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Bitcoin Could Reach $72K If V-Shaped Recovery Pattern Completes

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Crypto Breaking News

Bitcoin traders welcomed a softer-than-expected US CPI print as inflation cooled, helping the cryptocurrency nudge above the $69,000 level on Friday. The move rekindled hopes for a short-term recovery after a period of consolidation near key technical zones. Market participants are watching whether bulls can clear a stubborn resistance band around $68,000 to $70,000, with several analysts outlining a potential path to higher targets if the price can establish a base above critical support near $65,000. The latest price action comes amid a broader market backdrop characterized by fluctuating risk appetite, liquidity dynamics, and ongoing discussion about the role of exchange-traded products in crypto exposure.

Key takeaways

  • Traders anticipate a relief rally for BTC in the near term, contingent on clearing the $68,000–$70,000 resistance zone.
  • A confirmed hold of $65,000–$66,000 could pave the way for a squeeze toward higher levels, with some strategists pointing to a potential move toward $72,000 if momentum sustains.
  • Analysts describe a pattern suggesting the possibility of a short-term bounce, followed by attention to liquidity clusters that could amplify moves near major price walls around $75,000–$80,000.
  • Key moving averages around the current price action—specifically the 20-period EMA near $67,500 and the long-established 200-week EMA near $68,000—feature prominently in discussions of potential breakout setups.
  • Market breadth remains sensitive to macro data, ETF flows, and liquidity shifts, which could influence how BTC navigates the next price ceilings and support floors.

Tickers mentioned: $BTC

Sentiment: Neutral

Trading idea (Not Financial Advice): Hold. Near-term momentum hinges on reclaiming the $68,000 level and sustaining a push above resistance to re-energize a broader upside thesis.

Market context: The price action sits at the intersection of macro cooling inflation, ongoing liquidity considerations, and crypto-specific ETF discourse. As traders parse fresh CPI data, attention remains on how institutional flows and retail positioning will influence BTC’s short-term trajectory within the context of evolving risk sentiment and regulatory discussions.

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Why it matters

Bitcoin’s recent move above the $69,000 mark underscores the market’s sensitivity to macro signals and its willingness to test established technical levels. A successful breakout beyond the $68,000–$70,000 band would be interpreted by many observers as an incremental sign of renewed buying pressure, potentially signaling the start of a broader recovery phase from the backdrop of recent volatility. The interplay between upward price action and liquidity conditions is central to whether the move can be sustained or is likely to stall at the next liquidity cluster.

Analysts have highlighted a confluence of technical indicators that could shape the near-term path. A rising potential is suggested by patterns observed on shorter timeframes, including the notion that a break above resistance could reawaken the momentum needed to test higher targets. Yet the narrative is balanced by warnings about the risks of a deeper correction if key supports fail to hold. The 20-period EMA and the 200-week EMA are cited as important reference points that could influence the speed and magnitude of any rebound, particularly if price re-tests test the lower bands near $65,000–$66,000.

From a broader market perspective, liquidity dynamics and the prospect of ETF-related flows continue to weigh on Bitcoin’s short-term direction. Traders monitor order-book depth and liquidation risk around critical price thresholds, as activity around $75,000–$80,000 has historically formed meaningful liquidity walls. In this environment, even a modest shift in risk appetite or a fresh catalyst could trigger rapid moves as participants adjust positions in anticipation of the next major swing.

What to watch next

  • Watch for a decisive daily close above $68,000 to confirm a bullish breakout trajectory toward the $72,000 neckline level.
  • Should BTC reclaim the $70,000 mark, monitor price action for signs of acceleration toward the $72,000–$76,000 zone and beyond to the 50-day SMA near $85,000.
  • Keep an eye on liquidity clusters around $75,000–$80,000, where a crowding of bids and asks could trigger a squeeze if breached.
  • Observe bids near $65,000 and the corresponding asks around $68,000; revisiting these levels could be a prerequisite for renewed upside momentum or a testing ground for stronger support.
  • Follow macro and ETF-flow developments, as shifts in risk sentiment driven by regulatory developments or institutional demand can influence the pace of BTC’s advance.

Sources & verification

  • BTC price action around $69,000 on the backdrop of cooler US CPI data and the referenced resistance zone near $68,000–$70,000.
  • Public posts from market observers on X (formerly Twitter) noting resistance levels and potential continuation patterns.
  • CoinGlass liquidity heatmap indicating walls near $75,000 and $80,000 and liquidation risk around key price zones.
  • Analyses citing the significance of the 20-period EMA near $67,500 and the 200-week EMA near $68,000 in guiding near-term moves.
  • Chart references from TradingView illustrating the one-hour and two-day perspectives on BTC price structure.

Market reaction and near-term setup

Bitcoin is approaching a pivotal juncture as traders weigh the impact of softer inflation prints against the persistence of macro headwinds. In the near term, a break above the $68,000 resistance line would be interpreted as a signal that bulls are regaining control after a period of consolidation. If that breakout strengthens, the narrative leans toward a move toward $72,000, a level that previous analyses have associated with a potential shift in momentum. The idea of a short squeeze—where short positions are forced to cover as prices rise—gains plausibility if the price can push beyond the immediate hurdle and clear liquidity walls just above $75,000 to $80,000. The risk remains that if the market fails to sustain above $68,000, or slips back toward $65,000–$66,000, the scenario could transition into a more pronounced corrective phase.

From a technical vantage point, BTC’s price action has been described as exhibiting a V-shaped recovery on certain four-hour timeframes, suggesting that the move could be swift if momentum holds. Traders are closely watching the interaction with the 20-period EMA and the 200-week EMA, two benchmarks that often correlate with transition points between ranges and breakouts. A sustained hold above these benchmarks would reinforce a more constructive outlook, while failure to do so could invite renewed selling pressure in the short run. The narrative remains data-driven, with macro signals continuing to shape expectations for how the market will respond to incoming data and policy cues.

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In addition to price dynamics, liquidity considerations are relevant for auditing risk and potential volatility. The presence of concentrated bid and ask clusters around specific levels—such as near $65,000 and $68,000—suggests that order-flow dynamics could play a central role in determining whether BTC can press higher or retreat. If the market revisits the $65,000 area and buyers re-emerge, there is a plausible path for a return to the higher side of the spectrum; conversely, if bids fail to hold, the resulting liquidity gaps could accelerate a correction. Traders and researchers will likely focus on how real-time liquidity conditions align with price action to gauge the durability of any rallies.

What happened previously and what to monitor next

Historical context from recent weeks shows that BTC has repeatedly attempted to mount a sustained breakout, only to encounter resistance near meaningful price levels. The pattern analysis suggests that if the price can cement a foothold above the $68,000 zone, there is room for a move toward the $72,000 neckline and potentially higher toward the $76,000–$85,000 range, where the dynamic of moving averages could come into play. Market participants should remain vigilant for shifts in ETF activity and macro data, which historically have driven outsized moves relative to intra-day volatility. The crypto market continues to navigate a complex web of technical levels, liquidity constraints, and evolving regulatory considerations, all of which shape the probability of a sustained rally or a renewed pullback in the weeks ahead.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Aave DAO Shift as DeepSnitch AI Rises

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Aave DAO Shift as DeepSnitch AI Rises

Aave is pushing DeFi governance into a new phase. Its proposed $50 million deal to redirect product revenue back to the DAO could reshape how major protocols align incentives and reward token holders, an important shift in today’s crypto news cycle.

But while Aave continues to build, investors are hunting for the best crypto presale to buy. Most of the attention is now turning to DeepSnitch AI.

The project is developing a Web3-native Bloomberg Terminal, drawing over $1.6 million from whales in its presale. Many believe DSNT could be the most important crypto news today.

Aave Labs proposes $50M deal to redirect revenue to DAO

In the latest crypto news today, Aave Labs has requested a $50 million funding package from the Aave DAO in exchange for redirecting all revenue from Aave-branded products to the DAO treasury.

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The proposal includes up to $42.5 million in stablecoins, $25 million as a primary grant and $17.5 million tied to milestones, along with 75,000 AAVE tokens worth roughly $8 million.

In return, revenue from platforms such as aave.com, the upcoming Aave App and Card, Aave Pro, Aave Kit, and Aave Horizon would flow entirely to the DAO.

Top 3 cryptocurrencies to buy amid the crypto news today

DeepSnitch AI

In the latest crypto news today, DeepSnitch AI continues advancing its presale, raising more than $1,590,000 with the token holding at $0.03985. That represents roughly 160% growth from its initial level, reflecting steady participation as the project progresses through its current stage.

The broader thesis centers on its launch structure. By postponing open-market trading while keeping the platform accessible to presale users, the team concentrates on early engagement within a limited group. This approach restricts immediate liquidity while allowing the product to mature and demonstrate utility before wider exposure.

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Supply dynamics further shape expectations. More than 36 million tokens are already staked, reducing the projected circulating float ahead of listing. If awareness expands into a relatively constrained supply environment, early price discovery could be volatile.

There are also ongoing discussions about potential listings on major exchanges, though such outcomes remain speculative until formally confirmed. As with any presale, risks are significant, but DeepSnitch AI combines phased pricing, staking incentives, and live platform access.

Jasmy

JasmyCoin is trying to build a base after breaking a short-term bearish pattern. Fresh buying and optimism around the Jasmy Swap launch have helped sentiment. Price held above the key $0.0048 support on February 13, which keeps recovery hopes alive.

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The bounce still looks fragile. Sellers blocked price near $0.0066–$0.0070 at the top of a descending channel. JASMY also struggles near the mid-Bollinger Band, which acts as resistance. The broader trend has not flipped.

MACD stays below its signal line and shows weak momentum. Bulls must push price above channel resistance to target $0.008 or even $0.01. If $0.0044–$0.0048 fails, sellers regain control.

Pi Network

Pi Network has gained over 10% as traders prepare for the February 15 mainnet upgrade. The update requires node operators to install new software. The team aims to improve speed, security, and scale. That catalyst has fueled buying interest.

PI has broken a short-term descending trendline and shifted momentum higher. Price now holds above $0.15, which shows buyers defend support. The next test sits at $0.20, a key psychological and technical level.

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If PI closes above $0.20, the price could move toward $0.22–$0.25. If bulls fail there, the token may pull back to $0.14–$0.15. Strong selling could expose $0.12.

The bottom line

DeepSnitch AI is the rare chance to sidestep the noise of crypto winter and position before the crowd arrives. While the crypto news today focuses on governance proposals and short-term price swings, the real opportunity sits in this presale.

At $0.03985, a $2,000 allocation secures roughly 52,200 DSNT, and with the DSNTVIP30 bonus, that stack grows even larger before launch.

With over $1.6 million already raised, staking locking supply, and exchange speculation building, the upside narrative is clear. If adoption accelerates in 2026, early buyers won’t just outperform; they could redefine their entire portfolio trajectory.

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Visit the official DeepSnitch AI website, join Telegram, and follow on X for more updates.

FAQs

How does breaking crypto news today impact new investment opportunities?

Breaking crypto news drives short-term volatility, but DeepSnitch AI offers stronger long-term upside through utility and presale positioning.

Which project stands out in the latest blockchain updates?

Among the latest blockchain updates, DeepSnitch AI leads with AI-powered analytics, staking incentives, and accelerating whale participation.

What do current crypto industry headlines suggest for 2026?

Crypto industry headlines highlight innovation, yet DeepSnitch AI remains the top presale for asymmetric growth potential.

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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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BlackRock’s head of digital assets warns leverage-driven volatility risks undermine b itcoin’s institutional narrative

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BlackRock's head of digital assets warns leverage-driven volatility risks undermine b itcoin’s institutional narrative

NEW YORK — While BlackRock’s iShares Bitcoin ETF (IBIT) is among the most successful product launches in Wall Street history, the crypto market’s growing reliance on leverage could be doing long-term damage to bitcoin’s institutional appeal, according to Robert Mitchnick, head of digital assets at BlackRock.

During a conversation with Anthony Pompliano and investor Dan Tapiero at the Bitcoin Investor Week conference in New York on Thursday, Mitchnick said that while bitcoin’s fundamentals remain strong, excessive speculation — particularly on leveraged derivatives platforms — is introducing instability that threatens the asset’s positioning as a serious portfolio hedge.

“These days where you have a tiny little thing that shouldn’t have any price impact really at all — and if it does, should be small — like, for example, October 10th, some tariff-related thing, and next thing you know, [bitcoin] is down 20%,” Mitchnick said. “That’s because you get cascading liquidations and auto-deleveraging.”

While bitcoin’s long-term value proposition as a “global, scarce, decentralized monetary asset” remains intact, Mitchnick warned that the asset’s short-term trading behavior is starting to look dangerously similar to “levered NASDAQ” — a perception that may deter conservative allocators from entering the space.

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“The facts are more on the side of how I characterized it,” he said, referring to bitcoin’s fundamental attributes. “But now the trading data, at least lately, looks very different, and the bar to adoption if it trades like levered NASDAQ is much, much, much higher.”

Mitchnick also pushed back on the idea that exchange-traded funds (ETFs) like IBIT are contributing to volatility, pointing instead to perpetual futures platforms as the source of instability.

“There’s a misperception out there that it’s a bunch of hedge funds in ETFs that are creating volatility and selling; that’s not what we’re seeing,” he said. “On a week that was tumultuous, obviously, in the bitcoin market, we had 0.2% of the fund redeem. If there actually were hedge funds massively unwinding trades… you would have seen billions. We saw many billions liquidated on these levered platforms.”

Despite short-term turbulence, Mitchnick emphasized that BlackRock remains committed to digital assets as part of a broader financial transformation.

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“We see ourselves as having the role of a bridge… between traditional finance and the digital asset world,” he said. “Over time, there’s certainly going to continue to be a greater role for digital assets and this technology theme in general for many of our clients.”

Read More: Bitcoin May Evolve Into Low-Beta Equity Play Reflexively, BlackRock’s Mitchnik Says

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Is Bitcoin Really in a Bear Market and Where Is the Bottom?

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BTC Crashes $3K in Minutes as Whale Reportedly Wrecked for $1 Billion


BTC’s bottom might not be in, warned ChatGPT and said there could be more pain ahead for investors. Here’s how low bitcoin could go.

Whenever bitcoin corrects after a prolonged rally, the general question within the cryptocurrency community is whether this is another “healthy” retracement in a bull market, or the trend has changed completely, and the bears are in full control.

The past few months, though, do not appear to be a regular correction. Bitcoin traded above $126,000 in early October before it plunged to under $100,000 by the end of the year. Its impressive start to 2026 was quickly halted, and the asset plummeted to $60,000 last Friday, charting a 52% drop since its all-time high.

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What’s perhaps even more worrying is the fact that most other asset classes, including the precious metal market, kept riding high during this time, charting consecutive new peaks.

As such, we decided to ask ChatGPT if it believes BTC is indeed in a bear market or whether this is another ‘typical’ correction.

Is It a Bear Market?

The AI solution acknowledged the substantial crash in early February, indicating that it “represents a major structural shift.”

“Importantly, the $60K zone was a former breakout level during the 2025 rally, which now acts as critical support.”

If the cryptocurrency finds a solid support and stabilizes at these levels, as it has done in the past week, the move south could “resemble previous 50% resets seen during strong cycles,” said the AI. However, a breakdown below these levels could “strengthen the bear thesis significantly.”

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In conclusion to this question, ChatGPT said that BTC is indeed in a bear market, at least by the definition of that phrase. The only thing that remains uncertain is the magnitude and duration.

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Where Is the Bottom?

OpenAI’s platform believes there’s a 35% chance that the bottom was in at $60,000. However, its most likely scenario envisions at least one more leg down that could drive the cryptocurrency to $50,000-$52,000.

“The $50K region represents a strong psychological level and prior consolidation zone. A move here would mark a roughly 60% drawdown from the all-time high, aligning with more severe but still cyclical corrections.”

ChatGPT also outlined two extreme cases, both of which it believes are highly unlikely – a capitulation crash to $40,000-$45,000 or a full-on investor exodus to under $35,000. Nevertheless, it explained that both of these scenarios would require a massive black swan event, such as FTX’s collapse or a new war.

Will Bitcoin Endure?

No matter which of the aforementioned scenarios materializes, ChatGPT remains positive on bitcoin’s long-term potential. It reminded that the asset has experienced and survived far worse drawdowns of up to 80% or even 90% in its early days.

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“The most realistic bottom range currently sits between $50K and $60K, with a deeper flush toward the low-$40Ks possible if macro conditions worsen. However, bitcoin has shown extreme resiliency in the past, and there’s not much evidence to suggest otherwise now.”

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XRP investors likely bought the dip after the recent crash

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XRP: exchange reserve on Binance. (CryptoQuant)

Payments-focused cryptocurrency XRP is rising faster than bitcoin and ether after investors hunted for bargains post early-month crash.

XRP’s price has rallied 38% to $1.55 since hitting a low of $1.12 on Feb. 6, according to CoinDesk data. Prices have jumped by more than 5% in the past 24 hours alone.

This performance puts it well ahead of both bitcoin and ether, which have recovered roughly 15% since Feb. 6. As of writing, bitcoin and ether changed hands at $69,420 and $2,020, respectively.

XRP’s bitcoin-beating rally tracks signs of dip-buying on Binance following the Feb. 6 crash. CryptoQuant data indicates Binance’s XRP reserves dropped sharply by 192.37 million XRP to 2.553 billion between February 7 and 9. The 7% slide marked the lowest level since January 2024, and holdings have remained stable since then.

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XRP: exchange reserve on Binance. (CryptoQuant)

XRP: exchange reserve on Binance. (CryptoQuant)

Analysts typically associate a drop in exchange balances with investor accumulation. The logic is that investors prefer to take direct custody of coins rather than keep them on exchanges when intending to hold them long-term.

Sudden, sharp withdrawals can reduce available supply, opening the door to a price rally. Historical trends reinforce this view. XRP rallied sharply from $0.60 to over $2.40 in the final two months of 2024 as the balance held on exchanges slid faster.

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WLFI May Have Signaled Crypto Crash Hours Before Bitcoin: Study

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WLFI May Have Signaled Crypto Crash Hours Before Bitcoin: Study

World Liberty Financial Token (WLFI), a DeFi governance token affiliated with the Trump family, may have signaled a major market breakdown hours before Bitcoin moved, according to a new analysis by data provider Amberdata.

The report examines trading activity on Oct. 10, 2025, when roughly $6.93 billion in leveraged crypto positions were liquidated in under an hour. Bitcoin (BTC) fell about 15% and Ether (ETH) dropped roughly 20%, while smaller tokens lost as much as 70%.

Amberdata found that WLFI began a sharp decline more than five hours before the broader market downturn. At the time, Bitcoin was still trading near $121,000 and showed little immediate stress.

“A five-hour lead time is hard to dismiss as coincidence,” Mike Marshall, who authored the report, told Cointelegraph. “That duration is what separates a genuinely actionable warning from a statistical artefact,” he added.

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Related: Senators ask Bessent to probe $500M UAE stake in Trump-linked WLFI

WLFI anomalies before the selloff

Researchers analyzed three unusual patterns, including a surge in trading activity, a sharp divergence from Bitcoin and extreme leverage, to determine whether WLFI signaled stress before the broader market selloff.

WLFI’s hourly volume jumped to roughly $474 million, about 21.7 times its normal level, within minutes of tariff-related political news. Meanwhile, funding rates on WLFI perpetual futures reached about 2.87% every eight hours, equivalent to an annualized borrowing cost near 131%.

WLFI funding rating. Source: Amberdata

The study does not claim insider trading occurred. Instead, it argues the way crypto markets are structured can make certain assets matter more than their size suggests.

WLFI’s holder base is concentrated among politically connected participants, the report says, unlike Bitcoin’s widely distributed ownership. Marshall said the trading pattern appeared “instrument-specific,” meaning activity was focused on WLFI rather than across the broader crypto complex.

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“If this were superior analysis (sophisticated participants reading the tariff headlines faster and drawing better conclusions) you’d expect to see that reflected more broadly,” he said. “What we actually saw was concentrated activity in WLFI first.”

The timing is notable. Trading volume accelerated roughly three minutes after public tariff news. Marshall said such speed suggests prepared execution rather than retail traders interpreting headlines in real time.

The link between WLFI and the broader market drop comes down to leverage. Many crypto trading platforms let traders use several assets as collateral for borrowed positions. When WLFI fell sharply, the value of that collateral dropped, forcing traders to sell liquid assets like Bitcoin and Ether to cover their positions. Those sales pushed prices lower and triggered further liquidations across the market.

WLFI crashed ahead of Bitcoin. Source: Amberdata

Related: Trump family’s WLFI plans FX and remittance platform: Report

WLFI reacted faster than Bitcoin to stress

Amberdata’s data shows WLFI’s realized volatility reached nearly eight times that of Bitcoin during the episode, making it particularly sensitive to stress. Researchers argue that structurally fragile, highly leveraged assets may move first during market shocks.

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Marshall said the findings should not be interpreted as proof that WLFI can reliably predict downturns. The analysis covers a single event, and more data would be needed to establish statistical consistency. Still, he believes the behavior is significant.