US-based crypto trading platforms are regaining their influence over Bitcoin (BTC) transfer volumes, which may lead to a price rally in the latter half of 2025. Research by Axel Adler Jr. shows that the dominance of US exchanges declined after Bitcoin hit a record high in January, but recent trends suggest a revival. A significant ...
In a recent Market update, analyst Rekt Capital discussed Bitcoin’s latest dip, comparing it to previous bull cycles, particularly the 2017 pattern of corrections. He coined the term “banana zone” to describe the parabolic phase Bitcoin often reaches. Rekt Capital believes the current price drop is a typical correction and reassured traders that Bitcoin is ...
Last week, digital asset investment products faced significant outflows totaling $795 million, marking three weeks of declines driven by ongoing negative sentiment. Overall outflows since February have reached a staggering $7.2 billion, nearly erasing this year’s previous inflows. Bitcoin was the hardest hit with $751 million leaving the Market, although it still has $545 million ...
Bitcoin’s price has risen over 11% since a low of $74,400 on April 7, with analysts predicting a continuous recovery if it can stay above $81,500. Analysts AlphaBTC and Rekt Capital emphasize the need for Bitcoin to close above $80,500 to strengthen recovery potential. Onchain data from Glassnode indicates that sellers are becoming exhausted, which ...
Bitcoin’s value fell below the important $80,000 mark, dropping 5% to about $79,000. This decline comes amid rising concerns about tariffs and their potential impact on the Market, especially following China’s retaliation against U.S. tariffs. Investors are closely monitoring key support levels at $74,000, $65,000, and $57,000, while the resistance level to watch is near ...
Last week, Bitcoin showed signs of decoupling from the US stock markets, remaining steady while the S&P 500 fell 9%. This was triggered by President Trump’s global tariff announcements and China’s retaliatory tariffs. Even gold prices dropped. Mike Alfred, founder of Alpine Fox, noted that in past cycles, gold’s performance boosted Bitcoin, which eventually outpaced ...
Bitcoin is at a critical point as it consolidates within a tightening triangle pattern, trading between $80,000 and $85,000. This technical setup could lead to a significant price movement, potentially swinging by 15% in either direction. Analyst Ali Martinez shared insights on social media, advising traders to watch for a breakout. If Bitcoin surpasses the ...
Bitcoin, the top cryptocurrency, has been facing volatility since reaching a record high of over $109,000 in January 2024. Currently, it stands at around $82,000, reflecting a slight weekly decline of 0.6%. Analyst Crypto Dan notes that Bitcoin’s trading volume over the past six to twelve months indicates the flow of capital in the Market, ...
Bitcoin’s connection with traditional financial markets, particularly its inverse relationship with the US dollar, is crucial for forex traders. Over the past five years, Bitcoin’s correlation with the US Dollar Index has varied, often moving in the opposite direction of the dollar. Factors like interest rates, inflation, and Market liquidity significantly influence this relationship. For ...
Bitcoin could potentially soar above $250,000 by the end of the year, driven by expectations of rising fiat supply. Analysts, including Arthur Hayes, believe a shift by the US Federal Reserve toward quantitative easing may fuel this price surge. Hayes noted that Bitcoin’s value relies heavily on the anticipated future supply of fiat currency. While ...
