Bitcoin is trading around $76,808, about $4,900 below the $81,700 level needed to confirm a new bull market according to CryptoQuant. Large Bitcoin holders (whales) have been selling into the recent two-week rally, while retail investors bought on leverage. US institutional investors remain absent, indicated by a negative Coinbase Premium, suggesting limited support from American funds. Resistance lies between $77,100 and $80,200, with significant selling from long-term holders in this range. If Bitcoin breaks out above $81,700, it could signal a new bull market, but current selling pressure and lack of institutional buying pose challenges.
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, warned that Bitcoin's price might fall significantly to $10,000 if the S&P 500 index drops by 20%. He cited the resistance at $80,000 for Bitcoin, expected Federal Reserve interest ...
Crypto analyst Dark Defender projects that XRP could significantly outperform Ethereum, with the XRP/ETH ratio potentially rising about 306% from its current level. This forecast is based on an Elliott Wave technical pattern targeting a fifth-wave ex...
Bitcoin's 200-week moving average, a key long-term support indicator, has surpassed $65,000 for the first time, marking a historic milestone. This moving average reflects Bitcoin's price trend over four years and has traditionally acted as a strong p...
Bitcoin is trading around $76,718 after a slight 0.8% drop, remaining within a tight range between $76,000 and $80,000. Analysts highlight the importance of a weekly close above $78,300 to prevent a repeat of a bearish price pattern seen in May 2026....
Bloomberg strategist Mike McGlone warns that Bitcoin's strong correlation with the S&P 500 and expected Federal Reserve interest rate hikes could trigger a significant sell-off. Bitcoin has lost its status as a 'digital gold' safe haven, behaving mor...
