Bitcoin

Focuses on news, price analysis, technological evolution, and market trends within the Bitcoin ecosystem. It explores its role and influence in the global financial system.

Structural Weakness

Since recording an all-time high in early October, Bitcoin has entered a structurally weak phase, trading within a range bounded by the Realized Price near $55k and the True Market Mean around $79.2k. The market is currently testing the $60k–$72k accumulation range from H1 2024, where buyer support has emerged, but overhead supply and negative institutional flows pose significant resistance. Off-chain data shows broad de-risking, with Digital Asset Treasury flows turning negative and spot volume lacking sustained demand. Derivatives markets indicate reduced speculative activity, elevated implied volatility, and persistent demand for downside protection, reflecting a cautious and fragile sentiment. Without a strong catalyst or renewed institutional demand, Bitcoin is likely to remain range-bound with elevated volatility, as the market struggles to establish a durable foundation for upward momentum.

insights.glassnode2 ч. назад

insights.glassnode2 ч. назад

Bitcoin Moves With Tech Stocks, Not Gold, Grayscale Research Shows

Grayscale Investments research reveals Bitcoin's price movements are increasingly correlated with technology stocks rather than traditional safe-haven assets like gold. The report notes Bitcoin's recent decline below $60,000 aligned with broader tech sector sell-offs, and its behavior resembles that of growth-oriented tech equities. This challenges the narrative of Bitcoin as a hedge against equity risk. While Bitcoin retains long-term store-of-value features like limited supply and decentralization, its short-term performance is now tied to risk appetite and capital flows influenced by tech stock performance. The analysis suggests that institutional ETF activity is integrating Bitcoin into traditional finance, potentially strengthening its connection to risk assets. Despite this shift, regulatory developments and broader blockchain infrastructure growth could impact future adoption and correlation trends.

TheNewsCrypto7 ч. назад

Bitcoin Moves With Tech Stocks, Not Gold, Grayscale Research Shows

TheNewsCrypto7 ч. назад

Bitcoin: How a $172M whale dump is pressuring BTC price

Bitcoin's price decline continues, failing to hold the $70,000 support level and reaching a local low of $66,529. A significant whale deposited 2,500 BTC, valued at $172.56 million, into Binance, signaling capitulation to limit losses. This is part of a broader trend of increased sell-side pressure from whales, with 37,000 BTC offloaded in a single day. Market data shows overwhelming seller dominance, with exchange inflows rising and the RSI indicating an oversold condition at 29.9. If this selling pressure persists, particularly from large holders, a further drop toward $62,000 is considered likely. For a trend reversal, BTC must reclaim the $72,000 and $80,000 resistance zones.

ambcrypto8 ч. назад

Bitcoin: How a $172M whale dump is pressuring BTC price

ambcrypto8 ч. назад

Bitcoin Wallet Activity Emerges in Nancy Guthrie Case

Activity has been detected in a Bitcoin wallet linked to the ransom demand in the disappearance of Nancy Guthrie, mother of NBC Today co-anchor Savannah Guthrie. The activity, first noted since the ransom note was sent, occurred on February 6, shortly after the FBI released surveillance images of a person of interest. Details of the transaction remain undisclosed. Guthrie went missing on February 1 from her Arizona home after evidence of a struggle was found. A ransom note demanding millions in Bitcoin had been sent to media outlets, with two deadlines that have since passed. Officials have not confirmed whether the transaction is related to the kidnappers, the family, or law enforcement. The case reflects a broader trend of cryptocurrency-related kidnappings globally.

TheNewsCrypto9 ч. назад

Bitcoin Wallet Activity Emerges in Nancy Guthrie Case

TheNewsCrypto9 ч. назад

Bitcoin price dips as shutdown odds hit 67% – Is a local top ahead?

Bitcoin's price has dipped below $70k amid growing fears of a potential U.S. government shutdown, with traders pricing in a 67% chance of a shutdown beginning February 14th. Despite a 30%+ drop from its mid-January peak of $97k, new capital inflows have turned negative, indicating weak investor appetite. Stablecoin metrics, particularly USDT's declining market cap, suggest tightening liquidity and reduced risk sentiment. This mirrors previous shutdown cycles where liquidity drained and crypto assets fell significantly. Macro fears, including Fed policy uncertainty and geopolitical tensions, are outweighing dip-buying interest. Current conditions point to a potential local top rather than a durable support zone, with Bitcoin remaining vulnerable to further downside until liquidity stabilizes and confidence returns.

ambcrypto11 ч. назад

Bitcoin price dips as shutdown odds hit 67% – Is a local top ahead?

ambcrypto11 ч. назад

Bitcoin Sell-Off Goes Largely Unabsorbed: Fresh Capital Is Missing

Bitcoin is struggling to reclaim key resistance levels amid weakening market demand and persistent capital outflows. According to a CryptoQuant report, new investor inflows have turned negative, with cumulative 30-day flows dropping to approximately –$2.6 billion. This indicates that the current sell-off is not being absorbed by fresh capital, contrasting with typical bull-market corrections where dips attract new buyers. Instead, the market shows signs of a transitional phase often seen after a cycle peak, with price movements driven by internal capital rotation rather than new inflows. Without sustained demand, any upward price action is likely corrective rather than indicative of a trend reversal, suggesting continued resistance and volatility until new capital enters the market.

bitcoinist14 ч. назад

Bitcoin Sell-Off Goes Largely Unabsorbed: Fresh Capital Is Missing

bitcoinist14 ч. назад

Bitcoin – Is this a good time to enter the market and ‘buy the dip?’

Bitcoin's recent price drop has created market unease, but analysts suggest such periods of fear often present strategic buying opportunities. Current data shows that losses among Bitcoin investors are outweighing profits, with many selling at a loss after purchasing near recent highs. Approximately $2.6 billion in capital has exited the market over the past month, reducing typical dip-buying support. The realized profit-to-loss ratio has also declined, indicating accelerated loss realization. However, historical patterns show that extreme fear in market sentiment—often marked by terms like "crash" and "sell" in online discussions—frequently coincides with short-term price bottoms. Metrics such as MVRV suggest that when most holders are at a loss, selling pressure tends to decrease, potentially setting the stage for a rebound. This implies the current downturn may be closer to a reversal than it appears, presenting a potential entry opportunity for investors.

ambcrypto14 ч. назад

Bitcoin – Is this a good time to enter the market and ‘buy the dip?’

ambcrypto14 ч. назад

After Bitcoin's Plunge, We Finally Don't Have to Pretend Anymore

After Bitcoin's sharp decline from its peak, the author argues that the cryptocurrency is experiencing its "most honest moment" as conflicting narratives about its fundamental value have unraveled. The article critiques the evolving identities assigned to Bitcoin—from a decentralized anti-government currency (2017-2020), to "digital gold" hedging against inflation (2020-2023), and finally to a tech growth asset akin to Nasdaq stocks (2024 onward). Each narrative collapsed when market conditions contradicted its premise, leaving Bitcoin without a clear identity. The recent drop exposed market confusion: Bitcoin fell alongside equities during risk-off events and did not rise with gold's gains, revealing inconsistent correlations. The author suggests that the obsession with labeling Bitcoin as either a safe-haven or risk asset is misguided. Instead, Bitcoin’s value is purely consensus-driven, devoid of cash flows or intrinsic worth. The piece concludes that the collapse of narratives is healthy—it filters out speculative investors who relied on flawed stories, leaving behind those who believe in Bitcoin without needing justification. The author emphasizes that Bitcoin doesn’t require a fixed identity; it reflects market sentiment, and its volatility is inherent. Acknowledging uncertainty, rather than clinging to narratives, is a more honest approach to the asset.

marsbit15 ч. назад

After Bitcoin's Plunge, We Finally Don't Have to Pretend Anymore

marsbit15 ч. назад

The Bitcoin Vector #42

The article titled "The Bitcoin Vector #42" appears to be a premium, subscriber-only report. The content is locked behind a paywall, requiring a subscription starting at $175 per month to access. The brief visible text serves as a call to action for readers to either unlock the content or log in if they are existing subscribers. No substantive information about the report's topic or analysis is available without a paid subscription.

insights.glassnode16 ч. назад

Bitcoin Realized Losses Dominate – Bear Market Pressure Intensifies

Bitcoin remains under pressure, struggling below $70,000 with limited upward momentum as market sentiment turns cautious. On-chain data from Darkfost shows realized losses dominate, with a profit-to-loss ratio near 0.25—meaning $4 in losses are locked in for every $1 in profit. This reflects a market where investors who bought near highs are now selling at a loss. Large holders are also reducing exposure, signaling fragile confidence. While recent data hints at slight stabilization, sustained recovery requires the purge of weak hands to rebuild unrealized profits and restore investor trust.

bitcoinist17 ч. назад

Bitcoin Realized Losses Dominate – Bear Market Pressure Intensifies