Altcoins News
By Sydney TheCMO
1 / 15
Bitcoin jumped back over $76,800 after getting hammered down to $74,000 yesterday. The bounce came after some pretty brutal forced selling hit the market hard.
2 / 15
The whole crypto space took a beating this week. Bitcoin's down 13% over seven days, and that's got traders worried we might be heading into a real bear market.
3 / 15
Crypto analyst Doctor Profit changed his tune on where Bitcoin's cycle bottom might land. He cut his forecast down to somewhere between $54,000 and $44,000, which is way lower…
4 / 15
Doctor Profit saw something else that's got him spooked - a death cross pattern that looks just like what happened during the 2021-2022 crash.
5 / 15
Strategy's in a tough spot right now. Their average entry price sits around $76,000, so they're basically underwater on their Bitcoin position.
6 / 15
There's other weird stuff happening too.
7 / 15
Doctor Profit warned that outside factors could make things worse. He mentioned speculation about Epstein-related files potentially driving more fear and emotional selling.
8 / 15
Matrixport dropped some bad news about Bitcoin demand from traditional finance. Their latest report showed spot Bitcoin ETFs have been bleeding money for three months straight.
9 / 15
February 1st brought more bad news when Doctor Profit talked about leveraged Bitcoin investors getting squeezed.
10 / 15
Matrixport spotted a shift in how traditional financial institutions think about crypto on February 2nd.
11 / 15
The selloff hit more than just Bitcoin. Ethereum and other major cryptos got hammered too, which makes analysts think we might be looking at sector-wide problems.
12 / 15
Glassnode caught something interesting on February 2nd - Bitcoin exchange inflows surged as holders moved coins to exchanges.
13 / 15
Fidelity Digital Assets said on February 3rd that their institutional clients are backing away from Bitcoin.
14 / 15
Sentiment analysis firm Santiment tracked a spike in negative social media chatter about Bitcoin on February 4th.
15 / 15
Binance CEO Changpeng Zhao tried to calm nerves during a live Q&A on February 5th. Zhao said volatility "is not uncommon in the crypto space" and promised Binance would keep…
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