Another Friday is upon us again, which means another batch of Bitcoin options are expiring as the asset holds ground above $70,000. Around 26,700 Bitcoin options contracts will expire on Friday, April 10, with a notional value of roughly $1.9 billion. This event is smaller than usual and very similar to last week’s expiry,…
Here’s why the worst for BTC may not be over yet. The American president, Donald Trump, shocked the world yesterday (April 7) when issuing a stark warning that “a whole civilization” will die, and many feared that the conflict in Iran could reach catastrophic dimensions. However, the warring sides agreed to lay down their…
Experts speculate whether Trump will follow through on his threats or will he extend the deadline once again. Bitcoin continues to be susceptible to the developments and statements regarding the war in the Middle East, as it appears the only factor that has impacted its price moves over the past month and a half….
Long-term holders are the least reactive to short-term price swings, so their decision to sell at a loss is seen as fear spreading widely. Data shared by on-chain analyst Crypto Dan shows that Bitcoin (BTC) long-term holders are selling at a loss. According to him, it means that the market may be approaching a…
Although both parties are reportedly in talks about a potential deal, a recent report from the Washington Post claimed that the US has begun preparing for a potential ground invasion into Iran that could last up to two months. This one follows previous reports that the Pentagon was mulling sending up to 10,000 troops in…
Tomorrow will mark the first month since the war against Iran began, but there’s no evident conclusion in sight. It was another eventful week on the Iran – Israel/US front, with multiple big developments, including some twists and turns, that continue to influence the risk-on crypto market. Recall that bitcoin was stopped at $76,000…
Two major sentiment spikes linked to war optimism have pushed crypto higher, but uncertainty still clouds whether this rally can sustain. Bitcoin continues to trade around the $71,000 level, as it showed steady performance amid mounting geopolitical uncertainty affecting broader financial markets. Its trajectory has contrasted with gold, which has weakened significantly despite its…
A popular analyst has flagged Bitcoin’s rebound last week as a bull trap and warned that a deeper correction could follow amid broader market weakness. Escalating conflict in the Middle East is weighing on global financial markets. Bitcoin is also facing renewed concerns of a potential historic downturn, and market participants appear to be…
Bitcoin is testing a historic floor zone tied to previous parabolic rallies. Bitcoin briefly climbed past $71,000 early Friday, as it slightly bounced back from earlier weakness. This comes as authorities worked to address oil supply disruptions in the Strait of Hormuz and restore market stability. Amid these developments, Bitcoin is nearing a long-standing…
Bitcoin’s push to $74,000 demonstrated strength, but heavy profit-taking and low futures activity suggest the rally may lack long-term sustainability. Bitcoin has broken above the upper boundary of its February-March trading range after climbing past $70,000 to touch $74,000 briefly. On-chain data indicates that the asset has moved beyond a dense accumulation cluster formed…