In this video, we break down Bitcoin on the 1hr chart using Elliott Wave Theory. You’ll discover both bullish and bearish scenarios, plus the critical price levels and targets to watch. Video by Koenz Trading.
"Start online trading with iqoption. Access stocks, forex, and crypto on a world-class platform. Sign up for a free demo account and master your tools today!"
Learn more >>
Bitcoin (BTC) is trading around $64,044, experiencing a 1.6% to 1.8% intraday decline after failing to break and hold the $65,000 resistance level. The market is locked in a tight consolidation range between $63,752 and $65,316 as traders exercise caution ahead of major economic data.
Buy Bitcoin >>
Bitcoin Insights Today
-ETF Inflows vs. Hack Security: Spot ETFs logged over $850 million in weekly inflows. However, a major $130 million Coldcard cold wallet exploit has triggered localized panic regarding long-term custody security, even though the underlying Bitcoin network remains perfectly operational.
-Corporate Share Buybacks: Strategy Inc. utilized the proceeds from its 1,690 BTC liquidations ($108.6 million) to aggressively buy back its own STRC preferred shares rather than accumulating more cash.
-SEC Regulatory Shift: SEC Chairman Paul Atkins announced an open meeting to vote on "Regulation Crypto Assets," a landmark framework designed to replace ad-hoc enforcement with a permanent, tailored digital asset offering regime.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
