Top 100 Bitcoin Treasuries Now Hold 1.26M BTC

A cryptocurrency analyst has highlighted how the $0.90 XRP level aligns with the support level of a long-term pattern in the asset’s monthly price. XRP Has Potentially Been Following A Long-Term Ascending Triangle In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) channel forming in the 1-month price of XRP. The pattern in question involves two trendlines: a flat upper level and an upward-facing lower level. A channel involving converging trendlines like this is popularly known as a triangle. In the case of this particular triangle, the setup resembles that of a specific type: the Ascending Triangle. The fact that the lower level has a positive slope means that as the price trades inside an Ascending Triangle, its range shrinks to a net upside. This is the reason behind the pattern having “ascending” in its name. Related Reading: Newbie Bitcoin Whales Took $1.77 Billion In Loss During Price Crash: Data Like with other consolidation patterns in TA, the upper l

Bitcoin (BTC) has climbed back above the $63,000 level after falling to its lowest point since 2024 last week. Even so, two AI models analyzed by CCN suggest that the path ahead for BTC is likely to remain uneven, with multiple outcomes depending on how macroeconomic signals and market positioning develop. Bitcoin Outlook Under ChatGPT […]

Peter Schiff’s bitcoin poll reignited debate after most respondents indicated that even a collapse to $0 would not prove his bearish case correct, while others pointed to thresholds between $20,000 and $1,000. Schiff also warned that technical weakness could drive BTC toward $25,000 to $27,000, raising scrutiny of Strategy Inc.’s exposure. Bitcoiners Reject Peter Schiff’s […]

Bitcoin price started a recovery wave above the $62,500 zone. BTC is consolidating and might aim for more gains if it clears the $64,000 resistance zone. Bitcoin started a recovery wave and climbed above $62,000. The price is trading above $62,200 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $62,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $64,000 zone. Bitcoin Price Recovery Faces Resistance Bitcoin price remained supported above the $60,500 zone. BTC formed a base and settled above $61,500 to start a recovery wave. There was a move above the $62,200 and $62,500 levels. The price even surpassed the 23.6% Fib retracement level of the downward move from the $74,100 swing high to the $59,106 low. However, the bears seem to be active near $64,000. The price is again moving lower below the $63,200 level. Bitcoin is now trading above $62,500 and the 100 hou

Bitcoin treasury firm Strategy has already more than made up for last week’s 32 BTC sale as it has announced a new major acquisition. Strategy Has Just Added To Both Bitcoin And USD Reserves In a new post on X, Strategy co-founder and chairman Michael Saylor has shared details related to the latest Bitcoin acquisition […]

Jiang Zhuoer, CEO of BTCTOP and one of China’s best-known Bitcoin mining figures, pushed back against fears that Strategy could become a major forced seller of BTC, arguing that the company’s balance-sheet risk remains manageable even under a severe Bitcoin drawdown. In a post on X, Jiang said he does not believe MicroStrategy, now Strategy, will “substantially net sell BTC,” pointing to a group discussion he shared on the company’s liabilities, STRC interest payments, funding structure and market concerns. The comments come as investors debate whether Strategy’s Bitcoin-backed capital markets model could come under pressure if BTC weakens further or if demand for STRC remains fragile. Bitcoin Panic Over Strategy Overblown? At the center of Jiang’s argument is the distinction between selling some Bitcoin and becoming a net seller of Bitcoin. He argued that a limited sale of older, low-cost BTC could be used to demonstrate realized investment gains, support STRC-related payments and rea

Monday’s Bitcoin (BTC) rebound—pushing back above the $63,00 area—has revived a major question: was last Friday’s drop to $59,000 the bottom for BTC?  Seeking to answer that, market analyst Ali Martinez released a new technical note on X (formerly Twitter), arguing that Bitcoin appears poised to reach a market bottom while a “major macro accumulation cycle” begins to form. Why The Sell-off Could Signal A Bottom In Martinez’s view, BTC’s decline to its lowest level since 2024 served as an important cleansing function for the market—effectively shaking out “overleveraged premiums” across the board.  That type of flush, Martinez argues, is often what makes bottoms possible: it removes leverage stress and forces late and speculative positions to unwind. Related Reading: Bitcoin Recovery Needs This To Happen, Glassnode Analyst Reveals A central part of his explanation is the role of long-term holders. Martinez claims that long-term investors distributed more than $3.25 billion worth of spot

Real Vision Chief Crypto Analyst Jamie Coutts says Bitcoin is moving into a more attractive long-term setup, but a major US Treasury refinancing wall may still stand between the market and a durable bullish reversal. In a post on X, Coutts said Bitcoin’s long-term technical backdrop is beginning to resemble the kind of structure that […]