Key Highlights Bitcoin holders have realized over $2 billion in aggregate losses over three consecutive days as market prices plunged beneath the $80,000 threshold. Spot net volume delta indicators on major exchanges Binance and Coinbase turned negative, indicating that aggressive selling is outpacing buying pressure. Macroeconomic headwinds, fueled by a robust US jobs report showing ...
Key Highlights: Analyst Benjamin Cowen outlines two distinct downside pathways for Bitcoin, potentially establishing a cycle low either before or immediately following the US midterm elections. Technical indicators point to historical cycle symmetry around day 1,439, though a true capitulation bottom remains pending due to the absence of a decisive trading volume surge. Broader macro ...
Bitcoin Analyst Predicts $90K by November Amid Bearish Sentiment Trader Matthew Hyland argues that Bitcoin is currently sitting at a daily cycle low with a bullish divergence forming on the charts, forecasting prices above $90,000 by early November. His call comes while BTC trades near $76,000, down sharply after the Senate failed to advance the ...