WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – MARCH 21
Price Action Bitcoin dropped from 85,800 to 83,700, with key support at the 200-day MA (84,500). Trading activity remains moderate, with stable funding rates and minimal liquidations. Holding above 83,200 could spark an upward move, while a break below may accelerate selling toward 77,600. Ethereum fell from 1,996 to 1,950, staying below all major […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – MARCH 14
Price Action Bitcoin dropped from 82,900 to 80,700, showing strong bearish momentum while trading below all major moving averages. Short liquidations totaled $2.27M, with 80,000 serving as a key support level. A break below could push prices to 77,600, while holding the 200-day MA could spark a recovery toward 87,000-88,600. Ethereum remains in a consolidation […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – MARCH 7
Price Action: Bitcoin experienced high volatility, ranging between 91,400 and 87,900, with $6.6M in liquidations, mostly impacting shorts at $4.6M. It remains below key moving averages but holds support above the 200-day MA. A bullish move could emerge if buyers reclaim the 30-day VWAP at 91,300. Ethereum traded between 2,180 and 2,270 with strong volume […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – FEBRUARY 28
Price Action Bitcoin saw a sharp decline from 86,400 to 80,400, breaking key technical levels with $2.5M in short-side liquidations. The 200-day moving average (81,900) now serves as resistance, with possible scenarios including a rebound toward 95,000 or a further drop to 75,000. Ethereum plunged from 2,350 to 2,130, facing $5.8M in liquidations […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – FEBRUARY 14
Price Action: Bitcoin: Up 1.5%, trading in a stable range. Bullish above 100,594; bearish toward 90,641. Ethereum: Up 3%, facing resistance. Needs to clear 2,835; bearish if it drops to 2,496. Notable Movers: TRUMP +27.7%, XRP +6.6%, WIF +24.3%, POPCAT +18.3%, SUI +6.3%. Friday UK and China Resume Diplomatic Dialogue […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – FEBRUARY 7
Price Action ⏰ Reminder: we are live on $BERA. After hitting 15.5 it’s settled around 7.5 with over 2.7B traded in the last 24 hours. ETF Flow BTC ETFs: Top by volume – IBIT (1564m), FBTC (402m), GBTC (214m). Net flows: IBIT +44.4m (05/02), FBTC -103.2m, GBTC -42.2m (06/02). Positive inflows signal renewed investor interest. […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – JANUARY 31
Price Action: *Bitcoin’s price has seen a slight decline, closing at around $104,842, with a narrow range indicating consolidation. The sentiment among traders is balanced, but pressure from long positions being closed could lead to a bearish scenario if the price falls below $96,938, while a bullish breakout could occur above $108,276. *Ethereum’s price increased […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – JANUARY 24
Price Action: Bitcoin rose from $101,480 to $105,090, peaking at $106,800 but facing resistance at $108,276. Low funding rates and short liquidations signal cautious optimism, with potential for new highs if the 50-day moving average holds. Ethereum edged up from $3,207 to $3,249, peaking at $3,296. Stable funding rates suggest balanced sentiment, with potential […]
WEEKLY MARKET AND ECONOMIC HIGHLIGHTS – JANUARY 17
Price Action *Bitcoin has seen a significant price increase of about 4.4%, reaching a high of $104,351, with substantial short liquidations suggesting a potential short squeeze. The price remains above key VWAP levels, indicating strong bullish momentum, though a decrease in the funding rate to 0.3 bps suggests caution among leveraged traders, with potential […]
Happy 16th, Bitcoin!
Bitcoin has celebrated numerous key achievements throughout its first 16 years, marking its evolution from a novel concept to a significant player in the financial landscape. Here are the major milestones: Key Achievements in Bitcoin’s First 16 Years 1. Genesis Block Creation (2009) On January 3, 2009, Satoshi Nakamoto mined the first block of the […]
