Bitcoin has closed its first positive month after five consecutive monthly losses, signaling a tentative recovery amid ongoing volatility. Transaction fees have fallen below $0.40, the lowest since 2017, due to improved network efficiency, while daily activity remains strong. However, Bitcoin faces heavy resistance from whale sell walls near the $69,000 level, creating a critical breakout or rejection zone that will likely determine its next major price move. Traders are watching key support and resistance levels closely as the market searches for clearer direction.
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin price briefly rose to nearly $65,470 following softer US inflation reports, raising hopes the Federal Reserve might pause rate hikes. However, profit-taking by long-term holders and whales around the $65,000 resistance led to a pullback towar...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Bitcoin is currently trading around $64,878 but faces potential downside risks, with analysts projecting a possible drop to $38,000–$39,000 based on past four-year bear market cycles. This would represent a roughly 40% decline from current levels and...
