Bitcoin News
By Dan Saada
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Exchange Reserves Drop to Lowest Since Late June. Here's the number that's getting attention from more cautious observers: Bitcoin held on exchanges…
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Price Action: $65K Spike, Then Retreat to $64K. Bitcoin briefly touched $65,000 before pulling back. It's been hovering near $64,000 since.
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Bitcoin's sitting at roughly $64,500 right now. That's a long way from its all-time high, and a lot of traders are frustrated.
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Analyst Ali Martinez spotted a bullish divergence on Bitcoin's weekly chart. Not a minor blip — the kind of pattern that, historically, came before a price jump of over 700%.
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Less Bitcoin sitting on exchanges means less immediately available selling pressure. It's basically supply tightening in real time.
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Wallets holding between 1,000 and 10,000 BTC have accumulated 66,700 coins over the past two months. That's the biggest accumulation run from that cohort since February.
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Bitcoin briefly touched $65,000 before pulling back. It's been hovering near $64,000 since. That kind of move — spike, retract, stabilize — is pretty much the textbook pattern…
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See also: Bitcoin Hits $63,900 as Strait of Hormuz Closure Rattles Weekend Markets
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An X user going by Crypto Catalysts laid out a specific roadmap: a rally toward $100,000 to $105,000 is already underway, with an intermediate push to $70,000 first, followed by…
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What's not in dispute is that Bitcoin has struggled to hold above certain thresholds. Every time it's looked like a breakout was forming, sellers stepped in.
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The self-custody shift is worth dwelling on a bit more. When investors pull coins off Coinbase, Binance, or any other centralized platform and move them to hardware wallets,…
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Combine that with the whale accumulation, and you've got two separate data points pointing in the same direction: reduced near-term supply, increased long-term conviction from…
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But the market stays volatile. Bitcoin's recent price action — bouncing between $64,000 and $65,000, unable to hold above either cleanly — is a reminder that bullish signals…
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See also: Peter Brandt Says Bitcoin Beats AI Stocks Over the Next 2-3 Years
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Martinez's divergence pattern is probably the most provocative data point in the mix. A 700%-plus move from current levels sounds absurd.
The Currency Analytics
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