Bitcoin achieved new six-week highs at the week's first Wall Street open, but analysis stayed risk-off, arguing that the long-term BTC price downtrend was still in place.
William Suberg
William Suberg is a staff writer at Cointelegraph, specializing in markets coverage. He has been part of Cointelegraph’s editorial team since October 2013. Suberg began following Bitcoin while completing his master’s degree and has since focused on reporting on cryptocurrency markets and broader industry developments.
- Market Update
Bitcoin nears $75K as trader says BTC price squeeze 'changes nothing' - Markets News
$58K BTC price still in play? Five things to know in Bitcoin this week Bitcoin traders demanded further support reclaims to avoid a return to fresh macro lows next, as BTC price hit six-week highs.
- Market Update
Bitcoin price teases key support reclaim with weekly close above $70K Bitcoin edged toward an important weekly close above $70,000 that would reclaim an important 200-week trend line.
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Bitcoin price eyes $74K rematch as US PCE inflation boosts crypto, stocks Bitcoin bulls squeezed the market toward $74,000 again as promising US inflation data buoyed risk assets, but BTC price forecasts stayed mixed.
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Bitcoin ‘passing geopolitical stress test’ as BTC price spikes above $72K Bitcoin price analysis saw conditions slowly "building” to support a breakout as BTC emerged as the strongest macro performer since the US and Israel-Iran war began.
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Bitcoin hugs $70K range as March Fed rate cut odds fall below 1% Bitcoin reacted in kind to calm US macro data, while oil stayed volatile amid uncertainty over the duration of the Middle East conflict.
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Bitcoin rebounds on flat US CPI as oil price cools on 400M barrel release Bitcoin moved back above $70,000 after the United States Consumer Price Index met market expectations, while traders monitored oil prices.
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Bitcoin faces ‘highly volatile’ setup as bulls eye return to $80K by month-end Bitcoin open interest sparked a prediction of high BTC price volatility to come as $70,000 remained the bulls' key reclaim level.
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Bitcoin hits $71.5K+ local high as analyst sees bears 'stepping in' soon Bitcoin copied a relief rally in stocks, but concerns focus on downside liquidity and looming 50-day moving average resistance.
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Bitcoin price retags $69K as G7 oil plan hangs in the balance Bitcoin managed to avoid losses suffered by global stock markets over oil supply uncertainty, with a 5% relief bounce from its weekly open level.
- Markets News
Bitcoin braces for oil shock and death crosses: 5 things to know this week Bitcoin faced two death crosses and the total failure of the $74,000 BTC price breakout headed into the second week of March as the US and Israel-Iran war raged on.
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Bitcoin preps fresh trend line showdown as weekly close sparks $60K target Bitcoin price weakness brought back the risk of cementing its 200-week exponential moving average trend line as new resistance.
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Bitcoin price drops to near $68K as US jobs weakness fails to rescue bulls Bitcoin erased its latest breakout attempt after hitting $74,000 as surprisingly weak labor-market data offered no tailwind to crypto or risk assets.
- Markets News
Bitcoin ‘anomalous’ outflow sees 32K BTC leave exchanges in a single day Bitcoin exchange withdrawals spiked to more than $2 billion of BTC on Wednesday, with analysis eyeing a potential major spot buy.
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Bitcoin trader sees 'lower soon' as BTC price starts to erase $74K breakout BTC price upside lost momentum after hitting one-month highs as more traders joined bearish predictions for Bitcoin's next move.
- Markets News
Bitcoin bears ‘annihilated’ as analysis sees $65K support test next Liquidity analysis suggests bulls are in control after Bitcoin’s move to $74,000, though a support retest could take BTC price action nearly $10,000 lower.
- Markets News
Bitcoin still due ‘next leg down’ as $73K BTC price precedes death cross A new Bitcoin death cross would ensure continuation of the bear market unless a "major bullish catalyst" appears, per new BTC price analysis.
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Bitcoin price nears one-month high as bulls propel BTC toward $72K BTC price upside returned during Wednesday's Asia trading session as Bitcoin attacked a long-term trend line and psychological levels.
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Bitcoin falls 3% in global sell-off as oil fears hit stocks and gold Bitcoin bulls gave up their latest mission to reclaim $70,000 as Iran escalation sparked oil supply fears that gripped stocks and gold.
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Bitcoin nears $70K as PMI boost sees BTC price leave Iran woes behind Stronger-than-expected US manufacturing data lifted Bitcoin toward $70,000, even as US stocks struggled amid geopolitical uncertainty.
- Markets News
‘This is not World War III:’ Five things to know in Bitcoin this week Bitcoin avoided an Iran sell-off to start March, but traders still expected BTC price support to give way in bearish market conditions.
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Bitcoin traders eye Iran reactions as oil spike raises US 5% inflation risk Bitcoin avoided a fresh breakdown around major geopolitical events in the Middle East, with BTC price targets now including $74,000 next.
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Bitcoin price drops to $63K as US, Israel launch airstrikes on Iran Bitcoin faced geopolitical instability alone as a weekend move on Iran saw traditional markets closed, with key support still holding.
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Bitcoin threatens new breakdown as US PPI sends gold to 1-month high Hotter US PPI inflation data boosted precious metals but punished Bitcoin bulls, with BTC price downside nearing 3% on the day.
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Bitcoin bear market not over as BTC fails to reclaim $68K trend line Bitcoin price strength failed to reclaim a key support zone with traders still expecting the bear market to match previous cycles.
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Bitcoin daily gains near 5% as analysis eyes bullish ‘rotation’ from gold Bitcoin began an assault below the 200-week exponential moving average in fresh signs of upward BTC price momentum at the start of the US session.
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Bitcoin bounces to $66K as rumors swirl over Jane Street selling algorithm Bitcoin traders had mixed opinions over what caused a BTC price rebound past $66,000 as attention focused on Jane Street selling pressure.
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Bitcoin ‘fair value’ gap sets $45K target as AI woes haunt stocks, gold BTC price targets stayed bearish with a zone of interest below $50,000 as macro assets saw increasing downside pressure at the Wall Street open.
- Markets News
Bitcoin ETF sell-off is ‘purification’ of bull case, investor says Bitcoin ETF investors have recorded sustained outflows this year, but EMJ Capital’s Eric Jackson argues a longer-term institutional buyer base could emerge.
- Market Update
Bitcoin traders diverge over BTC price strength with $60K in sight Bitcoin gained both upside and downside targets as the Wall Street open brought fresh BTC selling pressure and tariff reactions began.