BTC bottom zone set at $46K–$54K, says Glassnode co-founder
Rafael anchors the call in two on-chain valuation bands — CVDD and Realized Price — with a deeper capitulation floor at $35K-$40K only if the cycle breaks historical pattern.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
Rafael anchors the call in two on-chain valuation bands — CVDD and Realized Price — with a deeper capitulation floor at $35K-$40K only if the cycle breaks historical pattern.
A wall of mega-IPOs — SpaceX, OpenAI, Anthropic, Google — is sucking liquidity out of crypto on a scale that has shaved roughly 20% off $BTC in two weeks, with the drawdown now the deepest since 2022.
The delisting is the surface story; the structural signal is a top-tier venue publicly breaking with a Trump-family stablecoin over unilateral address freezes — a precedent every issuer will be…
The February 2026 floor at $60,132 has been broken on the way down — and a popular YouTube cycle analyst still expects a Q4 final low, with the worst-case floor in the $30-40K range.
A two-week Keltner lower-band re-test has marked every prior Bitcoin bottom, but the 0.786 Fibonacci retracement near $40K has done the same — and the two signals currently disagree by tens of…
Britain's ban on retail crypto derivatives puts Hyperliquid on the wrong side of UK law, and the platform's HIP-3 push into oil, gold, and equities is exactly the overlap CME and ICE just raised with…
1K $BTC (≈60.9M) moved from #Kraken to unknown wallet.
Capex is crowding out rate-cut oxygen while an AI-assisted Zcash Orchard flaw shows the next crypto security crisis may live in the base layer.
1.9K $BTC (≈113.8M) moved from unknown wallet to unknown new wallet.
Michael Saylor, executive chairman of Strategy and one of Bitcoin's most prominent institutional advocates, pushed back…
A 172K print trounced the 130K consensus, taking Fed cut expectations off the table for now and dragging Bitcoin into a fresh leg lower.
The investor who turned a $20M family stake into a $1B crypto fund calls bitcoin the only asset with true institutional consensus — and maps out a $60K floor, $125K peak in 2027 or 2028.
A widely-watched chartist reads the bear case to a head-and-shoulders breakdown, but anchors his actual trade at the 200-week moving average near $61K, where prior-cycle bottoms formed.
The 1LwWt wallet moved 15 of its 35.55 BTC seven months after its OP_RETURN response window expired, undercutting the abandoned-property theory that underpins the 3.8M BTC claim.
The framework lands after BTC’s worst week in two years and reframes internal tension as complementary — but concedes any of the four forces could pull the protocol off course.
Michael Saylor, executive chairman of Strategy and one of Bitcoin's most prominent institutional advocates, made a…
Stablecoin minting stayed inside its normal band and exchange withdrawals looked like dip-buying, not a stampede for shares — the only place money clearly drained from crypto last week was the spot…
Bitcoin's rejection at the 200-day moving average put a new low under February, and the realized price near $53-54K is the next historical magnet — the floor still looks like Q4, not June.
A $326M one-day Bitcoin ETF outflow puts a dent in the late-spring inflow streak, while the much smaller Ethereum ETF figure suggests the rotation is concentrated in $BTC, not the sector at large.
990 $BTC (≈60.3M) moved from unknown wallet to #Kraken.
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
Most recent Bitcoin coverage: "BTC bottom zone set at $46K–$54K, says Glassnode co-founder" — read at /en-US/a/glassnode-co-founder-pins-btc-bottom-zone-at-46k54k.