Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin remains range-bound below $65K despite $43M whale buys, signaling uncertain near-term direction.

Market News
23 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin has been trading below $70,000 for about three weeks, with recent whale purchases totaling over $43 million failing to push the price above $65,000. Large investors, or whales, have dominated market activity since early June, but their buying has not reversed the overall bearish trend, as Bitcoin fell over 15% during the month. Market activity remains low, and without a clear bullish shift from whales, Bitcoin is likely to stay range-bound and face downward pressure in the near term.

More News (BTC)

Bitcoin, Ethereum, Dogecoin, and XRP face key resistance and support levels amid market uncertainty.

Bitcoin, Ethereum, Dogecoin, and XRP face key resistance and support levels amid market uncertainty.

Bitcoin is consolidating around $64,200, caught between weak long-term trends and short-term stability, with key resistance near $66,000-$67,000. Ethereum is compressing near $1,900, poised for a breakout above $1,950 to signal potential upward momen...

Technical Signals
Neutral
7 hours ago
Bitcoin rises above $64,600 amid US-Iran tensions and oil prices over $91 per barrel

Bitcoin rises above $64,600 amid US-Iran tensions and oil prices over $91 per barrel

Bitcoin climbed above $64,600 following US President Trump's statement that Washington is not engaging in talks with Iran, despite conflicting claims over the Strait of Hormuz. The strait remains a key route for global oil, keeping prices above $91 p...

Market News
Neutral
11 hours ago
Bitcoin hits $65,000 amid $56M short squeeze despite Middle East tensions

Bitcoin hits $65,000 amid $56M short squeeze despite Middle East tensions

Bitcoin briefly surged to $65,000 on Tuesday, marking a 0.5% daily gain and pushing its weekly rise above 2%, despite ongoing geopolitical tensions in the Middle East. The price spike triggered a $56 million short squeeze, forcing bearish traders to ...

Market News
Bullish
12 hours ago
US SEC and CFTC classify Bitcoin, Ether, and others as commodities, stablecoins non-securities under new rules.

US SEC and CFTC classify Bitcoin, Ether, and others as commodities, stablecoins non-securities under new rules.

The US SEC and CFTC jointly released a clear regulatory framework on March 17, 2026, classifying Bitcoin, Ether, Solana, XRP, and Cardano as digital commodities, not securities. Payment stablecoins compliant with the GENIUS Act of 2025 are explicitly...

Market News
Bullish
12 hours ago
XRP may soon challenge BTC and ETH as Ripple expands in South Korea with Jeonbuk Bank partnership.

XRP may soon challenge BTC and ETH as Ripple expands in South Korea with Jeonbuk Bank partnership.

Analyst Dark Defender suggests XRP is completing a corrective phase and could soon make a strong move against Bitcoin and Ether, potentially overtaking them in market dominance. Ripple's recent partnership with Jeonbuk Bank, the first Korean regional...

Market News
Bullish
13 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App