Bitcoin’s floor looks firmer at $80,000, but traders still don’t trust the breakout
BTC has recovered from Friday’s jobs-driven dip, but Enflux says overhead resistance remains intact while Glassnode’s market structure data suggests traders are buying the rally while still positioning for downside....
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Bitcoin funding rates turn positive: Is a BTC rally to $85K next?
Bitcoin's funding rates turned positive as BTC held $80,000, sparking speculation about a rally to $85,000. However, derivative metrics reveal professional traders remain skeptical, with put options trading at premiums indicating downside hedging. US spot ETF outflows and geopolitical tensions over Iran's nuclear program weigh on sentiment. MicroStrategy's $43 million Bitcoin acquisition offers modest support, but institutional conviction remains weak.
Bitcoin briefly hits $82,000, SOL, DOGE higher as Michael Burry warns of stock crash
Bitcoin briefly touched $82,000 while SOL and DOGE rallied, but Michael Burry's warning of a tech stock crash looms large. The Big Short investor flagged the Nasdaq 100 as overvalued at 43x earnings, comparing it to pre-crash conditions. Rising oil prices, Treasury yields, and Iran tensions threaten crypto's recent gains ahead of Tuesday's U.S. inflation data.