now consolidating and might aim for more gains above $72,800. Bitcoin started a fresh increase after it settled above the $68,800 support. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish trend line forming with…
From Contraband to Cash Flow? Paraguay To Mine Bitcoin With 30,000 Seized Rigs
Paraguay’s state‑owned electricity monopoly, Administración Nacional de Electricidad (ANDE), has signed a Memorandum of Understanding (MoU) with infrastructure firm Morphware to launch a government‑run Bitcoin mining program powered by thousands of confiscated mining machines and surplus hydroelectric power. What Does This Entail? In a first‑of‑its‑kind move, Paraguay state power company is about to become a…