Bitcoin continues to trend higher, demonstrating resilience despite short-term volatility and pressure from resistance. Rather than displaying signs of heavy distribution or aggressive selling, the market has maintained a constructive structure with shallow pullbacks and consistent higher highs, reinforcing confidence in the broader bullish trend. Strong Stability Of Bitcoin Above Key Levels Bitcoin is demonstrating significant resilience, according to analyst Sykodelic, who notes a lack of massive sell-offs or hard rejections. Instead, the market is producing higher highs following only minor pullbacks. BTC has successfully cleared multiple key levels and is currently consolidating to build the strength necessary for its next major expansion. Related Reading: Top Analyst Confirms The Bearish Target: Bitcoin Could Ease Down To $40,000 A pivotal technical milestone has been reached, as Bitcoin has remained above the Bull market support band for ten consecutive days. This zone, which in
Bitcoin topped $83,000, but Wintermute says weak spot demand and rising open interest point to a short squeeze. Bitcoin rose above $83,000 as risk assets moved higher, but Wintermute warned that the rally may not be fully backed by spot demand. The firm said weak cash-market activity and rising leverage suggest the move was driven […]
The post Bitcoin Tops 83000 But Wintermute Warns Spot Demand Remains Unusually Weak appeared first on Live Bitcoin News.
CryptoQuant’s Bitcoin Bull-Bear Cycle Indicator is flashing a green signal for the first time since March 2023. Here’s what it could mean for the asset. Bitcoin Now In “Early Bull” Phase On CryptoQuant’s Market Cycle Indicator As highlighted by an analyst in a CryptoQuant Quicktake post, the CryptoQuant Bitcoin Bull-Bear Market Cycle Indicator has signaled a shift for the cryptocurrency recently. This indicator tells us, as its name suggests, about the phase of the cycle that BTC is potentially inside right now. Related Reading: SUI Surges 40%: Analytics Firm Explains What’s Driving The Rally The metric is based on CryptoQuant’s P&L Index, which combines the data of several key on-chain indicators to provide a single score for the network. The P&L Index’s interactions with its 365-day moving average (MA) are considered to correspond to phase shifts for BTC. The Bull-Bear Market Cycle Indicator captures this relationship by tracking the difference between the two. When the Bull-Bear Mar
Ray Dalio said Bitcoin lacks privacy and its transparency is why central banks will not hold it. Bridgewater Associates founder Ray Dalio posted on X on May 11 that Bitcoin’s public ledger is the core reason central banks are unlikely…
Marathon Holdings reported a challenging first quarter for 2026, characterized by a significant net loss despite strategic efforts to reduce debt and pivot toward artificial intelligence (AI). Surge in Operating Costs Digital infrastructure company Marathon Holdings attributed a decline in revenue in the first quarter of 2026 to a decrease in the U.S. dollar value […]
AI disruptions and global economic shifts could drive Bitcoin to new heights amid deflationary pressures.
The post Arthur Hayes: Geopolitical conflicts are fueling inflation, nations are rethinking dollar reserves, and the petrodollar’s end could reshape global finance | Unchained appeared first on Crypto Briefing.
Exodus wallet sold 1,076 bitcoin in Q1 2026 to fund its $175 million acquisition of W3C’s payments business. Exodus Movement (NYSE: EXOD), developer of the self-custody Exodus wallet, sold 1,076 bitcoin during Q1 2026, reducing its BTC holdings from 1,704…
21Shares’ Matt Mena says Bitcoin’s refusal to dump on hot CPI shows inflation is priced in, leaving the CLARITY Act vote as the next major catalyst for a push toward $90K. 21Shares analyst Matt Mena argued in a note published…
