Bitcoin open interest jumps $1.3B following Fed’s ‘dovish’ minutes
Bitcoin Open Interest has jumped by over a billion following the United States Federal Reserve ‘dovish’ minutes on Aug. 21. Go to Source
Markus Thielen
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Bitcoin technical indicators ‘improving’ at $59K may trigger short squeeze
Bitcoin technical indicators are “improving” — meaning a short squeeze may be “inevitable,” according to crypto analysts. Go to Source
Bitcoin $59K price may swing ‘drastically’ amid election year parallels
If Bitcoin follows the same pattern as previous election years, August will be “nothing crazy,” but a breakout may occur within a month or two, according to a crypto analyst. Go to Source
Institutions not so interested in Bitcoin at $58K, metric shows
10x Research’s Markus Thielen says there’s one stablecoin metric that is key to indicating institutional interest in Bitcoin, but it’s not flashing green right now. Go to Source
Bitcoin bull-bear cycle indicator flips bullish as price holds $60K
The Bitcoin bull-bear market indicator has turned green once more after Bitcoin’s drop below $50,000 triggered its first bearish signal since January 2023. Go to Source
Bitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart
Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, and futures traders are scrambling to adjust their positions. Go to Source
Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse
The popular Bitcoin valuation metric hasn’t been at this level since the downfall of cryptocurrency exchange FTX in November 2022. Go to Source
Bitcoin needs ‘low $40,000s’ for best bull market entry — 10x Research
A crypto analyst argues that Bitcoin’s price needs to return to levels seen around the launch of spot Bitcoin ETFs for an optimal entry point. Go to Source
Bitcoin rebounds to $67K ahead of Trump’s speech in Nashville
Bitcoin has jumped 4.3% as future traders skew toward long positions ahead of Donald Trump’s speech at the Bitcoin Conference. Go to Source
Crypto market tumble seen as quick shakeout, traders expect ‘bullish’ rebound
Cryptocurrency traders believe that the recent market downturn is just a “shakeout” and there is a “bullish continuation” on the horizon. Go to Source
