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As the crypto market recovers from last week’s correction, Bitcoin (BTC) is attempting to reclaim a crucial price zone. Despite the bounce, some analysts have warned that the bottom may not be in yet, suggesting the flagship crypto could soon retest its recent lows. Related Reading: Ethereum Price Set To Break Out Against Bitcoin, But How High Can It Go? Bitcoin Bottom Below $60,000, Says Analyst On Monday, Bitcoin continued its sideways move, trying to turn a key area into support for the third consecutive day. After hitting a two-year low of $60,000 last week, the flagship crypto has bounced 17.5% to trade between $68,000 and $72,000 over the past few days. Nonetheless, the cryptocurrency has failed to reclaim the upper zone of its short-term price range, raising questions about the direction of BTC’s next move. As the price recovered, Crypto Bullet noted that the BTC printed a “strong weekly close” above the 200-week Exponential Moving Average (EMA), leaving Thursday’s correction as a long wick. The analyst cautioned that these wicks have usually been filled the following week, pointing to the late February 2025 and early October 2025 corrections and the subsequent performance. Based on this, he suggested that Bitcoin could retest the $60,000 area again, where the 200-week Moving Average (MA) is also located. Similarly, Ted Pillows highlighted BTC’s Monday bounce above $70,000, asserting that the key level to defend is the $68,000 support, where the EMA200 sits. If the price fails to hold this level, the market observer suggested a deeper correction could be expected, with Bitcoin risking a drop below the recent lows if that level also fails to hold. Meanwhile, Ali Martinez hinted that BTC’s bottom might not be in, as “Bitcoin has historically bottomed around the −1.0 MVRV Pricing Band.” According to the chart shared on X, that level currently sits at $52,040. BTC To See Leeser Relief Rally? Another market watcher highlighted BTC’s macro descending triangle pattern, which it has been forming in the monthly timeframe since mid-2024, suggesting that its potential bounce could be a “lesser relief rally compared to the 2024-2025 advance to the upside.” Rekt Capital noted that upon breakdown from its macro triangles, Bitcoin tends to react from the 50-Month EMA. However, it has historically been followed by a downside deviation below this level. “When viewed through the lens of the Macro Descending Triangle, history shows that Bitcoin has consistently failed to revisit the base of the Macro Triangle following breakdowns, which means BTC may fall short of $82.5k on any upcoming relief rally.” To the analyst, if BTC can build support above the $71,000 area, where the post-halving accumulation breakout occurred, the price could attempt a move into the mid-$70,000. Related Reading: XRP Ledger Clears The Threshold For Institutional Settlement – Here’s How However, the flagship crypto “is still negotiating whether it will locate itself within the Post-Halving Range,” and has not decisively reclaimed the upper zone of its current range as support, “is instead showing early signs of flipping into resistance on the Weekly timeframe.” As a result, Bitcoin could consolidate around its post-halving range again if the $70,000 mark confirms as resistance. “At roughly 30% of the way through this part of the market cycle, there remains ample time for further structural movement to unfold but history suggests whatever clustering develops will likely be distributive before continuing additional Bearish Acceleration,” Rekt Capital concluded. Featured Image from Unsplash.com, Chart from TradingView.com
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(MENAFN - IANS) Aizawl, Feb 10 (IANS) Mizoram Governor General (Dr) Vijay Kumar Singh (Retd) on Tuesday said that the state possesses a rich cultural heritage, exceptional craftsmanship, strong ...
Wealthfront Advisers LLC lifted its position in Wells Fargo & Company (NYSE:WFC – Free Report) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 429,018 shares of the financial services provider’s stock after purchasing an additional 13,515 shares during the quarter. Wealthfront Advisers [...]
Davis Rea LTD. decreased its position in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 64.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,774 shares of the iPhone maker’s stock after selling 40,173 shares during the quarter. Apple accounts [...]
Presper Financial Architects LLC lowered its stake in Apple Inc. (NASDAQ:AAPL – Free Report) by 14.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,714 shares of the iPhone maker’s stock after selling 1,831 shares during the quarter. Apple makes up approximately [...]
SVB Wealth LLC cut its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 7.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,021 shares of the railroad operator’s stock after selling 2,975 shares during the period. SVB [...]
Edgemoor Investment Advisors Inc. bought a new stake in shares of Copart, Inc. (NASDAQ:CPRT – Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 37,171 shares of the business services provider’s stock, valued at approximately $1,672,000. Other institutional investors and hedge funds [...]
Mutual Advisors LLC lifted its position in JPMorgan Chase & Co. (NYSE:JPM) by 4.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,334 shares of the financial services provider’s stock after purchasing an additional 4,244 shares during the quarter. JPMorgan Chase [...]
VR headsets are impressive gadgets on their own, but the right accessories can significantly improve comfort, usability and immersion. From controller grips that offer better handling to upgraded head straps that balance weight and extend battery life, these add-ons can make long sessions more enjoyable and less fatiguing. Some accessories focus on convenience, like charging docks and storage stands, while others enhance how virtual experiences feel through haptic feedback or more secure fits.As VR continues to expand beyond gaming into fitness, productivity and mixed reality experiences, accessories are starting to serve a wider range of functions. Whether you’re looking to fine-tune comfort, improve tracking or add realism to your virtual world, these are the VR accessories worth considering in 2026. Best VR accessories: Controllers Best VR accessories: Headsets Best VR accessories: Fitness Best VR accessories: Cables, chargers and batteries VR accessories FAQs What equipment do you need for VR? What you need depends on the VR headset you buy. Some devices, like the Meta Quest 3, are entirely standalone, which means you don't need anything but the headset itself to use it. Other VR headsets need to be connected to a system from which it can draw power and run software. Some systems, like the HP Reverb G2, must connect to a PC, while others like the PS VR2 can connect to gaming consoles like the PS5. Most VR headsets come with the basic controllers you'll need to control actions and movement in virtual worlds. What's the difference between PC VR, Smartphone VR and Gaming Console VR? The main difference between those three VR systems is the main machine that allows the VR headset to run. PC VR headsets require a PC, like a gaming laptop or desktop, to run, while smartphone and gaming console VR systems require smartphones and gaming consoles, respectively, to work. Do all VR headsets need a phone? No, not all VR headsets need a phone to work. Many VR headsets have build in displays that sit in front of your eyes and basically act as your window into the virtual world.This article originally appeared on Engadget at https://www.engadget.com/ar-vr/best-vr-accessories-150021126.html?src=rss