Bitcoin is looking a little like āThe Upside Downā right now.
Yields are above 5%, the Fed has hiked, the dollar is stronger, yet $BTC still pushed toward $87K.
Benjamin Cowen is watching the weekly close and the $83K level closely. Hold that area, and the breakout could continue. Lose it on a weekly close, and the deeper Q4 pullback scenario remains in play. #BTC Price Analysis# #Macro Insights#
That would mean roughly a 5X from current levels in just FOUR YEARS.
Coinbase CEO Brian Armstrong says the target is āreasonableā and he also believes the $BTC bottom is already in. #BTC Price Analysis# #Macro Insights#
The token is currently around $0.006487, up roughly 16% over the past month, but I think the bigger setup could depend on what $BTC does next.
If Bitcoin keeps pushing higher, confidence across the altcoin market could improve, creating more room for coins already showing momentum to extend their moves.
@Diam has been holding up well so far. Now Iām watching volume, liquidity, and whether buyers can keep stepping in.
If those start aligning with continued BTC strength, the next move could be worth watching closely.
The token is currently around $0.006487, up roughly 16% over the past month, but I think the bigger setup could depend on what $BTC does next.
If Bitcoin keeps pushing higher, confidence across the altcoin market could improve, creating more room for coins already showing momentum to extend their moves.
$DIAM has been holding up well so far. Now Iām watching volume, liquidity, and whether buyers can keep stepping in.
If those start aligning with continued BTC strength, the next move could be worth watching closely.
Iāve been watching $ENA lately, and the setup is getting pretty interesting. Thereās been around $2B in trading volume, but the bigger story is whatās happening behind the scenes.
Ethena approved using 100% of net protocol revenue for ENA buybacks, while seed investor OTC buyouts are completed and monthly VC unlocks have been eliminated. With the $1B FalconX credit facility and TVL around $4B, thereās still serious capital behind the protocol.
Even with $BTC taking most of the market attention, ENA is starting to stand out. ENA is also a Top 5 trading pair on Bitget, so Iām watching the derivative activity closely.
Iām not chasing the pump. Iām waiting for a clean setup.
Are you watching ENA too, or waiting for a better entry? #BTC Price Analysis# #Macro Insights#
A familiar pattern is showing up again for $BTC . Historically, whenever August closes green, September has often followed with a bearish move. Now, we may be seeing the same setup form once again. #BTC Price Analysis# #Macro Insights#
$BTC just swept the liquidity sitting above. Now the key levels are clear: $78K-$80K above $73K-$75K below $69K-$71K deeper down The real question now: which zone does BTC hit first? š #Macro Insights# #BTC Price Analysis#
Pantera Capital says Bitcoin positioning is āstarting to reverseā after 10 months of compression. The $3.8B fundās Cosmo Jiang says $BTC spent months range-bound before pulling back nearly 50%. Now, traders appear to be shifting from being net short to realizing they want to be long. #BTC Price Analysis# #Macro Insights#
Glassnode data shows high-conviction buyers have been steadily accumulating $BTC since January, with their share of supply purchased this cycle exceeding levels seen in 2022. #Macro Insights# #BTC Price Analysis#
Metaplanet has moved 3,881 $BTC , worth around $247.3M, over the past three hours, according to Arkham data. #BTC Price Analysis# #Macro Insights#
$BTC and $ETH tweet volume has fallen to bear market lows. The crowd has gone silent. The last time sentiment was this quiet? It was 2022. We all know what happened next. #Macro Insights#
The crypto market attracted more than $1.1 billion in inflows over the past week, helping $BTC climb to $66.3K, its highest level since June 15. The surge reflects renewed investor confidence and a stronger market outlook. #BTC Price Analysis#
$BTC ETFs recorded $56 million in outflows this week. The key question is whether this is routine profit-taking or a sign of a larger shift in market sentiment. #BTC Price Analysis#
$TAO trying to consolidate the key $210 support range here within the downtrend channel. Really important level. Decentralized AI will have a massive momentum sooner than later. The recent Fable ban it's the proof. #BTC Price Analysis#
The German government is considering to remove the rule that makes gains on $BTC and other cryptocurrencies tax-free if held for more than 12 months. Finance Minister Lars Klingbeil said the government will "tax cryptocurrencies differently" as part of its 2027 budget. #BTC Price Analysis#