Bitcoin is trading around $62,984 and showing bearish signs including a bearish engulfing pattern and a TD Sequential sell signal, especially ahead of August, a month known for pullbacks. Key support levels are between $58K and $60K, with resistance at $65K needed for upward momentum. Technical indicators like MACD and RSI suggest accelerating selling pressure and a strong downtrend, indicating potential for further price declines before any recovery. Traders are closely watching the $63K level to set the tone for Bitcoin's movement in August.
Bitcoin's bullish sentiment has plunged to its lowest level ever following a $70 million exploit of the Coldcard hardware wallet, a trusted tool for self-custody. This security breach has caused widespread fear among investors, leading bearish commen...
Bitcoin has dropped sharply in 2026, falling about 25-31% year-to-date to around $63,000 from a peak near $97,860 in January. Meanwhile, the US dollar index (DXY) remains firm above 100, defying the typical pattern where Bitcoin rallies as the dollar...
Crypto markets saw $238 million in liquidations after US President Trump warned of intensified military strikes on Iran, triggering a risk-off reaction. Most losses came from long positions as Bitcoin and major altcoins fell amid geopolitical tension...
The crypto market is unusually quiet today, with minimal hourly price changes among the top 15 assets. Despite this calm, the year-to-date performance shows significant losses, with Bitcoin down 28% and most large-cap coins losing between a third and...
The US intervened in currency markets by buying Japanese yen for the first time since 1998 to support the weakening yen, which had hit near a 40-year low against the dollar. Japan also intervened heavily, spending over $50 billion, with South Korea j...
