Cointelegraph·
BEAT has reached its most overbought readings on record, raising the odds of a 35% price decline in the coming days.
Read full articleFederal prosecutors have charged two alleged operators of a cryptocurrency laundering service that processed more than $389 million in transactions and received over 10,000 Bitcoin since launching in 2021. According to the U.S. Attorney’s Office for the Eastern District of…
The Pentagon's actions highlight escalating geopolitical tensions, impacting global oil markets and raising regulatory challenges in crypto finance. The post Pentagon considers risky operation to capture Iran’s Kharg Island as Bitcoin holds steady at $71K appeared first on Crypto Briefing.
Crypto analyst Benjamin Cowen thinks Bitcoin (BTC) is nearing the end of the bear market. In a new YouTube update, Cowen says that Bitcoin is likely in the third and final stage of a downtrend when BTC starts to form a market bottom based on historical precedence. “My argument now is that we are, in […] The post Analyst Benjamin Cowen Says Bitcoin Now in the Final Stage of the Bear Market – Here’s His Timeline appeared first on The Daily Hodl.
Crypto analyst Crypto Rover has pointed to a trendline that Bitcoin has never broken below in every market cycle. The leading crypto has now touched this trendline, providing optimism that it could bounce from that level as it did in previous bear cycles. Bitcoin Touches Trendline That Has Led To Parabolic Rallies In an X post, Crypto Rover revealed that Bitcoin has again touched the trendline it has never broken below in 9 years. Instead, BTC has seen parabolic rallies whenever it touches this trendline. In 2017, it rallied 1,300% after touching this trendline; in 2018, it rallied 1,900% after touching it; and in 2020, it rallied another 1,900% after touching it. Bitcoin saw another parabolic rally of 700% after touching this trendline in 2022. Related Reading: The Verdict Is In For Bitcoin: Majority Of Investors Say BTC Price Is Headed Lower, Here Are The Numbers Now, Bitcoin has once again touched this trendline, offering optimism that it could bounce from this region as it did in
Bitcoin mostly preserved a recent rebound despite the highest US PPI inflation since October 2022 and Iran closing the Strait of Hormuz oil route.
The SpaceX IPO could trigger significant market shifts, influencing capital allocation and potentially boosting institutional interest in Bitcoin. The post US stocks rise as investors prepare for SpaceX’s record-shattering $75 billion IPO appeared first on Crypto Briefing.
ETH's next major bullish phase could begin only after the crypto revisits historically important accumulation levels.
Strive's aggressive Bitcoin accumulation strategy boosts investor confidence but heightens exposure to market volatility and potential risks. The post Strive grows Bitcoin holdings 30% in one month, outpacing Strategy’s accumulation pace appeared first on Crypto Briefing.
