By checking the past five years of bitcoin BTC$87,693.88 CME futures trading data, it is possible to assess where that crypto has historically spent time consolidating and, by extension, where support has been more or less established. One useful way to frame this is by… Read More
Bitcoin BTC$88,442.11 and other crypto assets again fell steadily through the U.S. session on Monday, with BTC sliding below $88,000 after earlier having climbed above $90,000 and ETH ducking back below $3,000. Some crypto-related stocks are still holding gains, led by Hut 8 (HUT), which… Read More
It’s become fashionable of late to dismiss bitcoin’s BTC$88,090.10 four-year cycle — and the inevitable boom and bust it brings — as an anachronism. Just in the past week, Bitwise’s Matt Hougan and ARK Invest’s Cathie Wood have thrown their considerable weight behind the idea… Read More
Bitcoin BTC$87,108.49 strengthened as the Japanese yen dropped after the Bank of Japan (BOJ) hiked interest rates as expected. The Japanese central bank raised its short-term policy rate by 25 basis points to 0.75%, the highest level in roughly three decades, continuing the gradual shift… Read More
Bitcoin’s BTC$87,474.65 derivatives market is flashing signals of stability in a broad range rather than a massive moonshot or violent crash. Activity in Deribit-listed options shows strong support around $85,000 from heavy put selling (writing) or traders offering insurance against price drops below that level.… Read More
Bitcoin BTC$90,096.68 has so far bounced above $90,000, 15% higher from its Nov. 21 low of around $80,000, with price finding confluence support across three important cost basis metrics: the 2024 yearly volume weighted cost basis, the True Market Mean, and the average U.S. spot… Read More
