Analyst Predicts Biggest Bitcoin Bull Trap Of The Cycle, Calls Out 50% Crash To $42,000
AnalysisNewsBTC2026-05-10 00:00
Bitcoin’s price recovery is not a new beginning: it is a familiar ending. That is the warning from a crypto analyst, who is of the notion that the cur...
Bitcoin’s price recovery is not a new beginning: it is a familiar ending. That is the warning from a crypto analyst, who is of the notion that the current Bitcoin price action is playing out a bull trap the market has seen before and that the setup is pointing to a destination that sees the cryptocurrency crashing by almost 50% from current price levels. Related Reading: XRP Flashes Historic Rally Signal, Fueling $12 Price Speculation Bitcoin Mirrors Key Stepping Stones From 2022 Bear Cycle Chiefy’s analysis centers on a structural comparison between Bitcoin’s current price sequence and the step-by-step decline that defined the 2022 bear market. The framework identifies a pattern of bear cycle stepping stones, which is a series of lower highs and lower lows dressed u...
Evernorth Says XRP’s Real Story Is Institutional Plumbing
BitcoinBitcoin.com News2026-05-09 23:40
Evernorth says XRP’s institutional case rests on infrastructure built for regulated capital, not price charts or ETF demand. The firm pointed to XRPL ...
Evernorth says XRP’s institutional case rests on infrastructure built for regulated capital, not price charts or ETF demand. The firm pointed to XRPL upgrades involving compliance controls, restricted environments, escrow tools, and approved trading venues. XRP’s Institutional Case Depends on Infrastructure, Evernorth Says Evernorth, an XRP treasury company building its strategy around long-term participation in […]
US-Iran standoff disrupts Persian Gulf shipping, impacts Asian supply chains
AnalysisCrypto Briefing2026-05-09 23:20
The US-Iran standoff exacerbates global supply chain vulnerabilities, potentially leading to increased costs and market volatility in Asia.
The post U...
The US-Iran standoff exacerbates global supply chain vulnerabilities, potentially leading to increased costs and market volatility in Asia.
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Seven major Bitcoin mining pools join Stratum V2 working group
AnalysisCrypto Briefing2026-05-09 23:20
The adoption of Stratum V2 by major mining pools could enhance Bitcoin's decentralization, security, and miner profitability, reshaping industry dynam...
The adoption of Stratum V2 by major mining pools could enhance Bitcoin's decentralization, security, and miner profitability, reshaping industry dynamics.
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8 Months To Go: Here’s How Bitcoin Could Trend In 2026 – Analyst
AnalysisNewsBTC2026-05-09 23:20
Bitcoin is presently trading above $80,000, as market bulls sustain the rebound from early April. However, the flagship cryptocurrency remains firmly ...
Bitcoin is presently trading above $80,000, as market bulls sustain the rebound from early April. However, the flagship cryptocurrency remains firmly in bear-market territory, down roughly 37.5% from its all-time high. Amid the ongoing rally, crypto analyst Aralez has outlined a potential price trajectory for the remainder of 2026, highlighting the key macroeconomic and market catalysts likely to shape Bitcoin’s next major move. Related Reading: 14,600 Bitcoin Sold in Profit in One Day: Here Is How BTC’s Own Structure Broke It Below $80K Bitcoin To Fall Again, Cycle Bottom Likely In Q3 In an X post on May 8, Aralez shares an interesting Bitcoin price prediction for the last eight months of 2026. While prices have gained by 13% in the last month, the market pundit pr...
Global gold ETFs see $6.6B in April inflows, reversing March outflows
AnalysisCrypto Briefing2026-05-09 23:00
The April inflows into gold ETFs highlight shifting investor sentiment and potential increased reliance on gold amid economic uncertainties.
The post ...
The April inflows into gold ETFs highlight shifting investor sentiment and potential increased reliance on gold amid economic uncertainties.
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