Tag Archives: Bitcoin News

Bitcoin May Sink To $50K Before Rallying, Standard Chartered’s Kendrick Warns

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Standard Chartered’s Geoffrey Kendrick says Bitcoin could still face a final washout to $50,000 before recovering sharply, arguing that the current drawdown looks more like a macro-led tech capitulation than a crypto-specific breakdown. Speaking on Deribit’s Crypto Options Unplugged, Kendrick, the bank’s global head of digital assets research, $500,000 by 2030, even as he warned… Continue reading Bitcoin May Sink To $50K Before Rallying, Standard Chartered’s Kendrick Warns→

Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak

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Bitcoin is showing tentative signs of stabilization after its pullback from $74,000, but Glassnode says the recovery still lacks the ingredients of a decisive bullish turn. In its March 9 Weekly Market Pulse, the analytics firm described a market that is improving at the margins even as spot participation, capital flows and broader conviction remain… Continue reading Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak→

Bitcoin S2F Model Says BTC Price Is Headed To $500,000, Here’s When

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Bitcoin could be on track for a massive long-term rally if one of the most interesting valuation models in the crypto industry is still valid. According to pseudonymous analyst PlanB, the Stock-to-Flow (S2F) model suggests that Bitcoin could average around $500,000 during the current halving cycle between 2024 and 2028.  The bold projection comes even… Continue reading Bitcoin S2F Model Says BTC Price Is Headed To $500,000, Here’s When→

Bitcoin Just Entered The DCA Zone Again, Why This Is A Good Time To Buy

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Crypto analyst Merlijn has revealed that Bitcoin has just re-entered the DCA zone, indicating it’s a good time to buy BTC. The leading crypto is already staging another rebound, rising to the psychological $70,000, which has so far proved to be a major resistance level.  Bitcoin Reenters DCA Zone As Price Eyes Another Rally In… Continue reading Bitcoin Just Entered The DCA Zone Again, Why This Is A Good Time To Buy→

Bitcoin Short Bets Surge—Will Bears Get Squeezed?

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Data shows the Bitcoin Funding Rates have turned negative across exchanges recently, indicating bearish bets are currently dominating. Aggregated Bitcoin Funding Rates Have Plunged As pointed out by analytics firm Santiment in a new Funding Rate” here refers to an indicator that keeps track of the amount of periodic fees that derivatives market traders are… Continue reading Bitcoin Short Bets Surge—Will Bears Get Squeezed?→

Bitcoin Candlestick Structure That Led To Crash To Below $20,000 Last Cycle Just Appeared Again

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Bitcoin (BTC) is showing technical warning signs that have caught the attention of market watchers, with one analyst now predicting a dramatic price collapse in the world’s largest cryptocurrency. The analyst noted that a Bitcoin candlestick pattern that previously preceded a devastating crash to below $20,000 has reappeared on the weekly chart, reigniting fears that… Continue reading Bitcoin Candlestick Structure That Led To Crash To Below $20,000 Last Cycle Just Appeared Again→

Saylor Reloads? Bitcoin Buy Signal Appears As BTC Nears $67K

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Strategy, the company that has built its identity around hoarding Bitcoin, is now sitting on paper losses — and buying more anyway. The company’s average purchase price sits at roughly $75,985 per coin, well above where Bitcoin is trading today at around $66,850. That gap has pushed Strategy’s net asset value below 1, meaning the… Continue reading Saylor Reloads? Bitcoin Buy Signal Appears As BTC Nears $67K→

Bitcoin’s Valuation Model Hints At $500K Cycle Average, Analyst Says

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Bitcoin is trading near $67,300, well off its recent high of $74,000. One well-known analyst says that dip barely matters — he’s looking at a cycle average closer to half a million dollars. A Model Built On Scarcity PlanB, the pseudonymous analyst behind the Stock-to-Flow model, says Bitcoin’s price during the current 2024–2028 halving cycle… Continue reading Bitcoin’s Valuation Model Hints At $500K Cycle Average, Analyst Says→

Bitcoin Is Repeating 2022 Playbook That Triggered Crash To $17,500

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The 2022 Bitcoin crash has been one for the history books, where the price went from $69,000 to $16,000 before hitting a bottom. Being the most recent bear market before the current cycle, there have been a lot of comparisons between the current trend and the previous one. So far, while the Bitcoin price has… Continue reading Bitcoin Is Repeating 2022 Playbook That Triggered Crash To $17,500→

Bitcoin At The Bottom? The 23-Month Cycle That Has Never Failed

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Crypto analyst Coinvo has explained why Bitcoin may be close to a bottom, which could spark a rally to new highs. This comes as BTC continues to face downside pressure due to the rising tensions between the U.S. and Iran.  Why Bitcoin May Soon Reach A Bear Market Bottom In an X post, Coinvo alluded… Continue reading Bitcoin At The Bottom? The 23-Month Cycle That Has Never Failed→