HowTheSteelWasTempered

$BTC Bitcoin miners are selling Bitcoin at a record pace, with hashprice dropping to post-halving lows and many older mining rigs shutting down. This phenomenon is a classic sign of capitulation. Public miners sold over 32,000 Bitcoin in the first quarter of 2026, setting a single-quarter record and surpassing the total for all four quarters of 2025. Miner sell-offs typically indicate problems with production economics, drawing significant market attention. As hashprice continues to decline, many miners face profitability pressures, with some even treating Bitcoin as a secondary business and p

$BTC Investor Bill Miller says Bitcoin's long-term investment value is stronger than ever. Although Bitcoin is still about 50% below its all-time high, Miller believes its fundamentals remain solid. With the Congressional Budget Office (CBO) projecting a $1.9 trillion deficit, Miller points out that Bitcoin remains a long-term hedge against currency debasement, inflation, and the growing debt spiral.

$BTC The prediction market shows that the current price predictions for Bitcoin in July are: a 75.5% probability of rising to $62,500, a 71.0% probability of falling to $57,500, and a 46.5% probability of rising to $65,000. Data as of July 1, 2026, 17:56 UTC, with a 24-hour trading volume of approximately $170k, a liquidity pool of $331k, and the event ending on August 1, 2026.

$BTC Data shows that Bitcoin is approaching three consecutive quarters of price declines. In the first quarter, Bitcoin fell by 22.2%; in the second quarter, it fell by 11.91%; and in the third quarter, the price underwent further correction. Historically, this pattern has occurred in 2014, 2019, and 2022. Analysts believe that whenever Bitcoin experiences three consecutive months of decline, it typically bottoms out within the next one to two quarters and enters a new bull market phase. According to the four-year cycle theory, if this pattern holds again, Bitcoin could begin to rise in early

$BTC Chinese Bitcoin miner Jiang Zhuoer predicts that Bitcoin's price could fall to between $42,000 and $44,000 by the end of 2026. He pointed out that the market net asset value (mNAV) has dropped to 0.72, approaching the low of 0.7 seen in 2022. Bitcoin fell to $15,000 in 2022. Jiang stated that the current macroeconomic uncertainty and geopolitical tensions have led to a massive exodus of investors from the market. The Federal Reserve decided to keep interest rates unchanged at its recent meeting and is expected to raise rates twice in the future, which could lead to another adjustment in B

$BTC GreeksLive reported that on June 26, 150,000 BTC options expired, with a put/call ratio of 0.63, a maximum pain point of $70,000, and a notional value of $9 billion. At the same time, 1 million ETH options expired, with a put/call ratio of 0.5, a maximum pain point of $2,000, and a notional value of $1.57 billion. Bitcoin tested the psychological level of $60,000 twice this month. Although it briefly rebounded to $67,000 in the middle of the month, it remains in a downward trend. This month, selling pressure from MicroStrategy and ETFs changed market sentiment, with the largest buyers tur

$BTC BTC short position concentration has fallen back to the level seen during yesterday's sell-off.
Now, short position concentration is rising again, matching the pattern that appeared before yesterday's decline.
Will today's U.S. trading session bring a new round of decline? Worth close attention.

$BTC Two whales coincidentally went long on BTC today, opening a position worth $175 million. Is it because they think BTC is about to rebound?😂

$BTC July is one of the better-performing months for Bitcoin in the year, with an average increase of over 8%. If history repeats itself, Bitcoin should see a rally next month, and the next significant decline is expected to occur in August or September.

$BTC Bitcoin is still above $60k at the moment.
The longer it stays above, the greater the possibility of a rise.
Bitcoin is highly volatile, which means it will eventually go up or down.
If it rises, we might be able to welcome a bull market!

$BTC $13 billion worth of Bitcoin options will expire on June 26, potentially putting downward pressure on Bitcoin's price. Currently, put options dominate the upcoming expiration, with a net advantage between $1 billion and $3.4 billion, putting pressure on the bulls. Although there are strategies to buy Bitcoin again, the heavy weight of bullish options above $72,000 may intensify the bearish function, with Bitcoin's price in June down 14%.

$BTC Bitcoin Ordinals regain attention after micro transactions return to the mainnet. New data shows that smaller transfers now make up the majority of Bitcoin transactions, and network activity is also increasing. At the same time, analysts are discussing market profits and warning that long-term price stagnation could test investor confidence. According to CryptoQuant data, nearly 80% of Bitcoin transactions are now worth less than 0.01 BTC. The rise in micro transactions is related to the resurgence of activity in Runes, Ordinals, and Inscriptions, which are filling blocks again. The incre