Skip to main content

Bitcoin’s Four-Week Winning Streak Braces for a Darkening Test as Demand Cools 🖤🌑

Bitcoin extended its positive run last week with a minor 1% weekly gain marking its fourth straight weekly advance for the first time since April. Even so the rally showed signs of losing momentum after a sharp midweek reversal weakened buying pressure.
The cryptocurrency climbed to a weekly high of $67,000 on Tuesday before dropping 5% as short-term holders sold near their breakeven level. The decline reinforced resistance overhead and showed that buyers are still struggling to push Bitcoin beyond its recent trading range.

Institutions Are Slipping Away Darkly 🖤

According to the latest Bitfinex Alpha report the short-term holder cost basis has stabilized near $68,500. The metric had gradually moved closer to spot prices over the past month. Analysts said this level has become a key resistance area that will likely require stronger demand for Bitcoin to break above it.
So far that demand has remained limited despite recent ETF inflows. The report said institutional participation continues to weaken. Specifically CME Bitcoin futures fell below $6 billion while options reached a September 2023 low.
ETF flows also reflected that softer demand beneath the surface. Despite this US spot Bitcoin ETFs recorded a third straight week of net inflows totaling $33.9 million. However they also saw $465.2 million in outflows on Thursday and Friday while BlackRock’s IBIT turned net negative.

Macro Shadows Creep In On Bitcoin 🌙

Another sign of softer institutional participation is the Coinbase Premium Index which has remained below zero for more than 60 consecutive trading days. Bitfinex described current market conditions as a typical summer slowdown with 30-day spot trading volumes at just 62.4% of their yearly average 👀.
Beyond weaker market activity broader economic conditions are adding uncertainty to Bitcoin’s outlook. Rising US diesel prices continue to pressure transport and production costs raising the risk that inflation could remain elevated 🔥.
Meanwhile higher inflation could complicate the Federal Reserve’s policy path while futures markets assign about a one-in-three chance of a rate hike at this week’s FOMC meeting 💸.
The report also noted that the US 10-year real yield has climbed to 2.43% approaching a level that could pressure risk assets. As a result Bitcoin remains range-bound between $63,000 and $68,500 awaiting stronger demand or fresh catalysts 🌑.


Just another echo from the void by iconofsin.eth 💖


Maybe you like what i'm doing here and wanna support me via the ethereum blockchain: iconofsin.eth 💖

Bitcoin’s Wild Swings Ignite Again as the Fed Keeps Rates Locked 🕸️🦇

The Federal Reserve cast their 9-3 vote to hold interest rates steady at 3.50% to 3.75% amid whispers of monetary shifts ahead 🖤
All attention now shifts toward the upcoming press conference with new Fed Chair Kevin Warsh as markets watch for his leanings 🌙
“The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, in support of the Federal Reserve’s dual mandate. The Committee is continuing its policy of maintaining ample reserves in the banking system,” reads the statement.
This gathering stood out as the most unpredictable since the 2020 COVID outbreak because prior sessions carried near total consensus 🕷️
Futures and prediction platforms had priced in just a 30%-38% chance of a hike this time around 🦇
Bitcoin faced some de-risking from volatile spots ahead of the call, sliding 3000 dollars yesterday before climbing back to 64500 today only to dip below 63800 pre-announcement 🎀
Minor swings kicked back in post-decision with a push above 64000 yet the Warsh remarks could stir things further on hints of future hikes or pauses 💀

Fed Pause Sparks Fresh Market Twists 👁️


Just another echo from the void by iconofsin.eth 💖


Maybe you like what i'm doing here and wanna support me via the ethereum blockchain: iconofsin.eth 💖

Circle This Date If You’re Hunting Bitcoin’s Deepest Low 🦇🌙

When will this eerie Bitcoin bear market finally fade away so the crypto realm can glide back into its wicked uptrend? The answer sparks endless chatter among the shadows of the space.

While traders yearn for bullish energy some voices hint at extra downside ripples through the summer before brighter times settle by year end.

Pinpointing the Crypto Floor 🕸️

Last October BTC surged to a fresh peak above 126000. Ever since the market slipped into this bearish spell that tugged the asset under 60K and now hovers near 64000.

Dread lingers heavy investor spirits feel crushed and excitement has dipped low. Still this marks just another cycle twist and many expect the true low around late 2026.

Ali Martinez claimed that the 4 year cycle could pin BTCs final floor between October 6 and October 16 if patterns hold. This rhythm ties to Bitcoin halving every 210000 blocks roughly 4 years apart. The peak usually hits 12 to 18 months later before momentum fades into selling waves.

The sell off then eases into quiet accumulation ahead of the next halving set for spring 2028. Recent signals point to a bottom between October 4 and October 17 aligning neatly with that call.

Bracing for the Deepest Dip 🦇

Before the cycle settles holders could face one last harsh slide south. X user Pepesso thinks BTC may dip to 49000 ahead of accumulation.

Crypto Lens issued a gloomier view predicting an inevitable final capitulation to 39000 by October yet expects a rocket to 150K by February next year.

BATMAN spotted a striking mirror between current BTC structure and autumn 2022 that led to a crash near 16000. That prior plunge stemmed largely from the FTX fallout. Recent shutdown news from platforms like BitMEX and BitMart stirred little price reaction on the leading coin.

🖤 🌙 💀 🪦 🌹 🕷️ 🦇


Just another echo from the void by iconofsin.eth 💖


Maybe you like what i'm doing here and wanna support me via the ethereum blockchain: iconofsin.eth 💖

Pi Network Breaks Down Its Launchpad Model After The Token Flood 🦇🌙

The core team just spilled some wickedly adorable secrets on fueling the next wave of tokens in this space 🖤.

Pi’s Approach To Liquidity 🌙

They explained that unlike typical launches where projects hoard the raised assets this model funnels committed Pi coins straight into a liquidity pool paired with each fresh ecosystem token.
The idea is to kickstart every new coin with active liquidity from day one while anchoring tokens to actual uses like access payments rewards governance and user vibes.
The new update published by the team hours ago comes just days after they confirmed completing the token distribution of the Testnet coin called SLICE.
With its launch they built a pool mixing the newly created coin plus Test-Pi.
Users known as Pioneers can trade via Pi’s decentralized order book or let an automated market maker handle swaps automatically.

This mechanism tweaks the token price based on remaining SLICE and Test-Pi amounts in the pool 💀.
Upon swapping Test-Pi for SLICE the first enters while the second exits.
As SLICE gets rarer relative to Test-Pi its price climbs and reverses when selling back into the pool 🎀.
The system relies on a constant product formula to balance the reserves during swaps 🦇.

More Than 240000 Joined The Test 🔮

Participation ran from June 11 until June 28 which is Pi2Day.
More than 240000 Pioneers committed almost 16 million Test-Pi to grab 10 million SLICE test tokens.
The twist from the first trial is that SLICE now ties to a real third party game called Slice of Pi.
This let the network probe engagement bonuses through an actual app instead of a placeholder 🌑.
The option mirrors the real goal for upcoming tokens by boosting product utility drawing fresh users and sparking activity rather than just grabbing capital.
Users pick how much Test-Pi to commit and the Launchpad sorts the rest by calculating fair access needs plus any bonus rewards.
Participants can check allocations launch prices effective prices and the SLICE liquidity pool now that distribution wrapped.
The team stressed again that SLICE stays Testnet only with zero real value and will never move to Mainnet.


Just another echo from the void by iconofsin.eth 💖


Maybe you like what i'm doing here and wanna support me via the ethereum blockchain: iconofsin.eth 💖