Bitcoin could soon ‘BLOW higher’ on bullish candle hammer — Glassnode execs
Traders will be closely watching how Bitcoin’s weekly chart closes on May 12 to look for signs of the end of the downtrend.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Traders will be closely watching how Bitcoin’s weekly chart closes on May 12 to look for signs of the end of the downtrend.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin (BTC) Price Today: $81.1K Becomes Critical as Traders Eye Double-Bottom Setup
Bitcoin recently climbed above $85,000 before encountering renewed selling pressure. Glassnode’s latest Week On-Chain report shows...
Sam Altman ChatGPT AI Predicts Bitcoin to Hit Insane All-Time High in 2026
Sam Altman’s ChatGPT AI predicts Bitcoin could reach a new all-time high in 2026, nearly doubling its October 2025 high of $126,00...
Bank of England says it will be ‘the banker to the stablecoin’
The Bank of England's support for stablecoins could enhance financial stability and innovation, influencing global regulatory appr...
What happens when crypto trades stocks while Wall Street sleeps?
Wall Street closes at 4 p.m., but apparently that's becoming more of a suggestion than a rule. You can now spend the evening watch...
Bitcoin Traders Stack $4.5 Billion in Calls as $95K Bets Take Shape
Bitcoin’s options market is sending a curious message. With bitcoin trading above $82,000, calls account for 60.24% of outstanding...
XRP Price Prediction: Elliott Wave Setup Points to $3 as XRP Nears a Potential $2 Breakout
XRP Price Prediction: Elliott Wave Setup Points to $3 as XRP Nears a Potential $2 Breakout XRP is approaching a critical technical...