Tag: btc

BTC Eyes Short Squeeze As Shorts Rise Above $90K

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Bitcoin’s (BTC) recovery from last week’s deep correction is beginning to solidify, with the price pushing back toward the $87,000 to $90,000 zone after sliding from $106,000 to $80,600 in just 10 days. The rebound has revived discussions about whether BTC has reached a local bottom, even as a key whale cohort continued to offload its supply. Key takeaways: BTC whale and retail cohorts remained net sellers, but mid-sized holders continued to accumulate. Accumulator-address demand hit a record 365,000 BTC, suggesting a return of long-term confidence. Negative funding rates hinted…

Santiment observes surge in Bitcoin wallets holding 100 BTC

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Key Takeaways Santiment has reported a noticeable surge in the number of Bitcoin wallets holding at least 100 BTC. This trend coincides with indicators of retail investor capitulation, where smaller investors sell their holdings, often at a loss. Share this article Santiment, a crypto analytics platform, today reported a surge in Bitcoin wallets holding 100 BTC as retail capitulation signals potential bullish momentum ahead. The increase in larger Bitcoin wallet holdings comes as market analysts track distribution patterns to assess investor behavior during current market conditions. Santiment specializes in on-chain…

BTC Analyst Sees 91% Chance of the Weekly Bottom Being Confirmed

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Bitcoin (BTC) traders are navigating through one of the fastest capitulation events since late 2022, but one market analyst argued that historical data confirms that $80,000 was the bottom. Key takeaways: A Bitcoin analyst assigned a 91% probability that BTC will not see a weekly close below the current lows. NVT Golden Cross showed Bitcoin’s market cap may be undervalued, signaling short-term long position opportunities. Macroeconomic liquidity signals from Arthur Hayes and rapid onchain recovery supported the $80,000–$85,000 floor. Capitulation volume confirmed a high-probability bottom for BTC Bitcoin analyst Astronomer…

ETF Outflows Reflect Short-Term Downturn, Not Weak BTC Demand: Analysts

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The record outflows from Bitcoin exchange-traded funds (ETFs) represent short-term, “tactical” rebalancing rather than institutional flight from BTC, according to analysts at crypto exchange Bitfinex. Long-term Bitcoin (BTC) holders taking profit and selling their coins, and highly-leveraged positions flushing out of the markets, are the root causes of the billions of dollars in ETF outflows and the broader market crash, Bitfinex analysts said. The uncertainty of a December interest rate cut has also shifted investors to a risk-off outlook, Bitfinex said. “This does not derail the longer-term move towards institutionalization.…

BTC Hides Bullish Twist in Crypto’s Fastest Bear Market

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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 current bull cycle. Bitcoin one-week analysis. Source: Cointelegraph/TradingView Bitcoin futures liquidations surpassed $1 billion, underscoring the severity of this downturn, described by the Kobeissi Letter as the “fastest bear market ever.” Key takeaways: Crypto market…

Binance’s Teng Downplays BTC Volatility Amid Market Sell-Off

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Richard Teng, the CEO of crypto exchange Binance, reportedly said Bitcoin’s volatility aligns with that seen in most major asset classes. According to a Friday Reuters report, Teng said during a media roundtable in Sydney that all asset classes go through different cycles and volatility. “What you’re seeing is not only happening to crypto prices,” he claimed. Teng also explained that Bitcoin’s recent drop was driven by investors deleveraging their positions and by risk aversion, which is in line with trends across most major asset classes. “At this point in…

Watch These BTC Price Levels

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Key takeaway: Bitcoin charts forecast further downside, but traders remain hopeful that a short squeeze to $98,000 will reverse the bearish trend. Bitcoin (BTC) has been trending down alongside the broader crypto market since Nov. 3, dropping to a six-month low of $88,267 on Thursday. With key economic data expected on Thursday and Friday, markets could see volatile price swings toward key BTC price levels over the next few days. Bitcoin must reclaim $98,000 to “flip momentum” bullish Bitcoin’s latest drawdown saw the BTC/USD pair lose key support levels, including…

Bitcoin ETFs reverse 5-day outflows with $75M BTC purchase

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Key Takeaways US Bitcoin ETFs saw $75 million in net inflows, ending a five-day outflow streak. BlackRock led the renewed buying through its iShares Bitcoin Trust ETF. Share this article US Bitcoin ETFs recorded $75 million in net inflows yesterday, ending a five-day streak of outflows as institutional investors resumed accumulating the digital asset. BlackRock, the global investment management firm operating the iShares Bitcoin Trust (IBIT), led the buying activity alongside Grayscale’s mini ETF, which also contributed to the positive flows. These two products were the only ones driving net…

Bitcoin Whale Sells $1.3B BTC As Institutions Buy 40% Bitcoin ETFs

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Owen Gunden, one of the richest early Bitcoin holders, has sold his entire Bitcoin position as retail investors flee the market and institutions continue increasing their share of spot Bitcoin exchange-traded funds. The wallet tagged as Owen Gunden by blockchain data platform Arkham transferred his last 2,499 Bitcoin (BTC) worth $228 million to cryptocurrency exchange Kraken on Thursday. In total, Gunden’s wallet has sold 11,000 Bitcoin worth around $1.3 billion since Oct. 21, liquidating his entire Bitcoin holdings, according to Arkham. Gunden’s transactions come amid growing concerns over the end…

BTC Model Shows Timing Matters Less Than Forecast Long-Term Returns

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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 investors may be overly concerned about timing their BTC purchases. In a detailed 10-year model, Bitcoin researcher Sminston With tested how a hypothetical investor deploying $100,000 today might perform under three different entry points: buying…