Crypto sentiment hits extreme fear as Matrixport flags possible bottom
With Bitcoin sentiment at four-year lows, analysts have flagged historic oversold signals and potential seller exhaustion.
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With Bitcoin sentiment at four-year lows, analysts have flagged historic oversold signals and potential seller exhaustion.
Bitcoin's long-term holders show weakening accumulation, with on-chain data pointing to $54,000 as the next support if $65,000 breaks.
The cryptocurrency investment firm says Bitcoin mining is being unfairly lumped with AI data centers, arguing miners act as flexible grid demand, not constant energy drains.
The relief rallies in Bitcoin and several major altcoins are stalling near their respective overhead resistance levels, signaling that the bears remain in control.
Demand from Bitcoin accumulation addresses reached a new high, with analysts citing a futures market CME gap as a prediction point for their higher short-term price targets.
The selling simply won't stop. If February closes red, Bitcoin will register five consecutive red months, the longest streak in seven years.
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Bitcoin round tripped gains after a spike to $70,000 as liquidity traps began to characterize BTC price action on the US bank holiday.
The management company behind the university’s $56.9 billion endowment opened a new position in BlackRock's spot Ether ETF, while reducing its Bitcoin ETF stake by 21%.
The firm signaled that it’s embracing preferred shares.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.