The Bitcoin structure weakens below $72,000 despite a tight range

Bitcoin continues to trade within a tight range, but beneath the surface, structural weakness is becoming increasingly apparent. With the price below the key level of $72,000, it now acts as resistancethe broader technical outlook remains fragile, and any near-term consolidation may simply mask the underlying downside risk. Bitcoin is entering a clear corrective phase […]

Extreme Bitcoin Shorts Can Predict a Bottom, Here’s the Importance

Bitcoin’s recent price drop has made many traders nervous betting on even more disadvantage, with on-chain data showing a notable increase in bearish positioning on major crypto exchanges. According to on-chain data from Santiment, overall funding rates have turned deeply negative. This level of deep shorting has not been seen in Bitcoin since August 2024, […]

BlackRock claims that just 1% crypto allocation in Asia could trigger a $2 trillion bullish tsunami

Advertisement &nbsp &nbsp A senior BlackRock executive said Asian household wealth could serve as a major driver of digital assets if investors allocate even a small portion of their holdings to crypto. Nicholas Peach, head of APAC iShares at BlackRock, has stated that a modest 1% allocation within standard portfolios could potentially translate into trillions […]

Bitcoin will likely reach $50,000 as Tom Lee says Crypto has been a huge disappointment

Advertisement &nbsp &nbsp Fundstrat’s Tom Lee says cryptocurrency prices have been disappointing in recent weeks, with digital assets out of line with a range of historical bullish drivers. Tom Lee notes that the lackluster prices are still linked to the October 10 megacrash that wiped out nearly $20 billion from the crypto market. One big […]