Bitcoin trades near $63,000 after failing to hold its 200-week moving average. Markets await Fed minutes while Japan's disappointing GDP data and rising bond yields spark concerns over global financial tightening impacting risk assets.
Bitcoin short liquidations hit a near-one-month high as BTC rallied to $64,500 on Monday, driven by a derivatives market short squeeze amid absent spot demand.
Bitcoin long positions are at risk of liquidation as price volatility increases, indicating a potential range breakout. Analysts warn of a 'cleanout' as leveraged longs face squeeze, with CryptoQuant CEO Ki Young Ju stating conditions for a bull market are not yet met.
Bitcoin experiences its longest capitulation phase since late 2022, with 45 metrics tracked by Glassnode signaling market cooling, though aggregate readings have yet to reach previous bear-market bottom depths.
Bitcoin (BTC) fell over 1.6% as its price correction accelerated, driven by macro headwinds like rising US bond yields and Federal Reserve interest-rate expectations. Analysts noted a "plunge protection team" on Binance and historical price patterns.
Bitcoin held firm near five-week highs despite escalating US-Iran tensions, with US stocks also shrugging off risks. Analysts suggest a potential short squeeze in the S&P 500, while some traders predict Bitcoin will outperform US stocks in the foreseeable future.
Bitcoin (BTC) surpassed $66,000, reaching a one-month high, fueled by trader enthusiasm and short liquidations. Analysts predict further gains towards $67,000-$70,000, while month-end derivatives positioning indicates a slow return of confidence in crypto risk, despite some concerns about real buying interest.
Bitcoin (BTC) surged past $66,000, reaching a one-month high, driven by strong trader enthusiasm and short liquidations. Analysts predict further gains towards $70,000, while derivatives markets show a slow return of crypto risk confidence ahead of the Fed's July meeting.
Bitcoin faced resistance at $65,000 as US tech stocks experienced a record sell-off by hedge funds, and geopolitical tensions from the US-Iran conflict weighed on risk assets. Despite this, some traders remain optimistic for BTC to reach $70,000 in coming weeks.
Bitcoin's supply in loss exceeds 50%, a metric historically preceding a market bottom within 101 days. On-chain data suggests the emotional premium from previous bull markets has been priced out, indicating a potential bottom nearing.
Bitcoin (BTC) approached new July highs, trading above $64,000 on Friday. Hopes for a US-Iran peace deal kept oil prices lower, while the US dollar index (DXY) saw a third consecutive day of decline. Analysts note $65,000 as crucial resistance for BTC.
Bitcoin's price action is exhibiting "textbook" bear market bottoming behavior, according to analysis by "Frank" on X. Short-term holders are realizing profits, a sign characteristic of a bull market, though some analysts caution against full capitulation.
Bitcoin (BTC) is trading near $63,000 as US stock markets, led by chip companies, experience a downturn. Despite the market correction, Bitcoin ETFs saw net inflows, and John Bollinger noted a potential long-term reversal pattern.
New analysis from CryptoQuant suggests Bitcoin's Net Unrealized Profit/Loss (NUPL) metric indicates further price drops are needed for a bear market bottom. The 100-day EMA of NUPL is still above zero, unlike previous cycles, signaling potential for new macro lows.
Strategy's sale of $216 million in Bitcoin is viewed positively by analysts, seen as a move to strengthen its financial position and renew investor confidence in its STRC product. The sale boosted dollar reserves, covering 17 months of dividend payments and reducing forced-selling risks.
Bitcoin (BTC) is trading near two-week highs, with traders watching the $60,400-$60,900 zone as crucial support. US stock market strength and record retail risk appetite are seen as bullish factors, though a correction is possible. Exchange inflow data shows reduced panic among investors, and crypto market sentiment is improving.
Bitcoin is trading near two-week highs, with traders watching the $60,400-$60,900 zone as crucial support. US stock markets show record retail risk appetite, potentially signaling continued bullishness despite some warnings of a correction. Exchange inflow data indicates cooling panic among investors.
Bitcoin (BTC) approached two-week highs near $62,700, testing the 200-week moving average. Traders noted a short squeeze and warned of historical Monday weakness, while renewed inflows into US spot Bitcoin ETFs and softer US macro data suggest potential tailwinds for crypto.
Bitcoin's monthly TD9 indicator has shown its first 'perfected' buy setup since mid-2022, signaling a potential trend change and key inflection phase in the bear market. While not a definitive buy signal, analysts note its significance, especially when combined with bullish RSI divergences across multiple time frames, suggesting a possible bullish comeback.
Bitcoin (BTC) fell towards $58,000 on Tuesday, struggling to keep pace with US stocks' strong Q2 gains. Analysts suggest capitulation among top buyers as BTC faces renewed pressure from a strong dollar against the yen, potentially leading to government intervention.
Bitcoin struggled to reclaim $60,000 on Friday, marking its first daily close below this level since September 2024, as global market volatility, particularly in Asian tech stocks, and rising US inflation concerns weighed on risk assets.
Bitcoin's price dropped to $58,000, entering a zone historically associated with cycle bottoms by power-law models. Derivatives data points to $55,000 as the next key support, while $65,000-$68,000 is identified as a major upside target, with a daily close above $60,000 crucial for a local bottom confirmation.
Bitcoin's price drop to $58,000 has placed it within a historical range for cycle bottoms according to power-law models. Derivatives data indicates $55,000 as crucial support and $65,000-$68,000 as a key upside target, with a daily close above $60,000 vital for a local bottom.
Bitcoin (BTC) fell to its lowest point in two weeks, trading below $62,000 as Asian stock markets experienced a significant tech-driven sell-off. South Korea's Composite index dropped 10%, and Japan's Nikkei 225 shed nearly 4%. Analysts warn of potential further declines for BTC, with one target set at $54,000.
