There’s a lot of potential strong support below, both long and short-term and as we discussed in yesterday’s note the preferred view is that price is rising in a new 20-week cycle with an upside target around US$33,000 by end-July/early August.
Bitcoin’s price looks to be forming a base with the level to beat near term at US$23,210, which is the open on 14 June. It’s not uncommon for push up and pull back sequences to occur in these market phases.
Bitcoin's 30% decline over the past 90 days — from roughly $87,000 to $60,770 — has broken the mechanism that made MicroStrategy's leverage play work.
The preferred stock fell to an intraday low of $82.53 last week — its deepest drawdown since launch. Here's what happened, why it matters, and what it has in common with instruments traditional finance knows well.
A weekend rebound, rising short-side liquidity, and a market that doesn’t quite believe it—Bitcoin’s next move hinges on whether $63.5K holds.
The new Fed chair held rates, dropped forward guidance, and delivered a dot plot that reset rate-hike expectations — and in doing so, reminded crypto markets that macro correlation isn't a solved problem.
Another “hack” that wasn’t: the Kelp DAO incident shows how social engineering, self-custody, and privacy tools converge – protecting users on paper while quietly amplifying theft incentives and eroding accountability when governance itself is designed to resist oversight.
Russia’s crypto policy is forcing USDC in through the front door—then quietly taxing and throttling it out the back, revealing a sanctions-driven hierarchy where compliance becomes a liability and Tether holds the edge.
A $1.78 trillion asset manager is now running active digital asset strategies in-house — another sign traditional finance is done treating crypto as a side experiment.
Bitcoin's 30% decline over the past 90 days — from roughly $87,000 to $60,770 — has broken the mechanism that made MicroStrategy's leverage play work.
