Crypto: Hodlers Have ‘given Up’ At $65k: Five Things To Know In Bitcoin...

Crypto: Hodlers Have ‘given Up’ At $65k: Five Things To Know In Bitcoin...

Bitcoin price weakness to start the week compounds expectations of new BTC macro lows as sentiment matches its most bearish levels ever.

Bitcoin (BTC) heads into the end of February on new local lows as $50,000 BTC price targets stay in place.

Bitcoin sellers pile in at the weekly close, with consensus seeing rebounds ultimately failing.

Geopolitics and inflation woes pile up for global assets, with tariffs spoiling the mood.

Bitcoin whales dominate exchange inflows, leading to expectations of a $60,000 rematch.

BTC price behavior continues to copy the 2022 bear market, as viewed through onchain data.

Crypto market sentiment matches historic lows as the Crypto Fear & Greed Index hits just 5/100.

Bitcoin saw instant sell-side pressure at Sunday’s weekly close, driving price below $65,000 before a modest recovery.

Data from TradingView puts the latest local low at $64,258 on Bitstamp, with BTC/USD still down nearly 3% at the time of writing.

X trading account Castillo Trading was hopeful that those lows would form a suitable long entry. Bitcoin, it noted in a post on Monday, had revisited its naked point-of-control (nPOC) price — a recent high-volume area that had not previously been retested.

Source: CoinTelegraph