Browsing: Bitcoins

Bitcoin’s dominance just slipped below 60% for the fourth time in history, and the previous three crossings each ended very differently. One crucial factor sets this moment apart from all of them, and it changes everything about what comes next.

Q4 is just around the corner, and the crypto market is already discussing whether it will be bullish or bearish.

Add preferred source Crypto analyst Lark Davis identified two key support levels for Bitcoin as the market digests the Federal Reserve’s interest rate hike. The first is the 200-day exponential moving average near $73,000; a break below that could open the door to roughly $67,000. Davis attributed the current weakness to US regulatory developments and…

Morgan Creek Capital founder and CEO Mark Yusko on Wednesday said Bitcoin‘s(CRYPTO: BTC) long-term appreciation is effectively built into the network as adoption expands and new supply keeps falling.

Bitcoin is experiencing a surge in interest in the ETF space, particularly as Eric Balchunas notes the generational shift favoring cryptocurrencies over traditional investments like gold. This observation highlights how Bitcoin’s appeal is growing among younger investors, with implications for future market dynamics. For more details, see Balchunas’ analysis on Twitter.

Bitcoin stayed close to $76,500 on Sept. 17 even as two demand-related indicators weakened: Realized Cap posted its first daily contraction in 28 days, and U.S. spot Bitcoin exchange-traded funds recorded a second consecutive day of net outflows.

Bitcoin does not face a near-term quantum-computing threat, according to Ledger chief technology officer Charles Guillemet, though it may take years to prepare the network for a post-quantum world.

Bitwise CIO Matt Hougan stated that the upward trend in Bitcoin’s price could continue as long as debt-related concerns do not ease. Hougan supported his assessment with a chart he shared on social media platform X, highlighting the relationship between market developments and Bitcoin’s performance.

Bitcoin faces a compressed volatility test as the Federal Reserve’s rate decision lands two days before a major IBIT options expiry.

The recent crypto pullback is being shaped by more than chart resistance. Regulatory disappointment, tighter monetary expectations and rising realized losses among short-term holders (STHs) are now converging in an already unstable market.