Bitcoin nears $70K after 11 days below, but a negative 86,000 BTC demand gap worth $5.95B signals weak buyer absorption and a shaky rebound.
Bitcoin fell roughly 2% to around $68,500 in early Tuesday trading, completely wiping out Mondays brief push above $70,000. The selloff wasnt driven by any shift in market fundamentals geopolitical risk is firmly in the drivers seat.
After multiple attempts over the past few days, the price of Bitcoin has failed to reclaim and break past the $70,000 mark as volatility continues to overshadow the market. Since the waning price action, the activity of retail BTC holders and whale investors across the market seems to have been slowly diverging.
Bitcoin is showing early signs of recovery after breaking out of a short-term declining channel from the mid-$60,000 range. While this is a promising development, it does not yet signal a full trend reversal.
Bitcoin crashed through the $69,000 floor Thursday morning as traders dumped crypto holdings amid growing fears of a U.S. military strike against Iranian targets. The world's largest cryptocurrency hit $68,500 during European trading, wiping out gains from earlier this week and sending shockwaves through digital asset markets.
James Wynn got wiped out. Again. The high-leverage trader faced his sixth liquidation in two weeks as Bitcoin climbed past $68,000 on April 6.
Bitcoin whales drive short-term momentum as structural weakness persists.
Notorious high‑leverage trader James Wynn has been liquidated yet again as Bitcoin ripped higher, marking his sixth wipeout in just two weeks.
Strategy purchased about 89,599 Bitcoin in the first quarter of 2026, its second-largest quarterly accumulation on record, doing so while Bitcoin traded in a downtrend and sentiment across the crypto market was pessimistic. According to crypto expert Adam Livingston, the market still is not fully valuing what that pace of accumulation could mean over time.
Bitcoin traders are bracing for impact. Options data from Bitfinex reveals widespread positioning for a significant cryptocurrency downturn, with put contracts surging as demand weakens and market vulnerability grows.
Bitcoin ETFs grabbed $22.34 million in fresh money last week. The inflows came during brutal market volatility and a shortened trading period that had most traders pretty nervous about where things were heading.
Charles Schwab will launch Schwab Bitcoin Ethereum trading in Q2 2026, giving its 38.9 million active brokerage clients direct spot access to crypto for the first time through a new service called Schwab Crypto.