Bear Trap Crypto

Economist Warns Trump’s Bitcoin Push Could Undermine U.S. Dollar Summary: President Donald Trump’s increasing endorsement of Bitcoin has sparked sharp criticism from economist Peter Schiff, who argues the move may weaken the U.S. dollar and elevate financial risk across government reserves. Background: Trump Aligns With Bitcoin Amid Political and Economic Strategy Former President Donald Trump…

Strategy’s Michael Saylor Shrugs Off Lawsuit, Signals Next Bitcoin Acquisition Summary: Michael Saylor, co-founder and chairman of Strategy (formerly MicroStrategy), hinted at another potential Bitcoin purchase despite an ongoing shareholder lawsuit over prior financial disclosures. The company currently holds over 592,000 BTC, valued near $60 billion. Background: Saylor Drops Bitcoin Hint Amid Legal Pressure Michael…

Bitcoin Shows Surprising Resilience Amid Iran-Israel Tensions, Outperforms Wall Street in Volatility Summary: Despite escalating geopolitical risks in the Middle East, Bitcoin held steady this week with lower volatility than major U.S. equity indices. Analysts view this as a sign of maturing market behavior and growing investor confidence. Bitcoin Volatility Falls Below S&P 500 and…

Michael Saylor Forecasts $21 Million Bitcoin Price by 2046 Summary: Speaking at BTC Prague 2025, MicroStrategy co-founder Michael Saylor projected a staggering $21 million price target for Bitcoin over the next two decades, citing long-term financial trends, institutional adoption, and evolving regulation as key drivers. Geopolitical and Regulatory Push Since mid-2024, U.S. policymakers have taken…

Bitcoin Funding Rates Continue to Decline — Could a Short Squeeze Be Imminent? Summary: Bitcoin has rebounded strongly over the past week, surging above $108,000 after briefly dipping below $100,000. Despite this recovery, declining funding rates suggest traders are increasingly betting against the rally—potentially setting the stage for a short squeeze. Background: Trader Sentiment Diverges…

Bitcoin Price Pattern Hints at $100,000 Target – Here’s Why Summary: Bitcoin (BTC) recently faced a key technical rejection, signaling a potential drop toward the $100,000 level, according to prominent market analysts. Despite an uptick earlier in the week, the cryptocurrency remains stuck in a consolidation phase, struggling to hold meaningful gains. Technical Breakdown Points…

South Korea’s Crypto Push: Bitcoin ETFs Headed for Approval in 2025 Summary: South Korean financial regulators are preparing to approve spot Bitcoin and crypto-based ETFs by the second half of 2025, as part of a broader push to integrate digital assets into the mainstream financial system. Background: Roadmap for Crypto ETF Introduction The Financial Services…

War Concerns Spur $1 Billion Bitcoin Purchase by Strategy, Boosting Treasury Summary: Amid geopolitical tensions, Strategy has added 10,100 Bitcoin to its holdings in a $1 billion acquisition. The company now holds over 592,000 BTC, positioning itself as one of the largest corporate holders of Bitcoin globally. Geopolitical Turmoil Sparks Strategic Accumulation Strategy confirmed the…

Bitcoin Risks Testing Key Support as Bullish Momentum Weakens Summary: Bitcoin’s price is showing signs of hesitation amid weakening investor sentiment and geopolitical uncertainty, with the flagship cryptocurrency now at risk of revisiting support levels around $102,000–$103,000. Market Background Bitcoin’s recent trading behavior suggests a market in transition. The asset has mostly moved sideways over…

Double Bullish Chart Patterns Set Bitcoin on Path Toward $167,000, Says Analyst Summary: Crypto analyst “Plan D” has projected a breakout Bitcoin price target of $167,000, citing the formation of two bullish technical patterns. This prediction comes amid ongoing market volatility driven by geopolitical uncertainties. Technical Indicators Signal Major Upside Potential In a recent post…