Soaring bond prices signal 'structural' shift and Bitcoin 'supercycle': Analyst
Fixed-income investors are in a "panic" as government securities, once seen as low-risk, begin to crack, according to BitMEX researcher Shang Wu.
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The post Bitcoin Rainbow chart predicts BTC price for June 1, 2026 appeared on BitcoinEthereumNews.com. The Bitcoin (BTC) Rainbow Chart is signaling that the cryptocurrency could trade within a broad range of approximately $59,000 to nearly $492,000 by June 1, 2026, depending on market sentiment and the stage of the current market cycle. With Bitcoin trading around $77,000, the cryptocurrency currently sits within the chart’s ‘BUY!’ zone, suggesting the model still considers BTC relatively undervalued compared to its long-term historical trajectory. Bitcoin seven-day price chart. Source: Finbold Overall, based on the Rainbow Chart bands, Bitcoin’s most immediate upside target for June 1, 2026, would be around $79,670 if it remains within the same valuation range. However, if bullish momentum accelerates throughout the cycle, the model suggests BTC could climb into progressively higher bands beyond $100,000 and potentially toward the upper six-figure range. According to the chart data,
Read full articleFixed-income investors are in a "panic" as government securities, once seen as low-risk, begin to crack, according to BitMEX researcher Shang Wu.
MoonPay's new app lets users buy cryptocurrencies, including Bitcoin and Solana, through ChatGPT just by speaking with the chatbot.
Upbit and Bithumb posted record negative Bitcoin volume on May 19 as Binance stayed green. Days later, STH Market Cap shed $65B. The divergence no one saw coming. Something broke first in Seoul. On May 19, Upbit posted the largest negative Bitcoin spot volume reading in the exchange’s recorded history, negative $9.3 billion in a […] The post Korea Dumped $11B in Bitcoin. Then $65B Disappeared in 3 Days appeared first on Live Bitcoin News.
After a terrible start to the weekend, the Bitcoin price jumped back to life on the back of news of a potential agreement between the United States and Iran. However, ignoring the potential impact of fresh geopolitical news or events, the current price structure suggests that new investors would be catching a falling knife. According to a chart highlighted on the X platform, the Bitcoin price appears bound for a drop to around $72,000, at least in the short term. BTC Price Trading In Ascending Channel Pattern Prominent chartist Aksel Kibar took to the social media platform X to share an interesting layout of the Bitcoin price, suggesting the coin might be on its way down to around $72,500. This highlighted chart shows the formation of an ascending channel on the BTC daily timeframe over the past few months. Related Reading: Key Volume Signals Are Driving XRP Momentum Amid Market Uncertainty For context, an ascending channel is a technical analysis pattern characterized by two major (up
How did Michael Saylor's firm amass a record stash of Bitcoin? Here's a look back at how Strategy made such massive gains.
Bitcoin remains under bearish pressure after failing to sustain momentum above the critical $80K-$82K resistance region. However, recent price action suggests buyers are attempting to defend the important $75K support zone, increasing the probability of a short-term corrective rebound before the broader downtrend resumes. While the market structure still favors sellers, the current positioning near […]
Strategy paused reported bitcoin buying as Saylor said its “BitVac” is charging, highlighting bond-related activity after holdings climbed to 843,738 BTC. The update underscores how debt, preferred stock, and liquidity reserves continue shaping the company’s treasury strategy. Saylor’s ‘BitVac’ Comment Puts BTC Buying on Watch Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR), shared […]
The disclosure places SpaceX seventh among corporate BTC holders, surpassing sister company Tesla, with a margin of more than 7,000 BTC.