Bitcoin price started a fresh decline below the $80,500 zone. BTC is consolidating and might struggle to stay above the $78,800 support. Bitcoin failed to stay above $80,500 and extended losses. The price is trading below $80,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $80,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $80,500 and $81,200 levels. Bitcoin Price Dips Further Bitcoin price failed to stay above the $80,500 support zone. BTC remained in a bearish zone and extended losses below the $80,000 level. There was a move below the $79,500 level. The price even dipped below $79,000. A low was formed at $78,720 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $81,250 swing high to the $78,720 low. Bitcoin is now trading below $80,500 and the 100 hourly simple moving a
The post 9 Red Candles Before The Bottom: Why Bitcoin Price Will Continue To Crash appeared on BitcoinEthereumNews.com.
9 Red Candles Before The Bottom: Why Bitcoin Price Will Continue To Crash | Bitcoinist.com
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Strategy's aggressive Bitcoin accumulation could reshape corporate treasury strategies, but risks amplify if Bitcoin's value declines significantly.
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The post Bitcoin Bottom Unconfirmed as Peter Brandt Flags Bear Channel appeared on BitcoinEthereumNews.com.
Key Takeaways Brandt said bitcoin has not completed a recognizable bottom after its latest rebound. Technical resistance near the bear channel keeps attention on the $79,145 trigger. Additional downside pressure could shift focus toward the channel midpoint, then its lower boundary. Bitcoin Recovery Faces Pressure Inside Bear Channel Veteran trader Peter Brandt warned that bitcoin has not completed a recognizable bottom, pointing to BTC’s possible bear channel from the February low. His accompanying chart showed bitcoin trading near the upper boundary, where the recovery appeared to meet resistance without confirming a reversal. His post on social media platform X on May 13 centered on technical positioning rather than market sentiment and suggested the rebound remains incomplete. Brandt’s post suggests he is not calling a full bear market. Instead, he argued that bitcoin has not
The post Is Claude AI the key to recovering forgotten Bitcoin wallets? appeared on BitcoinEthereumNews.com.
An X user, Cprkrn, who posted on May 13, 2026, claimed that claude.ai just helped him crack the password to his old digital wallet. He tagged Anthropic and said he would name his kid after its CEO, Dario Amodei. The post got millions of views within hours, and the story behind it was even better than the announcement. Cprkrn bought Bitcoin back in his college days, when each coin was around $250, and changed the password to his wallet but forgot it completely. He then spent the next 11+ years trying to recover it. He later revealed the password publicly as “lol420fuckthePOLICE!*:)” and said he had been locked out of $398,000 by a friend’s ideas of a secure password. The AI solution after 11 years Cprkrn said he had spent years trying to reclaim the password and worked through trillions of potential combinations. He adopted popular tools BTCRecover (an open-source Bitcoin wallet
The post Bitcoin Miner MARA Stock Under Pressure Following $1.5 Billion Bitcoin Sell-Off appeared on BitcoinEthereumNews.com.
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later). Christian then roam
Peter Brandt warned that bitcoin has not formed a recognizable bottom, citing a possible bear channel from the February low. His key trigger is an ATR close below $79,145, which he said could signal renewed downside. Bitcoin Recovery Faces Pressure Inside Bear Channel Veteran trader Peter Brandt warned that bitcoin has not completed a recognizable […]
MARA Holdings still has in its coffers 35,303 Bitcoin valued at roughly $2.84 billion, making it the fourth largest corporate Bitcoin holder in the world. But that position comes after the company sold a significant chunk of its reserves — and investors took notice. Related Reading: Crypto Firm Exodus Drains 63% Of Its Bitcoin Reserves As Q1 Loss Doubled Year Over Year A Rough Quarter By The Numbers MARA’s stock dropped 5% during Tuesday’s trading session, touching an intraday low of $11.74 before closing around $12.65. After-hours trading brought another 1.85% decline. The sell-off followed the release of the company’s first-quarter 2026 earnings, which showed a net loss of $1.26 billion — more than double the $533 million loss recorded in the same period last year. Revenue came in at $175 million, down 18% from a year ago, partly due to falling Bitcoin prices. During the quarter, MARA sold 20,880 BTC worth nearly $1.5 billion. A large portion of those sales — 15,133 BTC sold between
The post eToro founder timed Bitcoin top perfectly due to belief in 4 year cycles appeared on BitcoinEthereumNews.com.
eToro co-founder Yoni Assia timed the top of Bitcoin almost perfectly because he didn’t buy the growing narrative that Bitcoin’s four-year cycle was dead. “I hate to sell Bitcoin, but I sold a bit on the 6th of October, I think, at $126,000. I then bought at $110, at $105, at $100,” Assia tells Cointelegraph at Paris Blockchain Week. Just a day before Assia sold off some Bitcoin, the asset reached a new all-time high of $126,100 on Oct. 5, only to be followed by a $19 billion liquidation event on Oct. 10 that triggered a broader crypto market downturn. The market has yet to fully recover from the brutal liquidation event, with Bitcoin falling to around $60,000 in early February before recovering to around $77,700 at the time of publication. Bitcoin’s October all-time high timing aligned with previous four-year cycle peaks, while price action so far in 2026 has echoed
