Bitcoin’s Bear Market May Be Entering Its Final Phase Blockchain analytics platform Cryptoquant shared an analysis on July 18 suggesting bitcoin’s bear market may be approaching its final stage. The signal compares the average acquisition prices of short-term and long-term holders. The analyst said: “The end of the bear market is approaching.” Cost basis refers […]
Bitcoin options desks picked up a telling signal this week — a surge in call spread activity that pins a $72,000 price target to the final days of July, coinciding with the Federal Reserve’s next policy announcement. Data from the options market, as reported in the original CoinDesk report, shows large traders paying a premium […]
Michael Saylor, the Executive Chairman of Strategy, the biggest corporate Bitcoin ($BTC) holder, has recently reflected on Bitcoin adoption. Michael Saylor argued that businesses are crucial in the top crypto asset’s worldwide growth. In his recent social media post on X, he stressed that companies deliver the organizational model required to achieve long-term resilience, transparency, […]
Bitcoin governance debates are heating up again, and this time Michael Saylor has entered the conversation with a lengthy critique of BIP 110. Rather than focusing on price or market cycles, Saylor argues the proposal could fundamentally change how Bitcoin evolves by introducing consensus rules that restrict currently valid transactions. His argument isn’t that every […]
Bitcoin’s institutional demand will come back stronger, according to Bloomberg ETF analyst Eric Balchunas. The analyst noted that U.S. spot $BTC ETFs could follow gold ETFs’ ‘triumph and pain’ pattern and would eventually surge to a new record high. Gold ETFs were briefly the world’s largest ETF in 2011 but spent another eight years in […]
Bitcoin may keep sweeping liquidity across its range, with another move toward $67,000 and possibly $74,000-$76,000 still in play. However, both charts warn that the rally could fail and send $BTC toward $55,000 or the low-$50,000 area before a larger recovery. Bitcoin Midterm Pattern Points to a Rally, Crash, Then New Highs Bitcoin could stage […]
Wellington-Altus Chief Market Strategist James E. Thorne argued that the main issue facing Bitcoin is not volatility, but its “absolute scarcity” characteristic, which investors have not yet fully priced in. Thorne noted that in traditional financial circles, the view is frequently expressed that Bitcoin is too volatile to be included in the same portfolio as […]
Bitcoin $BTC$64,109.53 traders are betting billions that the cryptocurrency’s spot price will climb to $72,000 by the month’s end, a timeline that lines up with the July Federal Reserve meeting. They have done so this week with the help of Deribit-listed bitcoin call options, or derivative contracts that pay off when $BTC‘s spot price surges […]
On-chain analytics company CryptoQuant stated that Strategy’s recently announced new capital management framework significantly alleviates the company’s immediate liquidity concerns, but a more disciplined model for Bitcoin buying and selling is needed. In a report he published, CryptoQuant Research Director Julio Moreno assessed Strategy’s new plan, called the “Digital Credit Capital Framework,” as a significant […]