Bitcoin’s price showed resilience after a minor dip, with buyers defending the $86,000 level. The market is now focused on the upcoming US PCE inflation data for further direction.
Analyst James Check warns that Bitcoin’s price could fall to $70,000 as a wave of liquidations creates a snowball effect, amplifying the current downtrend.
Bitcoin is currently in a consolidation phase, with market uncertainty prevailing. Analyst Sjuul Follings suggests the coming weeks are crucial, noting key support and resistance levels that will determine whether the bull market resumes or the decline intensifies.
Arthur Hayes predicts that the recent low at $80,000 was the bottom for bitcoin, citing macroeconomic factors such as the end of quantitative tightening and increased bank lending. Meanwhile, the Fed is expected to cut rates, which could boost the crypto market.
As Bitcoin’s price recovers above $87,000, analysts are divided. While some see short-term bullish signals pointing towards a potential rally to $110,000, the looming ‘death cross’ technical pattern warns of further downside, making this a critical juncture for the market.
Michael Saylor’s Strategy has raised $21 billion year-to-date in 2025 to acquire more Bitcoin, utilizing a mix of equity and debt. The firm recently made its largest BTC purchase since July and is on pace to surpass its 2024 fundraising total.
New market data reveals that hedge funds have taken massive short positions against the U.S. dollar, a historically crowded trade that often precedes a sharp reversal. This article explores the potential consequences of a dollar short squeeze for the Bitcoin price, analyzing both short-term risks and long-term opportunities.
Jan van Eck, CEO of asset manager VanEck, stated in a CNBC interview that his firm would exit Bitcoin if quantum computers compromise its cryptographic security. He also shared his views on market cycles, dollar-cost averaging, and the growing interest in privacy coins like Zcash.
Texas has become the first U.S. state to purchase Bitcoin, investing $10 million via BlackRock’s IBIT ETF to establish a strategic digital reserve. The state plans to eventually move to self-custody, setting a potential precedent for other states.