2021-1-28 05:34 |
Guggenheim CIO Scott Minerd has made another bearish prediction for short term Bitcoin prices.
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Bitcoin is pushing toward a major $80,000 milestone as technical momentum meets rising geopolitical tensions in the critical Strait of Hormuz region.
Adam Livingston said Bitcoin trades below power law fair value, while Peter Schiff questioned BTC after stronger five-year gains elsewhere.
Bitcoin showed mixed signals as whale accumulation hit records, while weak US demand kept bottom calls in doubt.
Bitcoin traded near $66,749 as low volatility, weak liquidity, and Iran headlines kept traders focused on a possible market squeeze forming.
Bitcoin traded near $66,800 as Santiment data showed bearish commentary hit its highest level since February 28 in 2026.
Bitcoin traded near $67,150 as spot volume fell, leverage rose, and exchange reserves dropped, showing a split BTC market stance.
Binance stablecoin reserves rise again, signaling liquidity in the market as Bitcoin trades near $66,700 and traders watch for the next volatility trigger.