Search results for VWAP
Crypto
Bitcoin could drop below $24,000 in 2026; a sharp U.S. stock selloff is the variable
Bitcoin could fall below $24,000 in 2026 if a macro shock sends U.S. stocks down more than 50 percent, a forecast said. Technical analyst Jesse Olson told Cointelegraph bitcoin could slip to $23,980, citing a long-term support line based on his Market Sniper Pro VWAP indicator. Some market figures warned of a potential equity correction. Coinbase premium readings and U.S.-listed spot bitcoin ETF flows have stayed weak, with $4.68 billion of net outflows since May.
Crypto
South Korea bitcoin demand jumps; realised profits largest in five months
Bitcoin demand on South Korean exchanges has strengthened again, pushing the so-called kimchi premium close to 2 percent, according to figures cited in the report. CryptoQuant’s Korea Premium Index rose to 1.98 percent on May 7, its highest since late February. On-chain data also showed a pickup in profit-taking, including 14,600 BTC sold at a realised profit on May 4, the largest daily figure since Dec. 10, 2025.
Crypto
Bitcoin $40,000 drop? On-chain analyst says it is statistically almost unprecedented
On-chain analyst James Check pushed back against market forecasts that bitcoin could fall to $40,000, calling the scenario statistically almost unprecedented. He said such a level would sit at the 0.4th percentile of the historical distribution for daily closes when measured with a mean reversion index that combines key on-chain indicators. Check compared $40,000 under current conditions to bitcoin trading below $2 in 2011, while noting probabilities are never zero.
