The pain may not be over yet for Bitcoin investors, according to one crypto analyst, arguing that there’s still more leverage that could be flushed out. Crypto analyst James Check described the recent market meltdown as a “2-sigma long liquidation event,” which wiped out a “chunk of degen gamblers.” Most of the leverage is gone,…
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A Bitcoin technical indicator, known as the Sharpe ratio, has dropped to nearly zero, reaching levels usually seen near major market bottoms. The Bitcoin Sharpe ratio is at “a level historically associated with moments of maximum uncertainty and the early stages of risk repricing,” said CryptoQuant analyst I. Moreno on Monday. The analyst observed that…
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Crypto market analysts are confident that Bitcoin’s recovery could continue as the cryptocurrency has begun to move higher since its bottom at just above $82,000 on Friday. Tech stocks and crypto markets dumped over the past two weeks “because of the market flip-flopping on expectations for a rate cut,” Capriole Fund founder Charles Edwards posted…
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Bitcoin’s encryption and privacy could be at risk from quantum computing, but it is still a good investment for now, says Jan van Eck, CEO of investment manager VanEck. “There is something else going on within the Bitcoin community that non-crypto people need to know about,” van Eck told CNBC on Saturday. “The Bitcoin community…
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Bitcoin options open interest reached a record $63 billion, with bullish strike prices at $120,000 to $140,000 dominating. Source link
Crypto market observers have locked their gaze on the delayed US inflation report for September, which is expected to be published on Friday and to exceed 3% for the first time in 2025, which could have a knock-on effect on crypto markets. The US Bureau of Labor Statistics is scheduled to publish the Consumer Price…
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Crypto market analysts are eyeing one more Bitcoin flush near $104,000 before the crypto bull market will have a chance to restart, based on historical patterns. Bitcoin’s long-term support technical indicator is the 50-week simple moving average, and that currently stands at around $102,500 according to TradingView. It has served as solid support four times…
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Stock exchanges in India, Hong Kong, and Australia have reportedly begun blocking or restricting companies from becoming digital asset treasury vehicles. Hong Kong Exchanges & Clearing Ltd. has rejected at least five companies seeking to become DATs, citing rules against “cash companies” that hold primarily liquid assets, according to a Bloomberg report on Wednesday, citing…
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The next crypto bear market could be particularly brutal and driven by a business cycle downturn that has never been seen in crypto before, according to analyst Willy Woo. The next bear market “will be defined by another cycle people forget about,” said Woo on Monday. He said that we’ve previously had two cycles superimposed…
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The price of Bitcoin will have a challenging road ahead as long as long-term holders continue to take profits, according to analysts. The failure of crypto markets to recover was not due to manipulation, paper Bitcoin, or suppression, “just good old-fashioned sellers,” said analyst James Check on Sunday. Check added that the sheer volume of…
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