DASH has rocketed by double-digits.
Bitcoin price is still rallying, even as one sovereign seller is getting louder, despite this one bullish technical prediction.
Bitcoin just had its best week in a while. The ceasefire rally, the CPI relief, $73,000 briefly touched. After weeks of grinding losses, it finally feels like something has changed. But one analyst who publicly called the top six months ago is not buying the narrative shift.
Bitcoin traders are rebuilding bets on a move toward $80,000 as easing geopolitical tensions, firmer institutional demand, and a rebound above $70,000 revive appetite for upside exposure after weeks of defensive positioning.
Over the years, there have been different metrics, technicals, and ways in which investors have tried to predict the Bitcoin price bottom with each bear market. Some of these have reportedly done so with some accuracy, while others have seen a deviation.
The U.S. government just moved over 2 BTC to a Coinbase Prime wallet, but the transfer itself isn't the real story. It's what it reveals about how seized crypto is now being handled.
An extremely consequential diplomatic meeting is hours away. Iran's 71-person team, led by Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi, arrived in Pakistan's capital this morning for direct negotiations with US Vice President JD Vance, special envoy Steve Witkoff and Jared Kushner.
The Strait of Hormuz, a critical hub of global oil, could become the site of an unexpected monetary experiment. According to several revelations, Iran is considering imposing crypto payments on tankers passing through this strategic route.
Bitcoin trades at $72,766 with RSI at 60.40 showing neutral momentum. Technical analysis suggests potential breakout to $76,000 resistance level within 4 weeks.
US CPI rose 3.3% in March as energy prices jumped, while Bitcoin climbed above $72,000 after the inflation data release Friday.
A pseudonymous trader who called Bitcoin's 2025 correction predicts BTC will go parabolic if it breaks through one key level.
The government of Bhutan has offloaded approximately 70% of its Bitcoin portfolio since reaching peak holdings of nearly 13,000 BTC in October 2024. Current reserves sit at roughly 3,774 BTC, representing a market value of about $272.5 million.