Bitcoin News
By Sakamoto Nashi
1 / 15
Two Paths, One Firm's Bet. The halving cycle model is the one most long-time Bitcoin watchers know well.
2 / 15
The $66,000 Line Everyone's Watching. Right now Bitcoin is consolidating below a descending trendline.
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Bitcoin Hyper Raises $32.9 Million in Presale. Away from the macro debate, there's a separate story pulling some attention.
4 / 15
Bitcoin's been stuck. For the past 24 hours it's hovered between $64,500 and $66,000, grinding sideways while traders wait for something — anything — to shift the picture.
5 / 15
The investment firm put out a fresh read on Bitcoin's trajectory, and it's cautiously bullish.
6 / 15
The halving cycle model is the one most long-time Bitcoin watchers know well. Under that framework, Bitcoin could still slide back to $50,000 before finding a real floor, with…
7 / 15
The firm leans harder toward a second view: that the recent dip was a temporary setback inside a broader uptrend, not the start of a new bear leg.
8 / 15
A steady rate policy, or any signal that cuts are coming, would bolster the bullish case. Grayscale is basically betting that the Fed doesn't shock the market.
9 / 15
Pandl also pointed to something worth noting on the technical side. Most recent Bitcoin buyers are back near breakeven, which seems to mean the market has digested the recent…
10 / 15
Right now Bitcoin is consolidating below a descending trendline. Traders are watching for a clean breakout above resistance.
11 / 15
Softer macroeconomic data — weaker jobs numbers, cooling inflation — would probably help Bitcoin push through that resistance.
12 / 15
See also: Bitcoin Long-Term Holders Buy the Dip as $52,000 Historical Target Looms
13 / 15
Institutional demand for Bitcoin ETFs is still growing, and that's part of why Grayscale sounds relatively upbeat.
14 / 15
Away from the macro debate, there's a separate story pulling some attention. Bitcoin trading near all-time highs creates pressure on large-cap positions, and some traders are…
15 / 15
The pitch is straightforward: Bitcoin's security, but with faster transactions and lower fees.
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