Bitcoin Reclaims $80,000 But Something Doesn’t Add Up, Here’s What
Bitcoin has climbed back above $80,000 alongside a broad risk rally, but Singapore-based trading firm QCP Capital is urging caution — pointing to options market signals, a fragile macro backdrop, and an emerging pressure point in Japan that could tighten global liquidity before the next leg higher is confirmed. Related Reading: Toncoin Surges 60% As Durov Defends Telegram’s TON Push The catalyst for the recovery, according to QCP’s latest market update posted on X, was Trump’s pause on “Project Freedom” — the US-led operation guiding vessels through the Strait of....
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Bitcoin price started a decent increase above the $56,000 resistance against the US Dollar. BTC is showing positive signs and it could aim a break above $58,000. Bitcoin formed a support above $54,000 and it recovered above the $56,000 zone. The price is now trading above the $56,000 level and the 100 hourly simple moving […]
Ethereum is showing notable relative strength as it reclaims the $3,150 level and attempts to push higher, signaling early signs of recovery after weeks dominated by heavy selling pressure, fear, and uncertainty. The broader market rebound has helped restore confidence, but ETH’s ability to outperform key altcoins highlights growing demand and improved sentiment around the […]
Bitcoin price started a fresh increase above the $57,500 resistance against the US Dollar. BTC is showing positive signs above $58,000 and the 100 hourly SMA. Bitcoin remained well bid above the $56,000 level and it started a fresh increase. The price is now trading above the $58,000 level and the 100 hourly simple moving […]
Bitcoin faced an extreme correction earlier today. Over the span of 12 hours, the cryptocurrency plunged from the $41,000 region to lows on spot exchanges close to $34,000 and lows on futures exchanges close to $35,000. BTC lost over 15% over the span of this rally. The cryptocurrency has since bounced swiftly to the upside, reclaiming a key support level per analysts. Bitcoin Reclaims Key Support Level After Flash Crash Lower Bitcoin faced an extreme […]
You cannot build a house unless you have a strong foundation. After years of mockery and ignorance about Bitcoin and anything related, 2015 has proven to be a lengthy procession of plaudits for Bitcoin’s foundation, the ledger know as the blockchain. Being a former banker myself, I marvel at the double-talk lobbied by mainstream economic leaders like....