Author: Cointelegraph By William Suberg

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Bitcoin Slumps Toward Range Lows With US-Iran Press Briefing Due

Bitcoin trapped late buyers at $68,000 with oil still above $100 ahead of a press briefing by US War Secretary Pete Hegseth. Bitcoin (BTC) teased a fresh break below $66,000 on Tuesday after a bounce sparked a classic bull trap. Key points: Bitcoin sets up a classic bull trap after spiking beyond $68,000. A negative…
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Bitcoin Bounces From $65,000 in ‘Notable’ Sign of Strength

Bitcoin continued to surprise some analysts as it held the lower end of its local range despite fresh Iran pressure on macro markets. Bitcoin (BTC) cooled its modest rebound at Monday’s Wall Street open as oil stayed above $100 per barrel. Key points: Bitcoin preserves a rebound from its lowest levels of March so far.…
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Bitcoin Price Pressure Brings Back 2018 Bear Market

Bitcoin (BTC) heads into the March monthly close as it risks its sixth straight month of losses. BTC price action touches $65,000 to start the week as traders expect a copycat bear flag breakdown. Iran headlines dominate the macro mood amid rumors of a US ground invasion. March could go either way for Bitcoin as…
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Bitcoin Preps Sixth Red Month in a Row as Oil Fears Surge

Bitcoin (BTC) neared $66,000 at Friday’s Wall Street open as analysis called US inflation trends “objectively unsustainable.” Key points: Bitcoin drops further on oil-supply woes as Iran closes the Strait of Hormuz. BTC price performance is set to seal its sixth straight month of losses at the March close. Traders eye the lows with $70,000…
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Bitcoin nears lowest in three weeks as BTC price targets drop to $41K

Bitcoin grabbed downside liquidity as oil-supply pressure sent BTC price action below $66,500 to its lowest levels since March 9. Source link

Bitcoin Shows No ‘Outright Stress’ at $70,000, Analysis Says

Bitcoin lost its grip on $70,000 amid inflation and recession talk as analysis suggested that BTC price action lacked “outright stress.” Bitcoin (BTC) daily losses approached 3% at Thursday’s Wall Street open as markets stayed on edge over fresh Iran tensions. Key points: Bitcoin slips from $70,000 as markets continue to observe Iran developments. Inflation…
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Bitcoin Stares Down Recession as BlackRock CEO Joins Oil Price Warnings

Bitcoin (BTC) faces a new macro test as markets increasingly bet on the US entering recession in 2026. Key points: Bitcoin could face a new challenge in the form of its first recession after the COVID-19 crash. US recession odds surge as BlackRock CEO Larry Fink warns over oil prices. Bitcoin’s high correlation with “extremely…
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Bitcoin Faces a $72,000 Resistance Hurdle After Retesting Its 50-day Trend

Bitcoin traders agreed that BTC price action needed to retake $72,000 to open up the odds of further upside as gold and US stocks gained. Bitcoin (BTC) returned to $72,000 on Wednesday as gold continued its rebound from four-month lows. Key points: Bitcoin price performs a support retest of its 50-day moving average before hitting…
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Bitcoin Stumbles at $70,000 as Analysis Eyes “Early Stages” of a Rebound

BTC price fell below $70,000 on macro tensions as analyst considered a possible bullish “regime shift” already starting to play out for Bitcoin. Bitcoin (BTC) fell below $70,000 at Tuesday’s Wall Street open as macro assets fell over Iran war tensions. Key points: Bitcoin fails to turn $70,000 support as macro selling pressure sparks losses…
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Bitcoin Yardstick Prints Record ‘Deep Value’ in Sub-$60,000 BTC Price Dip

Bitcoin Yardstick data confirmed a new record for BTC price “deep value” in February as miners battled the lowest price levels in 15 months. Bitcoin (BTC) is “off the chart” in terms of value-for-money as price diverges from hash rate, a market analyst says. Key points: Bitcoin price action is diverging from hash rate to…
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