Long-term Bitcoin holders, those who kept their coins for over 155 days, have significantly ramped up selling. Historically, this activity suggests the market may have peaked and could be due for a correction soon, Coinlive reports.
Keith Allen, co-founder of Material Indicators, highlights potential downside targets for Bitcoin if sellers regain market control. He identifies the 21-week moving average as a critical support level around $94,000.
El Salvador's recent purchase of 8 more bitcoins underlines its complex relationship with the International Monetary Fund (IMF), as the country navigates between its financial obligations and growing ambitions in the crypto space.
According to representatives of Trump Media and Technology Group, owned by the family of the US President, the company intends to raise about $2.5 billion to make investments in bitcoin.
Coinotag analysts project that bitcoin will continue to rise, mainly due to a surge in accumulation by large investors. This dynamic indicates a potentially fruitful period for long-term holders of the cryptocurrency.
According to a Bitwise report, the total number of bitcoins owned by publicly traded companies increased from 394,131 to 786,857 between November 15, 2024, and May 15, 2025. This represents a rise of 392,726 coins.
Dogecoin co-founder Billy Marcus has reacted skeptically to a wave of bold bitcoin predictions, circulating online. He considered the boldest of them a clear exaggeration and speculation of a “random guy no one has heard of”.
After a volatile weekend, bitcoin and other cryptocurrencies jumped back up again. According to CoinDesk, these fluctuations were driven by Trump's Friday statements on the introduction of 50% tariffs for EU imports from June 1 and the subsequent pause in these measures until July 9.
According to a report from CoinMarketCap, Pakistan plans to allocate 2,000 megawatts of electricity to new data centers for artificial intelligence and Bitcoin mining. The initiative is designed to address Pakistan's challenges with surplus energy and high electricity tariffs.
CoinMarketCap has observed increased inflows into bitcoin spot ETFs. Since their launch in the United States in January 2024, they have attracted a record $35–36 billion. This result is hardly comparable to the performance of similar gold-based funds, according to the website.
According to U.Today, on Wednesday, May 21, there was an abnormal spike in forced closures of bitcoin short positions, with a ratio of 3,368% against closed buy orders in just one hour.
Bitcoin is the first and most commonly used cryptocurrency in the world. It holds a prominent place in the digital economy and draws the attention of traders and investors. High volatility and a wide range of influencing factors make the forecasting of its price complicated and requiring complex analysis.
Successful bitcoin trading is based on analyzing market trends, fundamentals, and technical factors.
Key elements that determine the value of bitcoin include:
Major investors and funds also have a considerable impact on the movement of bitcoin prices. Their massive purchases or sales can cause sharp fluctuations in the exchange rate. In addition, the general sentiment in the crypto market determines the dynamics of BTC, creating periods of high activity and deep corrections.
Forecasting the price of bitcoin is a complex task, as it is formed under the influence of many factors. Successful trading strategies and investment decisions require a thorough analysis of the macroeconomic situation, politics, and investor sentiment.
