Bitcoin (BTC) fell to $80,600 on Friday, extending weekly losses to more than 10%. Its monthly drawdown has now reached 23%, the steepest decline since June 2022. The drop below $84,000 also pushed BTC to test the 100-week exponential moving average for the first time since October 2023, aligning exactly with the start of the…
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Key takeaways: A Bitwise analyst outlined the $84,000 to $73,000 region as the likely “max pain” capitulation range for Bitcoin. Cost-basis levels of BlackRock’s IBIT and Strategy’s BTC treasury could heavily influence liquidity flows. The worst-case scenario for BTC is a “fire-sale” level Bitwise European head of research, André Dragosch, said that Bitcoin’s “max pain”…
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Key takeaways: Power-law modeling shows Bitcoin generates strong long-term returns regardless of precise entry timing. Global liquidity sits far above prior-cycle levels, supporting a more favorable macroeconomic backdrop. Bitcoin currently trades at an unusually deep discount relative to its liquidity trends, with its fair value near $170,000. A new Bitcoin (BTC) simulation suggests that long-term…
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Bitcoin’s (BTC) drawdown on Monday pushed the asset into a 26.7% loss, narrowly overtaking the 26.5% slide seen in April, and marking the steepest correction of the current bull market. The move red-lined multiple market structure indicators, suggesting the current correction could be a final leverage washout phase. Bitcoin bull market correction levels. Source: CryptoQuant…
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Key takeaways: Bitcoin rebounded 4% from a key range under $90,000, outperforming US equities on Tuesday. Tech stocks slid ahead of Nvidia’s pivotal Q3 earnings, which could determine the next phase of the AI trade. The Coinbase premium gap plunged to negative $114, pointing to waning institutional demand, which may keep BTC range-bound in the…
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Key takeaways: Bitcoin fundamentals remain intact despite the $1 trillion drop in the crypto total market cap. Long-term holders and institutional investors continue to absorb Bitcoin’s distributed supply. Analysts argue that the decline is structural, driven by leverage and rotations, rather than bearish sentiment. The crypto market has erased more than $1.1 trillion in value…
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The Bitcoin futures-to-spot basis has fallen into negative territory, signaling a significant shift in trader sentiment toward de-risking. Futures are now trading below the spot price for the first time since March 2025, erasing the premium that typically reflects strong demand for leverage. This transition into a futures discount phase suggested that Bitcoin (BTC) traders…
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Bitcoin (BTC) broke below its June support near $98,000 on Thursday, marking its first clear lower high–lower low structure on the daily chart since February 2025. The decline deepened on Friday as BTC slid to $94,500, bringing it within striking distance of the $93,500 yearly open, a level that would fully erase its gains for…
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Bitcoin’s (BTC) latest drawdown has pushed the asset to its lowest price since May 2025, and Strategy’s MSTR stock is also feeling the pressure. Stock prices slipped to $197 at pre-market for the first time since October 2024, extending its woes. Key takeaways: Strategy’s $5.77 billion Bitcoin move is likely a custodial relocation. MSTR’s Net…
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Bitcoin (BTC) and Ether (ETH) continue to diverge, and they currently operate in different monetary universes, according to a new joint report from Glassnode and Keyrock. The study noted that Bitcoin is drifting deeper into a savings-driven, low-velocity profile, while Ether is rapidly evolving into a productive onchain asset powering staking, collateral, and institutional wrappers.…
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