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Yaël Bizouati-Kennedy
Posts
Bitcoin recrosses $71,000 but level acting as “resistance rather than a launchpad”
Amid the Iran war, bitcoin’s recovery is “a fragile one,” with traders remaining cautious as the asset dips back below $70,000 early on Tuesday. Source:…
Bitcoin holds steady amid geopolitical uncertainty
“The key signals to watch are ETF flows and derivatives positioning,” according to one analyst. Source: Sherwood News.
As bitcoin mining economics “have gone from bad to worse,” companies pivot and sell to survive
Core Scientific is just the latest miner offloading its bitcoin, as other miners turn their compute power to AI. Source: Sherwood News.
Bitcoin’s “digital gold” narrative takes a further hit amid Mideast conflict
The asset is once again not acting as a safe haven the way gold has. Source: Sherwood News.
Bitcoin options market signaling “smart money is still paying up for downside protection rather than chasing the pump”
Bitcoin is heading toward its worst February since 2020 and its fifth consecutive month in the red. Source: Sherwood News.
Bitcoin’s brief bounce doesn’t signal the bottom, analysts warn
With only two days to go in February, the asset is on track to notch its fifth straight month of losses. Source: Sherwood News.
Bitcoin gets a positive bounce following State of the Union
“This has been a silver lining, given the tumultuous time crypto markets have had over the past months and weeks, but it does not call…
Bitcoin falls 50% from all-time high and on track for its worst month since June 2022
“The market is priced for catastrophe,” the head of research at Amberdata said. Source: Sherwood News.
Bitcoin market pain intensifies as ETF outflows continue and miner exits for AI
Meanwhile, Strategy is unfazed by bitcoin’s woes and announced its 100th bitcoin purchase. Source: Sherwood News.
Have we reached the bitcoin bottom yet? Many experts don’t think so.
“Bitcoin bear markets tend to see more than a 50% drawdown… If you follow that rule of thumb, this bear market would see bitcoin push…