The USD/JPY pair catches fresh bids at the start of a new week and climbs back closer to last week's swing high, though it lacks follow-through and remains below the 157.00 mark through the Asian session.
The EUR/USD pair opens with a bearish gap at the start of a new week as the US-Iran war-led global flight to safety boosts the US Dollar (USD). Spot prices, however, lack follow-through selling and manage to hold above mid-1.1700s during the Asian session.
Silver price (XAG/USD) jumps to near $94.90 during the early Asian trading hours on Monday. The white metal attracts some buyers amid escalating geopolitical tensions in the Middle East following the United States (US) and Israeli strikes on Iranian targets.
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.00 during the early Asian trading hours on Monday.
The EUR/USD pair falls to near 1.1770 during the early Asian session on Monday, pressured by a renewed US Dollar (USD) demand. The Greenback gathers strength against the Euro (EUR) as the conflict across the Middle East is heightening traders' anxiety, boosting the safe-haven currencies.
Strategy lifts STRC dividend to 11.50 as MSTR posts eight monthly losses and Michael Saylor signals more Bitcoin purchases this week.
Bitcoin avoided a fresh breakdown around major geopolitical events in the Middle East, with BTC price targets now including $74,000 next.
Momentum rebuilt quickly after February’s pullback, and on-chain signals stayed firm.
Polygon drops by 11%, with exchange reserves flattening and mixed inflow signals emerging.
Bitcoin ETFs recorded $787.31 million in net inflows for the week ending February 27, reversing the prior week’s $315.86 million in outflows. The positive weekly flow came from three consecutive days of strong buying from February 24-26, totaling $1.02 billion,…
Bitcoin is trading at weekly RSI levels historically seen near bear market bottoms, signaling that selling pressure may be easing. While confirmation is needed, the market is in a zone often marking late-stage capitulation. The key question: was the recent drop the final flush, or is one last shakeout still ahead? RSI Compression Signals Downside Exhaustion According to crypto analyst Batman, Bitcoin’s weekly RSI has fallen back into the same territory that historically marked prior bear market bottoms. This momentum zone has repeatedly appeared during late-stage capitulation phases, making it a critical signal that the market could be nearing another major turning point. Related Reading: Bitcoin Nears Major Milestone As 100 BTC Wallets Approach Record Levels However, Batman is clear that this does not confirm the bottom is already in, stressing the importance of waiting for proper confirmation before declaring a reversal. Still, he notes that when RSI compresses to these levels on the weekly timeframe, Bitcoin has typically been much closer to a structural low than to the beginning of a fresh collapse. Reflecting on the 2022 bear cycle, Batman points out that once RSI entered this extreme zone, price managed to print one final lower low. However, that move occurred very close to the ultimate bottom, indicating that most of the downside had already played out by the time momentum reached such depressed readings. The analyst concludes that probabilities matter more than precision. From his perspective, when Bitcoin trades at these weekly RSI levels, it historically represents a zone where strategic accumulation becomes increasingly attractive. Bitcoin’s Six Consecutive Weekly Lower Highs — A Rare Signal In a recent weekly Bitcoin analysis, SuperBro pointed out that BTC has now printed six consecutive weekly lower highs, a rare structural pattern. The last time this occurred was during the COVID crash in 2020, a period marked by extreme volatility and eventual macro reversal. Related Reading: Fidelity Thinks Bitcoin May Be Leaving Its 80% Crashes Behind Price is currently slipping beneath the 200-week EMA and the volume Point of Control (POC), though the weekly candle has not yet closed. A reclaim of the POC before the close could trigger a sharp upside reaction and signal that the breakdown attempt is losing strength. Just below current levels sits the rising 200-week SMA, adding another layer of higher-timeframe support. RSI remains at extreme levels, suggesting that momentum is already deeply stretched. When you combine oversold conditions with six straight lower highs pressing into major support, the case for sustained downside continuation becomes less convincing. Beyond the near-term structure, the broader megaphone formation remains intact. If that macro pattern ultimately plays out, its upper trajectory projects potential targets north of $300,000, keeping the long-term expansion thesis firmly on the table despite current compression. Featured image from Pixabay, chart from Tradingview.com
Amid the flood of negative sentiments hitting the crypto markets from every side and affecting different sectors, Hyperliquid Strategies continues to stay afloat, beating other companies like Bitmine and Strategy in terms of profitability. According to data from analytics firm Artemis, Hyperliquid Strategies has emerged as the leading digital asset treasury firm in terms of […]
Israeli officials and Trump claim Ayatollah Ali Khamenei death; Iranian outlets deny it. Status unverified; analysts cite succession rules and regional risk. Read more...
HYPE shows resilience, supported by rising TVL, strong fees, and growing whale accumulation.
Bitcoin's future hinges on retail interest as institutional access fails to spark a market revival. The post Lyn Alden: Bitcoin’s four-year cycle is evolving, retail participation remains muted, and integration into finance is crucial for global adoption | The Wolf Of All Streets appeared first on Crypto Briefing.
Tokenized gold surged past $5,400 as US-Iran tensions spark a rush to digital safe-haven assets amid market volatility.
While bitcoin has been idling well beneath the $70,000 threshold, onchain metrics reveal that long-dormant wallets established between 2010 and 2017 have stirred to life in February, shifting 1,908.21 BTC value at just over $125 million through 69 separate transactions. Early Bitcoin Spending Activity Moderates Amid Lower Price Range This year, bitcoin prices have fallen […]
Early Saturday, United States (US) President Donald Trump announced that the US had begun “major combat operations” in Iran, following Israel’s pre-emptive missile attacks against Tehran.
Bitcoin is at a key inflection point right now.
Global regulators intensify cross-border oversight as the SEC and Japan’s FSA deepen cooperation on crypto supervision, digital assets, and investor protection, signaling tighter alignment across two of the world’s most influential capital markets. US SEC and Japan’s FSA Expand Crypto and Cross-Border Oversight Talks International regulatory cooperation remains central to global capital market oversight. The […]
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