THE LATEST CRYPTO NEWS

RLinda, a TradingView crypto analyst who predicted Bitcoin’s previous crash from $91,000, has shared another bearish forecast for the pioneer cryptocurrency. According to the analyst, more pain may be on the horizon for Bitcoin, as it is expected to plummet as low as $73,000.  Bitcoin is currently struggling to maintain its former momentum as bearish factors dominate the market. According to RLinda, the cryptocurrency has entered a sell zone after failing to hold above the buying zone above $91,000, thus initiating a false resistance breakdown. Given its current bearish position, the analyst predicts a major crash to new lows for Bitcoin, anticipating an 11% decline to $73,000 soon. Bitcoin Price Set To Crash To $73,000 RLinda revealed that the market’s volatility was partially attributed to Donald Trump’s comments on the Federal Reserve. The market reacted to the US President’s statements with a global shake-up, causing liquidations across the crypto space.  Related Reading: Bitcoin 9-Month Cycle Says It’s Not Over, Analyst Shows Where We Are In The Bull Run Additionally, the crypto summit, which was expected to spark bullish sentiment, did little to boost prices. Instead, it prevented the market from turning green. This market downturn has led to profit-taking by investors due to the lack of market and manipulation by big players.  Based on the analyst’s price chart, Bitcoin is trading within the $90,000 – $82,000 range. The cryptocurrency dropped to this price after experiencing a slight price pump in late February. Following this increase, Bitcoin lost all of its gains and has since been aiming for a recovery.  RLinda warns that if Bitcoin breaks below the $82,000 support level, it could experience a significant price breakdown towards $78,000 – $73,000. The TradingView analyst has highlighted $73,000 as the primary crash target, citing that Bitcoin is currently in a deep correction phase.  With global growth temporarily suspended, RLinda revealed that the market is in dire need of liquidity. The analyst indicated that if the market’s growth relies too much on bullish leverage and new buyers without proper correction, it may become unstable. A correction phase, like the one Bitcoin is currently experiencing, may allow liquidity to reset and prepare the market for future upward movements.  BTC Key Resistance And Support Zones  RLinda has pinpointed key resistance and support levels for the Bitcoin price, sharing insights into potential reversal points. The TradingView analyst asserts that the price zone with the most interest and liquidity is $73,000 – $66,000.  Related Reading: Legendary Analyst Peter Brandt Lists 6 Reasons Bitcoin Has Flipped Bullish While a breakdown to $66,000 may seem like a steep decline, it could serve as a critical area for market stabilization. Moreover, further bearish movements would be confirmed if Bitcoin drops below $82,000. Currently, the resistance levels to watch are $89,400, $91,000, and $93,000. Conversely, the support areas to take note of are $82,000, $78,000, and $73,000. Featured image from Unsplash, chart from Tradingview.com

Bitcoin’s price endured another bout of volatility over the weekend, shedding 5% on Sunday to dip below the $80,000 mark, before settling near $82,000. This latest decline places the cryptocurrency roughly 25% below its all-time high of $109,900. Analysts attribute the downturn to ongoing trade tensions—linked to President Donald Trump’s latest tariff measures—and the fears of a looming recession. Meanwhile, a weakening US Dollar Index (DXY), which has fallen from 110 to 103 since mid-January, coinciding with Trump’s second term in office and could be a potential bullish catalyst for the Bitcoin price. In a series of posts on X, Jamie Coutts, Chief Crypto Analyst at Realvision, offers a look at the current market environment, highlighting two key metrics that could shape central bank policy—and, by extension, Bitcoin’s trajectory. “Bitcoin is like playing a game of Chicken with central banks,” Coutts writes. Related Reading: This Bitcoin Signal Aligns With Price Tops, CryptoQuant Analyst Reveals He explained that while the dollar’s recent decline supports a bullish framework for Bitcoin, rising Treasury bond volatility (tracked by the MOVE Index) and widening corporate bond spreads are causing concern: Coutts emphasized the role of US Treasuries as the global collateral asset. Any spike in their volatility, he argued, forces lenders to impose larger haircuts on collateral, tightening liquidity. “Rising volatility forces lenders to apply haircuts on collateral, thereby tightening liquidity. […] Above 110 [on the MOVE Index] and I suspect there will be a few concerns at the central planner levels.” Over the past three weeks, US investment-grade corporate bond spreads have been widening, a shift Coutts views as a signal that risk assets—including Bitcoin—could face pressure: “This suggests that the demand keeping yields compressed relative to Treasuries is fading—and further widening could be negative for risk assets.” Despite these cautionary flags, Coutts remains optimistic about Bitcoin’s medium-term prospects, primarily due to the dollar’s “rapid decline.” He noted that the dollar’s drop in March—one of the most significant monthly dips in 12 years—historically has coincided with bullish inflection points in Bitcoin’s price. According to his research, “They have all occurred at Bitcoin bear market troughs (inflection points) or mid-cycle bull markets (trend continuations).” Related Reading: If This Happens, Bitcoin Price Will Shoot To $140,000, Says Analyst While acknowledging the limited historical dataset for Bitcoin, Coutts also cited key catalysts he believes could propel the digital asset higher: Nation-State Adoption: “A global nation-state race is underway,” Coutts wrote, describing a scenario in which countries either include Bitcoin in their strategic reserves or ramp up mining efforts. Corporate Accumulation: He points to the possibility of companies—particularly Strategy (MSTR)—adding 100,000 to 200,000 BTC this year. ETF Positions: Exchange-traded funds may “double their positions,” further driving institutional inflows. Liquidity Dynamics: In Coutts’s words, “The Spice Must Flow.” Coutts also mentioned that Bitcoin appears to be “filling a big gap” and reiterated his view that a slide below the high-$70,000 range would signal a fundamental market shift. Meanwhile, he sees central bankers edging closer to possible intervention as Treasury volatility and credit spreads climb: “If Treasury volatility and bond spreads keep rising, asset prices will continue their decline. Meanwhile, this will likely push the central planners to act.” In closing, Coutts offered a concise summary of why he believes Bitcoin is effectively locked in a showdown with central banks: “Think of Bitcoin as a high-stakes game of chicken with the central planners. With their options dwindling—and assuming HODLers remain unleveraged—the odds are increasingly in the Bitcoin owner’s favor.” For now, the world’s largest cryptocurrency appears to be treading a line between macroeconomic headwinds—highlighted by a volatile bond market—and the tailwinds of a weakening dollar. Whether Bitcoin continues to retreat or resumes its long-term ascent will likely depend on how global policymakers respond to mounting bond market pressures—and whether holders are prepared to keep playing “chicken” with the central planners. At press time, BTC traded at $82,091. Featured image created with DALL.E, chart from TradingView.com

Bitcoin has extended its decline below $90,000 as on-chain data shows whales selling off in massive amounts. This price decline comes amidst the otherwise bullish news of Donald Trump signing an executive order for a Strategic Bitcoin Reserve (SBR). The lack of bullish momentum despite this has brought into play the possibility of an extended bearish move from here.  A well-known crypto analyst, Doctor Profit, has raised alarms about an impending major correction in Bitcoin’s price. In a detailed post on social media platform X, he outlined his reasons for this shift, arguing that the current market conditions signal the start of the first large Bitcoin correction of this cycle. Strategic Bitcoin Reserve: A Misinterpreted Narrative? Popular crypto analyst Doctor Profit revealed that he is selling a significant portion of his holdings and entering short positions. Notably, the analyst pointed to the recent news surrounding the Strategic Bitcoin Reserve as a key factor that led him to reevaluate his bullish stance. He emphasized that while retail investors see this as a game-changing development, large players and whale investors have already priced in the impact.  Related Reading: Legendary Analyst Peter Brandt Lists 6 Reasons Bitcoin Has Flipped Bullish Many crypto investors expected an accumulation of Bitcoin by the US government in order to strengthen the reserve. However, instead of the expected ensuing buying pressure on Bitcoin, the executive order focused on Bitcoin confiscated from previous seizures, which left bullish investors underwhelmed.  According to Doctor Profit, the decision to sign off on this policy earlier than anticipated signaled a shift in market dynamics. His expectation was that this move would materialize months later, allowing Bitcoin’s price to sustain upward momentum before the first significant correction. Instead, he now sees this as the primer for a long-term decline. Is This The Beginning Of Bitcoin’s First Big Correction? Price Levels To Warch Doctor Profit firmly believes that Bitcoin has yet to experience a proper correction in this cycle, noting bull market trends where the asset has seen at least one 40-50% drop before reaching new all-time highs. He sees the recent developments as the final push before a 40% to 50% decline. As such, the analyst noted that this is the ideal window for distributing sell orders and entering short positions. Related Reading: Inverse Head And Shoulders Breakout Suggests Bitcoin Price Is Headed To $300,000 His outlook suggests a retracement to as low as $50,000–$60,000 before Bitcoin resumes its long-term bullish trajectory. Breaking down his trading strategy, he disclosed that he has already sold 50% of his Bitcoin holdings, which he accumulated at $16,000. He has placed short orders within the $90,000–$102,000 range, with target profits set at $74,000 for the first take-profit level, followed by a complete exit in the $50,000–$60,000 region and a full buyback to double holdings. Despite his short-term bearish outlook, the analyst maintains that Bitcoin will eventually rally to new highs in the $120,000–$130,000 range.  At the time of writing, Bitcoin is trading at $86,530. Featured image from Unsplash, chart from Tradingview.com

Bitcoin is making an effort to stage a comeback after dipping to $85,211, but a lack of strong momentum is casting doubt on the recovery. While buyers are attempting to regain control, technical indicators suggest that bullish strength remains fragile, raising concerns about whether BTC can sustain its rebound or face another pullback. With key resistance levels ahead and market sentiment still uncertain, Bitcoin’s next move remains unpredictable. If buyers fail to build enough momentum, BTC could struggle to push higher, leaving it vulnerable to renewed selling pressure.  Bitcoin Tries To Bounce Back BTC’s current price action indicates that bulls are making an effort to stage a rebound from the $85,211 support level after a sharp decline. This attempt follows a period of strong bearish pressure, which intensified when Bitcoin faced heavy resistance at $93,257 and failed to move upward.   Related Reading: Bitcoin Price Attempts a Comeback—Is a Recovery Rally on the Horizon? Despite some signs of stabilization, technical indicators suggest that bullish momentum remains weak. The lack of strong buying pressure raises concerns about whether BTC can maintain its current attempt at a rebound or if another downturn is imminent. Additionally, the price remains below the 100-day Simple Moving Average (SMA), signaling that bears still dominate the market. Furthermore, the MACD line and the signal line are edging lower, hinting at a possible decline in bullish momentum. If both lines continue downward and cross into negative territory, it could signal a shift in trend favoring the bears. This weakening performance suggests that buying pressure is not strong enough to sustain a meaningful recovery, increasing the risk of further downside.  A confirmed bearish crossover might reinforce selling dominance, making it difficult for BTC to regain an uptrend. For the bulls to regain control, a surge in buying activity is needed to push the MACD indicators back into a positive trend. Traders should watch key support and resistance levels closely for confirmation of the next trend direction Potential Scenarios: Rebound Or Another Leg Down? If bulls successfully defend the $85,211 support level, Bitcoin could stage a relief rally, driving prices toward the immediate resistance at $93,257. A decisive break above this critical level could open the door for a stronger bullish push, propelling BTC toward $100,000. Such a move would restore market confidence and attract more buyers, increasing the likelihood of continued upside expansion. Related Reading: Bitcoin Reclaims $90K But This Indicator Signals Possible Consolidation Phase However, once Bitcoin fails to gain momentum, a drop below $85,211 may accelerate losses. In this case, BTC might test lower support levels, possibly around $73,919 or even $65,082, before finding stability. Featured image from Unsplash, chart from Tradingview.com

In a newly published chart, Elliott Wave specialist and crypto analyst Big Mike (@Michael_EWpro) outlines a precise roadmap for Bitcoin’s price action, indicating that a break above $95,000—or a bounce from lower support near $72,895—could propel BTC toward the $130,000–$140,000 region. His analysis builds on detailed wave counts, multiple Fibonacci extension targets, and critical moving averages, offering a granular look at the BTC’s near- and mid-term possibilities. What’s Next For Bitcoin? Big Mike’s chart displays a complex Elliott Wave structure consisting of five main impulse waves and interspersed corrective sub-waves. A key area labeled near $72,895 corresponds to wave (c)(iv), representing a major potential bottom if the market breaks below $78,000 and continues lower. Notable corrective waves around $85,000 to $95,000 appear to have formed a larger consolidation phase, which he regards as a precursor to the next directional move. The chart also pinpoints an upside pathway from roughly $95,000, projecting impulse waves (3), (4), and (5) that extend into the $100,000–$140,000 zone. Related Reading: Historic Bitcoin Buy Signal: DXY’s Collapse Signals A Bigger Bull Run Fibonacci extension targets appear at approximately $114,693 (1.618 extension) which could be the target for wave (3), followed by a corrective move to $102,000 before starting wave 5 which aims for $137,727 (2.618 extension), or even a final leg near $150,000 aligns with wave c(3). Moving averages in the $72,000–$90,000 range underscore the significance of support near $78,000–$72,895, while an upper band around $90,000–$95,000 represents a crucial resistance corridor. The analyst observes a descending wedge formation from mid-February to early March, spanning $95,000 down to $85,000, and notes that an upside breakout could herald a renewed push into six-figure territory. Related Reading: This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says Volume profiles indicate subdued participation during recent corrective phases, alongside a neutral Stochastic RSI reading that suggests momentum could shift decisively depending on which price threshold gives way first. Big Mike emphasizes two critical lines in the sand: “BTC above $95k will trigger the move quickly towards my target of $130-$140k. Below $78k and we test $72k, then run to $140k.” From his perspective, both a direct break above $95,000 and a deeper dip to $72,895 ultimately converge on the same upside target near $130,000–$140,000. At press time, BTC traded at $90,053. Featured image created with DALL.E, chart from TradingView.com

The recent Bitcoin price crash below $90,000 came as a shock to the broader crypto community, especially amid expectations of a continued bull market rally. Despite the volatility and ongoing declines, a crypto analyst projects an even greater crash, suggesting that Bitcoin could fall as low as $63,000 if a certain resistance level holds.  TradingView crypto analyst Alixjey has declared that the Bitcoin price must break past $99,500 to continue moving higher. He highlights that if this resistance holds and Bitcoin fails to break it, the pioneer cryptocurrency will likely face a steeper price decline to new lows of $63,000. The last time Bitcoin was around the $60,000 range was during its massive price rally in 2024 after the launch of Spot Bitcoin ETFs. Considering that Bitcoin has risen as high as $104,000 at one point this year, a crash toward $60,000 would be a devastating blow to investors and its market.  Bitcoin Price Crash Imminent  The TradingView analyst shared a chart suggesting that Bitcoin could rise as high as $106,000 or drop toward the $60,000 to $65,000 range if it fails to break resistance. This price drop is highlighted as a strong buying and accumulation opportunity for long-term investors, as it presents a low entry point into the market. Related Reading: Bitcoin 77% Correction To $25,000, Will History Repeat Itself  During its price highs, many retail investors were likely unable to buy Bitcoin due to its increasing cost. Most accumulations were from whales who had purchased millions of dollars worth of Bitcoin in one swoop.  Alixjey has also labeled his projected $60,000 – $65,000 downturn as the last chance to re-enter the Bitcoin market, emphasizing that it was a prime HODLing point for potential profits in Q3 and Q4 of 2025. This implies that the analyst anticipates a price rebound in Bitcoin later in the year.  Moving on, the TradingView expert highlighted two liquidity levels in the 4-hour timeframe that are likely to be cleared soon. He also acknowledged that he was solely bearish on Bitcoin’s price outlook, indicating that his projected short-term pullback will not be invalidated unless the cryptocurrency crosses the resistance between $94,000 and $98,000. Other factors that could contribute to Bitcoin’s already heightened volatility are the Non-Farm Payroll (NFP) data. AlixJey predicts that once released, this data could lead to high volatility in both stocks and crypto. He urges investors and traders to be cautious, as major economic reports often influence market movements.  Analyst Sees Upside Potential After BTC Crashes Due to Bitcoin’s recent declines, many analysts have shared bearish projections of the cryptocurrency, expecting a severe price correction before a potential recovery. One such analyst is Herbert Sim, the Chief Marketing Officer (CMO) of AICean. Related Reading: Bitcoin Price Suffers Bearish Deviation After Filling CME Gap, Is This Good Or Bad? Sim projects that Bitcoin will crash to new lows, especially with the recent approval of a crypto reserve in the United States (US). He expects a crash to $40,000 but highlights that it will be short-lived, spanning from weeks, months, and possibly years. However, the AICean CMO suggested that investors who can HODL for the long-term are likely to see more profits once BTC rebounds from bearish trends. Featured image from Adobe Stock, chart from Tradingview.com

This week, the US Dollar Index (DXY) has recorded one of its largest three-day negative performances in recent history. Since Monday, the DXY is down -5.4%, falling from 109.881 to 103.967—an event some market observers interpret as a bullish inflection point for Bitcoin. Jamie Coutts, Chief Crypto Analyst at Real Vision, has drawn on historical comparisons to argue that the steep DXY decline could portend a significant upswing in the world’s largest cryptocurrency by market capitalization. DXY’s Historic Drop Signals A Major Bitcoin Rally Coutts presented the findings of two historical backtests on X, detailing how similar DXY drops have coincided with pivotal moments in Bitcoin’s price cycles. He wrote: “When looking at this recent move in the DXY through a historical lens, it’s challenging to be anything but bullish. I ran a signal screen for 3-day negative moves of more than -2% & -2.5% and found they have all occurred at Bitcoin bear market troughs (inflection points) or mid-cycle bull markets (trend continuations).” Although the statistical significance is limited by Bitcoin’s relatively short trading history, Coutts underscored that these data points are nonetheless worth considering. Related Reading: This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says In his first backtest covering DXY declines of more than -2.5%, Coutts found such a scenario on eight occasions since 2013. Over a 90-day period following those declines, Bitcoin rose every single time, giving it a perfect 100% win rate. The average return was +37%, which would translate to an estimated BTC price of around $123,000, while a move of one standard deviation above that average reached +63% (approximately $146,000 BTC). Even in the worst instance, Bitcoin still managed to gain 14%, putting it around $102,000 BTC. In his second backtest focusing on DXY declines of more than -2.0%, there were 18 such occurrences since 2013, and Bitcoin was up 17 out of those 18 times for a 94% win rate. The average 90-day return stood at +31.6%, close to $118,000 BTC, while a one standard deviation move was +57.8% (around $141,000 BTC). The worst 90-day return after such a DXY drop was -14.6% (approximately $76,500 BTC). Related Reading: US To Buy 1 Million Bitcoin For Reserves, Hints Michael Saylor Acknowledging that these backtests cannot offer guarantees, Coutts stated, “I made a bold call yesterday about new highs by May. I try to base projections on robust data points. Ofc this time might be different. Let’s see.” Analysts often view a declining DXY as a sign of improving risk appetite in global markets, which can favor alternative stores of value and risk assets, including Bitcoin and other cryptocurrencies. The US Dollar Index’s abrupt retreat comes on the heels of regulatory concerns and a challenging February for Bitcoin, yet Coutts maintains that the larger trend looks remarkably similar to historical points of resurgence. He also noted in a post from the previous day: “Don’t think people understand the significance of the DXY move in the past 3 days and what it means for Bitcoin. […] The DXY saw its 4th largest negative 3-day move—massively liquidity-positive. Just as Bitcoin nuked and had its worst Feb in a decade. Meanwhile, in altcoin land, the Top 200 crypto index puked one more time. The chart shows that 365 days of New Lows hit 47%, a hallmark of capitulation in a bull cycle. The stage is set for a new all-time high in Bitcoin and Top 200 aggregate market cap by May.” At press time, BTC traded at $88,404. Featured image created with DALL.E, chart from TradingView.com

Crypto analyst Master Ananda has asserted that the bottom is in for the Bitcoin price following its massive crash below $80,000 last week. In line with this, the analyst revealed what to expect next from the flagship crypto.  Bitcoin Price Action Shows Bottom Is In  In a TradingView post, Master Ananda claimed that the bottom is in based on the current Bitcoin price action. He stated that last week’s drop, touch-and-go, is the perfect bottom signal. The analyst further remarked that $78,300 can be taken as the bottom, which represents a 28% decline from BTC’s all-time high (ATH) of $109,000.  Related Reading: Bitcoin Flag Pole Pattern Puts Price At $120,000, Analyst Explains The Roadmap Master Ananda also noted that this was a classic retrace, as there always is one after a strong bullish breakout. He explained that this classic retrace is good for the Bitcoin price because the flagship crypto will take its time to build up strength. The analyst added that taking time to grow is good, and is the only way it can work if BTC is to move higher in the long term. Meanwhile, as to what is next for the Bitcoin price, the crypto analyst stated that on average, daily price increases of $500 or $800 can reveal how long it will take to reach higher prices and higher levels in the coming months. Master Ananda then suggested that the flagship crypto could reach $200,000 next month.  Master Ananada then advised market participants to buy and hold seeing as the low is in for the Bitcoin price. He added that the market is giving a second opportunity, as market participants have the chance to buy at relatively low prices. The crypto analyst also mentioned that BTC is in an accumulation phase and asserted that it will go up and continue to grow in the long-term.  BTC Regaining Momentum Crypto analyst Titan of Crypto also affirmed that the Bitcoin price is regaining momentum. He noted that BTC has reacted strongly to the Kijun acting as support on the weekly chart. The analyst added that a weekly close above the Tenkan at around $94,000 would confirm a shift in momentum and reinforce the bullish case for the flagship crypto.  Related Reading: Bitcoin Price At The End Of The Bull Market? Analyst Shows Where We Are In The Cycle Meanwhile, in another X post, the analyst asserted that the Bitcoin bull market is still on. He claimed that there was no bear market in sight according to the Supertrend indicator. As such, the analyst believes that it is not yet time to be bearish. His accompanying chart suggested that the Bitcoin price could still rally to above $200,000 before the bear market kicks in.  At the time of writing, the Bitcoin price is trading at around $92,000, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from LinkedIn, chart from Tradingview.com

MicroStrategy founder and executive chairman Michael Saylor suggested that the United States might purchase one million Bitcoin for its strategic reserves. His remarks came during an interview with FOX Business ahead of Friday’s White House Crypto Summit, to be hosted by US President Donald Trump. Saylor, whose company is widely known for its significant Bitcoin holdings, confirmed that MicroStrategy owns approximately 500,000 of the digital tokens, accounting for “about 2.4% of the worldwide supply.” He is one of several crypto-industry figures expected to join the presidential roundtable that will advise the administration on digital asset policy. Will Trump Buy 1 Million Bitcoin? When asked how the government would finance such a large crypto reserve, Saylor pointed to a deliberate, multi-year timeline, referencing a “six-month process” set out by the recent executive order. He added: “There are 12 members on the presidential working committee. There’ll be involvement from the industry. There’ll be involvement from the Senate and from the house and I and it’s above my pay grade to decide how it is determined.” Related Reading: Bitcoin’s ‘KISS Of Death’? Arthur Hayes Warns Of Recession Before Surge According to Saylor, “the longest bill [by Senator Lummis] has laid out the idea of acquiring Bitcoin strategically over four years, just consistently day by day in order to reach a million Bitcoin target.” Currently, the US government is believed to hold 200,000 BTC—worth an estimated $17 billion at today’s prices. Should it proceed with additional large-scale purchasing, the effect on the price of Bitcoin could be considerable. However, Saylor argued that the most “responsible” approach would be “to go slow and steady and deliberate with clear telegraphing and transparency” rather than making abrupt acquisitions that could roil the market. Central to Saylor’s stance is the classification of Bitcoin as “digital property,” an asset without a central issuer. “The real key about Bitcoin is for people to understand that it’s a digital property. It’s a savings account that empowers every single American to save their wealth and preserve it over time,” Saylor explained. He emphasized that if the US government provides clarity around this status, it could instill greater confidence in citizens to consider cryptocurrencies a legitimate savings vehicle. Related Reading: Bitcoin Price Suffers Bearish Deviation After Filling CME Gap, Is This Good Or Bad? In discussing whether taxpayer money should be used to purchase Bitcoin, Saylor drew a distinction between different digital assets. While Bitcoin (as a “digital commodity”) is, in his view, well-suited for strategic reserves, he also acknowledged the importance of digital currencies (stablecoins), tokenized securities (for capital efficiency), and token-based utility projects. Nevertheless, he singled out Bitcoin as the prime candidate for a national reserve, calling it “the one universally agreed-upon foundational asset in the entire crypto economy.” ???????? MICHAEL SAYLOR HINTS THE USA WILL BUY 1 MILLION #BITCOIN FOR ITS RESERVE ???? IT’S HAPPENING ???? pic.twitter.com/jr73piPfNY — Vivek⚡️ (@Vivek4real_) March 5, 2025 Saylor also addressed skeptics who question the rationale for a national Bitcoin reserve compared to more traditional strategic reserves such as oil or medical supplies. He compared Bitcoin to property, invoking a historical analogy: “We bought 75% of this nation with about 40 million dollars […] We bought Louisiana. We bought California. We bought Texas. We bought Alaska. It’s property. If you think of Bitcoin as property in cyberspace and you say where is all the money in the world headed? Well, it’s headed from foreign countries […] It wants to go from the physical world to the digital world.” For those concerned about the fundamental ethos of Bitcoin as a decentralized asset with no government involvement, Saylor insisted that official adoption need not contradict the cryptocurrency’s original design. “Satoshi gave us a process, a protocol for prosperity. That’s what we call Bitcoin,” he said. While early adopters may have favored minimal regulation, Saylor believes nation-states “interested in economic empowerment and prosperity” will inevitably follow individuals and corporations into the digital domain. At press time, BTC traded at $91,725. Featured image from YouTube, chart from TradingView.com

Renowned macro analyst and Real Vision founder Raoul Pal has issued a forecast that the ongoing Bitcoin bull market may stretch into 2026—well beyond most conventional expectations of a peak in 2025. In a recent presentation, Pal walked through a range of macroeconomic indicators, historical price behaviors, and liquidity metrics that he says paint a compelling picture for an extended uptrend in digital assets. Bitcoin Bull Market Depends On M2 At the heart of Pal’s thesis lies the notion of Global M2 money supply, a metric tracking the total liquidity in circulation worldwide. Pal observed that Bitcoin, along with other risk-on assets, tends to correlate closely with changes in Global M2. “If this is the case, then M2 is going to keep going up all f***ing year. If that is the case, then crypto and risk assets like tech will do well all year.” By comparing current liquidity trends to those seen in 2017—when the dollar weakened considerably and equity markets soared in US President Donald Trump’s first term—Pal argues that the macro backdrop appears similarly poised for expansion. According to him, if major economies continue easing, it may drive the next phase of explosive crypto growth. Related Reading: Inverse Head And Shoulders Breakout Suggests Bitcoin Price Is Headed To $300,000 Pal’s thesis revolves around the impact of global liquidity, particularly the role of Global M2 money supply as a leading indicator for Bitcoin and risk assets. He presented a correlation between Global M2 growth and crypto market performance, stating: “If this is the case, then M2 is going to keep going up all f***ing year. If that is the case, then crypto and risk assets like tech will do well all year.” His analysis draws parallels to 2017, when Trump’s fiscal policies and monetary easing led to a prolonged period of dollar weakness, which fueled the crypto cycle. Similar conditions are unfolding now, with expectations of rate cuts and stimulus measures. A crucial factor in Pal’s extended bull market thesis is the business cycle, which he tracks through the Institute for Supply Management (ISM) Manufacturing Index. Historically, an ISM reading above 50 signals economic expansion, which correlates with Bitcoin’s price surges. He noted: “Bitcoin goes up as the ISM goes up […] If the ISM gets up to its normal cycle peak of somewhere between 56 and 65, that will give us the magnitude of the rise in Bitcoin.” Pal suggested that if ISM continues its upward trajectory, Bitcoin’s price could exceed $300,000 or higher. However, he refrained from making precise forecasts, emphasizing that probabilities, not certainties, drive market analysis. Addressing the altcoin market, Pal maintained that Solana (SOL) and Ethereum (ETH) remain key components of his portfolio. Despite Solana’s recent drawdown of over 53%, he dismissed fears of a long-term decline: “Solana has overshot versus global M2 […]Solana should outperform Bitcoin for the rest of the cycle and Ethereum too, with Sui outperforming Solana.” His broader view on altcoins is based on risk appetite shifts as financial conditions ease. Historically, altcoins outperform Bitcoin in the latter half of the cycle when investors seek higher-beta opportunities. Pal criticized the notion that there will be no altcoin season in this cycle, stating, “That’s all f****ing nonsense.” Related Reading: Bitcoin’s ‘KISS Of Death’? Arthur Hayes Warns Of Recession Before Surge Pal emphasized that large pullbacks are a feature, not a bug of crypto bull markets. He detailed past corrections, pointing out that the current cycle has seen seven 20%+ corrections while maintaining a 600% gain from the lows. He warned traders against leverage and panic selling, reinforcing his “Don’t F* This Up**” thesis: “To make the money, to unf*** your future, you’re going to have to learn to deal with volatility.” He compared the current correction to 2017, which saw multiple 30-40% pullbacks before peaking. Bitcoin’s Relative Strength Index (RSI) also indicates that the market is the second most oversold in this cycle, suggesting a potential recovery in the coming months. Extending The Cycle To 2026 One of Pal’s most striking assertions is that the current cycle could extend into 2026 rather than peaking in 2025, as many analysts have projected. His reasoning is based on the prolonged period of economic stagnation before growth acceleration. He stated: “The business cycle is taking a long time below 50. It’s starting to expand now. That has probably extended the cycle into 2026.” While he clarified that this is not a prediction but a working hypothesis, the implications could be significant. A longer cycle would allow for higher valuations, a sustained investment influx, and a gradual rather than explosive blow-off top. Pal reiterated that the crypto market follows a predictable pattern, with a year-long “banana zone” of exponential growth. He noted that the current correction phase aligns with past cycles and should lead to a renewed rally by April-May. “We are now in correction phase one […] Then as we go into March, April, May, we start accelerating up again into the next phase of the banana zone.” However, he warned that investors should expect another major correction before the final market top, cautioning against overleveraging and late-cycle exuberance. Summarizing his outlook, Pal urged investors to maintain perspective and resist emotional trading. He emphasized the importance of long-term vision, proper portfolio construction, and patience: “You guys need patience more than anything else and need to understand markets […] Our futures are resting on the same thing.” At press time, BTC traded at $88,617. Featured image created with DALL.E, chart from TradingView.com

The Bitcoin price is struggling to recover from recent declines, as the market downtrend has kept it significantly below the $100,000 mark. Amidst this volatility, Bitcoin is experiencing a bearish deviation that is filling a new Chicago Mercantile (CME) Gap. This has triggered a fresh prediction from a crypto analyst who believes that the pioneer cryptocurrency is set for a higher high. Bitcoin Price To Form Higher Low As CME Gap Fills Crypto analyst Rekt Capital took to X (formerly Twitter) on Monday to share his projected outlook for the Bitcoin price. The analyst highlighted that Bitcoin is currently undergoing a bearish deviation, which is filling a massive gap on the CME futures chart. Related Reading: Crypto Pundit Who Correctly Called The Bitcoin Price Surge From $15,400 To $100,000 Reveals What’s Next CME gaps are disparities between closing and opening prices in the Bitcoin futures market. They appear when Bitcoin’s price moves as the exchanges close over the weekend and reopen on weekdays. Over the past few days, Bitcoin has been filling its new CME gap amidst the broader market downturn. This downward move was expected, as the Bitcoin price often gravitates toward unfilled CME gaps before resuming regular activity. Despite Bitcoin’s present bearish deviation, Rekt Capital believes that the downtrend could present an opportunity for the market to form new higher lows. The analyst shared two charts, with one revealing several resistance and support zones for the Bitcoin price. The orange and yellow boxes in the chart suggest strong support areas where Bitcoin has historically bounced, while the blue boxes highlight past resistance areas. In the second chart, Rekt Capital showcases repeated breakout patterns, where BTC consolidates and then initiates a surge. If the cryptocurrency can make the expected higher low above last week’s low, this could confirm that Bitcoin’s broader uptrend may still be intact. Conversely, if it fails to hold above support levels and declines again, the market may see a more resounding crash, potentially triggering sell-offs and exacerbating the bearish trend.  Analyst Foresees A Move Towards $95,000 Not too long ago, Bitcoin shocked the market, skyrocketing by more than 9% in one day and surging back above the $90,000 mark. According to X crypto analyst Jelle, this massive price surge was the higher low the market was anticipating. Related Reading: Analyst Reveals When Bitcoin Price Will Reach $180,000 The analyst suggests that the surge has paved the way for BTC to build a more solid base and slowly make its way toward the $95,000 mark. While the price of BTC currently trades at $87,596 and faces bearish pressures that have triggered multiple price crashes, Jelle believes that the cryptocurrency can overturn bearish conditions and initiate a recovery.  As of this writing, it appears Bitcoin may be slowly recovering from the bears. The cryptocurrency has surged by 5.3% in one day, and its market capitalization is also up by the same amount despite its declining trading volume. Featured image from Unsplash, chart from Tradingview.com

The Bitcoin price action is showing strong bullish signals, as a rare Inverse Head and Shoulder pattern has just broken out and retested its neckline. This technical setup suggests that Bitcoin could be gearing up for a mega rally to $300,000 soon. Analyst Forecasts Bitcoin Price Reversal On Monday, crypto analyst Gert van Lagen took to X (formerly Twitter) to forecast an imminent Bitcoin price surge to $300,000. The analyst presented a detailed price chart depicting the formation of an Inverse Head and Shoulder pattern, showcasing its left shoulder, head, right shoulder, and neckline.  Related Reading: Bitcoin $166,000 Target Still In Play? The Extension That Determines Where Price Goes Next Based on his analysis on X, Lagen highlights that Bitcoin has successfully broken above the neckline of this technical pattern, confirming a possible bullish reversal. Specifically, the Inverse Head and Shoulder pattern is a classic technical indicator that signals a shift from a bearish trend to a bullish trend. The left shoulder of the pattern highlights a price decline followed by a temporary recovery. The head suggests a deep drop, marking the lowest point of the trend. The right shoulder indicates a smaller decline followed by a breakout above the neckline. Bitcoin broke above the pattern’s neckline around the $86,972 price point. Lagen has pointed out that a successful retest of this neckline could solidify Bitcoin’s bullish move. This is because, historically, once this pattern is confirmed, cryptocurrencies tend to witness significant upside momentum.  Based on the measured move of the Inverse Head and Shoulder, Lagen predicts that Bitcoin is on track to reach $300,000 this bull cycle. This would represent a whopping 258.4% increase from its current market price. The analyst also highlights a sell line between $340,000 and $380,000; here, traders are likely to exit or take profits.  Supporting this bullish outlook is a parabolic step-like formation on the Bitcoin price chart. Lagen revealed that this follows a series of formations from Base 1 to 4 before triggering an explosive price rally. Currently, Bitcoin has completed Base 3 and is entering its final parabolic phase. This technical formation aligns with the Elliott Wave theory that suggests that a strong Wave 5 could result in a significant price surge.  While the analyst is confident in his $300,000 Bitcoin price projection, he warns that it could be completely invalidated if BTC drops below $72,900 in the weekly timeframe. Furthermore, a break below this threshold could signal a deeper price correction and delay the rally. Update On BTC’s Price Analysis While analysts remain optimistic about Bitcoin’s future outlook, the cryptocurrency experiences bearish momentum. In just 24 hours, Bitcoin lost virtually all the price gains it had accumulated since President Donald Trump announced plans for a crypto reserve. Related Reading: Bitcoin Flag Pole Pattern Puts Price At $120,000, Analyst Explains The Roadmap The cryptocurrency was trading above $92,000 the previous day. However, Bitcoin has been down 9.18% in the last 24 hours and a whopping 16% over the past month, according to CoinMarketCap. This severe price decline has pushed the value of Bitcoin down to $83,699 as of writing. Featured image from Adobe Stock, chart from Tradingview.com

In a recent interview with CNBC, Michael Saylor, co-founder of Strategy, reiterated his bullish outlook on Bitcoin (BTC), predicting the cryptocurrency could reach a staggering $200 trillion market cap.  Saylor Forecasts $10 Million Per Bitcoin Currently valued at about $2 trillion, Saylor believes Bitcoin’s trajectory will see it grow to $20 trillion and eventually hit the $200 trillion mark, translating to an approximate price of $10 million per BTC based on its capped supply of 21 million coins. Saylor attributes this potential growth to a global shift in capital investment, stating, “That capital is coming from overseas… from China, from Russia, from Europe, from Africa, from Asia, from the 20th century to the 21st century.”  Related Reading: Ethereum Price Breaks Out—10% Surge Sparks Bullish Momentum His forecast comes against the backdrop of President Donald Trump’s recent announcement regarding the creation of a Crypto Strategic Reserve, which would include BTC alongside Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), which ignited a heated debate within financial and crypto circles. While Saylor acknowledges the appeal of a Bitcoin-only reserve, he supports Trump’s broader strategy that encompasses multiple cryptocurrencies. He emphasized, “There’s no way to interpret this other than this is bullish for Bitcoin and is bullish for the entire US crypto industry.”  Although some conservatives, such as Coinbase CEO Brian Armstrong and Gemini co-founder Tyler Winklevoss, have advocated for more restrictive, Bitcoin-centric policies, Saylor noted that the president’s approach allows for a more inclusive economic policy. Saylor Dismisses Volatility Concerns  When asked about his involvement with the White House, Saylor confirmed he has been in discussions with various lawmakers, both Democratic and Republican, as well as members of the Cabinet and administration.  “For the last four and a half years, I’ve been talking about Bitcoin to anybody, anywhere in the world, every day,” Michael Saylor stated during his interview, highlighting his commitment to promoting the cryptocurrency. Saylor argues that establishing a strategic Bitcoin reserve could provide the United States with significant economic advantages, including the potential to alleviate the national debt.  Saylor posits, “If the United States takes a position in the emerging crypto economy, if it buys up 10, 20% of the Bitcoin network, we’re going to pay off the national debt. And so why wouldn’t that be in the interest of the United States?” Related Reading: Dogecoin Will Start A Move To $4 If Current Demand Holds – Can Bulls Step In? Addressing concerns about Bitcoin’s notorious volatility, Saylor pointed to its historical long-term gains, asserting, “I don’t think anybody’s ever lost money in the Bitcoin network holding for four years. Presumably, you want to buy Bitcoin, you want to hold it for 100 years.” The proposal for a US Crypto Reserve is still in its infancy, and Saylor indicated that its success will depend heavily on legislative decisions made in the coming months.  “There are a dozen people on it: the head of the Treasury, the SEC, the CFTC, Commerce, the Attorney General, the President… both the Republicans and the Democrats,” he noted, emphasizing the diverse range of opinions that will influence the outcome. At the time of writing, BTC has found support at around $83,869 after posting losses of 7% and 6% over the past 24 hours and seven days, respectively. Featured image from DALL-E, chart from TradingView.com 

In his latest blog post, titled “KISS of Death,” former BitMEX CEO Arthur Hayes outlines a provocative thesis on the trajectory of Bitcoin and broader financial markets under the renewed presidency of Donald Trump. Hayes—who has long held bullish views on crypto—argues that a convergence of fiscal and monetary policies could catapult Bitcoin’s price to as high as $1 million during the Trump 2.0 era, but only after a period of recession-driven turmoil. Breaking Down Bitcoin’s “KISS Of Death” Hayes’s framework revolves around the “KISS” principle—Keep It Simple, Stupid—urging market participants to stay focused on the core driver of asset prices: liquidity. Rather than overreacting to sensational headlines, he contends that one should watch for shifts in the quantity and price of money (i.e., how much credit is created and at what interest rate). “One day, you buy and then quickly sell after digesting the next headline,” Hayes warns. “The market chops you in the process, and your stack quickly diminishes.” He recommends sticking to a simpler outlook: If the U.S. government prints significant amounts of money at lower rates, risk assets like Bitcoin can surge. Related Reading: Bitcoin Repeats Historic Pattern—Is a Breakout Toward $100K Next? A key premise of Hayes’s analysis is that President Trump, a “real estate showman” by background, will debt finance his “America First” agenda rather than embrace austerity. Hayes contrasts Trump with Andrew Mellon—Treasury Secretary under Herbert Hoover—who once allegedly declared: “Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate. It will purge the rottenness out of the system.” Hayes argues that such a stance would be political suicide for a president seeking to be viewed as the 21st-century Franklin D. Roosevelt rather than Hoover. As Hayes puts it, “Trump wants to be considered the greatest President ever” and is therefore inclined to loosen credit conditions rather than tighten them. Hayes highlights Trump’s unconventional maneuver to slash federal spending and potentially trigger a recession, thereby forcing the Federal Reserve to respond with rate cuts and fresh liquidity. The newly formed Department of Government Efficiency (DOGE), led by high-profile entrepreneur Elon Musk, is portrayed as an aggressive effort to expose fraud and reduce waste in government programs. Hayes cites DOGE’s claims that Social Security payments may be going out to deceased individuals or unverified identities, supposedly costing hundreds of billions—or even a trillion—dollars a year. “Trump and DOGE are firing hundreds of thousands of government employees,” Hayes notes, referencing media reports citing elevated jobless claims in the Washington, D.C., area. By cutting federal budgets so drastically and so quickly, Trump could—in Hayes’s words—“cause a recession or convince the market that one is right around the corner.” Related Reading: Bitcoin Sellers Incur Loss As SOPR Drops To 0.95 – A Sign Of Market Bottom? Once signs of recession appear, Hayes predicts Federal Reserve Chair Jerome Powell will have little choice but to cut rates, end quantitative tightening (QT), and potentially restart quantitative easing (QE) to avert a widespread financial crisis. Powell, whom Hayes dubs a “turncoat traitor” (a reference to the Fed’s past rate cut during Kamala Harris’s campaign), is nonetheless bound by the Fed’s mandate to maintain economic stability. Hayes points to $2.08 trillion in US corporate debt and $10 trillion in US Treasury debt that must roll over in 2025. If the economy slows, rolling that debt over at high interest rates becomes unfeasible. In that scenario, the Fed’s only salvation is fresh money creation and lower rates. Hayes calculates that a full Fed response—encompassing several policy shifts—could result in as much as $2.74 to $3.24 trillion in new liquidity: Dropping the Federal Funds Rate from 4.25% to 0% could be equivalent to roughly $1.7 trillion of money printing, according to Hayes’s estimates. Currently, the Fed conducts $60 billion per month in QT. If QT ends by April 2025, Hayes sees a $540 billion liquidity injection relative to prior expectations. Additional Treasury purchases by the Fed or US commercial banks (the latter aided by a relaxation of the Supplemental Leverage Ratio) might add another $500 billion to $1 trillion in dollar credit. He compares this to the $4 trillion in stimulus measures during the COVID-19 pandemic. Given that Bitcoin jumped roughly 24x from its 2020 lows to 2021 highs in response to that liquidity wave, Hayes says even a more conservative 10x multiple could be in play. “For those who ask how we get to $1 million in Bitcoin during the Trump presidency, this is how,” he proclaims, linking massive credit creation with a sharply higher BTC price. Despite his bullish long-term forecast, Hayes believes Bitcoin’s immediate outlook may be rocky. Hayes sees potential for Bitcoin to revisit the $70,000 to $80,000 range in the short-term—levels that are markedly above the prior cycle’s all-time high but still below the current market. “If Bitcoin leads the market on the downside, it will also do so on the upside,” Hayes writes, positing that BTC often bottoms out before traditional equities. He cites the significant run-up to $110,000 around mid-January (Trump’s inauguration timeline) followed by a pullback to $78,000 in late February. “Bitcoin is screaming that a liquidity crisis is nigh, even though the U.S. stock market indices are still near their all-time highs,” he notes. “I firmly believe we are still in a bull cycle, and as such, the bottom at worst will be the previous cycle’s all-time high of $70,000,” Hayes says, underscoring his conviction that any major dips are opportunities to accumulate rather than panic-sell. In Hayes’s view, the “Kiss of Death” is not about Bitcoin’s demise but about the outdated fiat system struggling to contain spiraling debt loads and political brinkmanship. He argues that the short-term chaos in traditional markets—triggered by DOGE-driven spending cuts and a hesitant Fed—will ultimately pave the way for a new round of monetary expansion. The bottom line? Hayes insists that staying focused on liquidity is the best strategy: “Let politicians do politician things, stay in your lane, and buy Bitcoin.” At press time, BTC traded at $83,725. Featured image from YouTube, chart from TradingView.com

Bitcoin surged past $95,000 during low-liquidity trading hours on Sunday after US President Donald Trump made a major announcement. The formation of a US Crypto Strategic Reserve, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), set the market ablaze with speculation. Many traders viewed this as a defining moment, one that could solidify crypto’s place in the U.S. financial system, while others remained wary, questioning whether the rally could sustain itself beyond the immediate reaction. Among those skeptical is QCP Capital. A Well-Timed Political Bitcoin Play? The timing of Trump’s announcement is difficult to ignore. Throughout the past week, risk assets faced mounting pressure as global markets reacted negatively to a series of economic and geopolitical developments. Trump’s newly imposed tariffs rattled investor confidence, while shaky Ukraine-Russia peace talks created additional uncertainty. Stock market volatility intensified, weighing heavily on sentiment across the financial sector. Related Reading: Bitcoin STH Average Cost Basis At $90,950 — Why Is It Relevant? Bitcoin broke below its multi-month range, showing signs of weakness before Trump’s announcement. The sudden announcement was a stark contrast to the downward trajectory risk assets had been following. QCP Capital highlighted the political strategy behind the move: “For a president who thrives on being the market’s hero, last week’s risk asset performance performance was anything but inspiring. His slew of new tariffs and shakier than expected Ukraine-Russia peace talks rattled investor confidence. So, while the timing of the SBR was somewhat unexpected, the political calculus was clear — Trump needed a win before his approval ratings starts slipping, a metric he likely takes very personally.” However, questions remain as to whether this move represents a genuine shift in policy toward long-term crypto adoption or simply a well-timed announcement aimed at stabilizing sentiment before further economic strain emerges. While Bitcoin’s rapid ascent over the weekend excited traders, QCP Capital remains unconvinced that this rally represents a meaningful breakout. The firm pointed to several key market signals that indicate Bitcoin is not yet out of the woods. QCP Capital cautioned: “Are we back in the game? Not quite. BTC is still trading near the bottom of its multi-month range and frontend crypto vols are still relatively elevated with both majors still reflecting a Put Skew till end-March. The VIX is also elevated, signaling broader market unease in risk assets overall, particularly after the recent tariff escalations from the US administration.” Lessons From The Past: The ‘Xi Candle’ Comparison For seasoned traders, the weekend’s price action is reminiscent of a historical event in the crypto market—the infamous Xi Candle of 2019. Prominent crypto analyst Cold Blooded Shiller took to X to draw comparisons between the two events. Reflecting on the Xi Candle, Cold Blooded Shiller recalled how Bitcoin had been in a prolonged downtrend, trading at fresh lows with market sentiment at rock bottom. Then, seemingly out of nowhere, Chinese President Xi Jinping announced that China should embrace blockchain technology. The result was a massive short squeeze, with Bitcoin skyrocketing by 40% in just two days. Traders at the time believed it marked the beginning of a new bullish era for crypto. “Sentiment was very quick to adjust. You’ll be surprised (not) to hear that it didn’t take much back then to shape the whole mindset of Twitter into the positives and ability for the market to now have an infinite bid,” he wrote. However, the euphoria was short-lived. Several weeks later, China backtracked on its pro-blockchain rhetoric, implementing fresh crackdowns on crypto exchanges and warning investors about the risks of digital assets. Bitcoin’s gains slowly eroded, with price action reversing over the following month and ultimately dipping below pre-announcement levels. Related Reading: Is The Bitcoin Bull Cycle Really Over? This Indicator Suggests Price Could Rebound To $130,000 “We did not immediately reverse the candle. It actually took many weeks to do that, which made it all the more painful for those trading it or those who had their bullish bias,” Cold Blooded Shiller recalled. The similarities between the Xi Candle and Trump’s Crypto Reserve announcement are striking. Both events followed prolonged periods of market weakness, both saw a dramatic shift in sentiment almost overnight, and both created a new bullish narrative that was widely embraced by the market. The key question now is whether Trump’s announcement will lead to a sustained trend shift or if, like the Xi Candle, it will eventually fizzle out, leaving late buyers trapped at the top. Key Events To Watch This Week Bitcoin’s ability to maintain its gains or extend higher will likely depend on key macroeconomic and regulatory developments in the coming days. On Wednesday, markets will receive the latest Purchasing Managers’ Index (PMI) data, a crucial economic indicator that could influence expectations for Federal Reserve policy. If PMI data shows signs of economic weakness, it could increase speculation about potential rate cuts, which may provide a tailwind for risk assets, including Bitcoin. However, stronger-than-expected data could reinforce the view that the Fed will maintain its restrictive policy stance, potentially pressuring crypto and equities alike. Friday brings the release of the Non-Farm Payrolls (NFP) report, a key employment indicator that has historically influenced market sentiment. A strong jobs report could signal continued economic resilience, reducing the likelihood of near-term rate cuts, which could negatively impact Bitcoin. Conversely, a weaker-than-expected report could fuel risk-on sentiment, further supporting BTC’s momentum. Also on Friday, the White House Crypto Summit is expected to provide critical insights into the future of the US Crypto Strategic Reserve. If tangible announcements emerge, BTC could rise further. However, if the event fails to deliver meaningful policy direction, the market could react negatively, leading to increased volatility. As QCP Capital put it, “Just when we think Trump has exhausted his cards, he may still have more surprises up his sleeve. Will this be the push toward that elusive all-time high? We’ll be watching.” At press time, BTC traded at $90,352. Featured image created with DALL.E, chart from TradingView.com

After a week of notable crashes, Bitcoin has again seen life breathed into its price trajectory and has reclaimed its mark above $90,000. The major primer for the return of bullish momentum was the announcement of a US crypto strategic reserve by President Donald Trump over the weekend, which could be the beginning of an extended rally for Bitcoin and other cryptocurrencies. With the return of bullish momentum, veteran financial analyst Peter Brandt listed six reasons Bitcoin has flipped bullish. Peter Brandt Lists Six Reasons Bitcoin Has Turned Bullish Bitcoin has seen its value rise by approximately 9% in the past 24 hours, adding about $166 billion to its market capitalization. This marks a swift change from the decline last week, which saw Bitcoin declining to fill a CME gap below $80,000. Related Reading: Bitcoin Price Enters Ascending Phase After Cup And Handle Formation At $105,000, Here’s The Next Target Renowned for his deep technical expertise, Peter Brandt took to social media to outline six reasons why Bitcoin has now returned to a bullish trajectory. His observations are rooted on a series of technical developments that have unfolded over the past week.  Brandt’s first key point is Bitcoin’s recent 30% correction. Notably, Bitcoin’s recent crash to a bottom at $78,900 marked a 30% correction from its January 30 all-time high of $108,786. This level of pullback is typical in strong bull markets and often precedes the next leg up. The second reason why Bitcoin has flipped bullish is its ability to find support along its parabolic advance despite the recent dip. Another factor reinforcing Bitcoin’s bullish outlook is the successful retest of a CME futures gap below $80,000. Interestingly, this gap had been a key concern even as Bitcoin rallied to above $100,000 in January, with technical analysis warning of a drop toward this level. Now that the CME gap has been filled, the next step is the resumption of bullish momentum. Brandt also highlighted the emergence of a “foot shot doji” candlestick pattern, which typically indicates the exhaustion of selling pressure and a potential reversal. Furthermore, he referenced the Factor three-day trailing stop rule to indicate that Bitcoin is regaining strength. Lastly, he pointed to a high-volume “puke out,” where sellers have exited Bitcoin in capitulation. Taken together, these signals suggest that Bitcoin’s latest rally is not just a temporary bounce but a confirmation of bullish momentum.  What’s Next For BTC As Bullish Signals Strengthen? At the time of writing, Bitcoin is trading at $92,443 and everything surrounding its fundamentals now points to a continued move upwards in the coming weeks. Interestingly, you could argue that institutional invesments through Spot Bitcoin ETFs have yet to be factored into the price of Bitcoin following Trump’s announcement of a US crypto strategic reserve.  Related Reading: Bitcoin Price Risks Crash: Analyst Paints Picture Of Drop Below $30,000 The announcement came over the weekend when traditional markets were closed, meaning the bullish momentum was largely driven by retail traders. With this, Bitcoin is likely to push past the $100,000 mark again before the end of the week as institutional inflows pick up. Featured image from iStock, chart from Trsdingview.com

Crypto analyst CrediBULL Crypto has revealed that Bitcoin’s open interest has crashed to a six-month low. The analyst further explained what happened the last time this low open interest occurred while providing a bullish outlook for the flagship crypto.  Bitcoin’s Open Interest Crashes To 6-Month Low  In an X post, CrediBULL Crypto revealed that Bitcoin’s open interest is at the lowest levels it has been at in six months. He noted that the BTC price was trading between $50,000 and $60,000 the last time the open interest was this low. The analyst also revealed that Bitcoin’s funding rate just ticked negative. He also noted that the same thing happened while the flagship crypto was trading between $50,000 and $60,000 just before its rally to $100,000.  Related Reading: Crypto Pundit Who Correctly Called The Bitcoin Price Surge From $15,400 To $100,000 Reveals What’s Next Interestingly, CrediBULL Crypto asserted that these metrics overall look “fantastic” for Bitcoin and further solidified his belief that the flagship crypto has formed a bottom. Indeed, BTC looks to have formed a bottom as the flagship crypto has rebounded to as high as $95,000 following its drop below $80,000 last week. Crypto analyst Ali Martinez also suggested that the Bitcoin price has found its bottom. In an X post, he noted that historically, BTC tends to rebound when the daily Relative Strength Index drops below 30. He then revealed that the RSI was sitting at 24, indicating that the flagship crypto had bottomed out and was well due for a rebound.   BTC Needs To Hold Above This Range To Confirm Reversal However, despite Bitcoin’s rebound to as high as $95,000, CrediBULL Crypto suggested that market participants shouldn’t get too excited yet. He stated that the pump doesn’t mean much unless BTC clears the key resistance at around $93,000. The analyst remarked that moving up to this range was the easy part but “strength” is getting past it.  Related Reading: Bitcoin $166,000 Target Still In Play? The Extension That Determines Where Price Goes Next Crypto analyst Titan of Crypto also echoed a similar sentiment. He stated that Bitcoin is currently pushing through $94,000, breaking above the Kumo cloud. The analyst added that the flagship crypto needs to stay above this price level before the reversal can be confirmed.  However, Titan of Crypto still provided a bullish outlook for the Bitcoin price, suggesting that a reintegration might be about to occur, which could send the flagship crypto into a markup phase. His accompanying chart showed that BTC could rally above $126,000 as it enters this markup phase.  Meanwhile, Martinez revealed that the Bitcoin bull run remains intact according to the aSORP indicator. He also stated that global liquidity is on the rise again, and with BTC lagging behind this metric, the analyst remarked that this could signal a unique buying opportunity.  At the time of writing, the Bitcoin price is trading at around $91,000, up over 6% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

US inflation data has injected renewed optimism into the Bitcoin and broader cryptocurrency markets. In January, the Personal Consumption Expenditures (PCE) inflation—the Federal Reserve’s preferred measure—fell to 2.5%, precisely in line with expectations. Core PCE inflation was reported at 2.6%, also matching forecasts, marking the first decline in PCE inflation since September 2024. Bitcoin And Altcoins See Relief On Inflation Data The latest data confirms steady performance both year-over-year and month-over-month. Headline PCE remained at 2.5% YoY, while core PCE—revised from a previous 2.8% (and even 2.9% in earlier revisions) to 2.6%—represents a 30 basis point improvement. This core headline reading is the lowest YoY since August 2024, and it is notable as the first slowdown in headline PCE YoY in four months. These figures suggest that easing inflationary pressures might be gradually reshaping market sentiment. Related Reading: Bitcoin Crashes, Fear Spikes—But This Analyst Sees $153,000 Ahead Crypto analyst BACH (@CyclesWithBach) was quick to respond on X, emphasizing the bullish nature of the data. He noted that “this core headline number is the lowest reading YoY since August 2024” and pointed to the 30bp revision as a significant improvement. Although he warned of too much optimism, he stated: “This is a BIG difference and is in fact bullish for markets! We may still see some choppy bottoming formation, but this bull ain’t over! – Credit spreads despite all this remain narrow, which is a sign that credit markets see no risk!” Following the data release, Bitcoin recovered back above $84,000, up 3.5% since the report and about 7.5% from today’s low of $78,258. After a week in which Bitcoin suffered an 18% decline, losing $96,000, the rebound marks a clear recovery. Altcoins were similarly buoyed; Ethereum climbed 5.8%, XRP gained 9.2%, and Solana surged 16%. Notably, SOL’s rally coincides with news that the CME Group will launch Solana (SOL) futures on March 17, pending CFTC regulatory review. Related Reading: Bitcoin’s 60-Day CDD Spikes: A Warning Sign or Buying Opportunity? Crypto analyst Kevin (@Kev_Capital_TA) also weighed in on the implications of the PCE release, remarking that “Fed CME interest rate Futures at the current moment has increased to 53.7% probability of a rate cut in June after the PCE Report. Up from below 50%. That’s solid news. #BTC #Altcoins #Crypto” Broader Macro Perspective Beyond the PCE data, broader macroeconomic signals could further support market recovery. Julien Bittel, Head of Macro Research at Global Macro Investor (GMI), shared his perspective on X. He attributes current market volatility, especially in crypto, to the tightening of financial conditions in Q4 of last year, which drained liquidity and slowed economic surprises. Bittel suggests that these conditions are now reversing: “Financial conditions have been easing rapidly over the past two months – dollar down, bond yields down, oil down – and that’s setting the stage for a recovery in the data soon.” He further notes that Bitcoin’s price now fully reflects the effects of recent tightening, and with an RSI at 23—the most oversold level since August 2023—he advised, “be greedy when others are fearful.” At press time, BTC traded at $83,804. Featured image from Shutterstock, chart from TradingView.com

A new Bitcoin Chicago Mercantile Exchange (CME) gap has just been opened around $78,000 and $80,700. Analysts warn that this price range could act as a magnet for further downturns in the Bitcoin price, making it a critical area to watch in the coming days. According to crypto analyst Rekt Capital on X (formerly Twitter), Bitcoin is currently facing increased volatility as it moves closer to filling a key CME gap between $78,000 and $80,700. A CME gap represents price disparities on the Bitcoin Futures chart traded on the Chicago Mercantile Exchange. Open Bitcoin CME Gap Signal Further Downturn  Typically, the CME Bitcoin Futures market operates only on weekdays, meaning price movements that occur during weekends tend to leave price gaps. These spaces get filled as price action retraces to cover the imbalances left behind. Related Reading: Bitcoin Liquidity Blocks Tell A Story: Here’s Why $96,000-$111,000 Is Most Important Bitcoin’s current CME gap between $78,000 and $80,700 was formed in early November 2024, when the cryptocurrency experienced a sharp price breakout above resistance. Since then, Bitcoin has not revisited this zone; however, Rekt Capital believes it is fast approaching it now.  The analyst revealed that after hitting a peak above $100,000, Bitcoin quickly retraced, experiencing a deep correction that pushed it down to its current price of $79,267. Rekt Capital points out that Bitcoin’s recent decline aligns with historical fractals where CME gaps get filled before its price finds a new direction.  According to his chart analysis, if Bitcoin continues on its current downward trajectory, the price range between $78,000 and $80,000 will need to be closely monitored. Holding this range would signal a potential reversal and renewed bullish momentum. However, a failure to maintain support could clear to further declines, with the next major support levels around $71,535 and $60,590. Other market analysts share a similar sentiment. Crypto VIP Signal on X has projected a decline towards the $72,000 – $74,000 support area should Bitcoin fail to maintain the CME gap price level. The analyst highlights that this gap range is BTC’s last chance for a price bounce as the market looks increasingly bearish. BTC Enters Oversold Levels For The First Time Since 2024 In addition to its recently opened CME gap, Bitcoin has also entered oversold conditions for the first time since August 2024. This suggests that the Bitcoin price has dropped significantly and is supposedly trading below its actual value, potentially signaling a possible rebound. Related Reading: Bitcoin Price Forms Double Bottom After Crash, Is A Bounce To $112,000 ATH Possible? Considering the current declined state of the market, this new discovery is seen as a positive signal. Crypto analyst Ali Martinez revealed that in 2024, when Bitcoin reached similar oversold levels, it led to a massive 33% price surge. This implies that if historical trends were to repeat, BTC could also initiate a strong price rally to the upside. Featured image from Adobe Stock, chart from Tradingview.com

Bitcoin is experiencing a severe downturn over the past few days. After trading above $96,000 on Monday, its price slipped below $80,000 today for the first time since November 11. This rapid decline marks a nearly 18% slump since the start of the week. From its all-time high of $109,588 on January 20, Bitcoin has now shed approximately 27% of its value. Several factors have converged to exert downward pressure on the cryptocurrency. These include the newly imposed Trump tariffs, large-scale outflows from spot BTC ETFs, and exceptionally high levels of liquidations in the futures markets. While sentiment has clearly taken a hit with the Fear and Greed Index at 16 (“Extreme Fear”), some analysts note that these conditions could also be setting the stage for the next significant move––be it further downside or a potential rebound. Related Reading: Bitcoin Post-Election Rally Crushed: Prices Dip Below $84,000 As Tariff Tensions Rise How Low Can Bitcoin Go? Renowned crypto analyst Scott Melker, also known as “The Wolf Of All Streets,” highlights a developing bullish divergence on multiple timeframes. In a post on X, Melker writes: “BTC 4-HOUR: Bullish divergence still building after the hidden bearish divergence I was watching for. This could fail, obviously, but RSI is holding up well. If you have been following me for years, this is my favorite signal when confirmed. Oversold RSI with bullish divs building over multiple timeframes.” Technical analyst Tony “The Bull” Severino, CMT (@tonythebullBTC) believes the market may be tracing out a familiar corrective pattern similar to what occurred in 2021 and 2022. He suggests this pattern “could get an extended fifth of a fifth situation that takes us well into late 2025.” He added that “this does mean this could go a lot lower than many are expecting, to about $75,000 if the same higher degree fractal is followed to the 0.5 Fib retracement.” Severino also cautions that traders “do not want to see Bitcoin tag the monthly Parabolic SAR, currently located at $75,742,” as a breach of that level could signal a deeper correction. He expects the Parabolic SAR will rise slightly by the monthly close, potentially pushing the critical support zone into the low $80,000 range. Related Reading: Bitcoin Crashes, Fear Spikes—But This Analyst Sees $153,000 Ahead Prominent trader Josh Olszewicz (@CarpeNoctom) tracks the Ichimoku Cloud for key insights. He points to a possible retest of Bitcoin’s weekly kijun, referencing “weekly kijun support at 74k if we keep going.” Olszewicz notes Bitcoin last tapped the weekly kijun during the yen carry trade unwind in August 2024—an event that saw heightened volatility across global markets. Analyst Daan Crypto Trades (@DaanCrypto) draws parallels with previous market cycles when Bitcoin’s Daily RSI dipped to the 20 level: “The last time BTC was this ‘oversold’ [at 20] on the Daily RSI was back in August 2023 when it was trading at $25K. The time before that was after the FTX implosion at the bear market bottom in late 2022. Short term this means little but it should start peaking your interest.” He also spotted significant buy orders on Binance futures: “BTC ~$1.8 Billion in Bids has appeared on the Binance futures pair. These bids are sitting between $70K-$79K. What happens when bids like these appear is varied. Sometimes price never moves into them, when it does start hitting them, it often fills a lot of them before (shortly) reversing. Keep in mind, these are bids that can just as easily be pulled away. Highlighting this as it’s an insane amount and this is something you rarely ever see.” Ki Young Ju, CEO of CryptoQuant, highlights the role of liquidity in determining Bitcoin’s trajectory. He noted spot volume was “highly active around $100K,” but explained that “prices drop when new liquidity dries up.” For Ju, the key question is: where will fresh liquidity come from if the market is already in a distribution phase? He foresees a potential extended consolidation between “$75K-$100K,” resembling Bitcoin’s price action in early 2024. Such a range could persist until a fresh catalyst emerges. “We’ll likely see an extended consolidation in the wide range (e.g., $75K-100K), similar to early 2024, imo. This could last until some good news for Bitcoin brings in new liquidity,” Ju predicts. At press time, BTC traded at $78,856. Featured image created with DALL.E, chart from TradingView.com

The Bitcoin price has experienced such severe downward pressure and volatility that many are starting to believe that the bear market may have begun. While some analysts hope for a price reversal to the upside, others predict a further crash to $70,000, eradicating almost all gains achieved after the US election rally.  Popular crypto analyst and Co-founder of BitMEX Arthur Hayes has shared a bearish prediction for the Bitcoin price. Hayes projects a further breakdown in Bitcoin’s value, suggesting an imminent drop between $70,000 and $75,000.  Bitcoin Price Crash To $70,000 A Possibility  The crypto founder shared a 2-hour Bitcoin price chart from BitMEX, explaining how the pioneer cryptocurrency could experience this decline and citing macroeconomic factors tied to United States (US) President Donald Trump as a trigger for this price drawdown. Related Reading: End Of The Road For Bitcoin? Analyst Reveals When Price Will Crash To $50,000 Hayes suggests that the market is entering a cooling phase, characterized by a potential retracement to pre-election liquidity levels. A cooling phase is a period during which the price of a cryptocurrency declines and consolidates as the market attempts to stabilize. It typically comes after a cryptocurrency experiences an explosive price increase.  Looking at his price chart, the BitMEX Co-founder pinpointed a demand zone around the blue-shaded area between $76,000 and $65,000. This price range serves as a critical support area, where traders expect significant buying interest, enough to prevent further price declines. Hayes believes that the Bitcoin price’s possible decline to $70,000 hinges on Trump’s budget and debt ceiling decision. He suggests that if Trump fails to pass a budget that increases spending and raises the debt ceiling, then further market capitulation could occur. This means that the market may undergo a rapid sell-off by a large number of investors, triggering a panic that could lead to further declines in the Bitcoin price.  Additionally, if Trump’s influence over the Republican Party weakens, Hayes indicates that market uncertainty could grow, potentially triggering a continuation of the current Bitcoin downturn. Moreover, a debt ceiling reduction could negatively impact the market’s liquidation and fuel more price fluctuations.  Overall, Haye’s bearish outlook for Bitcoin is tied to Trump’s fiscal influence. The BitMEX Co-founder suggests that, for now, the market can only “chill out, retrace, and wait.” BTC’s 3-Day Decline Marks Highest Since FTX Crash According to MetaEra, the recent 3-day decline in the Bitcoin price is the highest crash seen since the FTX fiasco in 2022. In the first three days of this week, Bitcoin recorded a 12.6% drop in value, pushing it down to its current price of $86,227. Related Reading: Bitcoin Price Prediction: Analyst Charts Roadmap To $117,000, What You Should Know MetaEra revealed that the widespread market sell-off could be attributed to the negative sentiment and disappointment over President Trump’s lack of swift action regarding his promises to the crypto community. Prior to his election, Trump indicated a strong interest in creating a national Bitcoin Reserve and tightening fiat liquidity conditions. With no mention of plans concerning these crucial initiatives, uncertainty looms, leading to a weakened market sentiment. Featured image from Adobe Stock, chart from Tradingview.com

In his latest video update, long-time market analyst and self-described “four-year cycle” trader Bob Loukas delivered a breakdown of Bitcoin’s current trajectory. Despite a roughly 22% pullback from its recent all-time high, Loukas asserts that the leading cryptocurrency’s price action remains “nothing we have not seen before.” Loukas opened his video by acknowledging growing anxiety among traders following Bitcoin’s drop from around $110,000 to the mid-$80,000 range. However, he emphasized that such swings are a natural part of Bitcoin’s characteristic volatility. “As I record this video Bitcoin’s at $87,000, down from an all-time high of around $110,000… which historically, even for this four-year cycle, is basically right on the averages […] a 20% drawdown from a high,” he stated. Bitcoin’s Four-Year Cycles While Loukas emphasized that intracycle corrections of this magnitude “should not come necessarily as a major surprise,” he also acknowledged that deeper drops remain possible in the short term. In his assessment, a temporary cascade toward $80,000 or even the mid-$70,000s—which would reflect around a 30% drawdown—cannot be ruled out: “There’s no reason why this current move couldn’t drop all the way down to the low $80,000s. There’s a more outside chance that it could also fall into the $70,000s—maybe $75,000 or $73,000. That’s still within Bitcoin’s historical volatility range.” According to Loukas, these corrective moves represent a routine “fear reset.” He contends that late buyers in the previous upswing often capitulate during such pullbacks. However, in the context of Bitcoin’s broader uptrend, he argues these phases have historically paved the way for fresh rallies. Related Reading: Bitcoin Headed For $72,000? These Metrics Could Hint So Loukas primarily frames his analysis around a four-year cycle, which he subdivides into shorter “weekly cycles” of roughly six months each. Each weekly cycle, he says, typically ascends for two-thirds of its duration and then declines for the remainder, resetting sentiment. Although the current pullback unsettles many traders, Loukas sees it as consistent with Bitcoin’s longstanding cyclical pattern: “Unless you believe that the four-year cycle has peaked—which I do not—I see this as one of the normal, oscillating weekly cycle declines. It’s the same E and flow we’ve witnessed so many times.” Loukas revealed that his first sale target for the model portfolio is around $153,000 per Bitcoin, contingent on where this current decline bottoms. From the mid-$80,000s, his baseline scenario projects a potential 80% upward move during the next multi-week upswing. He emphasized that this number may be revised depending on how low Bitcoin drops during the present correction. Crucially, Loukas noted that he remains open to the possibility that the top could be in if the next rebound falters in a pattern known as a “failed weekly cycle.” He explained that once Bitcoin establishes a new short-term low—potentially near $80,000 or into the $70,000s—the market’s next test will be its recovery. If that bounce fails to surpass the prior high near $110,000 and subsequently undercuts the newly established low, it would signal deeper downside: “If we see a sharp countertrend move that rolls over quickly, takes out the new weekly cycle low, that’s extremely concerning. It would indicate a change in trend and possibly that the four-year cycle has already peaked.” The Decoupling Of Bitcoin And Altcoins Although Loukas briefly mentioned the altcoin market, he highlighted how this cycle appears to be diverging from past altcoin frenzies. Loukas described a “significant decoupling” of Bitcoin from other digital assets, noting the lack of sustained retail or institutional interest in most alternative tokens: “There isn’t a retail case, there isn’t a retail flow… so many (altcoin) narratives have come and gone… It looks as if the Trump coin was the top of that, which is probably not surprising in hindsight.” He maintains that Bitcoin, meanwhile, is increasingly being viewed as a distinct, more mature asset class, capturing interest from pension funds, sovereign wealth managers, and institutions well outside the traditional “crypto” sphere. Related Reading: Strategy (MSTR) Crashes 55%—Is A $44 Billion Bitcoin Liquidation Possible? According to Loukas, Bitcoin’s monthly chart shows no conclusive signs of a cycle top. He remains convinced the market has not fully played out the final leg of its historical four-year bull trend, which, in previous cycles, culminated roughly 35 months after the last bear market low. For context, he pointed out that the current cycle’s low took shape in late 2022, placing the next potential peak around the fall or early winter of 2025, if it follows established precedent: “We’re in year three of the cycle. Time-wise, if this follows prior four-year structures, we have another leg higher, possibly an aggressive one, heading into late 2025. But no cycle is guaranteed to rhyme perfectly. We stay alert and look for the warning signals of a final top—until then, I see no reason to change the bullish view.” Despite this bullish perspective, Loukas reiterated that no cycle framework is infallible. He outlined a scenario in which Bitcoin’s weekly cycle might fail—specifically if a new short-term upswing is quickly reversed, setting a lower low. Such a move, he said, could herald a cycle-wide trend change. Still, in his judgment, probabilities favor a continuation of the uptrend: “Until we have a top in the four-year cycle, I think we have to just grin and bear [the drawdowns] and see it through […] the timing suggests to me that we are experiencing one of these periods where we are in a declining phase into a weekly cycle low before moving higher.” At press time, BTC traded at $86,562. Featured image created with DALL.E, chart from TradingView.com

On Wednesday, Bitcoin (BTC) prices plummeted to a four-month low, reaching as low as $81,000, as the anticipated “Trump bump” in the markets faded. This has prompted investors and traders to hedge against further decreases, with Bitcoin options indicating a notable interest in put options with a strike price of $70,000.  Bitcoin Plummets 20% Since Trump’s Inauguration According to data from Deribit, the largest crypto options exchange, this strike price represents the second-highest open interest among all contracts set to expire on February 28, with a total of $4.9 billion in open interest poised to expire by Friday. Related Reading: Solana (SOL) Sees Red—What’s Next for the Price? Since President Donald Trump’s inauguration in January, Bitcoin has experienced a substantial decline of roughly 20% from its record highs.  Market analysts attribute this downturn to a combination of factors, including Trump’s “aggressive geopolitical” stance and ongoing concerns about elevated inflation. Chris Newhouse, director of research at Cumberland Labs, noted, “Tariff policies are further dampening the outlook, and stubbornly high short-term inflation expectations add to the overall caution.”  Newhouse also highlighted that the Bybit Ethereum (ETH) hack has not only exerted downward pressure on Bitcoin’s price but has also negatively impacted overall market sentiment. Investors Pull Back Amid Declining Demand For ETFs The market has also witnessed a significant liquidation of bullish bets, with around $2 billion wiped out over the past three days, according to data from Coinglass.  Bitcoin perpetual futures—a popular method for offshore investors to leverage their positions—saw a sharp decline in long positions during this timeframe. Adding to the bearish sentiment, demand for Bitcoin exchange-traded funds (ETFs) has waned, with the group experiencing approximately $2.1 billion in outflows over the past six days.  This reflects a broader trend of investors pulling back, with more than $1 billion withdrawn from spot Bitcoin ETFs on Tuesday alone, marking the largest outflow since these funds debuted in January of the previous year. The Fidelity Bitcoin Fund (FBTC) and BlackRock iShares Bitcoin Trust ETF (IBIT) were among the hardest hit. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? Bohan Jiang, head of over-the-counter options trading at Abra, commented, “This is a mix of spot selling and basis unwind. In my view, nearly all of this is from ETF spot outflows from directional traders.” Ethereum has also felt the impact of the Bybit incident, amplifying its volatility, while Solana (SOL) has surrendered gains achieved in recent months amid declining interest in memecoins. The market’s search for a new catalyst to reverse its bearish sentiment has led many investors to remain on the sidelines, rotating out of cryptocurrencies in a risk-off environment.  Ravi Doshi, co-head of markets at crypto prime broker FalconX, stated, “The crypto market is still in search of a new catalyst to reverse bearish sentiment.” Currently, BTC is attempting to find support at $84,578, but has fallen another 4.5% in the 24-hour time frame.  Featured image from DALL-E, chart from TradingView.com 

The crypto market is experiencing a significant upheaval, with a staggering $300 billion erased in just 24 hours. This massive sell-off has raised concerns among investors, prompting analysts to explore the underlying causes of this dramatic decline. Bitcoin And Ethereum Plummet According to insights from the Kobelsi Letter, a global commentator on capital markets, the frequency of “flash crashes” in the crypto sector has surged since January. These rapid price declines can occur without major bearish news, leaving investors puzzled about the sudden volatility. The recent downturn began with Bitcoin (BTC), which initially fell below $95,000. However, a sharp drop from $95,000 to $90,000 within just 30 minutes early in the morning served as a wake-up call for traders.  Ethereum (ETH) has fared even worse, experiencing a staggering 37% drop over 60 hours on February 2nd, despite trade war headlines that had already been priced into the market. Related Reading: Why Ethereum Is A Must-Watch: Expert Analysis Highlights 4 Strong Bullish Indicators One of the critical factors contributing to this crypto volatility, according to the analysts, is the drastic shift in liquidity and short positioning in Ethereum. In a single week, short positions surged by 40%, and since November 2024, they have skyrocketed by 500%.  This unprecedented level of shorting by Wall Street hedge funds has created a precarious situation for Ethereum, which is now valued at approximately $300 billion. As institutional investors increasingly short Ethereum, many have turned their attention to Bitcoin, creating a stark contrast in market dynamics. While retail interest in Bitcoin has waned, driven partly by a surge in memecoins, institutional capital continues to flow into Bitcoin, exacerbating the volatility in altcoins like Solana. Retail Vs Institutional Investors Amid Crypto Volatility Kobelsi further highlights that the current market environment is characterized by a polarization between retail and institutional investors. As liquidity decreases, price movements become increasingly erratic. This has resulted in significant “air pockets,” where sentiment can shift dramatically, leading to rapid price changes. Recent sentiment analysis reveals that the crypto market is experiencing its lowest levels of enthusiasm for 2024. The Crypto Fear and Greed Index, which previously indicated a state of greed, has now dropped to a fear level of 29%. Such shifts in sentiment often precede flash crashes, as traders react to the changing landscape. Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge Adding to the complexity of the situation, public figures like Eric Trump have been vocal about their views on the largest crypto assets, Bitcoin and Ethereum. Trump has suggested that these price dips present buying opportunities, a perspective that may influence retail investors’ behavior. Furthermore, companies like MicroStrategy have also impacted the crypto market dynamics. Despite a 45% drop in its stock since its November 20th peak, MicroStrategy continues to accumulate Bitcoin through convertible note offerings, reinforcing its commitment to the crypto and potentially influencing market sentiment. So far, Ethereum has managed to regain the $2,500 level after falling below $2,300 on Tuesday, recording losses of 7% in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com 

Crypto analyst Kevin Capital has provided insights into where the Bitcoin price may be headed next. The analyst alluded to the current liquidation data, revealing that there are currently $16 billion in possible liquidations from BTC’s current price to the $107,000 price level.  Liquidation Data Indicates A Bitcoin Price Recovery Is Imminent In an X post, Kevin Capital revealed that there is only $1.5 billion in long liquidations from the current Bitcoin price to the $77,000 price level. On the other hand, there is $16 billion in short liquidations from the current price to the $107,000 level. The analyst remarked that this is one of the biggest disparities in history.  Related Reading: Bitcoin 9-Month Cycle Says It’s Not Over, Analyst Shows Where We Are In The Bull Run He further noted that the market makers prefer to move prices where they can most transact. As such, this suggests that the Bitcoin price could rebound as these market makers look to grab the liquidity at the upside. Kevin Capital remarked that patience is still needed while the 3-day resolves itself. However, he added that overall, things are looking a little clearer for the bulls.  The Bitcoin price has crashed over the past two days, dropping to as low as $86,000, sparking concerns that the bull run might be over. However, Kevin Capital’s analysis provides some optimism that the bull run is far from over and that the flagship crypto could still reclaim the $100,000 price level and possibly reach new highs.  BTC’s long-term holders also seem confident that the Bitcoin price will still go higher. In an X post, crypto analyst Ali Martinez revealed that they had accumulated almost 20,400 BTC following the sharp sell-off that began two days ago.  BTC Could Still Drop To The $80K Lows Crypto analysts Ali Martinez and Titan of Crypto have suggested that the Bitcoin price could still drop to the lower part of the $80,000 range. In an X post, Martinez stated that Bitcoin is showing similarities to the 2021 market top. He further remarked that if this pattern holds, there could be a period of consolidation at current levels before the next leg down for BTC.  Related Reading: This Analyst Called The Bitcoin Price Crash Early, Total Prediction Says More Pain Is Coming His accompanying chart showed that the Bitcoin price could drop to as low as $80,850 when this next leg down occurs. Titan of Crypto also raised the possibility of BTC dropping to $81,000. He stated that BTC is breaking the trendline and dipping below the last wick low. He claimed that BTC’s weekly candle failing to reclaim the trendline could send the flagship crypto to the next support, which is Kijun at $81,000. At the time of writing, the Bitcoin price is trading at around $88,700, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

Shares of Strategy (NASDAQ: MSTR) have dropped by over 55% from the November 24 high at $543 to around $250. With the software intelligence firm now holding approximately 499,096 Bitcoin—worth around $44 billion at current prices—market participants are wondering whether the company could ever face a forced liquidation of its massive Bitcoin treasury. On Tuesday, analysts from The Kobeissi Letter (@KobeissiLetter) took to X to provide a comprehensive thread analyzing this scenario. Here’s what they had to say: “The MicroStrategy liquidation: As MicroStrategy, MSTR, falls over -55%, many are asking about ‘forced liquidation.’ The company now holds $44 BILLION worth of Bitcoin, could they be forced to sell it? Is liquidation even possible?” Is A Forced Bitcoin Liquidation Possible? According to The Kobeissi Letter, MicroStrategy’s Bitcoin holdings total approximately 499,096 BTC, currently worth $43.7 billion. The firm’s average cost basis sits around $66,350 per Bitcoin. This naturally raises concerns about what happens if Bitcoin’s price were to drop significantly below MicroStrategy’s average entry point. “Let us begin by stating that this isn’t the first time liquidation is mentioned. MSTR has been buying Bitcoin for years and there have been MULTIPLE bear markets since then. This includes the 2022 bear market when Bitcoin fell from ~$70K to ~$15K. Is this time different?,” the analysts write. Related Reading: Market Signals Point To Caution: Bitcoin’s 3-Day Chart Shows Potential Sell Alert Critically, MicroStrategy’s operations rely on raising capital—often through convertible notes—to buy more Bitcoin. The Kobeissi Letter points out that MicroStrategy currently carries about $8.2 billion in total debt for its $43.4 billion Bitcoin holdings, representing a roughly 19% leverage ratio. Much of this debt is held in convertible notes maturing around 2028. “Just about the only way a ‘forced liquidation’ occurs if there is a ‘fundamental change’ at the company. This COULD require MSTR to liquidate Bitcoin holdings if an early redemption is called on the notes,” the experts from The Kobeissi Letter argue. A “fundamental change” could include corporate bankruptcy, or a vote by shareholders to dissolve the company—both scenarios that The Kobeissi Letter stresses are remote under the current structure. Michael Saylor, MicroStrategy’s Executive Chairman and prominent Bitcoin advocate, holds 46.8% of the company’s voting power, meaning he could effectively block decisions leading to liquidation. Related Reading: Bitcoin Crashes: Experts Warn Of 6-Month Slump To $73,000 Despite the steep share price decline, The Kobeissi Letter suggests that an outright forced liquidation is “highly unlikely.” The structure of the convertible notes and MicroStrategy’s ability to raise capital give the firm significant flexibility. Even so, if Bitcoin were to experience a protracted and severe price drop—well below its current levels—MicroStrategy might face challenges in servicing its debt and raising fresh capital: “However, what if these convertible bonds remain below the conversion price at maturity, beginning in 2027+? For this to happen, Bitcoin would need to fall well over 50% from current levels and remain there.” Michael Saylor has repeatedly brushed off the liquidation scenario. According to The Kobeissi Letter: “Michael Saylor was asked about liquidation recently. His answer was that even if Bitcoin fell to $1, they still would not get liquidated. They would ‘just buy all of the Bitcoin.’ While this sounds good in theory, the convertible note holders cannot be forgotten.” MicroStrategy’s business model—raising funds to buy Bitcoin, potentially driving the price higher, and then issuing new shares at a premium—depends on investor confidence. If shares continue to falter, or if Bitcoin dives well below MicroStrategy’s average entry price, the firm’s ability to attract capital could be severely tested: “We are now witnessing the first ‘bear market’ in MicroStrategy since it gained popularity in 2024. The question becomes: will investors continue to buy the dip here? Michael Saylor says ‘Bitcoin is on sale.’” However, with Saylor’s voting power and the long-dated convertible notes, a forced liquidation seems highly unlikely in the near term. At press time, BTC traded at $89,245. Featured image created with DALL.E, chart from TradingView.com

Bitcoin’s recent price crash took the entire market by surprise, leaving bullish investors reeling in losses. Particularly, this crash saw Bitcoin losing its foothold at the $90,000 price level and extended a crash across multiple cryptocurrencies.  Technical analyst Rekt Capital identified this pullback as a downside deviation within a re-accumulation range, hinting at potential market changes in the coming weeks. Bitcoin’s Drop Below $90,000: A Necessary Reset? Bitcoin’s break below $90,000 in the past few days marks its first time trading below this level since November 2024. After months of sustained upward momentum, Bitcoin started to consolidate below the $100,000 price level, spending most weeks trading between $90,000 and $100,000.  Related Reading: Bitcoin Long-Term Holders Officially Enter Into Greed Territory, Is This Good Or Bad For Price? This consolidation phase, while unsettling to some investors, was interpreted by some analysts as a natural part of Bitcoin’s broader market cycle. Crypto analyst Rekt Capital has pointed out that Bitcoin frequently undergoes phases of re-accumulation during bull cycles, allowing the market to reset before the next leg upward. According to his assessment, the current price movement aligns with historical trends, where Bitcoin establishes an accumulation floor before another rally. Interestingly, Bitcoin’s recent break below $90,000 is part of this reaccumulation range phenomenon. Rekt Capital describes this as a “downside deviation” below the range low, which is a pattern Bitcoin has exhibited multiple times in past cycles.  What To Expect From BTC’s Next Move Re-accumulation phases are generally highlighted by buying pressure among a few whales and retail investors while the larger market continues to sell. According to data from on-chain analytics platform Glassnode, some long-term Bitcoin holders have remained unfazed by the recent price crash. In fact, the latest selloff has presented them with a key accumulation opportunity, with these long-term addresses increasing their total Bitcoin holdings by 20,400 BTC in the past 48 hours. Related Reading: This Analyst Correctly Predicted The Bitcoin Price Crash To $99,000, Here’s What’s Supposed To Happen Next Bitcoin’s future trajectory will depend on how it reacts within this re-accumulation range. If Bitcoin successfully reclaims $90,000, it could confirm that the break below was merely a shakeout before further gains. A strong rebound from this level would likely reignite bullish sentiment, potentially paving the way for a substantial break above $100,000. However, an extended decline below $90,000 could be very devastating for Bitcoin and its long-term holders who are currently accumulating in the reaccumulation zone, as there isn’t much of a support level to prop up any downtrend until the $70,000 price level. At the time of writing, BTC is trading at $88,628, reflecting a 7.5% decline over the past seven days. However, the cryptocurrency has shown early signs of stabilization, having rebounded by roughly 2% after hitting an intraday low of $86,867. Featured image from Adobe Stock, chart from Tradingview.com

Bitcoin (BTC), the market’s leading cryptocurrency, has officially entered a new downtrend phase following a period of consolidation around the mid-$90,000 levels.  After reaching an all-time high of $109,000 in January, Bitcoin has now seen a significant drop of 7%, bringing its current price to approximately $87,400. This decline raises concerns about the sustainability of the broader bull market as investor sentiment shifts towards fear. Could A Drop Below $80,000 Be Imminent? Market expert Jesse Olson recently took to social media platform X (formerly Twitter) to question whether Bitcoin is nearing a local top or possibly “the” top for this market cycle.  Olson referenced historical data suggesting that previous pivot points for Bitcoin often signal significant downturns. He highlighted two notable instances: In April/May 2021, the Bitcoin price experienced a pivot point about 20% below its local top, leading to a price drop of 56%. In November 2021, the pivot was around 15% from “the” top, resulting in a staggering 77% decline. Currently, the price sits approximately 15% below the recent peak, and Olson notes a pending sell signal on BTC’s 3-day chart, indicating potential further downside. Related Reading: Litecoin Trading Activity Increases Over The Past Month – Potential LTC ETF Draws Speculation The expert also mentioned that while Bitcoin has hit Target 2 of 4 in his analysis, several indicators suggest the price could drop below $80,000, with higher time frames beginning to show bearish signals. Arthur Hayes Warns Of Bitcoin Downturn Adding to the bearish sentiment, market expert Arthur Hayes expressed concerns in a recent post on X, warning of a potential extension of Bitcoin’s downturn.  Hayes highlighted that many holders of BlackRock’s Bitcoin exchange-traded fund (ETF), IBIT, are hedge funds that have gone long on the ETF while simultaneously shorting Chicago Mercantile Exchange (CME) futures to earn a yield greater than short-term US treasuries. Should Bitcoin’s price continue to fall, Hayes suggests that these funds may unwind their positions, selling IBIT and buying back CME futures. This profit-taking strategy could lead to further declines in Bitcoin’s price, potentially pushing it down toward the $70,000 mark. Related Reading: Dogecoin Activity Levels Crash To 4-Month Lows, Does This Spell Doom For The Meme Coin? Despite the prevailing bearish outlook, analyst Doctor Profit presents a more optimistic perspective. He emphasizes that the production cost of Bitcoin is currently at $95,000, meaning the market price is below this critical threshold. Historically, prices trading below production costs have signaled prime buying opportunities for investors. Doctor Profit argues that this situation creates a compelling case for potential investors, as the market often sees price rebounds when production costs are higher than market prices.  Featured image from DALL-E, chart from TradingView.com

The Bitcoin price has fallen more than -8.8% since Friday when Bybit suffered the biggest crypto hack in history. The flagship digital asset reached a peak of $99,493 late last week, only to retreat to roughly $91,500 at press time, marking a -5.5% decline since Monday. This downturn not only shatters Bitcoin’s attempt to hold above $95,000 but also places it on the verge of losing its critical 97-day trading range between $91,000 and $102,000. Notably, Bitcoin’s price has broken below the descending trend channel that has been in play since January 20. What’s Next For Bitcoin? Ari Paul, co-founder and Chief Investment Officer of BlockTower Capital, offered a wide-ranging view on Bitcoin’s trajectory and the broader macroeconomic environment. In a post on X, Paul touched on the potential for continued equity-market weakness and its knock-on effect on digital assets: “My market take: equities in for 4-15 months of pain (I’ll guess 9 months) tied to deflationary government policies (tariffs and mass layoffs mostly). Then it’s a political question – does Trump admin ‘capitulate’ and turn severely inflationary? In vast majority of similar cases in history the answer was yes, but just a low confidence guess to me currently.” Related Reading: Is The Bitcoin Price Manipulated? Expert Exposes The Truth Shifting focus to crypto, Paul emphasized that while cryptocurrencies may still display short-term correlations with equities, they are inherently on different cyclical rhythms: “What does that mean for crypto? I continue to think crypto and equities are on different cycles rhythms, but that doesn’t negate shorter term correlation. Alts probably follow equities down at least at first (but they’re already down so much, even versus 2021 prices, they may bottom well before equities.)” Speaking on Bitcoin, Paul predicts that the leading cryptocurrency will “act like a blend of gold and S&P 500,” adding, “if gold remains strong, than that would suggest Bitcoin would outperform losing equities, but maybe not by much. A retrace to ~$73k-$77k seems plausible, I’d probably add there.” Despite the near-term volatility, Paul remains optimistic: “I remain confident crypto bull market not over, but this is looking increasingly different from prior cycles, maybe substantially slower and longer. My base case is that crypto will lead the general macro inflation turn, so maybe crypto bull run resumes in 6 months and equities turn up in 9. The dates given are just indications of my guesstimates. I place no weight on the exact timeframes.” BitMEX founder Arthur Hayes also took to X to warn of an imminent downward push. He pointed to the mechanics of Bitcoin Exchange-Traded Funds (ETFs) and futures market arbitrage as potential drivers of increased selling pressure. “Bitcoin goblin town incoming: Lots of IBIT holders are hedge funds that went long ETF short CME future to earn a yield greater than where they fund, short term US treasuries. If that basis drops as BTC falls, then these funds will sell IBIT and buy back CME futures. These funds are in profit, and given basis is close to UST yields they will unwind during US hours and realise their profit. $70,000 I see you mofo,” he writes. Related Reading: Bitcoin Price Consolidates In Tight Zone: Why A Crash To $84,000 Is Likely Notably, research firm 10x Research published an analysis on Monday indicating that while Bitcoin ETFs—led by BlackRock’s IBIT product—have garnered $38.6 billion in net inflows since their January 2024 launch, much of this capital may not represent straightforward bets on rising BTC prices, aligning with Hayes’ statement. “Although Bitcoin ETFs have attracted $38.6 billion in net inflows since their January 2024 launch, our analysis suggests that only $17.5 billion (44%) represents genuine long-only buying. The majority—56%—is likely tied to arbitrage strategies, where short Bitcoin futures positions offset inflows,” the firm noted. Prior to the ongoing price drop, market technician Tony “The Bull” Severino, warned of looming volatility in Bitcoin, noting that the daily Bollinger Bands were hitting extreme tightness—a pattern often followed by a significant price swing: “A decision will be made soon in Bitcoin, as the daily Bollinger Bands reach the third-tightest reading since 2018. In late 2018, record tightness led to a 50% decline in just over a month. In mid 2023, record tightness led to a 200% climb in just over 200 days. Which direction does volatility release?” With Bitcoin teetering just above $91,000 and the market still reeling from Bybit’s historic hack, the market is at a pivotal juncture. Chart signals, macroeconomic uncertainties, and the unwinding of complex trading strategies collectively draw a clouded outlook with a possible extension of this slump to the $73,000–$77,000 range in the coming months. Meanwhile, this does not have to herald the beginning of the bear market. Chris Burniske, partner at Placeholder VC, commented via X: “In the middle of 2021:BTC drew down 56%, ETH drew down 61%, SOL drew down 67%, many others 70-80%+. You can come up with all the reasons for why this cycle is different, but the mid-bull reset we’re going through isn’t unprecedented. Those calling for a full blown bear are misguided.” At press time, BTC traded at $90,537. Featured image created with DALL.E, chart from TradingView.com

Analysts are currently leaning towards a further breakdown in the Bitcoin price, as market volatility has positioned the pioneer cryptocurrency in a tight consolidation zone. Crypto expert Hamed_AZ on TradingView has shared a bullish and bearish outlook for the Bitcoin price. However, the analyst highlights that a crash of $85,000 is more likely.  According to Hames_AZ, the Bitcoin price is set to decline further, possibly reaching new lows at $85,000. The analyst revealed that the cryptocurrency continues to trade sideways, failing to break out of its present consolidation zone. Bitcoin Price Set To Crash To $85,000 Earlier this month, the Bitcoin price crashed to new levels below $100,000, failing to break key resistance areas in its attempt to reach new all-time highs. At the time, the sharp decline was likely due to broader market volatility and a shift in sentiment. However, the cryptocurrency has failed to recover its position above $100,000, driven by downward pressure from recent tariffs implemented by the United States on other countries. Related Reading: This Analyst Correctly Predicted The Bitcoin Price Crash To $99,000, Here’s What’s Supposed To Happen Next Hames_AZ asserts that the market will remain in a downtrend, with no hint of an upward movement, if Bitcoin continues to trade below key resistance levels. Sharing two possible scenarios for the cryptocurrency’s future trajectory, the analyst leaned towards a more corrective outlook, projecting that Bitcoin could retrace back to the support zone before initiating another upward move. As indicated in the green area in his price chart, the analyst pinpointed Bitcoin’s support zone between $85,000 and $87,500. While Bitcoin is historically known for not staying in a downtrend for too long, the TradingView analyst still expects further breakdown in its price, highlighting that a decline at this time is a more probable scenario.  In the chart, the analyst also illustrates a descending channel pattern, where the price of Bitcoin is clearly moving within a downward-sloping channel, indicating a short-term downtrend. The Fibonacci level at 0.382 further aligns with the support zone, making it a strong potential area for a price reversal.  Based on the analyst’s projection, a bounce from this support would invalidate further bearish momentum. Additionally, the support zone serves as a critical demand area where buyers typically step in, reinforcing price stability.    Possible Bullish Scenario If Key Resistance Levels Are Breached  While sharing a bearish prediction of the Bitcoin Price to $85,000, Hames_AZ also presented an alternative bullish scenario that could propel the cryptocurrency to new all-time highs. The TradingView analyst believes that if Bitcoin can successfully break resistance levels between $97,000 and $102,500 and close above them, then the market should anticipate a continuation of its previous uptrend.  Related Reading: This Analyst Called The Bitcoin Price Crash Early, Total Prediction Says More Pain Is Coming A confirmed breakout from this resistance area would signal stronger market dynamics and further growth for the Bitcoin price. Based on his analysis, he expects Bitcoin to rise as high as $120,000, surpassing previous all-time highs attained earlier this year. Featured image from iStock, chart from Tradingview.com