Bitcoin is once again testing a critical bullish pattern known as the golden cross - a technical setup that has historically preceded explosive rallies.
Crypto analyst Mister Crypto noted that similar formations fueled massive surges in previous cycles, including gains of over 1,500% in 2017 and 2020. With BTC hovering close to the key threshold, he believes momentum could quickly accelerate if the level holds.
The golden cross forms when the 50-day moving average climbs above the 200-day, signaling a potential shift in market sentiment from bearish to bullish.
Still, not everyone expects an immediate rally. Analyst Mac warned that Bitcoin must defend the $110,000 zone to keep the current cycle intact, pointing out that the Money Flow Index on shorter timeframes is deeply oversold – a sign that a small rebound could precede bigger moves.
Meanwhile, Fundstrat co-founder Tom Lee pointed to the broader market turbulence, saying the recent pullback in equities was “long overdue.” He emphasized the spike in volatility as a possible sign of capitulation, adding that conditions could stabilize soon.
The crypto market’s jitters also followed President Donald Trump’s decision to impose a 100% tariff on Chinese imports starting November 1, escalating tensions after Beijing announced new restrictions on rare earth exports. The move reignited concerns about global trade and risk assets – just as Bitcoin tests one of its most-watched technical levels.
Elon Musk recently emphasized Bitcoin’s superiority over fiat on X, highlighting its foundation in energy — a resource that cannot be artificially created.
The Bitcoin market is teetering between fear and confusion after an unprecedented wave of $19 billion in liquidations rattled traders over the weekend.
Japan’s Metaplanet has entered a rare situation where its market value has fallen below the worth of its own Bitcoin holdings — a reflection of changing investor sentiment toward Bitcoin treasury firms.
The resurgence of crypto-linked equities has reignited investor curiosity across traditional markets, as Bitcoin’s volatility continues to ripple through related sectors.
Bitcoin is currently showing mixed signals, with a bearish daily candle forming while traders closely monitor support levels for signs of strength.
Arthur Hayes, the co-founder of BitMEX, warns that Bitcoin and the broader crypto market could experience another downturn before making a run toward new all-time highs.
Bitcoin’s downward trend has intensified, dropping below $89,000, with altcoins also seeing significant losses.
JPMorgan's latest research report indicates a projected slowdown in crypto liquidations this month, with expectations of a market rebound starting next month.
On-chain analyst Willy Woo has shared a long-term vision for Bitcoin that distances its value from fiat benchmarks and aligns it with a slice of the global economy.
While altcoins are enjoying a strong performance across markets, it is Bitcoin that continues to dominate crypto social media chatter, according to a July 3 report by on-chain analytics firm Santiment.
The price of Bitcoin (BTC) recently slipped below a significant support level at $60,000, even dropping below $58,000.
Bitcoin’s climb back toward record highs is reigniting optimism across the crypto market, driven by growing institutional demand, falling exchange reserves, and a renewed loss of faith in fiat currencies.
The daily trading volume of Bitcoin (BTC) now regularly exceeds the total market capitalization of public BTC mining companies, raising concerns that they may be overvalued.
Bitcoin’s network fees have plunged to historic lows, raising fresh debate about activity and adoption trends.
Bitcoin transaction fees have jumped more than 32% this week, marking the highest level seen since August.
It appears that Mt. Gox has moved approximately $75.36 million worth of Bitcoin to a Bitstamp wallet, potentially signaling an upcoming payout to creditors.
Corporate treasuries are holding more Bitcoin than ever, but the latest CryptoQuant data shows cracks beneath the record.
As more corporations rush to add Bitcoin to their balance sheets in hopes of replicating the success of early adopters, concerns are growing that many of these firms may not have the resilience to endure a sustained crypto downturn.
The corporate Bitcoin treasury trade, once one of the strongest sources of market demand, is showing clear signs of fatigue.
Bitcoin recently surged to a fresh all-time high above $104,000 but it seems the bulls have exhausted themselves and now the bears are taking control.
A prominent crypto analyst is sounding the alarm about potential troubles for Bitcoin (BTC), based on recent trends in ETF activity.