Bitcoin2026-10-01 15:55:19Bitcoin holds a local higher-low structure as US Treasury yields pull back from 24-year highsBitcoin traded back above $84,000 around Thursday’s Wall Street open as US Treasury yields retreated after hitting fresh multidecade highs. TradingView data cited by Cointelegraph showed BTC/USD preserving a pattern of higher lows on the hourly chart, with the pair up 0.6% on the day and $84,000 staying in focus during the first US trading session of October. In rates markets, both the US 30-year and 10-year Treasury yields set new macro highs. The 10-year yield reached 5.342%, a level last seen in April 2002, before easing to 5.251% at the time of writing. Mahmood Pradhan, former deputy director of the European department at the International Monetary Fund, told The New York Times that global markets were "very nervous" about rising public debt, while higher yields were also raising governments’ interest costs. He added that the war in the Middle East had changed the backdrop, with higher oil prices already showing up in inflation data. Cointelegraph also pointed to the August US Personal Consumption Expenditures index, which came in at 3.4% year over year, below expectations. Market reaction was muted. Benjamin Cowen said on X that yields had risen quickly once the market began worrying that the Federal Reserve was no longer taking inflation seriously. On market structure, CoinGlass data showed $84,500 and $82,900 as nearby liquidity zones, while Rekt Capital said Bitcoin may still need a "messy" retest of support near $82,500.120
Bitcoin2026-09-18 15:35:59Bitcoin tops $81,000 as oil-supply fears lift long-dated US yieldsBitcoin climbed sharply at the start of Friday’s Wall Street session, pushing above $80,000 and reaching a local high of $81,034 on Bitstamp, as rising concern over global oil supply fed back into broader macro markets. The move left short sellers exposed: CoinGlass data showed nearly $250 million in cumulative crypto short liquidations over four hours. The backdrop was a renewed swing in energy markets. US WTI crude fell to $94.8 per barrel before rebounding during Asian trading and was hovering near $98 at the time of writing. In a Friday report, the International Energy Agency said countries may have little choice but to cut usage if Gulf supply constraints persist. The agency said oil flows through the Strait of Hormuz were 7.6 million barrels per day in August, down 13.1 million barrels per day from levels seen before the US-Iran war. At the same time, the US 30-year Treasury yield rose to 5.34%, up 90 basis points on the day. Market watchers are now focused on whether BTC can clear $82,000, a level trader Rekt Capital described as the next major breakout test. Glassnode added that Bitcoin has reclaimed its True Market Mean at $76,660, while the cost basis for corporate treasuries sits at $80,500.520
Bitcoin2026-09-11 10:53:55Muted buying below $58K leaves Bitcoin’s July floor in doubt, onchain data suggestsBitcoin’s brief drop below $58,000 in early July did not trigger the kind of aggressive dip-buying often seen around major lows, according to Cointelegraph’s review of HODL Waves data. The onchain metric, which tracks BTC supply by the length of time coins remain dormant, showed only a small increase in newly moved coins after BTC/USD fell to $57,800 on July 1, its lowest level since September 2024. Data from Look Into Bitcoin put the 1-day-to-7-day dormant supply bucket at 1.97% on July 1 and just 2.35% by July 5. Onchain analyst Willy Woo said the pattern stood out from prior long-term lows, where buyers typically rushed in as price made fresh lows. In a post on X, he said the bottom may have been bought slowly, possibly even by a single whale, while also noting that institutional investment vehicles could be affecting how HODL Waves should be read. The debate over whether July marked a bear-market bottom remains unresolved. Cointelegraph said views have diverged after BTC rebounded above $80,000, while analyst Rekt Capital argued the broader bearish structure still looks intact unless Bitcoin avoids a weak weekly close below roughly $78,300. August, meanwhile, brought stronger demand, with US spot Bitcoin ETFs posting $3.8 billion in net inflows over three weeks.830
Bitcoin2026-09-04 15:21:57Analyst: Bitcoin Successfully Retests Long-Term Trendline, Monthly Close Must Stay Above $76KCrypto analyst Rekt Capital says Bitcoin has successfully retested a macro downtrend line as support, aligning with highs from April-May 2026. A monthly close below ~$76,187 could weaken breakout potential and flip the trend bearish.780
Bitcoin2026-08-21 13:17:47Analyst says Bitcoin must clear trendline resistance and reclaim key EMAs to confirm a bull marketCrypto analyst Rekt Capital said Bitcoin is testing a major macro resistance area where a long-term descending trendline aligns with the 21-month exponential moving average, according to a chart analysis published on Aug. 21. He said that if Bitcoin is rejected at this confluence zone, the 50-month EMA, marked in purple on the chart, could act as support. In his view, Bitcoin still needs to turn both macro EMAs back into support and break above the broader downtrend line before a new bull market can be confirmed. The call focuses on long-term technical structure rather than a short-term price move. BlockBeats identified Rekt Capital as a veteran crypto technical analyst. The analyst has 560,000 followers on X, the report said.1150
Bitcoin2026-08-21 13:18:00Rekt Capital says Bitcoin is running into macro trendline resistance near the 21-month EMACrypto analyst Rekt Capital said Bitcoin is facing resistance at a macro downtrend line that aligns with the 21-month exponential moving average, according to a ChainCatcher report. In his chart-based view, if Bitcoin fails to break through that confluence area, it may find support at the 50-month EMA, which was marked in purple on the chart. Rekt Capital added that Bitcoin needs to reclaim both of those macro EMAs as support and break above the broader downtrend line before a new bull market can be confirmed. The report also noted that Rekt Capital is a veteran crypto technical analyst with 560,000 followers on X.1180
Bitcoin2026-08-20 15:40:54Bitcoin tops $72,500 as Trump’s Iran threat rattles stocks, oil and Treasury yieldsBitcoin climbed to an 11-week high above $72,500 on Thursday even as US equities opened lower and Treasury yields rebounded, with markets reacting to fresh geopolitical tension involving Iran. On Bitstamp, BTC reached $72,505 after briefly retesting $71,000, leaving it up more than 4% on the day and nearly $10,000 over the past four days. The move came after US President Donald Trump threatened what he called the “most crushing economic operation ever taken against any country,” describing it on Truth Social as “Economic D-Day” and saying Iran would face “economic warfare and isolation on an unprecedented scale” over the Strait of Hormuz oil route. The wider market response was mixed. WTI crude rose to $87.69 a barrel, its highest since July 24. US government bond yields, which had dropped sharply a day earlier after the Treasury said it would at least double the size of its bond-market liquidity interventions starting in September, reversed higher. The 30-year yield rebounded from 5.179% to 5.266%, while the 10-year yield also reversed its previous decline. Analysts remain split on what Bitcoin’s rally means: Rekt Capital said the price still needs much stronger follow-through to challenge a weakening-support bear-market structure, while CryptoQuant CEO Ki Young Ju said positive demand has returned across both spot and derivatives markets, though at a modest scale for now.1110
Bitcoin2026-07-13 12:17:16Analysts say Bitcoin’s nearly 10% July gain may not rule out an August pullbackBitcoin has risen nearly 10% so far in July, marking its strongest performance for the month in almost four years, but several market analysts say the move may resemble patterns seen during the 2022 bear market. According to the report, BTC rallied nearly 17% in July 2022 before falling about 14% in August and 3% in September. Trader Daan Crypto Trades said Bitcoin is broadly tracking its historical average for July, while noting that the third quarter has traditionally been one of the asset’s weakest periods, with an average gain of only about 6%. He pointed to declining market liquidity and trading volume as possible reasons for weaker Q3 performance. Rekt Capital also said Bitcoin’s 2026 price action shows a high degree of similarity to prior bear market cycles. If that historical pattern repeats, BTC could keep its summer rebound going through the second half of July before facing another round of correction, according to the report, which cited Cointelegraph.1860
