Market Analysis

Bitcoin’s supply on exchanges has fallen to its lowest level in five years, with over 23,000 BTC withdrawn in the past week. This reduction in selling pressure could set the stage for a price recovery, despite the market’s current bearish sentiment.

Dutch analyst PlanB argues that despite a recent 30% correction, Bitcoin remains heavily undervalued based on his Stock-to-Flow model. He outlines three potential market scenarios, suggesting that institutional investment may be dampening volatility and setting the stage for a sustained bull run.

While Bitcoin remains stable, Ethereum gains over 3% following a significant network update, with several related tokens also rising.

Bitcoin’s price is rallying, fueled by aggressive buying, but analysts warn this signals an overheated market. Contrasting this with stalling economic velocity, they caution that the current momentum may be driven by leverage rather than solid fundamentals, making the rally potentially fragile.

Bitcoin has surged over 12% in two days, recovering from Monday’s slump. Analysts attribute the rebound to a market cleanup involving massive deleveraging and capitulation, potentially setting the stage for a relief rally.

MicroStrategy has outlined conditions under which it would sell its Bitcoin holdings. A further 15% price drop in Bitcoin could trigger these sales, potentially initiating a market ‘death spiral’ and presenting a key buying opportunity.

The 3-month U.S. Treasury yield has fallen to a one-year low, signaling that the market anticipates a Federal Reserve pivot from tightening to easing. This shift has significant implications for Bitcoin’s price trajectory.

Bitcoin has bounced back above $92,000 after a sharp drop, with analyst Michaël van de Poppe suggesting the market may have bottomed. The breakthrough of the $92K resistance level could pave the way for a new all-time high and a test at $100K.

A new report highlights a surge in leverage trading, leading to more violent market swings. The ‘Early Black Friday’ event saw over $640 million in hourly liquidations, while Bitcoin’s dominance and spot volumes continue to grow, signaling a maturing market.

Bitcoin’s price fell below €80,000 following news that Microsoft had lowered its sales targets for AI software. The development sparked concerns about the growth of the AI sector, leading to a sell-off in tech stocks that also impacted the cryptocurrency market.