Tag: btc

Bitcoin sharks accumulate 37,920 BTC as Middle East tensions ease

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Bitcoin sharks have amassed over 37,920 BTC as geopolitical tensions in the Middle East ease, according to Trading View. The market for Bitcoin dipping to $60,000 in April sits at a low probability, while the odds of Bitcoin reaching $200,000 by the end of 2026 are at 4.9% YES. Market reaction The Middle East ceasefire shifted market sentiment to “risk-on,” pushing Bitcoin’s price from $65,834 to around $78,000. Combined with institutional inflows, this has reduced the likelihood of Bitcoin falling to $60,000 in April. The December 2026 market for Bitcoin…

Bitcoin Bollinger Bands Setting Up BTC Price for ‘Powerful Move’

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Bitcoin (BTC) could see further upside volatility as several technical indicators suggested the BTC price was due for a “powerful“ upward move. Key takeaways: Bitcoin’s Bollinger Bands indicator now sees the potential for a massive price breakout. BTC price needs to overcome resistance at $80,000 for more upside.  Bollinger Bands suggest Bitcoin’s “bull run is next” Bitcoin’s Bollinger Bands have reached their tightest point ever on the monthly time frame, signaling that volatility should be expected soon. Related: Bitcoin ‘Bull Score’ hits six-month high as 2022 bear-market fears linger Bollinger…

Strategy makes 3rd-largest BTC purchase with $1.1B acquisition

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Strategy acquired 7,800 BTC worth $1.1 billion, and the market for Bitcoin reaching $80,000 in April now sits at 42.5% YES, down from 44% yesterday. Market reaction The $80,000 market saw a 5-point spike to 50% after the news broke but has since settled back. The $150,000 target remains nearly untouched at 0.1% YES, which reflects skepticism about that kind of rapid move. The purchase by Strategy (likely MicroStrategy) signals bullish sentiment from the institutional side even with the ongoing Iran conflict. Why it matters The $80,000 market trades $105,235…

BTC Binance Inflows Drop As Coinbase Activity Rises

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Bitcoin (BTC) mid-size wallet inflows to Binance fell to 3,000–4,000 BTC, marking a multi-year low in sell-side activity from this cohort. This coincides with Coinbase recording about 8,500 BTC in inflows from similar wallets on April 19, while other exchanges saw much smaller flows. Binance exchange Bitcoin inflows have also fallen to 2023 levels, but how is this significant to today’s market? Binance BTC inflows cool sharply to 2023 levels CryptoQuant data classifies mid-size wallets as the entities holding roughly 100–1,000 BTC, often linked to active traders and smaller institutions.…

Bitcoin Price May Go Under $70K Despite Strategy’s Latest Big BTC Buy

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Bitcoin (BTC) rose 2.66% to around $75,800 on Monday after Strategy disclosed a $2.54 billion purchase, the company’s third biggest ever, and equivalent to about 2.5 months of new BTC supply. However, several indicators suggest the rally may fizzle out. BTC/USD daily chart. Source: TradingView Key takeaways: Poor macro conditions can spark BTC price pullback if Strategy’s buying slows. Bitcoin’s technical setup hints at a potential dip toward $67,000–$69,000. Strategy may halt BTC purchases this week Strategy funded most of its latest 34,164 BTC purchase through its preferred stock, Stretch…

Bitcoin Bulls Fight on as BTC Rebounds Despite US-Iran Tensions

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Bitcoin (BTC) erased losses after Monday’s Wall Street open as markets largely shrugged off the return of the US-Iran war. Key points: Bitcoin joins stocks in a muted reaction to the latest US-Iran deterioration and closure of the Strait of Hormuz. BTC price manages to top 2.5% daily upside despite the lack of resolution. Analysis warns that Bitcoin market strength is begin driven by Strategy and speculators. Markets avoid volatility as BTC price stays green Data from TradingView showed 2.5% daily gains for BTC/USD, which had closed the week below…

Saylor’s Strategy Boosts Bitcoin Holdings Past 815,000 BTC

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Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has blasted past 800,000 BTC in total holdings after announcing its latest purchases. Strategy acquired 34,164 Bitcoin (BTC) for $2.54 billion between April 13 and 19, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The buy ranks as Strategy’s third-largest Bitcoin acquisition on record by coin count, behind purchases of 55,500 BTC and 51,780 BTC in November 2024. Holding around 780,897 BTC after a $1 billion purchase just a week ago, the company now holds…

These Classic Bitcoin Metrics Forecast a ‘Big Move’ Ahead in BTC Price

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Bitcoin (BTC) has recovered 25% from its multi-year low below $60,000, with momentum indicators flashing rare “buy” signals. Key takeaways: Bitcoin’s MACD and RSI indicators forecast a sharp BTC price rally in the coming days. Bitcoin price must reclaim $78,000 in the coming days to sustain upward momentum. Bitcoin’s MACD, RSI confirm “bull market is on” Data from TradingView showed BTC/USD trading at $75,300, 4% below its 10-week high of $78,380 reached on Friday.  Despite this pullback, fueled by uncertainties over the US and Israel-Iran war, price indicators hinted at…

Crypto Funds Post $1.4B Inflows as BTC Almost Touches $78K

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Cryptocurrency investment products logged another week of strong inflows on ceasefire optimism and a Bitcoin price breakout driving investor sentiment. Crypto exchange-traded products (ETPs) posted $1.4 billion in inflows last week, beating the prior week’s $1.1 billion and marking the second-largest weekly inflows since January, CoinShares reported on Monday. Following the three-week inflow streak totaling $2.7 billion, crypto ETPs now have net year-to-date inflows of around $3.8 billion, with assets under management (AUM) at $154.8 billion — the highest level since early February after dipping to as low as $128…