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cointelegraph.com Bitcoin bull market 'almost over?' Traders split over BTC price at $105K

Key points:BTC price action retargets $105,000 after the Wall Street open, rising 2.5% from the day’s lows.Volatility continues, leading market participants to varying conclusions over what will happen to BTC/USD next.Perspectives include the Bitcoin bull market being in its final stages.Bitcoin (BTC) sought a rebound from a 4% dive at the May 19 Wall Street open as traders diverged on bull market strength.BTC/USD 1-hour chart. Source: Cointelegraph/TradingView$106,000 becomes BTC price zone to watchData from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $104,500, up 2.5% from the day’s low.The pair had seen flash volatility around the weekly close, which although the highest ever recorded, swiftly saw bulls lose control.Now, opinions differed about when, or if, new all-time highs would come.“This is exactly what Bitcoin needs to be doing,” an optimistic Rekt Capital wrote in part of his latest X analysis.“Needs to hold ~$104400 as support to position itself for a successful post-breakout retest.”BTC/USD 1-week chart. Source: Rekt Capital/XPopular trader Daan Crypto Trades flagged $102,000 and $106,000 as the levels to watch below and above spot price.“These mark the local range low and high and price has been trading within these for most of the last 1-2 weeks,” he wrote in part of his own X post. “Keep an eye out for a clean break below either of these. So far, price has not sustained above or below for more than a day.”BTC/USDT perpetual contract 4-hour chart. Source: Daan Crypto Trades/XThe area around $106,000 was also on the radar for onchain analytics firm Glassnode.“BTC's price surge stalled just below $106.6K - a level with 31K $BTC held at that cost basis,” it observed on the day. “This supply cluster originated on Dec 16 and remains unshaken. Holders haven’t redistributed, nor averaged down - making $106.6K an important level to watch in the short term.”BTC supply cost basis heatmap. Source: Glassnode/XTrader: “Too many bearish signs to ignore” on BitcoinA renewed warning meanwhile came from fellow trader Roman, who considered weekly timeframes to be no longer in bulls’ favor.Related: $107K fakeout or new all-time highs? 5 things to know in Bitcoin this week“Not a good close as we rejected resistance, created more bearish divergences, and have pumped with low volume. Stoch RSI has also topped,” he summarized. “Too many bearish signs to ignore, and it’s why I’ve been continuously saying the bull run is likely almost over.”BTC/USD 1-day chart with 1-week stoch RSI data. Source: Cointelegraph/TradingViewRoman referred to the stochastic relative strength index (RSI) indicator, a trend strength tool now firmly in “overbought” territory.As Cointelegraph reported, various short-term BTC price predictions have surfaced in recent days, including an “early week” target of $116,000 along with a potential retracement toward $90,000.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

news.bitcoin.com Latam Insights Encore: El Salvador’s IMF Bitcoin-Fueled Defiance Was a Fugazi

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the Salvadoran government’s confusing communication policy has led to a decline in its standing within the bitcoin community. Latam Insights Encore: El Salvador Bitcoin Allegiance Is No More, Bitcoin Purchases […]

bitcoinist.com Sequans Adds 1,264 Bitcoin To Balance Sheet Amid Growing Corporate Interest

Sequans Communications, a France-based fabless semiconductor firm, today announced the purchase of 1,264 Bitcoin (BTC) for a total of $150 million, averaging $118,659 per BTC. This latest acquisition brings the company’s total BTC holdings to 2,317 BTC. Sequans Expands Bitcoin Holdings With 1,264 BTC Purchase In an announcement made earlier today, French firm Sequans revealed […]

ambcrypto.com Trump Media's $2B Bitcoin buy: DJT stock pops amid new BTC treasury strategy

Key Takeaways Social media platform Truth Social's parent company, Trump Media, said roughly two-thirds of its liquid assets consist of crypto to become the fifth-largest corporate BTC treasury. The post Trump Media's $2B Bitcoin buy: DJT stock pops amid new BTC treasury strategy appeared first on AMBCrypto.

news.bitcoin.com Cross-Chain Crisis? Why Wrapped BTC Might Be Bitcoin’s Weakest Link

Marvin Bertin has raised concerns about the security risks posed by bridges and wrapped assets. He warned that these solutions introduce vulnerabilities that compromise Bitcoin’s security model. Bertin: Wrappers Are Worse In the rapidly expanding world of decentralized finance, cross-chain solutions like bridges and wrapped assets have emerged as popular tools to enhance interoperability between […]

ambcrypto.com Inside why a $6 billion NFT market cap surge is fueling Ethereum’s Q3 bull case!

Key Takeaways Ethereum NFTs have been surging, with the total NFT market cap reclaiming $6.8 billion for the first time since Q4 2023. ETH is up nearly 50% this month, with NFT flows and gas usage adThe post Inside why a $6 billion NFT market cap surge is fueling Ethereum’s Q3 bull case! appeared first on AMBCrypto.

bitcoinist.com Crypto Graveyard Grows: Coinbase Says $3.4B In ETH Is Irrecoverable

Ethereum is seeing a growing chunk of its coins slip out of reach. According to Coinbase head of product, Conor Grogan, 913,111 ETH—about 0.76 % of the nearly 121 million coins in circulation—are now locked away by user blunder or software bugs. Related Reading: Crypto Tax Cuts Could Unleash Bitcoin Buying Spree In Japan Coinbase disclosed that the […]

news.bitcoin.com Arthur Hayes: BOJ’s Subtle Shift Could Explode Bitcoin Price

As a discreet financial maneuver takes shape in Japan, Arthur Hayes says this subtle central bank shift could be the catalyst behind bitcoin’s next explosive surge. On July 19, Hayes highlighted reports that the Bank of Japan (BOJ) is stepping in to supply U.S. dollars against pooled collateral starting July 17, calling the move a […]

blockonomi.com AI Believes Cardano (ADA) and Polkadot (DOT) Can’t Compete with This Hot DeFi Play, Early Buyers See 200% ROI Pathway

Cutting-edge AI analysis is sending waves through the crypto community with a striking backtest revealing that Mutuum Finance (MUTM) is poised to outperform giants like Cardano (ADA) and Polkadot (DOT) between Q4 2025 and Q1 2026. Quantitative funds, known for leveraging AI-driven strategies, are buzzing with excitement over MUTM’s potential to deliver extraordinary returns, far [...] The post AI Believes Cardano (ADA) and Polkadot (DOT) Can’t Compete with This Hot DeFi Play, Early Buyers See 200% ROI Pathway appeared first on Blockonomi.

bitcoinist.com ‘Banksters Are Out To Kill Crypto,’ Tyler Winklevoss Slams JPMorgan

The debate over who should control—and pay for—access to US consumers’ banking data turned acrimonious after Gemini co‑founder Tyler Winklevoss claimed that JPMorgan Chase & Co. is “trying to kill fintech and crypto companies.” In an extended X thread posted late Sunday, Winklevoss charged that the nation’s largest bank wants “to take away your right to access your […]

news.bitcoin.com US Government Puts Stamp of Approval on Key Digital Asset in Historic First Move

SEC Chair confirms first-ever U.S. government stamp of approval on a key digital asset, signaling a breakthrough moment for blockchain adoption in mainstream financial infrastructure. SEC Chair Confirms Historic Pivot: Stablecoins Now Core to US Financial Future A pivotal shift in U.S. regulatory posture is underway as stablecoins gain unprecedented government recognition, signaling potential upgrades […]

ambcrypto.com ETH Treasury updates - How two unknowns just outpaced the Ethereum Foundation!

Key takeaways SharpLink and Bitmine, two relatively unknown companies, now hold more ETH than the Ethereum Foundation. This, on the back of the altcoin seeing record inflows across Futures, ETFs, andThe post ETH Treasury updates - How two unknowns just outpaced the Ethereum Foundation! appeared first on AMBCrypto.