Skip to content

Blockhead Says: BTC Push Up, Then Fade & Pullback

Table of Contents

Today, I’ve got my eye on the Bitcoin hourly chart – price broke higher today, and as was anticipated in yesterday’s note, has formed a U-shaped base and is challenging the breakout level aggressively.

The preferred view remains for a push to around US$23,000 and then a fade and pullback over the next month or so.

Ethereum’s dead cat bounce of last week has resolved and price is similarly pushing higher now.  I would be watching for a rally in Gold now too – price may well be emerging from a 20-week cycle low.

Latest

Will 2026 Unwind Crypto Treasury Firms?

Will 2026 Unwind Crypto Treasury Firms?

The trade that once let equity investors proxy Bitcoin exposure is breaking down. With treasury firms underperforming their underlying assets, the model is shifting from accumulation to debt management—and many DATCOs may not make it through the next phase.

Crypto Cues to Watch Heading Into 2026 & Beyond

Crypto Cues to Watch Heading Into 2026 & Beyond

Crypto markets are set to be shaped less by single data prints and more by deeper forces – central bank credibility, AI-driven risk cycles, tariff-led inflation pressures, and dollar liquidity – creating a year defined by volatility, not clean trends.