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.

BlackRock’s Bitcoin ETF redemptions drive Coinbase Prime deposits after BTC sell-off

BlackRock's Bitcoin ETF (IBIT) experienced significant activity following Bitcoin's sharp sell-off from the mid-$80,000s to the high-$60,000s. Blockchain data shows approximately 2,268 BTC transferred to Coinbase Prime, coinciding with IBIT's net outflows of $115.14 million for the week ending February 6. These movements are attributed to ETF redemption settlements and operational processes rather than discretionary selling. The price decline exhibited characteristics of liquidation-led stress, with a brief rebound to $70,000 lacking strong follow-through. The data indicates that ETF outflows confirmed existing market pressure and were part of standard settlement mechanics, not a shift in long-term institutional sentiment.

ambcrypto02/09 17:30

BlackRock’s Bitcoin ETF redemptions drive Coinbase Prime deposits after BTC sell-off

ambcrypto02/09 17:30

Here’s why Bitcoin feels a liquidity squeeze amid Japan’s policy shift

Japan's recent policy shift, marked by aggressive fiscal stimulus and yen weakness, triggered a cross-asset liquidity repricing. Capital rotated toward Japanese government bonds, draining liquidity from U.S. equities and strengthening the dollar. This tightening of global financial conditions cooled risk appetite, leading to losses in major U.S. indexes and spilling over into crypto markets. Bitcoin faced a leverage unwind and defensive flows, driven by liquidity constraints rather than fundamental deterioration. Bitcoin's price cycles closely track global M2 liquidity expansion and contraction. Recent M2 growth rebound supported its price recovery, but Japan-induced tightening has now compressed leverage, triggering cascading long liquidations—particularly in the $68,000–$70,000 zone—and erasing over $1 billion in leveraged positions. This leverage reset phase may cap near-term upside until structural liquidity conditions improve, though Japan’s supportive Web3 policies could eventually renew investor interest.

ambcrypto02/09 16:02

Here’s why Bitcoin feels a liquidity squeeze amid Japan’s policy shift

ambcrypto02/09 16:02

Analyst’s Bitcoin Price Crash Prediction From May 2025 Resurfaces And It Says The Bottom Is Not In

A previously published Bitcoin price crash projection from analyst KillaXBT, dating back to May 13, 2025, has regained attention for accurately predicting the current market downturn. The model uses rotational market mathematics to identify cycle stages—accumulation, distribution, and breakdown—and signaled that Bitcoin had not yet reached a macro bottom. The analysis highlighted key levels, including accumulation phases that fueled the rally and distribution zones near $115,000–$120,000 where exhaustion signals emerged. The chart correctly anticipated rejections at highs, fading momentum, and eventual breakdowns, with Bitcoin transitioning into mid-range consolidation around $100,000 before falling further. Currently, Bitcoin is trading in a lower distribution band near $70,000, with the model suggesting extended bearish consolidation. Relief rallies lack strength, and volatility remains high on declines. The projection indicates a potential capitulation toward $50,000 to complete the distribution phase, concluding that the true market bottom has not yet been established.

bitcoinist02/09 16:01

Analyst’s Bitcoin Price Crash Prediction From May 2025 Resurfaces And It Says The Bottom Is Not In

bitcoinist02/09 16:01

Contrary To Popular Belief, This Is Not The Worst Bitcoin Crash In History – Here’s The List

Contrary to popular belief, the recent Bitcoin crash is not the worst in its history. According to Swan CEO Cory Klippsten, the decline from the all-time high of $126,000 to $60,000 (a 52% drop) ranks only as the 9th-largest Bitcoin drawdown. The most significant crash occurred in 2011, when BTC fell 94% from $32 to $2. Other major crashes include an 87% drop from $1,160 to $152 (2013-2015) and an 84% crash from $19,600 to $3,100 (2017-2018). Analyst Michaël van de Poppe noted the appearance of a capitulation candle on the weekly chart, suggesting that the range of $65,000–$70,000 may form a bottom area. While some experts, like Peter Brandt, warn that Bitcoin could still drop to around $42,000, van de Poppe is optimistic, predicting a potential rally toward $85,000. At the time of writing, Bitcoin price is around $71,000, up over 2% in 24 hours.

bitcoinist02/09 15:06

Contrary To Popular Belief, This Is Not The Worst Bitcoin Crash In History – Here’s The List

bitcoinist02/09 15:06

Crypto Analyst Points Out his Long and Short BTC Positions

A crypto analyst, Lennaert Snyder, has outlined his trading strategy for Bitcoin, indicating both long and short positions. He plans to short BTC if it sweeps the $72,721 level with bearish momentum, targeting the $65,322 liquidity zone. For long positions, he would test the $65,322 support area, with a final long scenario above $76,971. This analysis comes as BTC's price retraces to $69,072.34, down 2.52% in 24 hours and 45.62% below its all-time high. Kalshi Traders forecast a 90% chance of BTC dropping below $60,000. Despite the bearish signals, Snyder projects BTC could reach around $88,827 in three months, a 29.15% surge.

TheNewsCrypto02/09 13:22

Crypto Analyst Points Out his Long and Short BTC Positions

TheNewsCrypto02/09 13:22

BIP-110 Protocol: The Necessary Path to Bitcoin's Million-Dollar Milestone?

This article argues that Bitcoin's path to reaching a $1 million valuation depends on maintaining its core monetary promise: a fixed supply of 21 million coins enforced by a decentralized, permissionless node network. The author identifies a systemic attack on this network, enabled by a vulnerability (CVE-2023-50428) in Bitcoin Core that allows non-monetary data (like Ordinals inscriptions and BRC-20 tokens) to bypass spam filters via Taproot transactions. While Bitcoin Knots patched this, Bitcoin Core not only refused to fix it but also removed OP_RETURN size limits in version 30, further bloating the blockchain. The proposed solution, BIP-110, would filter out non-monetary data transactions (41.5% in a 10-day sample) without affecting any legitimate financial transactions, reclaiming 36% of block space. The author contends that prioritizing monetary use over non-monetary data storage is essential to preserve node accessibility, decentralization, and long-term credibility for institutional adoption. The article urges node operators to switch to Bitcoin Knots to enforce BIP-110 and protect Bitcoin's monetary integrity.

marsbit02/09 13:05

BIP-110 Protocol: The Necessary Path to Bitcoin's Million-Dollar Milestone?

marsbit02/09 13:05

Is Bitcoin price setting a trap near $72K before BTC’s next move?

Bitcoin's price hovered near $72K after a volatile week, with a potential short-term move expected from Monday's trading session. The 4-hour chart indicates a bearish trend, with key resistance at $72K–$74K. Despite a MACD nearing a bullish crossover, the On-Balance Volume (OBV) suggests low buying interest, supporting a bearish outlook. However, a possible short squeeze could drive prices toward $80K to liquidate overhead shorts before resuming a downtrend. Retail investors showed panic-driven selling during recent declines, but their influence remains limited. A break above $79.3K would invalidate the bearish structure.

ambcrypto02/09 13:01

Is Bitcoin price setting a trap near $72K before BTC’s next move?

ambcrypto02/09 13:01

Returning to $70,000: Is Bitcoin's Violent Rebound a Trend Restart or a Bull Trap?

Bitcoin experienced a violent rebound from $60,000 to over $70,000 within 24 hours, erasing a recent 14% crash. However, the rally was not driven by strong spot buying but rather by a combination of macro market stabilization and forced short-covering amid extreme fear sentiment in derivatives markets. Key factors behind the earlier selloff included expectations of liquidity tightening due to Trump’s potential Fed appointment, pressure on miner profitability, and spillover from tech stock and metals volatility. Despite the sharp recovery, options traders are heavily hedging against a potential retest of the $50,000–$60,000 range by late February. Sustaining $70,000 depends on continued macro stability, reduced ETF outflows, and normalized derivatives sentiment. The rebound appears more of a mechanical squeeze than a conviction-driven reversal.

比推02/09 12:59

Returning to $70,000: Is Bitcoin's Violent Rebound a Trend Restart or a Bull Trap?

比推02/09 12:59

Bitcoin Returns to $70K: Rebound or Real Trap?

Bitcoin surged from $60,000 to over $70,000 in under 24 hours, erasing a 14% drop, but the rebound was driven more by macro-market stabilization and forced liquidations than strong spot buying. The sell-off was triggered by risk-off sentiment across assets, including tech stocks and metals, exacerbated by expectations of tighter liquidity under a potential Trump-appointed Fed chair. Despite the rebound, derivatives markets show persistent bearish signals: negative funding rates, skewed put options, and ETF outflows. Options traders are pricing in a significant chance of a drop to $50,000–$60,000 by late February. Holding $70,000 depends on sustained macro stability, reduced leverage, improved miner conditions, and a reversal in institutional outflows. The rebound appears fragile, with underlying sentiment remaining cautious.

marsbit02/09 12:30

Bitcoin Returns to $70K: Rebound or Real Trap?

marsbit02/09 12:30

Bitcoin Rebounds Near $71K Level Securing Maxi Doge Market Stability

Bitcoin's rebound near $71,000 is acting as a key market stabilizer, reducing volatility and encouraging capital rotation into higher-risk, higher-reward assets. This shift in sentiment favors projects that combine meme culture with tangible utility, such as Maxi Doge ($MAXI), which has raised over $4.5 million in its presale. Positioned as the "leverage king," Maxi Doge appeals to traders seeking high-risk, high-reward opportunities through gamified features like holder-only trading competitions and dynamic staking rewards with 68% APY. The project’s gym-bro ethos and focus on aggressive growth align with current market trends, attracting smart money and retail interest. While Bitcoin’s stability sets a bullish tone, analysts caution that a deeper correction to around $34.5K remains possible if historical patterns repeat.

bitcoinist02/09 11:32

Bitcoin Rebounds Near $71K Level Securing Maxi Doge Market Stability