Bernstein: Bitcoin Has Likely Bottomed, Maintains Year-End Bullish Target of $150,000

Bernstein points out that Bitcoin may have bottomed out and will continue to rise, with an expected reach of $150,000 by 2026. Despite a 50% stock price decline, Strategy company remains committed to its Bitcoin investment, holding 3.6% of the supply and adding positions at lower prices.

NYSE exchanges remove options limits on 11 Bitcoin, Ether ETFs

NYSE Arca and NYSE American have lifted the 25,000 contract limit on options tied to 11 crypto ETFs, enhancing trading flexibility and liquidity. The SEC approved these changes, allowing for customizable FLEX options.

Bitcoin Sub-$50K Spurs Five Key Takeaways Amid Gold Bear Market

Bitcoin began the week facing renewed macro headwinds as risk sentiment wavered and traders weighed the possibility of further downside in a pattern that resembles January’s bear flag. BTC traded around the mid-$60,000s after a weekend of outsized liquidations and a weekly close that fell short of r

Bitcoin finds stability at 2023 investor cost basis, echoing past cycle

Bitcoin support has recently aligned with the 2023 average realized price of approximately $63,700. This level has held during price fluctuations and mirrors past cycles. Current data shows newer cohorts are facing underwater positions, while the aggregate realized price indicates potential support at $54,000 if prices decline further.

Bitcoin Reclaims $68.4K, Tests Critical $71.4K Resistance

_Bitcoin reclaimed $68.4K support, filled the CME gap at $70.1K, and now tests $71.4K resistance. Bears stay in control below that level._ Bitcoin bounced off the 68.4K level and climbed toward 71.4K. The move came after the CME futures gap at 70.1K got filled. Structure, though, still reads