Bitcoin RSI Mimics 2022 Bear Market Trends
Bitcoin’s stochastic RSI is mirroring the end of its 2022 bear market, with key signals indicating potential price recovery. Analysts are watching for bullish divergence on weekly RSI. #Update #Crypto $BTC
Bitcoin
Bitcoin ETFs Surge with $471M Inflow
Bitcoin ETFs saw $471M inflows Monday, led by BlackRock’s IBIT with $181.9M, amid geopolitical tensions over Iran’s Strait of Hormuz reopening plan. #Update #Crypto $BTC
Bitcoin Yet to Trigger Bear Exit Signals
Bitcoin remains below the short-term holders’ cost basis, indicating a continued bear market, says analyst Willy Woo. Current STH cost basis is $81,000 with Bitcoin at $69,500. #Update #Crypto $BTC
Bitcoin Drives Tokyo’s Crypto Trust Surge
Tokyo’s Teamz Summit opens April 7, discussing Japan’s crypto ambition amid FSA’s regulatory shift for institutional growth; JVCEA reports $10B February volume. #Update #Crypto
Bitcoin’s Quantum Challenges Spark Social Debate
Grayscale’s Zach Pandl warns that Bitcoin’s quantum threat is more social than technical, urging the community to decide on handling 1.7M BTC at risk, while post-quantum cryptography efforts are underway. #Update #Crypto $BTC
Bitcoin Miners Challenge as Anthropic Secures Gigawatt Deal
@AnthropicAI has secured a multi-gigawatt TPU compute deal with Google and Broadcom, intensifying competition for energy resources with bitcoin mining as AI demand surges. #Update #Crypto $BTC
Bitcoin Miner Scores $210K Block Reward
A solo Bitcoin miner using solo.ckpool.org mined block 943,411, earning 3.139 $BTC (~$210K) against 1-in-28,000 odds, as major firms sell BTC for AI pivots. #Update #Crypto $BTC
Bitcoin Crashes to February Lows
Bitcoin hovers near $70,000; $6B in shorts could be liquidated if price hits $72,500. Bearish sentiment rises with geopolitical tensions and regulatory uncertainty impacting market mood. #Update #Crypto $BTC
Bitcoin Boosts Japan’s Crypto Tax Reform
Japan’s Diet passed a budget to reduce crypto tax from 55% to 20% by 2028, aiming to prevent Web3 exodus; critics say the timeline hinders bitcoin ETFs. #Update #Crypto $BTC
Bitcoin Faces Decade-Long Sideways Market
Willy Woo identifies three indicators signaling Bitcoin’s bear market end, predicting an 8-12 year consolidation phase and highlighting post-quantum computing challenges. #Update #Crypto $BTC
Bitcoin ETF Inflows Surge to Highest Since February
Bitcoin traded at $68,780 as U.S. spot bitcoin ETFs saw $471 million in inflows, the highest since February, amid weak demand from large holders. #Update #Crypto $BTC
Bitcoin Betting Surges 200% in 2023
Crypto betting is gaining traction as blockchain tech enhances speed, security, and user control. Platforms offer diverse options and incentives, driving global adoption. #Update #Crypto
Bitcoin Profit Taking Keeps BTC Under $70K
Bitcoin ($BTC) struggles to reclaim $70,000 amid profit-taking pressure, hitting a peak of $70,275 as market nerves rise over US-Iran tensions. Traders eye $71,000 for potential upward momentum. #Update #Crypto $BTC
Bitcoin Oversight Gaps Shift Japan Policy
Japan’s FSA signals tougher crypto regulations, focusing on meme coin risks, investor protection, and disclosure. Regulatory changes aim to enhance market integrity amid increasing scrutiny. #Update #Crypto