Browsing: Bitcoins

Best crypto to buy now searches are widening after Bitcoin was turned away around $87,000 for a third time. BTC then dipped toward $80,400 before recovering above $82,000, leaving buyers to decide whether the correction has created an entry or revealed stubborn overhead supply. That uncertainty often sends growth-focused traders looking for a separate catalyst…

Omkar Godbole is a Co-Managing Editor and analyst on CoinDesk’s Markets team. He has been covering crypto options and futures, as well as macro and cross-asset activity, since 2019, leveraging his prior experience in directional and non-directional derivative strategies at brokerage firms. His extensive background also encompasses the FX markets, having served as a fundamental…

Bitcoin [BTC] recently faced a sharp rally. However, it’s now showing signs of a potential cooling period. This has happened because investors have started booking substantial profits, despite the price struggling to break past the resistance level. According to Santiment, Bitcoin recorded roughly $1.03 billion in realized profits in a single day recently. This marked…

Michael Saylor recently asserted that Bitcoin’s supply cap remains unchanged despite market fluctuations. In a tweet to Luke Gromen, Saylor argued that a declining compound annual growth rate (CAGR) indicates a maturing asset, not fiat control influences. This statement, which has garnered significant attention, highlights ongoing conversations about Bitcoin’s adoption and scarcity in the digital…

Bitcoin’s traditional four-year cycle, where price bottoms occur 770-900 days after halvings, is showing signs of change. This cycle, Bitcoin reached a new all-time high before the halving, diverging from past patterns. Institutional inflows via spot ETFs and larger market capitalization have shifted Bitcoin’s price dynamics, making it more tied to macroeconomic liquidity than halving…