Bitcoin fell nearly 10% from its early-May high before reclaiming its monthly open, but Bitfinex analysts say the recovery has so far run out of steam near the weekly open. Long BTC Traders Sit Underwater as Bitfinex Report Points to $79K Breakeven Wall According to Bitfinex’s latest report, the May 23 deleveraging event this weekend […]
Dogecoin’s rejection from the top of its multi-week channel has raised fears of a deeper correction. After losing momentum near resistance, DOGE is now testing the crucial $0.1020 support zone, where bulls must step in to prevent increased downside pressure. DOGE Pulls Back Toward Key Mid-Channel Support Dogecoin has recently experienced a notable price adjustment following a test of its upper channel boundary. Crypto analyst Ali Charts notes that the asset has retraced to the $0.1020 level, a cooling-off period that provides a clearer view of the market’s current structural integrity after testing overhead resistance. Related Reading: Dogecoin Millionaires Are On The Move Again, Here’s What They’re Doing Now Furthermore, this specific price point is technically significant, acting as a critical junction for the asset. The $0.1020 level aligns precisely with both the midpoint of DOGE’s multi-week trading channel and the influential 50-day Simple Moving Average (SMA), creating a strong
The deliberate destruction of Bitcoin highlights the potential for ideological actions to impact market perceptions and future technological challenges.
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Cathie Wood has raised her long-term Bitcoin forecast to as high as $1.25 million, even as the cryptocurrency trades below key resistance levels during another period of macro uncertainty. Speaking in a recent interview with Fox Business, the ARK Invest…
Bitcoin briefly reclaimed the $78,000 level in a violent short squeeze that added roughly $30 billion to its market capitalization within an hour, before volatility quickly returned. Bitcoin (BTC) ripped roughly $1,400 higher in about an hour on Tuesday, spiking…
CME Group has rolled out new futures contracts tied to Avalanche and Sui, extending Wall Street’s regulated crypto derivatives beyond Bitcoin and Ethereum and deeper into the high-throughput layer-1 trade. CME Group, the world’s largest regulated derivatives marketplace, has confirmed…
Cathie Wood raised her Bitcoin price prediction to $1.25 million bull case and $750,000 base case for the next 4-year cycle. She cites accelerating institutional adoption, clearer regulations, and shifting asset allocation as key drivers. Wood believes Bitcoin will replace gold as a store of value, especially among younger generations. Cathie Wood has reiterated her […]
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Cathie Wood Raises Bitcoin Target to $1.25M: What It Means
The post Cathie Wood Lifts Bitcoin Target to $1.25M What New Investors Should Know appeared first on 99Bitcoins.
