Tag: Bitcoin

Bitcoin Sell-off Capped At $70K But Data Points To Rebound

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Bitcoin (BTC) dropped below $69,000 on Thursday, pulling the price back into its six-week range just days after tapping range highs above $76,000. The pullback coincides with an increase in selling from Bitcoin futures markets and stalling demand from US-based investors, but the chance for a rebound rally remains. A recurring chart setup indicates that BTC can return to its bullish pathway if the necessary conditions are met. Bitcoin futures set the trend as spot demand fades The latest pullback aligns with a visible shift in derivatives’ dominance over spot…

Bitcoin Rally to $76K Shows Strength but Lacks Confirmation

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Bitcoin’s (BTC) rally to $76,000 revived market optimism for investors, but onchain data suggested that the move may still be part of an early-stage recovery defined by frequent periods of price volatility. According to Glassnode, BTC price has entered a relatively “open” zone between $72,000 and $82,000, where there’s less resistance. This range is particularly defined by the UTXO Realized Price Distribution (URPD), which highlights where the investors accumulated their coins. This means BTC may move more freely in the short term within this range, if the momentum holds. Bitcoin…

Bitcoin Faces Little Chance of Holding Its 200-Week Moving Average for Long

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Bitcoin (BTC) price support could “fail” by the weekly close in a major blow to Bitcoin bulls, analysis warns. Key points: BTC price downside versus local highs at $76,000 nears 10%. Bitcoin brings its 200-week trend line back into focus, but little hope remains that it will rescue price. A trader warns of “months” of ranging at current levels. 200-week BTC price trend line “unreliable” In his latest X update on Thursday, crypto trader and analyst Rekt Capital brought a long-term BTC price trend line back into focus. The 200-week…

Prediction Markets Bet Bitcoin Will Drop Below $55K in 2026

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Bitcoin (BTC) may go as low as $55,000 in 2026 as the market lacks bullish catalysts amid macroeconomic uncertainties.  Key takeaways: BTC price has a 65%-71% chance of dropping below $55,000 before Dec. 31, according to prediction markets. Bettors don’t expect Strategy to sell its BTC holdings in 2026.  Whale selling and negative ETFs flows add to Bitcoin’s sell-side pressure.  Prediction markets see BTC bear market continuing The majority of traders on Polymarket and Kalshi expect Bitcoin to resume its downtrend throughout 2026, with targets as low as $40,000.  Related:…

Vivek Ramaswamy’s Strive acquires 317 Bitcoin, moving into top 10 BTC holders

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Strive has expanded its Bitcoin position by 317 coins, taking total holdings to about 13,628 BTC and entering the top 10 corporate holders, said CEO Matt Cole in a statement. Strive has acquired 317 BTC for $23 million at an average cost of ~$72,555 per bitcoin. As of 3/18/2026 we hodl 13,627.9 $BTC.$ASST $SATA pic.twitter.com/oiSJ9FTeeC — Matt Cole (@ColeMacro) March 19, 2026 The company now ranks ahead of Tesla and CleanSpark in Bitcoin holdings, though it is not the first time it has ranked among the 10 largest holders. The…

OP_NET Launches “SlowFi” DeFi Stack Directly on Bitcoin L1

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OP_NET said it is launching a “SlowFi” decentralized finance (DeFi) stack on Bitcoin that uses standard Bitcoin transactions and native BTC fees rather than bridges, wrapped assets or a separate gas token. According to a Thursday release shared with Cointelegraph, the project is part of a broader push to bring trading and yield-style activity directly onto Bitcoin’s base layer instead of routing it through sidechains, bridges or adjacent networks. OP_NET is betting some users will accept slower and more expensive transactions in exchange for staying fully on Bitcoin. According to…

Bitcoin ETFs See $164M Outflows As BTC Dips Below $71K

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US spot Bitcoin exchange-traded funds (ETFs) ended their inflow streak amid a BTC price dip after recording $1.2 billion of inflows over seven consecutive days. Spot Bitcoin (BTC) ETFs saw $163.5 million in outflows on Wednesday, according to Farside data. The Fidelity Wise Origin Bitcoin Fund (FBTC) led the outflows at about $104 million, followed by BlackRock’s iShares Bitcoin Trust ETF (IBIT) with $34 million. Daily spot Bitcoin ETF flows since March 6, 2026. Source: Farside.co.uk Before Wednesday’s $163.5 million outflows, the ETFs were roughly $100 million shy of positive…

Bitcoin OGs, Ancient Whales Sell Millions in BTC as Iran War Escalates

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Ancient Bitcoin holders moved tens of millions of dollars to exchanges as Bitcoin fell and energy prices jumped after attacks on Gulf oil and gas infrastructure deepened the conflict involving Iran, Israel and the United States. Ancient whale “bc1ql” sent 1,000 Bitcoin (BTC), worth around $71 million at current prices, to Binance on Wednesday, according to blockchain data platform Arkham. The whale initially bought 5,000 BTC 13 years ago and still holds about 1,500 BTC worth about $106 million, according to blockchain analytics platform Onchain Lens. The same day, one…

Bitcoin Trips After FOMC But Bulls May Keep Buying

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Key takeaways: Spot market demand through US-listed ETFs and Strategy buying BTC supports Bitcoin’s bullish momentum. Low leverage among Bitcoin bulls reduces the risk of cascading liquidations even if prices drop another 5%. Rising inflation concerns negatively impact fixed-income returns, paving the way for an eventual rotation from gold into Bitcoin. Bitcoin (BTC) faced a 7% correction after flirting with the $76,000 level on Tuesday. The downturn followed a decline in the US stock market after oil prices surged due to Israel attacking Iran’s largest gas processing facility and the…