Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%
On-chain data shows two dramatic declines in the Bitcoin reserves held by a Canadian Bitcoin fund but there’s a catch. Go to Source Powered by WPeMatico
BTC Price
Auto Added by WPeMatico
Bitcoin price tumbles to ‘final support’ as trader warns of $24K BTC price target
A failure to retain $31,000 would mean that $29,000 and then $24,000 are on the menu, says Michaël van de Poppe. Go to Source Powered by WPeMatico
‘It’s fine’ to buy Bitcoin as gold substitute, says Trump ex-Treasury Secretary Mnuchin
What seems to be a full reversal on a previously hostile Bitcoin stance is tempered by Mnuchin, who added that he still wouldn’t be buying BTC himself. Go to Source Powered by WPeMatico
New data hints why Bitcoin price action has spent two months at $30K
Multiple factors demonstrate why $30K is so important for for BTC/USD within an ongoing price “supercycle.” Go to Source Powered by WPeMatico
Bitcoin price returns to ‘critical’ pivot zone as $33K stays untouched
Bulls are having problems reclaiming lost support levels, but $30,000 remains a solid foundation for Bitcoin’s trading range. Go to Source Powered by WPeMatico
Bitcoin price can only go up if $30K accumulation ‘reset’ continues — research
Investors who sold BTC above $30,000 on the way to all-time highs are now buying back in, Ecoinometrics reveals. Go to Source Powered by WPeMatico
Bitcoin drops below ‘critical’ level for avoiding a return to $31K — gold rises on inflation data
The latest bearish streak sees $32,600 come and go, with selling pressure in evidence as BTC/USD sheds another 2.7%. Go to Source Powered by WPeMatico
Bitcoin dips below $33K as shorts spike, trader warns of ‘violent’ BTC price squeeze
It may even be boring for traders right now, but Bitcoin is preparing a rare event which will shake up price action definitively, argues trader John Wick. Go to Source Powered by WPeMatico
Bitcoin price will see breakout ‘during this week’ says trader with $38K target
Michaël van de Poppe believes that upside is in store for BTC/USD in the coming days despite nervousness about Grayscale. Go to Source Powered by WPeMatico
Countdown to Grayscale’s big BTC unlock: 5 things to watch in Bitcoin this week
A decisive month for GBTC market impact is set to begin, with BTC price action still “doing everything right” to preserve support. Go to Source Powered by WPeMatico
