Bitcoin Latest News Today

Bitcoin remains in a fragile technical zone after losing support near $63,800, with Ali Charts pointing to $60,000 as the next major downside target. The analyst said traders should not fear that drop if it helps complete an inverse head-and-shoulders structure. A move back above $66,500 would be the key confirmation level, potentially opening the path toward $74,000.

Strategy’s Series A Preferred Stock (STRC) traded at $88.09 in pre-market, down 0.26%, after closing up 1.65% at $88.32 in the previous session. The stock remains below its $100 target level as the company continues its share buyback strategy.

The Crypto Fear & Greed Index fell to 29, remaining in the Fear zone as investor sentiment weakened amid recent market volatility. The reading suggests traders are becoming more cautious, though fear has historically coincided with periods of market uncertainty.

Crypto analyst Joao Wedson said past Bitcoin cycles show bear market bottoms forming roughly 900 days after each halving. With the current cycle at around day 827, he believes BTC could be approaching a potential cycle bottom within the next two months.

JAN3 CEO Samson Mow denied claims that he had “flipped sides” in the Bitcoin Core debate. He reiterated his opposition to Bitcoin spam and Ordinals, rejected support for BIP-110, and urged the community to avoid division over protocol governance.

Investor Chamath Palihapitiya said Bitcoin bulls face two structural challenges: capital is increasingly flowing into prediction and equity markets, while mining resources may generate higher returns when redirected toward AI infrastructure, reducing crypto’s marginal demand.

Adam Back has spoken out in defense of Satoshi Nakamoto regarding the Bitcoin Improvement Proposal (BIP) 110 controversy. Back stated that Satoshi was not ‘retarded’ for rejecting the proposal. The proposal aimed to increase the block size limit.

BlackRock’s spot Bitcoin ETF IBIT recorded approximately $138.9 million in net inflows, signaling renewed institutional demand after recent outflows. The purchases reflect client allocations through the ETF rather than direct balance-sheet buying by BlackRock.

Bitcoin has rebounded from the lower boundary of its trading channel, with technical analysts watching for a potential move toward the mid-range resistance near $63,080. A breakout above that level could strengthen short-term bullish momentum.

Pi Network’s PI token has experienced another significant price drop. Meanwhile, Bitcoin has rebounded from a low of $62,000. Market volatility continues to impact cryptocurrency prices.