News
29 Mar 2026, 18:05
Bitcoin user base compared to Facebook’s growth phase after ETF surge

Industry observers compare Bitcoin’s current phase to Facebook’s user growth after broad adoption. Spot ETFs like BlackRock’s IBIT have accelerated Bitcoin ownership, expanding the global holder base significantly. Continue Reading: Bitcoin user base compared to Facebook’s growth phase after ETF surge The post Bitcoin user base compared to Facebook’s growth phase after ETF surge appeared first on COINTURK NEWS .
29 Mar 2026, 18:01
Bitcoin Price Prediction: Whales Long, Shorts at Risk

Bitcoin is sending mixed short term signals , with whale positioning still leaning bullish while a growing cluster of late short sellers raises the risk of a squeeze higher. Together, the two charts show a market caught between near term downside pressure and a possible rebound if key support keeps holding. Bitcoin Whales Add Longs While Rising Shorts Point to Near Term Pullback A TradingView chart shared by X user CW8900 showed Bitfinex whales increasing Bitcoin long positions over the broader trend, even as short positions also rose in the near term. The setup suggested that large traders may still expect higher prices later, but see room for a short term decline before any stronger upside move resumes. BTCUSD Longs, BTCUSD Shorts, and Bitcoin Price 3D Chart: Source: CW8900 on X The chart included three panels. The top left panel showed Bitfinex BTCUSD longs on the three day timeframe climbing steadily after a deep drop in mid 2025, then pushing to fresh highs near 79,266. The top right panel showed BTCUSD shorts also moving higher recently, although that trend looked more volatile and less consistent than the buildup in longs. Together, the two panels pointed to a market where bigger players may be hedging short term downside while still keeping a larger bullish position in place. In the bottom panel, Bitcoin price on the three day chart traded near $66,699 and appeared far below the highs reached earlier in the cycle. The circled areas on the chart linked earlier long buildup phases with price rebounds that followed. Based on that structure, CW8900 argued that whale positioning still leaned bullish over the long run, even though the recent increase in shorts signaled expectations for temporary weakness first. The combined message from the chart was that whale traders may be preparing for two different timeframes at once. In the short term, the rise in shorts suggested caution and the possibility of further downside pressure. Over the longer term, however, the much larger and steadier increase in long positions suggested continued accumulation, which could support a later rally if broader market conditions improve. Bitcoin Holds Above $66,000 as Analyst Warns Trapped Shorts Could Fuel Upside A chart shared by X user Ted Pillows suggested Bitcoin may be setting up for a short squeeze if it continues to hold above the $66,000 level. The one hour Binance Futures BTCUSDT chart showed Bitcoin stabilizing after a sharp drop, while aggregated open interest climbed strongly during the decline, a sign that many traders opened new short positions as price moved lower. BTCUSDT 1H Chart With Aggregated Open Interest: Source: Ted Pillows on X According to the chart, that buildup in open interest happened as Bitcoin fell from above $71,000 to the mid $66,000 range. Ted Pillows said many of those late shorts now appear trapped. In that setup, if Bitcoin stays above the nearby support zone, short sellers could be forced to close their positions, which would add buying pressure and push price higher. The lower panel of the chart highlighted a steep rise in aggregated open interest before it flattened near recent highs. That pattern often suggests crowded positioning. When too many traders lean to one side, even a modest move in the opposite direction can trigger liquidations or forced exits. In this case, the risk would be to bearish traders who entered late after the drop was already underway. The broader takeaway from the chart was that $66,000 has become the immediate level to watch. As long as Bitcoin holds above it, the market may stay vulnerable to a squeeze higher. However, if that support fails, the case for trapped shorts would weaken and recent downside pressure could return.
29 Mar 2026, 17:56
OnePay Adds SUI, POL, ARB: 12+ Token List

Walmart-backed OnePay added 12+ tokens including SUI, POL, ARB. Ron Rojany emphasized standards. SUI $0.85, RSI 36 oversold, strong supports nearby. Crypto integration is expanding with super app v...
29 Mar 2026, 17:32
Bitcoin long positions on Bitfinex climb to highest level since 2023, raising cautionary signals

Bitcoin long positions on Bitfinex reached their highest level since November 2023. History suggests surging longs on Bitfinex often precede price declines for Bitcoin. Continue Reading: Bitcoin long positions on Bitfinex climb to highest level since 2023, raising cautionary signals The post Bitcoin long positions on Bitfinex climb to highest level since 2023, raising cautionary signals appeared first on COINTURK NEWS .
29 Mar 2026, 17:11
Walmart-backed OnePay adds tokens in push to serve ‘new to crypto’ customers

The latest list of tokens available on the WeChat wanna-be includes Polygon, Arbitrum and Solana as the banking app looks to align offerings with customer use.
29 Mar 2026, 17:09
Bitcoin bullish bets hit a 28-month high on Bitfinex, and that's music to bears' ears

Historically, spikes in Bitfinex BTC/USD longs have acted as a contrary indicator.







































