According to historical data, the price of Bitcoin has never posted three consecutive months of positive performance in a bear-market year. This trend is about to continue in 2026, with May looking likely to end in the red for BTC after optimistic performances in March and April, and at the start of this month. Recent on-chain data suggests that short-term investors may also be capitulating amid Bitcoin’s disappointing price action over the past few weeks. Are BTC’s Short-Term Investors Losing Conviction? In a Quicktake post on the CryptoQuant platform, market analyst RugaResearch revealed that a specific cohort of Bitcoin investors moved a significant amount of BTC in the past day. This set of investors is known as the short-term holders, who are famous (or infamous) for being the most reactive in the market. Specifically, RugaResearch reported that 107,760 BTC within the 1-month to 3-month Spent Output Age Band moved in a single day, the largest value on-chain movement (within this a
Bitcoin is attempting to stabilize after a sharp pullback, but uncertainty remains the dominant market force. While key support levels are still holding and leaving room for a recovery rally, bearish signals remain present, raising the possibility that any short-term bounce could turn into a bull trap. Retesting Key Rising Channel Support According to Bitcoin Meraklısı, recent market volatility has forced Bitcoin to retreat to the rising trend channel that has defined its structure since February. This is a critical technical juncture, as the asset is currently testing this support line. For the moment, the defense remains successful, and Bitcoin continues to hold within the channel, suggesting that the structural integrity of the uptrend is still intact. Related Reading: Bitcoin At A Crossroads: Two Key Levels Will Define BTC’s Next Major Move, Analyst Says As long as this support level remains unbroken, there is no immediate cause for concern with the outlook. The primary objective
A concise overview of Oasis Network, its privacy-first design, ROSE token utility, ecosystem dynamics, and risks for developers and investors.
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CME Group now offers nonstop trading for cryptocurrency futures and options, expanding regulated access for bitcoin and other digital asset derivatives. The change gives traders a way to respond to weekend, overnight, and holiday market moves through CME Globex. CME Group Expands Crypto Access With Around-the-Clock Trading CME Group announced on X on May 29 […]
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Reading on-chain data at the right time can give investors an early edge. At the current stage of the cycle, timing matters more than ever. From a technical view, traders have wiped $10 billion+ from the market this week, dragging Bitcoin closer to $70k. With major liquidity clusters sitting on both the upside and downside, the next move could trigger a significant liquidity sweep in either direction. That said, several early indicators suggest bulls are gradually losing control. Bitcoin sentiment has dropped into extreme fear, a level that has historically signaled capitulation events. At the same time, more than 45% of short-term holders (STHs) are now underwater, increasing the likelihood of panic selling as market participants begin to test their conviction. Source: CryptoQuant Notably, the same trend is visible among U.S. investors. According to Cr
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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi’s favorite part – in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activit
The post Bitcoin Approaches ‘Crucial’ Reversal Zone as $72K Gets Closer appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) deepened six-week lows at Friday’s Wall Street open as US stock markets diverged to all-time highs. Key points: Bitcoin sinks closer to $72,000 as analysis eyes “crucial” BTC price levels. US-Iran ceasefire talks send stocks to even higher records as the crypto divergence continues. Bitcoin’s 100-day moving average gains significance as a battleground for bulls. BTC price analysis sees “crucial” range now in play Data from TradingView showed BTC/USD dropping to $72,395 on Bitstamp to start the US TradFi trading session. BTC/USD one-day chart. Source: Cointelegraph/TradingView Continuing a losing streak from recent weeks, the pair again saw downside pressure, even as stocks surged further into price discovery. The S&P 500 started Friday with new record highs, while the Dow Jones Industrial Average did likewise. S&P 500 vs. Dow Jones one-hour chart. Source: Cointeleg
Bitcoin slid to multi-week lows this week, dragged lower by record exchange-traded fund (ETF) redemptions and a broad pullback from risk assets. The price settled near $73,500 on Friday, down roughly 4% from where it opened the week above $77,000. To get a sense of where BTC might finish the year, Bitcoin News queried several […]
