Terra Classic

Bitcoin velocity RSI produced a rare bear market bottom signal as BTC price losses sparked a return to extreme "oversold" conditions.

A similar setup in 2023 preceded a 340% Bitcoin rally, reinforcing the argument that BTC is undervalued at current prices.

Bitcoin liquidity cues received a clear signal from the Fed, as the end of QT sparked the second-largest overnight liquidity injection since the COVID-19 era.

A crypto analyst used Bollinger Bands and RSI data to argue Bitcoin’s bear market bottom will not pass under $55,000.

BitMine now holds over $10 billion in Ether, doubling down on its strategy to accumulate 5% of the supply despite being underwater on its total position.

Bitcoin fudged the breakout to $93,000 as global TradFi markets stumbled and BTC spot investors failed to provide the necessary volume.

Bitcoin’s decline to $84,000 was driven by US dollar stablecoin concerns, a weakening global macroeconomic outlook and other factors beyond Japan’s bond market stress.

Bitcoin’s negative open to December shows bears’ plan to pull BTC to the $80,000 support. Analysts are now calling for the bull market to end with a drop to $70,000 and below.