Crypto

Bitcoin stalls at $83,000 sell wall despite tech-led stock rebound

Bitcoin failed to follow the rebound in U.S. and Asian equities and slipped below $82,000 after running into sell orders around $83,000. It rose to $83,062 intraday before falling to as low as $81,678 and showed decoupling from stocks. QCP Capital said further gains need bond-market stability, warning $80,000 support could be threatened if equity deleveraging spreads to crypto.

Crypto

Cardano long downtrend near end, analyst sees $3.25 in 2027

Cardano (ADA) may be entering the final phase of a prolonged downtrend, a forecast said. Blockchain outlet The Crypto Basic reported that crypto analyst MasterAnanda argued ADA could be nearing the end of its bear market and could see a stronger rebound. Citing Coinbase’s ADA/USDT three-day chart, he pointed to a falling-wedge pattern and a rounded bottom. He said ADA could reach $1 within months, $2 in 2027 and potentially $3.25. Recent price moves have been weaker.