Bitcoin is back in ‘accumulation’ — But what does it mean for BTC price?
Bitcoin could stage a recovery above $66,000 by September but faces significant resistance around $61,700. Go to Source
Bitcoin Analysis
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Bitcoin sell pressure may break $56K support as options expiry looms
The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16. Go to Source
Tether crypto exchanges balance hits record high as Treasury prints $1B USDT
If the Fed signals a rate cut, as CME data strongly suggests, crypto traders may quickly deploy their stablecoin reserves to drive a market rally. Go to Source
Bitcoin price dip may retest $55K before next leg up
Based on Wednesday’s upcoming CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover. Go to Source
Bitcoin bear trap over? BTC price fractal hints at parabolic move next
Bitcoin still faces significant resistance at $62,000, and if it breaks, it would liquidate over $845 million of leveraged shorts. Go to Source
Tether mints $1.3B USDT since market bottom — Can it push Bitcoin above $65K?
The newly minted stablecoins could help push Bitcoin’s price above the $65,000 resistance, which is the short-term whale holder’s realized price. Go to Source
Why is Ethereum losing market share to Bitcoin?
Ethereum’s underperformance against Bitcoin is largely due to competition from Solana and the weaker-than-anticipated debut of its spot ETFs. Go to Source
Bitcoin price downside may last 2 months — Analysis
Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout. Go to Source
Analysts warn of further Bitcoin downside – could BTC revisit $42k?
Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark. Go to Source
Bitcoin whale volume from exchanges hits 9-year high as analysts call BTC price bottom
The last time Bitcoin whales moved this many coins from exchanges was when the BTC price was around $220 in 2015. Go to Source
