Bitcoin’s Bull Market Confirmation Hinges on Reclaiming Key Moving Average Level
Bitcoin must regain a critical 21-week moving average level near $82,000 to confirm the start of its next bull market phase, according to analyst Crypflow.
Bitcoin must regain a critical 21-week moving average level near $82,000 to confirm the start of its next bull market phase, according to analyst Crypflow.
Sustained inflows of Ethereum to Binance during early May triggered growing sell pressure, leading to a notable decline below $2,150 as the market adjusts to increased exchange supply.
A crypto analyst forecasts significant price dips for Bitcoin and Ethereum this year before a strong Bitcoin rebound fueled by AI adoption and market shifts in late 2026.
Bitcoin Depot, a major US Bitcoin ATM operator, filed for Chapter 11 bankruptcy as regulatory challenges and compliance costs force the shutdown of thousands of machines.
Bitcoin’s decline below a key $78,000 support level coupled with a surge in exchange reserves by 20,000 BTC signals mounting near-term selling risks for the cryptocurrency.
A new Minnesota law enables banks and credit unions to offer virtual currency custody services in a nonfiduciary role, marking a significant shift in state financial regulations.
Cryptocurrency investment products experienced significant outflows last week as geopolitical concerns and inflation fears prompted investors to reduce exposure in Bitcoin and Ether funds.
Bitcoin Depot begins bankruptcy proceedings; Capital B boosts its Bitcoin treasury by 192 BTC, while retail investor Bitcoin activity reaches historic lows.
Goldman Sachs sharply scaled back XRP and Solana ETF positions in Q1 2026, while maintaining substantial Bitcoin and Ether ETF investments and shifting equity stakes in crypto firms.
Bitcoin dropped below a critical 21-week trend line early this week, weighed down by geopolitical tensions and volatile market dynamics, sparking debate over a possible bear trap or further decline.
KB Financial Group completed a pilot of a South Korean won-pegged stablecoin, demonstrating faster cross-border transfers and offline payments without crypto wallets.
The Senate’s crypto market structure bill faces potential delays, with passage possibly pushed to August or the post-election lame-duck session amid political and procedural challenges.