Large and smaller holders alike are seizing the chance to stack, figures show, as on-chain data hints that the bottom is in at  $38,000 .   Bitcoin  (BTC) heads into the last week of February lower but shows signs of strength as a key support level holds. After a nervous few days on macro and crypto markets alike, BTC/USD is below  $40,000 , but signs are already there that a comeback could be what starts the week off in the right direction. The situation is far from easy — concerns over inflation, United States monetary policy and geopolitical tensions are all in play, and with them, the potential for stocks to continue suffering. Further cues from the U.S. Federal Reserve will be hot property in the short term, with March expected to be when the first key interest rate hike is announced and delivered. Could it all be a storm in a teacup for  Bitcoin , which, on a technical basis, is stronger than ever? Cointelegraph presents five factors that could influence price action in the co

  BTC price continues to consolidate, a process that gives altcoin traders the opportunity to range trade and secure short-term gains.   Bitcoin (BTC) is attempting to form a higher low as investors take advantage of lower levels to accumulate. Twitter user PlanC recently highlighted that the balance of addresses having at least two significant incoming transactions but no outgoing transactions has soared to a  57-month  high. However, not everyone is bullish on the future prospects of Bitcoin. Popular analyst Ari Rudd presented three long-term technical setups, which point to further downside in Bitcoin. Rudd believes that Bitcoin could offer a buying opportunity in the  $24,000  to  $27,000  range. Data compiled by Bloomberg shows that Bitcoin price has been calmer compared to the  Nasdaq 100  Index in  2022 . There have been only five occasions this year when Bitcoin has moved more than one standard deviation from its average in either direction, while the Nasdaq 100 has seen 12 su

  Strike, a bitcoin payments company, has successfully closed a Series B funding round, bringing in a total of $80 million. Ten31, a venture capital company that specializes in Bitcoin startups, led the investment round, according to a statement published on Tuesday. However, funding was also used by the University of Wyoming and Washington University in St. Louis. Strike will use the money to strengthen his current relationships with neighborhood companies. Strike takes use of the Lightning Network, a system that accelerates Bitcoin transactions so that they can be utilized for everyday transactions. According to a statement from Jack Mallers, the founder and CEO of Strike, "we're in talks with several of them," and "any firm that is in the business of transferring money is interested in superior payments." According to Strike, the company plans to develop new product lines with the additional funding to cater to new types of customers, such as important finan