Bitcoin

After a significant drop from its all-time high, an analyst known as Mister Crypto suggests Bitcoin may have found its bottom. Citing whale activity and technical indicators, he predicts a potential rally, though cautions that the broader market sentiment remains bearish.

Bitcoin is showing signs of a cautious recovery, supported by dovish Fed signals and shifting ETF flows. However, analysts remain cautious, questioning if the uptrend is strong enough to reverse the recent downtrend, with key technical levels in focus.

After a period of sharp decline, Bitcoin’s volatility is decreasing, leading analysts to speculate about a potential ‘Santa Rally’ before the end of the year.

The US labor market is showing clear signs of strain, with layoffs surging to two-year highs. This economic weakening creates short-term headwinds for Bitcoin but could pressure the Federal Reserve into rate cuts, potentially offering medium-term support.

Nasdaq is proposing to quadruple the daily options contract limit for BlackRock’s iShares Bitcoin Trust (IBIT) to one million, a level currently reserved for major stocks like Apple and Nvidia. The move is driven by massive trading volume and growing institutional demand, signaling Bitcoin’s maturation as a mainstream financial asset.

Investor Murad Mahmudov predicts a long-term power struggle between the centralizing forces of AI and the decentralizing nature of blockchain, a conflict he says will shape the future of data, power, and ownership.

An analyst is drawing parallels between Bitcoin’s current price action and a 45% rally in late 2015. However, critics warn that market conditions have fundamentally changed in the past decade, making the comparison potentially misleading.

Bitcoin has reclaimed the $90,000 level, but underlying on-chain and futures market data suggest the recovery lacks conviction. Weak buying interest, underwater short-term holders, and declining open interest indicate the market may be poised for another downturn.

Bitcoin is trapped in a narrow range after a strong rally, facing a sell wall at $92,000. The broader market is also fading, with significant losses for Solana, Cardano, and other altcoins.

Bitcoin is down nearly 17% in November, potentially marking the worst November since 2018, but market sentiment shows signs of recovery with the Fear & Greed Index improving.