As of Oct. 22, 2024, bitcoin (BTC) is priced at $67,058.95, fluctuating within a 24-hour range of $66,669 to $68,268. With a market cap of $1.32 trillion and a daily trading volume hitting $44.03 billion, the digital currency appears to be in a consolidation phase, according to technical indicators.

Currently, Bitcoin is positioned at a critical juncture. A strong support at $66,000 is important for any upward movement. Recent analysis on Crypto Banter's The Sniper Trading Show explains a crucial support level for Bitcoin. Analysts anticipate the formation of a pin bar candle, suggesting a push toward the $70,000 zone in the coming weeks.

In a recent interview with journalist Madison Reidy, Michael Saylor, CEO of MicroStrategy, stirred a massive controversy within the Bitcoin community with his remarks on custody and regulation.

Bitcoin (BTC) is gaining momentum as it approaches a crucial breakout moment, with market analysts predicting a potential surge toward $72,000. This comes on the back of promising technical indicators flipping bullish, suggesting that Bitcoin is on the verge of entering a new rally phase.

A somewhat mixed picture in crypto trading fits in with the expiry week as it's the last Friday of the month with futures and options expiring.

Crypto analyst CryptoCred presents a detailed trading strategy for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), focusing on key price levels and potential scenarios for the coming week. What Happened: In a recent “Monday Markets” podcast, CryptoCred analyzed Bitcoin's technical outlook after its strong weekly close.

The price of Bitcoin (BTC) faced a minor dip recently as it went below the $68,000 level. However, this has not stopped whales from continuing their buying spree.

Bitcoin price was rejected due to profit-taking and big resistance at $69,000, but breaking it would trigger over $1.6B in short liquidations.

Stacks adds Asymmetric Research as a key security contributor for its Bitcoin Layer 2 network.

The top asset manager, BlackRock, maintains leadership in the crypto ETF ecosystem. Its iShares Bitcoin Trust (IBIT) ETF has continued to enjoy massive inflows, signaling investors' preference.

"Just like Satoshi left a million Bitcoin to the universe, so I'm leaving whatever I've got to the civilization,” the MicroStrategy co-founder said.

BTC's price dip has not deterred institutions, as inflows continue to surge.

Bitcoin (BTC) is feeling the heat today after hitting a wall at the $70,000 mark on Monday. But guess what? Institutional investors are loving the dip! US spot ETFs saw a whopping $297 million in fresh inflows as they swooped in.

With self-custody and third-party custodians becoming hot topics within the crypto community, the founder of timechainindex.com, an X user known as Sani, recently posted an eye-opening image of onchain data. The snapshot revealed that Coinbase currently holds 11.72% of the total 19.77 million bitcoin (BTC) in circulation.

Bhutan, a small Buddhist monarchy in the Indian subcontinent, has made a surprising entry into the world of cryptocurrency, becoming one of the largest Bitcoin-holding countries. According to Arkham Intelligence, Bhutan's government holds approximately $780.49 million in Bitcoin, ranking it fourth globally, just behind the US, China, and the UK.

CNBC's MacKenzie Sigalos reports on the surge in net flows into the ten spot bitcoin ETFs and where the latest crypto PAC money is going with two weeks until the General Election.

All eyes are on Bitcoin this week after a Bernstein analyst said the world's largest cryptocurrency by market cap will surpass the $70,000 in the coming days.

Over the past 24 hours, the Bitcoin price has experienced a 2.05% dip after nearing the $70,000 mark. This decline raises concerns that yesterday's bullish breakout from a seven-month descending channel may have been a false signal.

A dormant Bitcoin wallet from the Satoshi era has awoken after over 13 years of inactivity. The wallet, holding 20 Bitcoin (BTC) since June 2011, has resurfaced, triggering a significant transaction that has captivated the crypto community.

A Bitcoin whale who began mining cryptocurrency just five days after Bitcoin's genesis block in 2009 has sold approximately $9.68 million worth of BTC, with the sale marking one of the most significant movements of early-era Bitcoin in recent months.

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 22, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin's $70K target in focus, but here's why it could remain range-bound this week.

In the times when the Bitcoin price was expected to rise above $70,000 aiming for a new ATH, the bears have intensified their activity. The Bitcoin (BTC) price is just a few dollars above $67,000 and hence is believed to drop back to the range.

One U.S.-based market research firm still has a cautious outlook, maintaining a "neutral" rating on both Bitcoin and Ethereum.

Major investors are piling into BTC. With higher prices feeding positive price action, Bitcoin might be headed even higher.

MicroStrategy's executive chairman, Michael Saylor, claims he intends to return his Bitcoin wealth back “to the civilization” after he dies. In his interview with Madison Reidy on Markets with Madison, Oct.

Bitcoin veteran Tuur Demeester says a new European Central Bank (ECB) paper on BTC is a “declaration of war” on the top crypto asset. In new research, the ECB claims that BTC has strayed away from the original vision of Satoshi Nakamoto, its pseudonymous creator, and now exists to extract value from latecomers and non-holders.

The world's largest asset manager, BlackRock, attracted $329 million in inflows on Oct. 21 for its spot Bitcoin exchange-traded fund (ETF). iShares Bitcoin Trust's large daily inflow took place alongside a tumble in the Bitcoin price following a failed challenge of the $70,000 level.

The renewed participation from retail bitcoin investors points to a decrease in risk aversion.

Approximately 16% ($682 million) of the notional value in bitcoin that is set to expire is currently “in the money.”

Bitcoin's (BTC) path toward $70,000 has seemingly stalled, with analysts identifying conditions the digital asset must meet or risk witnessing dominance by bears.

The ApeChain launch still provides Ape Coin price with tailwinds, but Bitcoin has taken a more prominent role in defining market direction.

A crucial momentum indicator for Bitcoin (BTC) has turned positive, as the premier cryptocurrency attracted more than $2.1 billion in spot exchange-traded fund (ETF) weekly net inflows.

Some argue self-custody, if nothing else, is the core of Bitcoin, the fact that you can trust no one but yourself to hold and safeguard your wealth.

Australia's financial market regulator charged the former CEO of a defunct cryptocurrency exchange for embezzling $1.47 million that a customer had sent to buy Bitcoin (CRYPTO: BTC). What Happened: In a press release shared Tuesday, the Australian Securities and Investments Commission (ASIC) stated that Grant Colthup, the ex-CEO of Mine Digital, allegedly used the funds to pay off the liabilities of the parent company, ACCE Australia Pty Ltd, or buy cryptocurrencies for others, or both.

Michael Saylor, once an advocate for Bitcoin self-custody, has now shifted gears stating that “too big to fail” banks should take up the task of Bitcoin custody.

Bestselling author and popular financial motivator Robert Kiyosaki, known for his book "Rich Dad Poor Dad," made an unexpected statement today which, despite his usual posts, consisted of just three words: "best asset today."

Spot Bitcoin exchange-traded funds (ETFs) attracted significant inflows on Monday, totaling $294.29 million despite a dip in Bitcoin's price.

Samson Mow, CEO at JAN3, has addressed the recent interview of MicroStrategy founder Michael Saylor, in which the latter said he did not believe that BTC can be confiscated by the US government.

Bitcoin's price has yet to reach a new all-time high amid the recent bullish run, as the sellers are defending their last line of resistance.

On-chain data shows a Bitcoin signal that has led to at least a 70% rally the last four times has recently formed for the asset once again. Bitcoin MVRV Momentum Has Seen A Bullish Crossover Recently In a new post on X, analyst Ali Martinez has discussed the recent trend in the Bitcoin Market Value to Realized Value (MVRV) Ratio.

Bitcoin (BTC) and other cryptocurrencies suffered a setback, registering a substantial drop late on October 21 and early on October 22. BTC dropped over 2% over the past 24 hours, while Ethereum (ETH) dropped further and is currently down by 3.54% over the past 24 hours, losing the $2,700 price level.

Bitcoin seems to be at a crossroads. As crypto approaches 70,000 dollars, a speculative frenzy is developing in the shadows.

Bitcoin approaches $70K, aiming higher with strong liquidity and institutional support.

Bitcoin (BTC) may be undergoing a small correctional phase, but its recent breakout of a 7-month bull flag has so far been successful. The $BTC price is holding above the top trendline of the bull flag, and once the current correction is complete a bounce could be forthcoming.

With the bulls showing dominance and the user's sentiments turning greedy, the Bitcoin price is playing bullishly, and the upcoming US election has played a role in that. Now, the US Presidential election are just two weeks away, creating hype around the next president's name and how it will impact the crypto market.

Bitcoin has recently seen an uptick in retail investor activity following months of subdued participation, according to a report by CryptoQuant analyst caueconomy. The analyst highlighted this in a post on the CryptoQuant QuickTake platform, disclosing how this return in retail demand could be one of the signs of a bull market.