Browsing: BTC

Bitcoin fell about 2% to $84,035, slipping below the $85,000 threshold as upward momentum faded and long liquidations hit $500 million. A critical retest of the bull market support band now approaches for the cryptocurrency.

Strategy recently transferred 3,568 Bitcoin valued at $297 million to Fidelity Custody, sparking initial sale concerns. However, Arkham Intelligence confirmed the transactions were routine custodial operations rather than a liquidation.

Bitcoin (BTC) is currently trading at $84,462, down by 2%, with its volume reaching $42.188 billion. The 24-hour session has ranged between $83,654 and $86,254, while the seven-day range stretches from $75,971 all the way to $87,329.  Significantly, BTC was grinding in the low $60Ks, sitting on high-timeframe support while

CryptoQuant founder Ki Young Ju predicts that Bitcoin will see 3 to 5x returns this cycle instead of a 10x rally, driven by market maturity, institutional adoption, and milder bear markets.

Bitcoin price climbed above $81.5K on Sep. 21, extending its recovery after closing the previous week above a key long-term technical level for the first time in 45 weeks. At the time of writing, BTC was trading around $81,525, after reaching an intraday high near $82,074. Bitcoin gained nearly 6%

Bitcoin dropped below $75,700 following the stalled CLARITY Act vote in the U.S. Senate, substantial ETF outflows, rising Treasury yields, and caution ahead of the Federal Reserve’s rate announcement.