Bitcoin Slides Under $79K on Macro Fears: Is a Rebound Around the Corner?

Bitcoin ($BTC) faced a sharp contraction on Friday following a rejection at $82,000 the prior day. Recent price movements closely resembled the US small-capitalization stock index, hinting that macroeconomic factors are the leading drivers behind the nosedive below $79,000. The anxiety sparked a sell-off in fixed-income markets. Counterintuitively, this may help Bitcoin embark on a […]

Predictions from a 30-Year Analyst: “A Major Breakout Is on the Horizon for Bitcoin (BTC) and Dogecoin (DOGE)”

Macrostrategist Jordi Visser, a guest on renowned financial commentator Anthony Pompliano’s show, discussed the bottlenecks in global markets, the rising inflation regime, and recent developments in the cryptocurrency markets. Visser stated that he specifically saw a signal of a “major merger and breakout” in the charts of Bitcoin (BTC) and Dogecoin (DOGE). Visser stated that […]

BlackRock dumped over $650 million of these cryptocurrencies in a week

BlackRock’s cryptocurrency exchange-traded funds (ETFs) recorded more than $650 million in combined outflows over the past five trading days, coinciding with weakening sentiment across the market. Specifically, BlackRock’s iShares Bitcoin (BTC) Trust (IBIT) accounted for most of the withdrawals, posting total outflows of about $461.2 million between May 11 and May 15.  The steepest single-day […]

Bitcoin Struggles Below Resistance While Fibonacci Support Comes Into Focus

Bitcoin continues to face strong resistance as bulls struggle to reclaim higher price levels and restore upward momentum. With the market failing to break key resistance zones, attention is now shifting toward major Fibonacci support areas, where buyers could attempt to stabilize the current decline and prevent a deeper correction. Recovery Hopes Fade Unless Resistance […]