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Bitcoin historical price pattern chart. Source: TradingViewThe analysis identifies three bear traps, each marking a false breakdown followed by a strong bullish reversal. The first trap occurred around the $40,000–$45,000 level in late 2024. A brief decline triggered bearish sentiment, only for the price to reverse sharply upward. A second trap followed at the $50,000–$55,000…
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The much-anticipated White House Crypto Summit on Friday ended with a whimper rather than a bang for cryptocurrency traders, sending altcoins like XRP, Cardano’s ADA, and Solana’s SOL into steeper declines than market leader bitcoin (BTC). Investors had pinned high hopes on President Donald Trump’s pro-crypto stance, expecting bold announcements about a U.S. strategic crypto…
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New York CNN — This week, the Trump White House announced a project that the crypto industry loves, skeptics hate, and that most people, reasonably, don’t really care about: a “bitcoin strategic reserve.” The words are opaque and boring, and you’d be forgiven for tuning them out. But if you want to understand the controversy,…
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Bitcoin exchange-traded funds (ETFs) saw nearly $370 million worth of net outflows on March 7 as investors reacted to President Donald Trump’s plan for a US strategic Bitcoin reserve, according to data from Farside Investors. The outflows indicate institutional investors are wary of Bitcoin (BTC) exposure after Trump’s March 6 executive order — which created…
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Bitcoin’s price continues to move between bullish and bearish territory, reflecting ongoing uncertainty in the market. After reaching $94,000 earlier this week, the cryptocurrency has since retreated below $90,000, marking an approximately 18% drop from its all-time high (ATH) of $109,000 recorded in January. This latest pullback highlights the shifting sentiment among investors and the…
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Bitcoin’s price has once again turned bearish after briefly recovering to $94,000 on Monday. Notably, the cryptocurrency had shown signs of strength earlier this week following a period of decline, but the recovery was short-lived. As of today, Bitcoin slipped below $90,000, marking a 1.8% decrease in the past 24 hours. According to CryptoQuant analyst…
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“From this day on, America will follow the rule that everyone in Bitcoin knows very well — never sell your Bitcoin.” -President Donald Trump, 3/7/25 at inaugural White House Crypto Summit The President of the United States is now reciting popular Bitcoin maxims as they pertain to America’s bitcoin stack. Wild. It’s clear that he’s…
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STORY: :: Trump vows to make the U.S. ‘the crypto capital of the planet’ :: March 7, 2025 :: Washington, D.C. “Last year, I promised to make America the bitcoin superpower of the world and the crypto capital of the planet. And we’re taking historic action to deliver on that promise, as you know, around…
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In a newly published chart, Elliott Wave specialist and crypto analyst Big Mike (@Michael_EWpro) outlines a precise roadmap for Bitcoin’s price action, indicating that a break above $95,000—or a bounce from lower support near $72,895—could propel BTC toward the $130,000–$140,000 region. His analysis builds on detailed wave counts, multiple Fibonacci extension targets, and critical moving…
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Sitting beneath a portrait of Abraham Lincoln, more than two dozen of the most powerful figures in the U.S. cryptocurrency industry, together worth many billions of dollars, gathered in the White House on Friday for an audience with President Trump. When Mr. Trump entered the ornate State Dining Room after a short wait, the executives…