Bitcoin has reclaimed the key $66,000 support level, echoing technical patterns seen before major rallies in 2015, 2019, and 2022. This breakout suggests a bullish trend, supported by strong momentum indicators like RSI and MACD, with the next resistance levels at $66,700 and $70,000. On-chain data points to accumulation and a possible cycle bottom between $40K and $50K, indicating more upside potential. If Bitcoin holds above $66,700, it could confirm a broader breakout and lead to further gains toward $70,000 and beyond.
Bitcoin has rebounded about 15% from early July lows, climbing above $66,600 for the first time in over a month. Analysts from Bitfinex identify $68,000 as a crucial resistance level where many recent buyers might sell, potentially stalling the rally...
Russia's State Duma has passed a law recognizing major cryptocurrencies like Bitcoin, Ethereum, and XRP as legal property, allowing their use in commercial and cross-border transactions. Retail investors face an annual purchase cap of 300,000 rubles ...
Ethereum has surpassed the 10% threshold of total crypto market capitalization, marking its strongest weekly gain among the top cryptocurrencies with nearly a 9% increase. This surge outperformed Bitcoin and other major assets, driven by significant ...
Bitcoin shows signs of potential volatility as realized profits near $65k and spot demand weakens, raising risks of a sharp price drop. Despite this, whales have accumulated over 66,000 BTC during recent price dips, signaling strong conviction and a ...
President Donald Trump finalized a US crypto clarity bill aimed at defining regulatory boundaries for digital assets, coinciding with continued strong inflows into Bitcoin and Ethereum spot ETFs, reflecting sustained institutional interest. The bill ...
