Bitcoin whale worth $11 billion bets on a correction of BTC and ETH with short positions of $900 million In one of its first moves in two months, the Bitcoin whale returned to open short positions in Bitcoin and Ether worth hundreds of millions of dollars, betting on their short-term price drop.
A large cryptocurrency investor who appeared two months ago with Bitcoin worth about $11 billion has opened short positions of nearly $900 million against Bitcoin and Ether, signaling expectations of a market correction despite widespread optimism for October.
The whale returned to trade on Thursday with a Bitcoin transfer
Estimating Bitcoin's Support Levels for the Next Cycle Bottom
Using Monte Carlo simulations and the 200-week moving average, Diaman Partners estimates that the next Bitcoin cycle bottom could range between $60,000 and $80,000 by 2026.
It is now clear to most investors, especially those who have survived one or more crypto winters, that Bitcoin moves in cycles of approximately four years. Many argued until 2022 that Bitcoin would always remain above its previous highs.
This happened in 2011, in 2014, and in 2018. In 2022, however, the price of Bitcoin fell, due to the FTX collapse, to $15,000, below the fateful threshold of $20,000, which was briefly reached, albeit only for a few days in December 2017.
While everyone is trying to predict what the maximum value of Bitcoin will be in this cycle, which will likely end in late October 2025, the research department at Diaman Partners has attempted to understand how to estimate what the minimum value of Bitcoin will be in 2026, in case the crypto winter materializes in the coming months. Many experts speculate that the cyclical phase of Bitcoin has ended and that we are now entering a new, more "mature" phase of more consistent growth.
There are many reasons to support this thesis. ETFs in America are raising a lot of money, institutional demand, the rise of treasury companies, and pension funds that can now buy Bitcoin (at least in the United States).
Cryptocurrencies can rise up to 1,000% with 60% of Bitcoin, but the bubble burst is near: "everything is going to collapse" Henrik Zeberg suggests that Bitcoin's dominance is close to collapsing to promote an explosion in a new altseason, before the imminent "bubble burst". Moving to $120,000 (+1.5%) early this Monday afternoon (11), Bitcoin BTC €103,863 can still witness a surge of up to 60%. This is one of the short-term projections by Henrik Zeberg, who pointed out a capital explosion for the tokens, whose increases can reach 1,000%, before a drop.
The party, however, must end in a hangover and bloodbath, as the economist is alert to the burst of the "largest financial bubble of all time". It is estimated that this will happen in 10 weeks, according to posts made at the end of last week on X by the specialist. #Write2Earn #bitcoin #squarecreator #noticiaacripto #NEW $BTC
The "energy value" metric of Bitcoin indicates that the "fair" price of BTC is up to $167,000 Bitcoin is greatly undervalued compared to its "fair" price based on miner production The energy value metric calculates that BTC should be trading at almost $170,000.
Bitcoin is further from its energy value now than when it last surpassed $10,000 in September 2020.
Bitcoin
BTC
€100,294
should be trading at $167,800 per coin if the price were adjusted to its "energy value," according to the founder of the crypto asset management firm Capriole Investments.
In a post on X on Thursday, Charles Edwards calculated that the real value of Bitcoin is approximately 45% higher than its current price of $116,000.
The "fair value" of Bitcoin demands a price increase of 45%
Today I want to share a key reflection on the power of patience in the world of trading and crypto investment. 💡
While many focus on quick gains, the true winners understand that time in the market beats timing the market. 🔒 HODL is not just a meme. It is a strategy. The true crypto mindset is not just about winning... It's about learning, adapting, and enduring.
🔍 Tip: Study, stay informed, manage your risk, and never invest more than you are willing to lose.
💬 What has been your greatest lesson in this market? I look forward to reading your comments! 👇
Binance is working with the Spanish bank BBVA to allow customers to keep their assets outside the cryptocurrency exchange platform, while trying to reassure investors after a record fine from U.S. authorities nearly two years ago.
The third largest bank in Spain recently began working as one of the few independent custodians for the world's largest cryptocurrency exchange.