Bitcoin recently fell below the key $66,000 support level, raising questions about whether this signals a failed breakout or just a market retest before a rally resumes. Short-term indicators suggest the dip may be a normal retest, with a possible bounce expected if certain momentum indicators turn positive. However, daily and weekly charts show mixed signals, with no clear higher highs and some bearish momentum indicators. The weekly close above or below $66,000 will be crucial to determine if bulls regain control or if uncertainty persists.
Bitcoin's price fell 1.4% from an intraday high of $66,300 to $65,368 due to rising oil prices, renewed US-Iran geopolitical tensions, and regulatory uncertainties. The price retested the key $65,000 support level, with momentum weakening below the $...
Bitcoin is currently consolidating near a key support level around $63,500, with potential to rise toward $70,000–$73,000 if this support holds. However, a drop below $63,000 could lead to a decline toward $60,000 or even $55,000. The uncertainty aro...
Fasanara Capital, managing $5.7 billion in assets, has a $67 million short position against Ethereum on the decentralized exchange Hyperliquid, part of a combined $108 million short with Abraxas Capital. Both positions are currently underwater with E...
Bitcoin is trading in a narrow range between $64,000 and $66,800 after recovering over 13% from its July 1 low of $57,750, indicating a market pause as it awaits fresh momentum. Traditional markets offer little direction, with major indices slightly ...
Bitcoin traded slightly lower at around $65,716 while Ethereum and major altcoins posted modest gains, indicating a rotation of capital rather than broad market enthusiasm. Ethereum rose 0.42% to $1,924, outperforming Bitcoin which dipped 0.30%. Mark...
