Search results for MN Trading Capital
Crypto
Will bitcoin return to $100,000? Price rebound comes before new catalysts
An analysis said bitcoin does not necessarily need a new narrative to break back above the psychological resistance level of $100,000. MN Trading Capital founder Michaël van de Poppe said narratives tend to form after prices rise, rather than driving the move. He noted that tech-sector attention has shifted toward artificial intelligence. Some in the market still see the need for clear catalysts such as Fed rate decisions, U.S. regulation and spot bitcoin ETF inflows.
Crypto
Bitcoin stuck below $70,000 as range trading drags on; breakout vs deeper weakness
Bitcoin has traded sideways below $70,000 for an extended period, and analysts warned the move could set up a sharp swing. Michael van de Poppe said a longer consolidation makes a breakout harder and added he expects a push above $71,000. CoinMarketCap put bitcoin at $66,890 at publication, down 8.25 percent over 30 days. The crypto fear and greed index stood at 11, in the “extreme fear” zone.
Crypto
Altcoin interest hits lowest since 2023, seen as rally signal
Interest in altcoins in the cryptocurrency market has dropped to its lowest level in 2 years, Cointelegraph reported. Santiment said social-media mentions of altcoins have plunged as investors increasingly focus on bitcoin, but argued the extreme decline in attention could be a signal of an altcoin rally. CoinMarketCap’s altcoin season index stood at 34 out of 100. Total crypto market value has fallen 43 percent since October.