Bitcoin's price has fallen sharply below the critical $65,000 support level, triggering increased selling pressure and market concern. Analyst Ali Martinez highlights that Bitcoin may find its next major support zone around $50,000, a level where significant past accumulation occurred. The decline below $72,650 marks a vulnerable position for Bitcoin, with potential further downside if it fails to reclaim higher support levels soon. Investors are advised to watch the $50,000 to $54,300 range as a key area for possible price stabilization amid ongoing volatility.
Hyperliquid's price fell over 10% from its record high after BitMEX co-founder Arthur Hayes liquidated his entire HYPE holdings, worth about $18 million. This triggered profit-taking and a broader crypto market downturn amid rising oil prices and geo...
More than half of all bitcoin in circulation is now held at an unrealized loss, with 10.5 million BTC underwater compared to 9.8 million BTC in profit. This crossover, which has historically marked major bear market bottoms, coincides with bitcoin te...
Bitcoin's price appears to have found short-term support around $61,000, slightly above its February low of just under $60,000, according to economist Peter Schiff. Despite recent losses and significant selling pressure from large holders and U.S. sp...
Bitcoin closed May near $70,600 after losing 8-10% due to rising inflation, higher Treasury yields, and geopolitical tensions. The cryptocurrency fell below key holder cost basis levels, increasing potential selling pressure, but found support betwee...
Bitcoin has dropped below $72,000, prompting analysts to focus on two main support zones: $50,000-$54,000 and $61,000-$62,000. One model based on MVRV Pricing Bands suggests Bitcoin could fall further toward the $50K range if current support fails, w...
