Bitcoin’s technical indicators had just started flashing warning signs when crude oil markets made things worse. The MACD histogram turned red — a signal that buying pressure was fading — right as West Texas Intermediate crude surged past $104 a barrel, rattling risk assets across the board. Bitcoin Gives Back Recent Gains BTC had clawed…
Tag: war
Bitcoin Rallies On Fragile Peace Deal Between Israel And Lebanon
Bitcoin traders are already betting the wider US-Iran ceasefire will hold. Data from prediction market Polymarket puts the odds of a permanent peace deal by April 22 at 23%. Markets React To Diplomatic Breakthrough That confidence is showing up in Bitcoin’s price. The world’s largest cryptocurrency climbed to $74,650 on Thursday, bouncing back from an…
Bitcoin’s Valuation Model Hints At $500K Cycle Average, Analyst Says
Bitcoin is trading near $67,300, well off its recent high of $74,000. One well-known analyst says that dip barely matters — he’s looking at a cycle average closer to half a million dollars. A Model Built On Scarcity PlanB, the pseudonymous analyst behind the Stock-to-Flow model, says Bitcoin’s price during the current 2024–2028 halving cycle…
WAR Token Explodes 100%, Then Crashes 20% In Sudden Sell-Off
One person — or entity — controls 31% of all WAR tokens in circulation. That single fact sits quietly in the background as the Solana-based memecoin grabs headlines for one of the more dramatic two-day price swings in the current crypto cycle. The coin doubled on Friday. Today, nearly a quarter of those gains had…