Bitcoin

Bitcoin’s $72K crash sparks a whale leverage war — What’s next?

Bitcoin experienced significant volatility, dropping to $72k before rebounding to $76,873, and was trading at $76,049 at press time. Large investors are aggressively entering the futures market, with one whale opening a $3M long position and another a $5.2M short. Derivatives volume surged 50% to $108B, while open interest declined. The overall futures market shows a bearish bias, as the short/long ratio sits below 1. Technical indicators suggest sellers remain in control, with a potential further drop toward $74k. A trend reversal would require reclaiming the $81k resistance level.

ambcrypto02/05 03:03

Bitcoin Sees Role Reversal: Whales Are Closing Long Positions, Retail Are Piling In

Bitcoin's price has declined nearly 50% from its all-time high of $126,000, triggering a significant shift in market sentiment. Analysis by Joao Wedson reveals a divergence between whale and retail behavior: large holders are closing long positions opened around $75,000, while retail investors are increasing bullish exposure in anticipation of a rebound. This trend suggests whales are reducing risk and locking in gains, whereas retail traders often hold positions longer driven by greed. Two scenarios are likely—sideways movement or further decline. Additionally, BTC addresses appear to be in distribution mode, contradicting common market beliefs and highlighting the importance of coordinated behavior across investor cohorts rather than isolated whale actions.

bitcoinist02/05 02:03

Bitcoin Briefly Falls Below $72,000: How Much Faith Remains in the Crypto World?

Bitcoin fell below the $72,000 mark, hitting its lowest level since November 2024 and deepening concerns over a "crisis of faith" in the cryptocurrency market. The decline, which saw Bitcoin drop over 42% from its October peak, is now driven by broader cross-asset selling pressure rather than just crypto-specific deleveraging. Global risk aversion intensified as the Nasdaq 100 fell more than 2%, with Bitcoin down in tandem—challenging its narrative as a safe-haven asset. Market sentiment has turned to "extreme fear," and analysts warn that if $72,000 fails to hold, Bitcoin could test $68,000 or even lower levels seen in early 2024. According to prediction markets, there is an 83% chance Bitcoin falls to $65,000 this year, and a 59% probability it drops below $55,000. ETF flows have been volatile, with inflows quickly reversing to outflows, reflecting unstable institutional interest. The crypto market has lost $1.7 trillion in value since its peak, raising questions about Bitcoin’s role during periods of market stress.

华尔街日报02/05 00:53

Epstein’s Alleged Bitcoin, Crypto Investments Surface In Newly Released DOJ Files

Newly released DOJ documents reveal Jeffrey Epstein's indirect financial ties to early Bitcoin infrastructure. Epstein reportedly invested $3 million in Coinbase in 2014 through an entity linked to Brock Pierce, later selling part of his stake for $15 million. He also participated in Blockstream's seed round with an initial $50,000, later increased to $500,000, and allegedly hosted its co-founder Adam Back. Additionally, Epstein donated approximately $525,000 to MIT's Digital Currency Initiative, which funded Bitcoin Core developers after the Bitcoin Foundation's collapse. While the documents show Epstein had financial exposure to crypto and claimed to have "spoken with some of the founders of Bitcoin," there is no evidence linking him to Bitcoin's technical creation or design. Speculation about his connection to Satoshi Nakamoto remains unsubstantiated.

bitcoinist02/05 00:02

Schiff vs. Saylor heats up again: Is Strategy’s Bitcoin bet finally cracking?

The long-running debate between gold advocate Peter Schiff and Bitcoin supporter Michael Saylor has reignited as Bitcoin struggles to gain momentum. Schiff criticized Saylor's company, MicroStrategy, for its massive $54 billion Bitcoin investment, which is sitting on an unrealized loss of about 3% with BTC trading near its average purchase price of $76,000. He dismissed Bitcoin as a risky and unproductive asset, predicting greater losses ahead. However, the community defended Saylor, arguing that judging the investment cycle mid-drawdown is misleading and that current market pressures reflect broader economic conditions rather than a flaw in Bitcoin. Despite recent setbacks, including a $900 million unrealized loss and declining stock price, MicroStrategy remains the world's largest corporate Bitcoin holder with over 713,500 BTC. The debate underscores the polarized views on Bitcoin's role as a long-term inflation hedge versus a speculative risk.

ambcrypto02/05 00:02

Bitcoin falls below $72,000 as weak spot demand and long liquidations pressure price

Bitcoin declined below $72,000 on February 4, reaching a new local low amid sustained selling pressure. It traded around $71,800, down 5% on the day, marking its weakest level since late 2024. The downturn was driven by weak spot market demand, particularly from U.S. investors, as indicated by a negative Coinbase Premium Index. Additionally, over $235 million in liquidations occurred in 24 hours, with long positions accounting for $198 million, accelerating the drop. Key supports at $80,000 and $75,000 failed to hold. Traders are now monitoring the $70,000 level; a break below could lead to further declines, while reclaiming $75,000–$78,000 is needed for stabilization.

ambcrypto02/04 22:46

Bitcoin’s THIS profit signal is weakening — Why BTC traders should watch

Bitcoin's key profit signal, the Realized Profit/Loss Ratio (90-day SMA), is weakening and approaching the neutral level of 1, indicating shrinking profit dominance and increased loss realization. This reflects mounting market stress, though not full capitulation. Concurrently, the MVRV Z-Score has compressed to its lowest since October 2022, pulling prices closer to fair value and reducing speculative excess. The NVT Golden Cross has deteriorated sharply, signaling weak on-chain transaction support for current valuations. Furthermore, declining exchange reserves and persistent outflows point to thinning liquidity, which amplifies price volatility. Despite these pressures, continuous coin withdrawals suggest strategic accumulation rather than panic selling. The overall metrics describe a phase of controlled stress, where Bitcoin is closer to stabilization but remains in a volatile, neutral environment awaiting a recovery in network demand or facing prolonged compression.

ambcrypto02/04 22:02

Bitcoin Quantum Panic Flares As Nic Carter And Developer Matt Corallo Clash

bitcoinist02/04 21:02

Bears In Control

Bitcoin has decisively broken below the True Market Mean near $80.2k, confirming a shift into a bearish regime. On-chain metrics show increased realized losses and investor stress, while key demand zones are identified between $70k–$80k. Off-chain, institutional flows have turned negative, spot volumes remain weak, and futures liquidations have accelerated. Options markets reflect heightened fear, with elevated implied volatility and steep downside skew indicating strong demand for protection. Without a return of sustained spot demand and inflows, the market remains fragile and vulnerable to further downside.

insights.glassnode02/04 18:57

Bhutan Bitcoin transfers spark sell speculation as on-chain data shows no follow-through

Recent Bitcoin transfers from Bhutan-linked wallets, including a 184 BTC ($14M) transaction and a 100.8 BTC transfer days earlier, sparked market sell-off speculation. However, on-chain data indicates these were likely internal or custodial movements rather than direct exchange deposits. No sustained increase in exchange inflows or reduction in Bhutan’s ~5,700 BTC ($417M) holdings has been observed. In a weak market, such movements attract attention, but historical patterns suggest they are routine and not indicative of active selling. Without further evidence of exchange-bound transactions or declining balances, claims of liquidation remain unconfirmed.

ambcrypto02/04 18:03