With bitcoin priced at $69,383 at press time, the digital asset carries a 
$1.38 trillion market capitalization, backed by $45.37 billion in 24-hour 
trading volume, while its intraday swing between $67,098 and $70,434 reflects 
a market still regaining its footing after a steep, multi-day pullback. 
Bitcoin Chart Outlook After tumbling more than 30% from the […]

Bitcoin Clings to $69K After Brutal 30% Plunge — Is Another Leg Down Brewing?

Meme coin market capitalization reached $34.5 billion with a 3.5% gain over 24 
hours, according to CoinGecko data. Trading volume hit $2.89 billion as major 
tokens posted modest recoveries, with Pump.fun leading gains at 9.3% and Shiba 
Inu climbing 5.7%…

Meme coin market flashes bottoming signal, per Santiment

The AI industry is following in the footsteps of crypto, putting money behind 
candidates considered capable of advancing its regulatory objectives. While 
industry giants are expected to spend millions before the upcoming midterms, 
not everyone is on the same side. AI Companies Set To Spend Over $145 Million 
To Support Candidates In The Upcoming Elections […]

AI Is Pouring Millions to Support Candidates Before the Midterms, but Not Everyone Shares the Same View

Over the past week, the Bitcoin price kept on putting in consecutive lows, 
with barely any hopes in sight for a bullish reversal. However, on Friday, 
February 13th, the flagship cryptocurrency saw an upward momentum boost, where 
its value subsequently grew by 5.4%. While this may have been good for short- 
term traders (specifically scalpers), a troubling future seems to be lying in 
wait for the premier cryptocurrency. This bearish prognosis is based on a 
recent technical evaluation of the Bitcoin price. SuperTrend Indicator Flashes 
Sell Sign On BTC Monthly Timeframe In a 14 February post on social media 
platform X, influential technical analyst Ali Martinez revealed that the 
Bitcoin market could soon experience a significant macro trend shift. This 
hypothesis is based on the SuperTrend Indicator, which is a technical tool 
that indicates whether an asset (in this case, Bitcoin) is in an uptrend or in 
a downtrend. Related Reading: Solana Reclaims $80 Amid Friday Market Bounce – 
Analysts Set Next Targets This indicator plots a trailing level that acts as 
dynamic support when the price is in an uptrend, or resistance when in a 
downtrend. When the price is above the SuperTrend line, the market is 
considered to be in an uptrend; while when the price is below the line, on the 
other hand, it indicates that the market is in a downtrend. When a candle 
closes decisively beneath the dynamic trend line when previously in an 
uptrend, it indicates that the market has now flipped bearish, and vice versa. 
Interestingly, on the monthly timeframe, the candle now trades beneath the 
SuperTrend line, indicating that the market may be leaning bearish. 
Interestingly, the current setup shares semblance with past cycle transitions. 
From the chart shared by the analyst, it is clear that Bitcoin&#8217;s macro 
structure has gone through a series of expansions and deep retracements. These 
retracements were also properly illustrated on the indicator in their early 
stages. Before the late 2014-2015, the 2018, and the 2022 bear markets, the 
SuperTrend Indicator flashed a sell signal, after which the market entered a 
bearish phase. Considering the sell signal was seen on Bitcoin&#8217;s monthly 
chart, this could be a sign that the retracement here might be long-term, as 
expected in a typical bear market. However, it is worth noting that the 
present market dynamics are very different from previous cycles, as 
institutions are more involved and ETFs have expanded investor horizons. 
Hence, these underlying changes might play a role in the present cycle. If the 
sell signal from the SuperTrend indicator aligns with on-chain activity and 
macro events, and Bitcoin manages to close beneath the SuperTrend line, a bear 
market would likely follow, one where Bitcoin&#8217;s devaluation by at least 60% 
may be seen. On the other hand, if new demand enters the Bitcoin market, and 
the flagship cryptocurrency demonstrates resilience, the current signal could 
become a short-term warning, rather than a bear-market signal. Bitcoin Price 
At A Glance As of this writing, Bitcoin holds a valuation of about $68,984, 
reflecting a 4.5% price jump in the past 24 hours. According to CoinGecko 
data, the world&#8217;s largest cryptocurrency has shrunk in value by approximately 
29% on the monthly timeframe. Related Reading: JPMorgan Keeps Bitcoin Bull 
Case: $266,000 Remains The Target Featured image from iStock, chart from 
TradingView

Bitcoin SuperTrend Signal That Preceded Last 60% Correction Resurfaces

ShinyHunters hackers leaked user data after a social-engineering attack on a 
Figure employee and the company reportedly refused to pay a ransom.

Cryptocurrency price in CLP