Market Analysis – June 23 Bitcoin recently completed a failure swing following a steady climb from the demand level of $74,420 to a peak of $112,000. Over the past month, the price has formed swing lows around the $101,703 level—both before and after reaching $112,000. This newly identified support is under pressure, facing renewed tests […]
Bitcoin dominance has surged past 62% as the crypto market reels from geopolitical tensions, sending altcoins spiraling deeper into the red. Despite Bitcoin’s own struggles, its relative strength compared to Ethereum and other major tokens has significantly increased, reinforcing its safe-haven status during times of global uncertainty. Bitcoin Dominance Climbs Amid Escalating Global Tensions […]
Bitcoin network activity has reached its quietest period since early 2024. Daily transactions have fallen to around 350,000 after briefly dropping to 316,000 last week. This represents a massive decline from the peak of over 700,000 daily transactions recorded during mid-2024, when Bitcoin-based protocols were gaining significant traction. The sharp decrease stems from reduced interest […]
France embraces Bitcoin mining, signaling bullish momentum for BTC. France is pioneering a novel approach to grid management by proposing to deploy Bitcoin mining operations as a buffer for surplus electricity. Introduced this week in the National Assembly, the bill would redirect excess output from both nuclear and renewable facilities into high-efficiency mining rigs. Lawmakers […]
The Bitcoin reaction to geopolitical events has become a fascinating study in market psychology and economic theory. Recent military actions between Israel and Iran caused Bitcoin to drop $1,000 within an hour. At the same time, other cryptocurrencies, including Ethereum, Solana, and Cardano, fared worse. This immediate market response reveals crucial insights about how digital […]
Bitcoin could enter a historic supply squeeze as Bitwise Asset Management CEO Hunter Horsley believes long-term holders will stop selling once the cryptocurrency surpasses the $130,000–$150,000 price range. His forecast suggests that Bitcoin’s role in the financial system is set for a fundamental shift—transforming it from a speculative asset to a prized form of collateral. […]
BTCUSD Market Analysis – June 13 Bitcoin Faces Strong Bearish Pullback Despite Bullish Structure Break, as recent price action signals a potential shift in momentum. Bitcoin (BTCUSD) Key Levels Support Levels: $90,700.00, $72,000.00Resistance Levels: $104,700.00, $120,800.00 BTCUSD Long-Term Trend: Bullish Bitcoin has maintained a broad bullish trajectory, with its price structure consistently forming higher highs […]
Bitcoin is back in the spotlight as U.S. President Donald Trump doubled down on his support for digital assets. As part of his broader Trump crypto policy, he promised more favorable legislation that could position the United States as a global leader in blockchain innovation. The remarks fueled a modest price recovery, lifting BTC from […]
BTCUSD Market Analysis – June 11 Bitcoin is showing strong bullish momentum as it breaks above the key $108,900 resistance level, signaling a potential move toward new all-time highs. Bitcoin (BTCUSD) Key Levels Support Levels: $86,200.00, $74,200.00Resistance Levels: $95,900.00, $108,900.00 BTCUSD Long-Term Trend: Bullish Bitcoin continues its steady ascent, recently breaching the significant $108,900 resistance […]
