Key points: Bitcoin’s sell-off intensified, but data shows spot buyers increasing their allocation size. Liquidation heatmap data suggests the sell-off could extend to $107,000. Bitcoin (BTC) fell to a two-week low of $108,865 on Thursday, and while an assortment of entities have shown interest in buying the range lows this week, selling during the Asia … Read more
Key points: Bitcoin’s sell-off intensified, but data shows spot buyers increasing their allocation size. Liquidation heatmap data suggests the sell-off could extend to $107,000. Bitcoin (BTC) fell to a two-week low of $108,865 on Thursday, and while an assortment of entities have shown interest in buying the range lows this week, selling during the Asia … Read more
Key points: Bitcoin’s sell-off intensified, but data shows spot buyers increasing their allocation size. Liquidation heatmap data suggests the sell-off could extend to $107,000. Bitcoin (BTC) fell to a two-week low of $108,865 on Thursday, and while an assortment of entities have shown interest in buying the range lows this week, selling during the Asia … Read more
Key points: Bitcoin’s sell-off intensified, but data shows spot buyers increasing their allocation size. Liquidation heatmap data suggests the sell-off could extend to $107,000. Bitcoin (BTC) fell to a 2-week low of $108,865 on Thursday, and while an assortment of entities have shown interest in buying the range lows, this week, selling during the Asia … Read more
Key points: Bitcoin’s sell-off intensified, but data shows spot buyers increasing their allocation size. Liquidation heatmap data suggests the sell-off could extend to $107,000. Bitcoin (BTC) fell to a 2-week low of $108,865 on Thursday, and while an assortment of entities have shown interest in buying the range lows, this week, selling during the Asia … Read more
ETH$4,017.82 led major cryptocurrencies lower during Thursday’s Asian trading hours, as odds of a U.S. government shutdown hit record highs on the decentralized betting platform Polymarket. The price of Yes-side shares for the betting contract “U.S. government shutdown in 2025?” rose to 77%, the highest since the contract’s launch in January. Traders are essentially pricing … Read more
Key takeaways: Bitcoin whales have sold 147,000 BTC over the past 30 days. BTC price bear flag targets $100,000 if support breaks. Bitcoin (BTC) whales have offloaded about 147,000 BTC over the past month, and continued selling could further pressure its price for the next few weeks, according to analysts. Large investors offload $16.5 billion … Read more
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$107,437.20 has breached key support levels in a sign of increasing bearish momentum that suggests a risk of a slide to $100,000. The leading cryptocurrency by market value fell 6.5% in August, ending the four-month winning streak as the U.S.-listed … Read more
Key points: Bitcoin sees a fresh round of selling at the Wall Street open, taking the price toward $108,000. Multiweek lows come thanks to whales offloading large tranches of BTC. US inflation data fails to offer any respite to bulls despite high odds of an interest-rate cut. Bitcoin (BTC) hit new multiweek lows after Friday’s … Read more
Key points: Bitcoin sees a fresh round of selling at the Wall Street open, taking the price toward $108,000. Multiweek lows come thanks to whales offloading large tranches of BTC. US inflation data fails to offer any respite to bulls despite high odds of an interest-rate cut. Bitcoin (BTC) hit new multiweek lows after Friday’s … Read more