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Bitcoin Loses 200-Week Trend Line as 2022 Bear Market Echoes Return

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  Visit the link below to achieve consistent profits in Binance Futures trading: https://telegram.me/binancefuturesignal . Bitcoin confirmed a weekly candle close below its 200-week moving average, copying the 2022 bear-market as traders warn of further BTC price downside next. Bitcoin (BTC) is starting the new week at around $63,000, but bear-market history continues to repeat with weekly close below a key long-term trend line. Bitcoin has been trading in a range between $57,700 and $67,300, but last week’s close came with a drop below the key 200-week moving average at $64,216. Markets are pricing in near-70% odds of a hold by the Federal Reserve in September, as July meeting minutes are due this week. Japan Q2 GDP figures fall short of expectations at 1.1% as analysis warns of “global tightening” that could impact Bitcoin and risk assets. Bitcoin sees weekly close below 200-week moving average Bitcoin price action enjoyed a modest rebound after Sunday’s ...
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$1M Bitcoin by 2030 Is ‘Mathematically Impossible’: Thielen

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  Maximize your profits in Binance Futures trading! Get free Bitcoin trading signals and access the Cornix trading bot for top-tier automated trades – https://telegram.me/cryptosignalalert . Download our free app to receive real-time signals on your mobile – https://play.google.com/store/apps/details?id=com.freecryptosignals.app . The trillions required to boost Bitcoin to a price of $1 million per coin is not going to happen by 2030... or perhaps ever, says party pooper Markus Thielen. The numbers behind the oft-cited prediction that Bitcoin will reach $1 million by 2030 simply don’t add up, according to Markus Thielen, head of research at 10x Research. “It’s mathematically impossible,” Thielen tells Cointelegraph on Trade Secrets, arguing that Bitcoin’s historical capital inflows over the past 15 years fall far short of the amount it would need to attract over the next four years to reach $1 million. “We have seen $1 trillion US dollars of inflow to bring the mar...
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Strategy Keeps Bitcoin Bet Despite Massive 3.46M Share Sale

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  Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy – https://telegram.me/freecryptosignalsdaily The company expanded its USD reserve and repurchased more shares of STRC. After a couple of sales announced in August, Michael Saylor’s NASDAQ-listed entity did not make any Bitcoin moves, but it increased its USD reserve by $150 million. As such, its total stash remains at 840,447 BTC, currently valued at around $53.3 billion. The firm has accumulated its crypto fortune for roughly $10 billion more than the current value, and its average price is $75,385 per unit. Aside from the growing USD reserve and extending the dividend payout duration to 2.8 years, the company said it has repurchased over $130 million worth of STRC. STRC ended last week at around $95, as it continues to recover from its dip to $75. However, it’s still inches away from its par price of $100. The good n...
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US-Iran Ceasefire Extension Could Impact Bitcoin: Here’s What to Watch

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  Visit the link to secure consistent profits in Binance Futures trading. Get free Bitcoin trading signals and use the Cornix trading bot for the best automated trades: https://telegram.me/btctradingclub . The previous ceasefire was supposed to expire today. Citing a report by Al Arabiya, The Kobeissi Letter noted minutes ago that the United States and Iran have agreed to extend the 60-day ceasefire in a deal brokered by Pakistan. Although there’s no official confirmation by either side, the timing is quite peculiar since the previous ceasefire’s deadline expires today. Previous reports indicated that US President Donald Trump had established a “backchannel” in place with officials of Iran’s Revolutionary Guard. According to Axios, the Trump administration bypassed Iran’s negotiators and reached out directly to the country’s leadership, tapping Nechirvan Barzani, the president of the Kurdistan region in Iraq. The report claimed that Barzani had the trust of bot...
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Just 90 Bitcoin Wallets Hold 10K+ BTC as Whales Accumulate

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  Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading – https://telegram.me/binancefuturesignal Large Bitcoin wallets have reached a six-month high, even as smaller holders retreated. Another push above $65,000 failed to hold on Tuesday, sending Bitcoin back below $64,000. The crypto asset was down more than 1.6% over the past day. Against this backdrop, large BTC wallets are back at levels not seen in months. Meanwhile, smaller holders are steadily losing ground. Elite Wallets Are Moving Up Bitcoin’s elite wallet count has returned to a six-month high. There are now 90 wallets holding at least 10,000 BTC. According to the latest data shared by Santiment, the number has risen by 6 wallets over the past 8 weeks, a 7% increase. At the same time, holdings among micro wallets have been falling in August. The analytics firm attributed this decline to retail FUD following the Coldcard hacks and delays surroun...
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SOL Signals Turn Bullish as $100 Level Beckons

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  Check out the link provided to make consistent profits in Binance futures trading. Access free Bitcoin trading signals and use the Cornix trading bot for automated trades: https://telegram.me/progrouptraders A parallel channel, TD Sequential buy signal, and MACD golden cross are creating a potentially bullish setup for SOL near $78. Solana is currently trading above $76, following a recovery of more than 6% over the past week, along with the rest of the top crypto market. With several bullish signals now aligning, one analyst believes SOL could be headed toward a level not seen since February 2026 if the current setup confirms a breakout. Constructive Picture According to Ali Martinez, Solana appears to be trading within a parallel channel, and $78 has emerged as an important level. A break above the mid-range near this level could push SOL toward the channel’s upper boundary around $100. The analyst also identified a buy signal from the TD Sequential on the ...
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Bitcoin May Be Nearing a Sell-Side Exhaustion Point

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  Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies – https://telegram.me/btctradingclub Bitcoin analysis suggested that sell pressure would not increase given the historically large contraction in USDT market cap over a 60-day period. Biggest stablecoin Tether (USDT) has shed $4 billion in market cap in just two months, but history suggests that the downturn is nearly over. Tether’s 60-day rolling market-cap contraction stays near $4 billion in one of its heaviest drawdowns. Analysis suggests that the worst of bear-market selling pressure could be over as a result. Comparison to 2022 bear-market highlights an ongoing RSI divergence. USDT drawdown puts “acceleration” of Bitcoin selling in doubt Onchain analytics platform CryptoQuant in a blog post last week flagged market cap “undergoing one of its sharpest contractions on record.” “The deterioration has also accel...
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