Spot buyers are cheering, derivatives traders are high-fiving, but the big whales? They’re eyeing the exit like it’s a fire drill. Momentum’s back, but caution’s still the bouncer at this crypto club. The next few price levels will decide if we’re in for a moon landing or a crash into the nearest asteroid.
The daily chart is like a slightly less grumpy cat-improving, but not yet purring. BTC has clawed its way from the $60K-$62K demand zone, now knocking on the door of the $75K-$80K breakdown region. This yellow zone (yes, we’re color-coding the universe now) was once a cozy support level before the market decided to go full Marvin. Reclaiming it would be like finding your towel after a particularly chaotic day-a sign that buyers are regaining their grip. But let’s not throw a party yet; the macro trend is still as shaky as a three-legged stool, with the 100-day and 200-day moving averages sloping downward like a depressed slide. So, it’s a rebound, but is it a rebound into glory or just a temporary reprieve from the void?
Timmer, ever the optimist, insists that the $60,000 mark remains an impregnable fortress, a beacon of hope in the storm of volatility. “We may well undercut it at some point,” he concedes, “but based on the almighty power law support line and the gold/Bitcoin ratio, I believe this level should act as a floor.”
Oh, and Ripple decided to spice things up with a new GPG key rotation since February 18th. Think of it as a soap opera, but instead of a love triangle, it’s cryptographic signatures. Users who skip trusting this new key will face the horror of failed auto-upgrades. Pro tip: Trust the key, unless you enjoy manually fixing things at 3 AM.
During the London morning, BTC clung to the top of its range like a toddler to a bedtime story, while European traders dipped their toes into the $71K area with the enthusiasm of someone buying a secondhand sofa. Volatility? More like a spa day for this cryptocurrency.
At the time this pamphlet was typed (because nobody really works on a Tuesday afternoon but everything is printed on a Thursday), DOGE was doing the dance of a 5.33% uptick over 24 hours, peaking just shy of the nostalgic sub‑$1 mark at $0.998, and a gloriously merry 7.22% over the week. This festive jig has the crypto market in a conundrum, a state of “cool calm” with a market cap that’s been contested, stubbornly hanging around the $2.45 trillion mark for three consecutive baths.
In news that will surely make your grandmother’s eyes glaze over, crypto exchange Bybit has decided that what the world really needs is another way to spend its imaginary internet money. This time, they’ve graced the nation of Georgia with a payment card, allowing users to finally ditch the hassle of converting their Bitcoin into actual currency before buying a loaf of bread. Progress!
The TRUMP memecoin had just touched the lowest price in its history – down 96% from the $73 peak it hit in January 2025 – when its backers dropped an announcement that sent the price ticking back up.
Blackrock has officially launched its Ethereum Staking ETF, ETHB, marking another step in the institutional expansion of ethereum-based investment products.
In a new market update, Benjamin Cowen tells his 986,000 YouTube subscribers that Bitcoin remains in a bear market and could drop below $60,000 by the end of March based on historical precedence. Because nothing says “confidence” like repeating the same mistakes over and over.
