Tag: Bitcoin

Can Bitcoin price hit $250K this year? Top BTC chart watchers weigh in

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Bitcoin (BTC) is trading roughly 40% below its October 2025 record high near $126,000 despite its ongoing recovery. BTC/USD daily chart. Source: TradingView Still, some of the cryptocurrency’s loudest bulls, including billionaire investor Tim Draper and Fundstrat’s co-founder Tom Lee, have not backed down from their $250,000 year-end prediction, a target that would require more than a threefold rally from current levels. Is that realistic, or is Bitcoin’s latest drawdown a warning that the cycle has already peaked? Key takeaways: Bitcoin’s selloff may resume due to a bearish continuation setup.…

Bitcoin drops 3% to $76.3K, ending 4-week rally amid oil price surge

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Bitcoin is down 3% to $76.3K, ending a 4-week green streak, as Brent crude soars above $104/bbl amid Strait of Hormuz tensions. Bitcoin price in April sits at 0% YES, with 6 days left in the month. Market reaction The Bitcoin price in April market shows zero confidence that Bitcoin will hit bullish price targets before the month ends. The December 31, 2026 market for Bitcoin to reach $200,000 has slipped to 4.5% YES, down from 5% a day ago. Why it matters Risk-off sentiment is rising as unresolved US-Iran…

Strategy buys $255M in Bitcoin at $77,906 per coin

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Michael Saylor’s Strategy bought $255 million in Bitcoin at an average price of $77,906, while the Polymarket contract for Bitcoin reaching a new all-time high by June 30, 2026, sits at 2.6% YES, down from 3% a day ago. ## Market reaction The purchase came above Strategy’s average acquisition price of $75,537, which signals willingness to accumulate at higher levels. In the contract for Bitcoin hitting a new all-time high by June 30, 2026, the 24-hour trading volume was $843 in face value with only $26 in actual USDC traded,…

These Three Bitcoin Charts Say BTC Price Set for Recovery to $82,000

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Bitcoin (BTC) has rebounded more than 28% from its February low below $60,000, and a mix of technical, liquidity, and on-chain signals suggests the recovery may still have room to run. BTC/USD daily chart. Source: TradingView Key takeaways: Bitcoin is holding a support zone that has previously triggered 8%–10% rebounds. Binance stablecoin inflows are rising, boosting fresh deployable liquidity for crypto markets. BTC hits support with 8%–10% rebound history Since early April, Bitcoin has been trading within a well-defined ascending channel, with price consistently respecting both rising support and resistance…

MARA Forms Foundation to Support Bitcoin Network, Adoption

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Bitcoin miner MARA Holdings launched the MARA Foundation on Monday to support the health of the Bitcoin network and the communities that rely on it as a tool for financial sovereignty. The MARA Foundation said it plans to implement measures to “harden Bitcoin against security threats,” including quantum computing, while also expanding access to self-custodial Bitcoin (BTC) and offering a range of educational resources, MARA said after announcing the new foundation at the Bitcoin 2026 conference in Las Vegas on Monday. It also plans to support the “development of a…

Bitcoin Price Turns Lower After Rejection, Downside Pressure Builds

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Bitcoin price started a fresh decline from the $79,500 zone. BTC is consolidating and might struggle to stay above the $76,500 support. Bitcoin failed to stay above $78,500 and corrected gains. The price is trading below $78,000 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance at $77,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,600 and $78,000 levels. Bitcoin Price Dips Again Bitcoin price failed to…

Bitcoin Bears At Risk Of $1.4B Liquidation If BTC Rallies To $80K

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Key takeaways: Persistent spot market accumulation from Bitcoin ETFs and Strategy provided a price floor for Bitcoin and threatens to trigger a short squeeze. Negative funding rates and cautious options skews could trap bears if the Federal Reserve policy shifts or high oil prices trigger higher inflation. Bitcoin (BTC) price sustained levels above $76,000 for the past week, distancing itself from its year low at $60,500. The recent bullish momentum came as crude oil prices jumped above $100 and the S&P 500 hit new trading highs, but futures market data…

Bitcoin, Altcoins Remain Range Bound As Bulls And Bears Fight For Control

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Key points: Bitcoin continues to face resistance near $79,500, but the trajectory remains up as long as the price holds above $76,000. Most major altcoins are not showing any directional bias, suggesting a near-term consolidation. Bitcoin (BTC) attempted to rise above $79,500, but the bears held their ground. BTC investor and author Michael Terpin told Cointelegraph that BTC risks falling to $57,000 in October 2026, based on a study of the “historical average” drawdown of about 1 year from a market-cycle top. Terpin added that BTC will have to rise…

Bitcoin Bulls Battle For Control With Emphasis On $80K Reclaim

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Bitcoin (BTC) fell more than 2% on Monday as US-Iran war nerves again guided macro markets. Key points: Bitcoin gave back early-week gains as its downside extended toward 3% on Monday. Two key moving averages hang in the balance amid macro uncertainty over the war in Iran. Bulls need to clear the low $80,000 area next, says market analysis. Crypto exec: Bitcoin needs to clear bull market support band Data from TradingView showed BTC/USD hitting local lows of $76,567 on Bitstamp, giving back earlier gains. BTC/USD one-hour chart. Source: Cointelegraph/TradingView…

Strategy buys 3,273 Bitcoin for $255M, reinforcing institutional demand

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Strategy purchased 3,273 BTC for $255 million at an average price of $77,906 per coin, and the Polymarket contract for Bitcoin reaching $200,000 by December 31, 2026 sits at 4.9% YES, unchanged from previous days. Market reaction Traders in the Bitcoin $200K by 2026 market have not repriced the contract following the announcement. The purchase reinforces institutional demand at current price levels, which reduces the probability of a drop to $60,000 in April. Daily trading volume on the contract is $505 in USDC against a $10,272 daily face value, meaning…