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Showing posts from May, 2026

BTC May Slide Further as Futures Fuel Fades

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Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals for the best automated trades –  https://telegram.me/binancefuturesignal Futures drove up Bitcoin's price in April while spot demand declined, which CryptoQuant warned has historically preceded extended price declines. Bitcoin could be setting up for a multimonth price decline, after a rally in April driven mainly by futures traders while spot demand declined. Bitcoin gained around 20% in April, rising from $66,000 to a peak of $79,000 in a rally “driven entirely by growth in perpetual futures demand,” CryptoQuant said in a report on Thursday.  Meanwhile, spot demand for Bitcoin contracted throughout the rally, “indicating that the market’s marginal buyer was speculative, not fundamental,” it said. “The divergence between rising price and contracting spot demand is one of the clearest on-chain signals that price gains are speculative rather than structural,” CryptoQuant ...

Bitcoin Surge Squeezes Shorts, Rally Faces Resistance

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Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/btctradingclub Bitcoin bulls took another swing at the $77,000 resistance, but profit-taking and traders’ reluctance to increase margin and spot longs limit the strength of each breakout. Bitcoin (BTC) traders pushed the price to $77,400, but data suggests profit-taking may thwart the bull's goal of turning the $77,000 to $80,000 zone into support.  Orderbook data from TRDR shows over $130 million in asks extending from $76,700 to $79,300.  Given Bitcoin’s negative futures funding rate and the small negative long-short delta (-$1.47 million at the time of writing), bulls have a slight edge in the short-term. The situation could shift further in their favor if the BTC price pushes into short liquidity starting at $76,800, where there is a -$66.5 million to -$189 million negative delta, meanin...

Bitcoin Setup Looks Like 2022 Bottom, But…

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Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/progrouptraders Actually, there might be more than one signal suggesting BTC could be heading for another correction soon. On-chain data and technical analysis provided by popular analyst Ali Martinez show that bitcoin’s current price structure is mimicking the 2022 bottoming cycle, which is both good and bad for the asset. The negative part also comes from the behavior of whales, who have been sending BTC to exchanges en masse lately. BTC 2026 vs 2022 The 2022 bear market was quite brutal, propelled mostly by the adverse developments within the cryptocurrency industry, including the collapses of Terra and FTX and the subsequent fallout for many linked entities. BTC plunged from the then-all-time high of almost $70,000 to under $16,000 in a year. Martinez outlined several similarities between the pric...

Bitcoin’s $75K Cost Basis Becomes Key Support

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Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/cryptosignalalert Download our free app and receive signals on your mobile –  https://play.google.com/store/apps/details?id=com.freecryptosignals.app Bitcoin found support above a key investor cost-basis level as spot BTC ETF flows and spot positioning compressed BTC’s price range in preparation for the next trending move. Bitcoin (BTC) is trading at $76,350, which is above several key investors' cost-basis levels. The one-to-three-month holder average sits at $75,620, placing a large share of recent buyers near breakeven, while the price sits just below the US spot exchange-traded fund (ETF) cost basis of $76,700.  The short-term holder (STH) cost basis and the adjusted realized price extend on either side of this range, increasing the importance of the $75,000 level as a near-term support ...