This bullish analyst on Michael Saylor's Strategy just threw in the towel on lofty price target
Canaccord's Joseph Vafi slashed his price target on the plunging bitcoin treasury company's stock by more than 60%.
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Canaccord's Joseph Vafi slashed his price target on the plunging bitcoin treasury company's stock by more than 60%.
Bitcoin is approaching its 200-week moving averages, a long-term support zone traders say could help define a potential BTC price floor.
Prediction market users increasingly think that Strategy will sell some BTC—but analysts don't think Bitcoin's price crash "changes anything."
Shares of mining companies rose last month despite softer bitcoin prices as storms cut the network hashrate and AI optimism grew, the bank said.
Brazil’s Mercado Bitcoin has issued more than $20 million in tokenized private credit on Bitcoin sidechain Rootstock and is targeting $100 million by April.
The cryptocurrency is trading below key ETF cost levels and nearing its pre-election price floor as inflows to these vehicles fade and headwinds build, the bank said.
Limited historical trading activity and thin onchain supply suggest further consolidation or a retest of the lower range.
ARK added to its holdings in CRCL, BLSH, COIN, HOOD, BMNR and XYZ on Tuesday as bitcoin fell as low as $73,000.
Your day-ahead look for Feb. 4, 2026
Bitcoin’s rebound masks weak technicals and onchain signals that point to continued downside risk, with miners and exchange flows reinforcing the bearish trend.
Convergence between bitcoin supply in profit and supply in loss has repeatedly coincided with major market lows.
Bitcoin and ether are posting gains after a sharp market-wide decline, with derivatives traders continuing to reduce risk exposure.