Bear Trap Crypto

None of the 30 Bitcoin Bull Market Top Indicators Have Been Triggered Summary: Despite a strong Bitcoin rally, none of the 30 widely followed bull market top indicators tracked by Coinglass have been triggered, suggesting the market may have further room to grow. Background Over the years, analysts have developed several on-chain and technical metrics…

Eric Trump Warns Against Shorting Bitcoin and Ethereum Amid Major Price Surge Summary: Eric Trump took to social media to caution investors against betting against Bitcoin and Ethereum, as both cryptocurrencies extended their rallies, with Ethereum topping $4,300 and Bitcoin surpassing $120,000. The Trump family continues expanding its crypto involvement across various ventures. Bitcoin and…

From Gold to Bitcoin: Michael Saylor’s ‘Indiana Jones’ Moment Goes Viral Summary: Michael Saylor, executive chairman of Strategy and prominent Bitcoin advocate, has stirred conversation again by sharing an AI-generated image on X depicting himself as Indiana Jones. With the caption “I went looking for gold… and found something better,” Saylor reaffirms his long-standing commitment…

Bitcoin Bulls in Control: $120,000 Breakout Could Spark Rally Toward All-Time High Summary: Bitcoin (BTC) is trading near $118,000 after gaining 4.17% over the past week, boosting bullish sentiment in the crypto market. Analyst KillaXBT highlights key technical levels and outlines two potential price scenarios, with a breakout above $120,000 possibly setting the stage for…

Analyst Predicts Bitcoin, Ethereum, and XRP Will Soar by 2032 Summary: A bold long-term forecast from a crypto analyst has sparked discussion within the digital asset community. The projection for March 2032 places Bitcoin near $890K, Ethereum above $28K, and XRP at $23, reflecting massive potential growth over the next seven years. 2032 Price Predictions…

The New MicroStrategy? UK Firm Satsuma Settles Majority of Convertible Notes in Bitcoin Summary: London-listed Satsuma Technology has raised £163.6 million ($218 million) through convertible notes, with nearly 60% of the funds settled directly in Bitcoin. The move positions Satsuma as a rising institutional player in digital assets, drawing comparisons to US-based MicroStrategy. Background: Satsuma…

If Bitcoin Hits $1 Million, This Could Be America’s Biggest Public Firm Summary: BitMine Chairman Tom Lee suggests that Strategy—a firm heavily invested in Bitcoin—could rise to become the most valuable public company in the U.S. if Bitcoin reaches $1 million. Lee compares Strategy’s crypto holdings to oil reserves once held by energy giants, positioning…

Bitcoin on Indonesia’s Radar as Potential Reserve Asset Summary: Indonesia’s Vice President’s office has met with Bitcoin advocates to explore the possibility of incorporating BTC into the country’s foreign exchange reserves. While no formal policy has been announced, the talks marked a significant step in Jakarta’s consideration of digital assets in national strategy. Exploring Bitcoin…

Bitcoin Dominance Falls Below Key Support Level, Signaling Potential Start of Altcoin Season Summary:  Bitcoin dominance has dropped below 60% for the first time in six months, potentially signaling a shift in market sentiment. Analysts suggest this decline may mark the early stages of an altcoin season as investors begin rotating out of Bitcoin and…

Winklevoss Twins Invest Bitcoin in Trump-Linked Mining Venture Summary: Cryptocurrency pioneers Cameron and Tyler Winklevoss have invested in a new Bitcoin mining company closely tied to the Trump family. The venture, American Bitcoin Corp., includes involvement from Eric Trump and Donald Trump Jr., and aims to become a significant player in the Bitcoin mining sector….