Bitcoin and Ethereum prices climbed despite a sharp rejection at $80,000 for Bitcoin, which later reclaimed this key level. The global crypto market cap increased by 1.33% to $2.65 trillion amid over $480 million liquidations and a shift in market sentiment from fear to neutral. Meanwhile, stocks fell due to geopolitical tensions after Iranian drone attacks on UAE oil facilities, causing oil prices to spike. Analysts highlight Bitcoin's critical resistance at around $81,500, with a daily close above this potentially opening a path to $92,000, while failure could see a drop to about $76,500.
Analyst Benjamin Cowen states that Bitcoin's bear market will likely continue until the fourth quarter of 2026, following its historical four-year cycle despite recent ETF adoption and institutional interest. He explains that Bitcoin's price behavior...
Bitcoin jumped about $1,400 within an hour, pushing its price back above $78,000 due to a short squeeze that liquidated roughly $25 million in short positions and added around $30 billion to its market cap. This move brought Bitcoin to the upper end ...
Bitcoin fell nearly 10% to $74,027 on May 23 following a $766 million liquidation event that wiped out many long positions, marking the largest in three months. Bitfinex analysts warn that $79,000 acts as a strong resistance level, limiting near-term...
Bitcoin is under pressure as institutional selling accelerates, pushing its Risk Index to 33, signaling a high-risk market zone. Persistent outflows from US spot Bitcoin ETFs, totaling over $2 billion since early May, indicate sustained institutional...
Bitcoin has been trading sideways around $75,000 for over four weeks, building significant liquidity clusters. Nearly $14.3 billion in liquidation pressure is concentrated around current prices, with long positions stacked tightly between $72k-$74k a...
