Bitcoin is currently forecasted to drop as low as $61,000 this month, according to traders on Kalshi, a platform where market participants can place regulated event contracts on price movements. This bearish sentiment reflects broader economic uncertainties that are influencing trader perspectives on Bitcoin’s near-term trajectory.
Non-commercial traders in Bitcoin futures, often referred to as “smart money,” are currently moving net long with urgency, according to this week’s COT Report from the CFTC. This report outlines open interest and positions in […]
Michael Saylor has announced that he is “buying Bitcoin right now,” underscoring his ongoing commitment to Bitcoin adoption. Saylor, a prominent advocate for the cryptocurrency among corporate leaders, reinforces this by aligning with Strategy’s approach, […]
Bitcoin’s social sentiment has reached a four-year low, according to data from Santiment. Santiment is recognized for its ability to track real-time sentiment shifts in cryptocurrencies, including Bitcoin, providing valuable insights to analysts and investors. […]