Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

Bitcoin Completes Five Wave Decline, Tests $74,250 Resistance

Bitcoin completed a five wave decline on the four hour chart and is testing resistance at $74,250, according to technical analysis shared by Man of Bitcoin and ChiefraT on X. The five wave pattern signals a possible short term trend shift after BTC dropped from a recent high near $82,750. Man of Bit
BTC1.27%
DanielCarter·05-30 10:32
Bitcoin Completes Five Wave Decline, Tests $74,250 Resistance

Bitdeer Sells 206+ Bitcoin Mined in One Week for Operational Cash

Bitdeer mined over 206 Bitcoin and sold the entire amount within one week, according to data shared by Cointelegraph on May 30. The Bitcoin mining company converted its mined assets into cash immediately rather than holding the cryptocurrency on its balance sheet. The sales approach prioritizes
BTC1.27%
CryptoFrontier·05-30 09:53
Bitdeer Sells 206+ Bitcoin Mined in One Week for Operational Cash