Bitcoinist·
Bitcoin is steadily pushing towards $60,000 and is trading close to its February 6 wick bottom. The crypto market sentiment is now back in extreme fear, and there have been multiple questions on when Bitcoin will eventually register a correction bottom. Crypto pundit Ardi believes the answer may be found less in the current candle […]
Read full articleBitcoin has reached Peter Brandt’s February downside target, but the veteran trader says BTC could still move lower before forming a tradable bottom. In an earlier outlook, he projected a potential $300,000 to $500,000 bitcoin peak in 2029. Peter Brandt Says Bitcoin May Not Find a Tradable Low Until October Bitcoin’s latest drop has returned […]
Bitcoin (BTC) has crashed below $70,000, underperforming the already weak crypto market as selling pressure tests price action. Market analyst Crypto Patel noted that he had anticipated this significant drop, citing BTC’s fragile price structure and persistent bearish factors in recent weeks. Now, the expert is sharing new insights on the latest price decline, forecasting how far the ongoing correction might go and what could come next for the leading cryptocurrency. Analyst Predicts More Declines Ahead For Bitcoin Crypto market analyst Crypto Patel on X is predicting further declines for Bitcoin, identifying $50,000 as a potential bottom for this cycle. In what he called a “Bitcoin Profit Update,” Patel highlighted that he had accurately forecasted the recent 19% crash in Bitcoin in his earlier posts. Related Reading: Here’s Why The Bitcoin Price Is Crashing And What To Expect Next Previously, the analyst had warned that Bitcoin’s previous $80,000 level represented strong resistance,
MicroStrategy's preferred stock strategy raises investor concerns over mounting cash obligations and market stability. The post Jeff Dorman: MicroStrategy’s flawed balance sheet management threatens Bitcoin holders, $2 billion raised to address dividend fears, and the impact of preferred stock on market sentiment | Unchained appeared first on Crypto Briefing.
On-chain data shows the Bitcoin long-term holders are now holding more underwater supply than even the lowest point of the 2022 bear market. Bitcoin Long-Term Holders In Deepest Pain Since COVID Crash As highlighted by Glassnode lead research analyst CryptoVizArt in an X post, the Bitcoin long-term holders have seen a spike in loss supply […]
Bitcoin developer Peter Todd has pushed back against calls to bring Zcash-style privacy into Bitcoin’s consensus layer, arguing that the cryptographic risk profile is too high for the network’s base protocol. The debate erupted after ZODL developers disclosed an issue affecting the Orchard shielded pool, briefly turning a technical incident into a broader argument over […]
XRP has entered a pivotal stage as the wave structure traders have been tracking for months finally begins to take shape. With volatility increasing and crucial price levels approaching, the next few moves could provide valuable clues about whether XRP is nearing a bottom or preparing for another leg lower before a sustained recovery can begin. Breaking Key Support As Long-Awaited Setup Unfolds According to CasiTrades, the crypto market is finally showing the selling pressure that many analysts have been anticipating for months. As a result, XRP has begun breaking below a key support level, signaling that the correction may be entering a more decisive phase. Related Reading: The Rapid XRP Growth Trajectory That Investors Should Be Aware Of The analyst explained that the development of smaller subwaves has been closely monitored to determine whether the market’s ultimate downside target would be around $1.10 or the $0.87 support zone. Based on the current structure, CasiTrades believes
A first-of-its-kind bitcoin-backed mortgage has entered the U.S. housing market. Coinbase and Better funded the first Fannie Mae-backed mortgage using bitcoin collateral, creating a new option for homebuyers with wealth held in digital assets. Bitcoin Collateral Moves From Crypto Portfolios Into Home Lending The first Fannie Mae-backed bitcoin mortgage has been funded, clearing the way […]
SpaceX's IPO could reshape market dynamics, spotlighting governance risks and reigniting corporate interest in Bitcoin as a strategic asset. The post SpaceX seeks $75B from investors ahead of blockbuster IPO appeared first on Crypto Briefing.
