Hong Kong hedge funds’ leveraged BTC price bets are emerging as the main trigger behind Bitcoin’s sharp month-long sell-off.
Yashu Gola
Yashu Gola is a staff writer at Cointelegraph and a member of the Cointelegraph Spanish team. He is a markets-focused journalist who has covered the cryptocurrency industry since 2014, previously serving as Editor-in-Chief at NewsBTC and contributing to CCN, Yahoo Finance, CoinDesk, and Bitcoinist. He covers crypto news and market analysis for the publication.
- Market Analysis
What crashed Bitcoin? Three theories behind BTC's trip below $60K - Market Analysis
Bitcoin price may drop below $64K as veteran raises ‘campaign selling’ alarm Bitcoin risks a deeper slide as miners and US spot ETFs cut BTC exposure, adding supply pressure during a fragile downtrend.
- Market Analysis
Ethereum price: Classic chart pattern puts sub-$2K ETH in focus Ether risks declining toward the $1,665-$1,725 range in February, according to a confluence of bearish technical and on-chain indicators.
- Altcoin Watch
XRP price risks repeating 2022 crash as new buyers go underwater XRP is below the average buy price of the past year, putting many holders in the red and increasing downside risk in the near term.
- Market Analysis
Bitcoin vs. gold: BTC is a ‘better opportunity’ than in 2017, data says Bitcoin could start catching up to gold as soon as February, as traders anticipate BTC to recover from its record lows versus gold this year.
- Market Analysis
Bitcoin's 'miner exodus' could push BTC price below $60K Still, Bitcoin often rebounds toward its energy value after long downtrends, with one model pointing to a fair price near $121,000.
- Market Analysis
Bitcoin vs. gold: Key differences that could position BTC for a big rally Bitcoin has been called "digital gold," and some of its key properties may help BTC rally more than the precious metal in percentage terms.
- Market Analysis
Ethereum loses $3K again: How low can ETH price go in February? ETH price charts confirmed a triangle breakdown, shifting the near-term bias lower and putting $2,250 in focus if sellers stay in control.
- Market Analysis
Is the Bitcoin-versus-gold chart completely broken? Bitcoin dropped below levels that historically marked cycle bottoms versus gold and preceded major rallies in dollar terms.
- Market Analysis
Bitcoin crashed 30% after the last Yen intervention, but there's a catch Past yen shocks were followed by BTC dropping 30% before rebounding more than 100%, a pattern traders are watching as talk of Japan's intervention returns.
- Market Analysis
US yield spread hits 2021 highs: A warning for Bitcoin price? BTC price faces pressure as markets brace for a sustained rise in long-term yields driven by economic deficits, particularly in Japan.
- Altcoin Watch
Will XRP price double again? 'Latent' buy pressure puts shorts in danger Similar XRP funding conditions preceded rebounds of about 50% in August and September 2024 and about 100% in April 2025.
- Market Analysis
Bitcoin sharks scoop up BTC like it's 2013 despite 'perfect bull trap' Several chartists warn that Bitcoin could decline toward $30,000 in February as the price action mirrors previous four-year cycles.
- Market Analysis
US Bitcoin traders flip bearish: Is BTC price at risk of losing $90K? Bitcoin faces rising downside risk as macro pressure and weak technicals point to a possible drop toward $80,000 on a rising-wedge breakdown.
- Market Analysis
Three reasons why Bitcoin's 'real breakout' toward $107K has begun Bitcoin entered a decisive breakout phase, targeting $107,000 as long-term holder selling fades and BTC continues to leave exchanges, tightening supply.
- Market Analysis
Bitcoin is now most undervalued versus gold: Will BTC price rebound? BTC price surged nearly 150% after a similar BTC–gold undervaluation signal in late 2022, highlighting how extreme discounts have preceded major rallies.
- Altcoin Watch
Dash price soars 125% amid privacy coin boom: Is the rally overheating? DASH price surged as capital rotated into privacy coins, with traders shifting away from Zcash after its governance turmoil.
- Market Analysis
Bitcoin-gold correlation signals at least 50% BTC price gains by March Bitcoin may take the lead over gold in 2026 as liquidity expansion and cycle fractals point to a rally that may take BTC price to $144,000.
- Market Analysis
Ether set for 95% copycat rally against Bitcoin if bullish reversal confirmed ETH price could rally 95% versus Bitcoin if a decisive breakout above the key 0.042 BTC neckline confirms a bullish reversal.
- Altcoin Watch
Monero’s XMR hits $500 for the first time since 2021 as rival Zcash fumbles History shows XMR has repeatedly failed near record highs, risking another sharp pullback unless it decisively breaks above $500–$520.
- Altcoin Watch
Zcash governance in turmoil: How low can ZEC price go? Zcash's technical and fundamental catalysts raise the odds of ZEC price declining to as low as $200 in the coming weeks after core developers exited the project.
- Market Analysis
Bitcoin price falls despite 'really bullish' MSCI update: What went wrong? MSCI’s rule change on newly issued shares reshapes passive demand, raising questions over how Bitcoin-linked treasury companies fund future BTC purchases.
- Altcoin Watch
XRP shows gold-like breakout pattern, analyst says — but risks remain XRP mirrors a past gold breakout pattern, prompting speculation of an $8–$10 scenario in 2026 if the fractal plays out.
- Altcoin Watch
Three bullish XRP charts to watch as price gains over 18% in 2026 XRP price gained in the first five days of 2026 as chart breakouts and steady ETF inflows produced targets near $3, with longer-term projections as high as $7-$8.
- Market Analysis
Four Bitcoin charts to watch heading into 2026 Gold fractals, Bitcoin cost basis heatmap, and long-term moving averages offer clues on where BTC’s next major move may emerge in 2026.
- Altcoin Watch
Zcash price has 'first stop' at $1K: Former BitMEX CEO Arthur Hayes Incoming liquidity from the US Federal Reserve and bullish technical breakouts are aligning to support a $1,000 price outlook for Zcash.
- Market Analysis
AI bubble risks in 2026: What’s the potential impact on Bitcoin price? Tether CEO Paolo Ardoino warned that an AI sector correction could spill over into crypto markets in 2026, with some analysts projecting BTC to drop to as low as $65,000.
- Market Analysis
Fed Q1 2026 outlook: Potential impact on Bitcoin and crypto markets BTC may fall to $70,000 and ETH to $2,400 if the Fed pauses rate cuts in the first quarter of 2026 and inflationary pressure persists.
- Market Analysis
Three signs that Bitcoin is finding its market bottom Bitcoin’s selling pressure may be easing as momentum stabilizes, miners capitulate and liquidity conditions turn supportive.
- Market Analysis
Did Bitcoin's 4-year cycle break, and is the bull market really over? Bitcoin ETFs, corporate treasuries and macro tailwinds are challenging BTC’s traditional four-year cycle, which could result in new all-time highs in 2026.