Monday’s Bitcoin (BTC) rebound—pushing back above the $63,00 area—has revived a major question: was last Friday’s drop to $59,000 the bottom for BTC? Seeking to answer that, market analyst Ali Martinez released a new technical note on X (formerly Twitter), arguing that Bitcoin appears poised to reach a market bottom while a “major macro accumulation cycle” begins to form. Why The Sell-off Could Signal A Bottom In Martinez’s view, BTC’s decline to its lowest level since 2024 served as an important cleansing function for the market—effectively shaking out “overleveraged premiums” across the board. That type of flush, Martinez argues, is often what makes bottoms possible: it removes leverage stress and forces late and speculative positions to unwind. Related Reading: Bitcoin Recovery Needs This To Happen, Glassnode Analyst Reveals A central part of his explanation is the role of long-term holders. Martinez claims that long-term investors distributed more than $3.25 billion worth of spot
Base's dominance in crypto trading and lending highlights the potential for Layer 2 networks to reshape financial ecosystems, though regulatory risks loom.
The post Base leads in BTC, ETH trading and USDC payments, ranks second in lending TVL appeared first on Crypto Briefing.
Record-low Bitcoin RSI readings and whale accumulation highlight a generational buying opportunity, even as analysts still expect BTC to fall below $60,000.
Michael Saylor’s Strategy seems to have regained its Bitcoin (BTC) appetite. The firm announced today that it has purchased 1,550 BTC for $101 million, increasing its total holdings to 845,256 Bitcoin. Strategy’s buy materializes a week after it announced its first BTC sale since 2022, hawking 32 BTC worth $2.47 million. The sale marked a […]
The post Saylor’s Strategy Thunders Back After Last Week’s Bitcoin Sale Rattles Crypto Sector, Acquires $101,000,000 Worth of BTC appeared first on The Daily Hodl.
Zcash surged over 80% after developers patched an Orchard bug and proposed Ironwood to restore supply verification.
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Strategy secured approval to pay STRC dividends twice monthly as its bitcoin holdings climbed to 845,256 BTC. The move follows recent treasury activity and could reshape how income investors view the company’s preferred stock. Strategy’s STRC Shift Could Change How Investors Price Preferred Income After buying 1,550 BTC and selling 32 BTC one week earlier, […]
