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Bitcoin Price Prediction: CryptoQuant Believes Strategy Ought to Pause Its Bitcoin Purchases

Bitcoin price is trading around $62,000, with relatively no movement, but it’s doing little to mask a deeper structural prediction that is playing out publicly. CryptoQuant has issued a pointed recommendation. According to CryptoQuant analyst, Strategy, the Michael Saylor-led corporate Bitcoin buyer should stop accumulating BTC and focus on rebuilding cash reserves before its preferred…

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    Sector Update: Energy

    Energy stocks were lower Wednesday afternoon, with the NYSE Energy Sector Index dropping 2.2% and th PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in Source link

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    America’s Bitcoin buying turns negative as BTC drifts closer to the $57,300 liquidation trap

    Bitcoin’s sustained price correction is deepening as demand from US investors weakens, leaving the world’s largest cryptocurrency increasingly exposed to leveraged positions clustered below $60,000. According to CryptoSlate’s data, the top crypto traded at $59,800 at press time, down 16% this month. This decline has brought the asset closer to price levels where forced liquidations…

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