2026-06-25
Jiang Zhuoer, the founder of Chinese Bitcoin mining pool BTC.top, has forecast that the current Bitcoin bear market will likely reach its floor.
Jiang Zhuoer, the founder of Chinese Bitcoin mining pool BTC.top, has forecast that the current Bitcoin bear market will likely reach its floor.
Despite the current bear market pressures, a new analysis suggests that Bitcoin (BTC) may be significantly undervalued relative to its long-term cycle structure..
21Shares, a prominent digital asset management firm, has publicly acknowledged that its earlier prediction regarding the end of Bitcoin’s traditional four-year market cycle.
Data from Coinglass reveals that a decline in Bitcoin’s price to $61,746 would trigger the liquidation of approximately $608.81 million in long positions.
Bitcoin option traders are increasingly positioning for a sharp decline, with significant buying activity in put options targeting a drop to $52,000 over.
Bitcoin miners are facing sustained financial pressure as the cryptocurrency’s price has remained below the estimated cost of production for five consecutive months,.
Bitcoin experienced a notable surge in buying pressure after its price dipped below $60,000 earlier this month, with investors accumulating approximately 260,000 BTC.
Bitcoin’s next cycle bottom may settle at a significantly higher price floor than in previous downturns, according to fresh research from Galaxy Digital..
Bitcoin crossed the $64,000 threshold on Tuesday, continuing a steady upward trend that has seen the world’s largest cryptocurrency gain over the past.
Bitcoin (BTC) briefly surpassed the $63,000 mark during today’s trading session on the Binance USDT market, according to Bitcoin World market monitoring data..