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Green SM changes its brand from Xanh SM to Green SM. The Green Smart Mobility and Intelligent Transport Joint Stock Company (GSM) announced the brand change from Xanh SM to Green SM. The change aims to unify brand identity across the entire system and marks the company's three-year operation. In…
Crypto analyst Crypflow said Bitcoin’s recent relief rally above $71,000 is weakening and suggested BTC could still fall further. In comments referencing past bear markets, Crypflow noted that relief rallies tend to appear in every downturn, but they have historically lost strength over time.
In an X post, Crypflow said relief rallies are getting weaker and that “every bear market has them.” He pointed to prior cycles, saying that during the 2014 bear market, BTC relief rallies reached up to 100%, while in 2018 they ranged between 50% and 90%. Crypflow added that relief rallies were weaker in 2022, when Bitcoin’s relief rallies were only up to 45%.
Bitcoin recently rallied above $73,000 as U.S.-Iran peace talks took place over the weekend. The price later retraced to around $71,000 after the U.S. and Iran talks broke down. The article also cited that Trump announced the U.S. would impose a blockade in the Strait of Hormuz following the failed peace talks.
Crypto analyst Benjamin Cowen said in an X post that Bitcoin will very likely remain in a bear market despite short-term countertrend rallies. Cowen also said that the hardest part of mid-term periods is not believing in every rally.
Doctor Profit said he expects a large downside move in the coming weeks, adding that it should not take much longer. The analyst also said he expects a large trap for bulls, describing a scenario in which market makers push Bitcoin lower toward the $50,000 range and potentially further afterward.
At the time of writing, Bitcoin was trading at around $71,000, down over the last 24 hours, according to CoinMarketCap. The article also referenced BTC trading at $70,750 on the 1D chart.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
