Bitcoin continues to trade below its record high set earlier this month, hovering above the $119,000 mark. While price action over the past week has shown only a modest 0.3% gain, analysts suggest the market may be nearing a turning point. The sideways movement in price has not deterred the broader bullish outlook, but on-chain…
Bitcoin continues to consolidate just below the $120,000 mark, exhibiting restrained momentum despite previous rallies that pushed it to all-time highs above $123,000. Over the past 24 hours, the cryptocurrency has fluctuated between a low of $117,422 and a high of $119,197, ultimately trading at $118,578 at the time of writing. While price movement has…
Jack Mallers, founder of Strike, argued in a video shared on X that a structurally higher Bitcoin price is emerging as a necessary component of US fiscal management, linking the growth of stablecoins to demand for US government debt. Framing the newly introduced GENIUS Act stablecoin legislation as “a seminal moment for digital assets and…
ChatGPT’s AI model processed 42 live indicators, revealing consolidation momentum as Bitcoin holds at $118,688 following a historic $123,091 ATH achieved on July 14, with a minimal daily movement of -0.06%, testing whether smart money accumulation overcomes emerging altseason rotation. The market cap remains at $2.37 trillion, with institutional validation through Genius Group’s 200 BTC…
Bitcoin has become a major topic of the day among several prominent figures and businesses in the crypto and financial sectors. While continuously flagged digital gold, the crypto king is predicted by many popular figures to reach the $1 million price mark in the following years. A Bitcoin Million-Dollar Moment Imminent After a period of steady upward…
Bitcoin has remained trapped in a tight range between $115K and $120K for the past 10 days, signaling an extended phase of price compression. With bulls unable to push the price above the $120,000 resistance, analysts are increasingly warning that a correction may be imminent. The coming days are expected to be decisive, as both…
A speculative thread led by Bitcoin Magazine CEO David Bailey on July 23 ignited a fresh dispute between Bitcoin advocates and Ethereum supporters over how the proof‑of‑stake (PoS) security model might interact with traditional capital markets. The exchange unfolded against a backdrop of publicly listed Ethereum treasury companies steadily accumulating and staking Ether—an emerging trend….
Bitcoin price has entered a sideways trading pattern following its peak at $123,200 reached one week ago. While this price consolidation has contributed to a decline in Bitcoin dominance, smart money and institutional investors have intervened strategically, pushing BTC back above the crucial $119,000 resistance threshold. The current Bitcoin market structure has prompted analysts to…
As Bitcoin continues its upward momentum, technical analysts are pointing to the long-observed Power Law resistance band. While market sentiment remains bullish, the proximity to this structural ceiling raises the possibility of increased volatility and consolidation. Analyst Highlights Technical Headwinds Facing Bitcoin Rally Despite recent bullish momentum, Bitcoin has yet to break through a key…
Rumors suggesting the US government had secretly sold off a large portion of its Bitcoin reserves were swiftly denied yesterday after new on-chain data emerged. Arkham Intelligence, a US-based blockchain analytics firm and public data platform, published updated figures confirming that the US Government still holds at least 198,000 BTC, currently valued at approximately $23.5…