Bitcoin has broken down from its bear flag pattern and is currently testing the $70,000 support level, with the next key support at $66,000. If these levels fail, the price could fall further to around $60,000, marking a deeper bottom in the ongoing bear market. Technical indicators like the RSI suggest a possible short-term bounce, but overall bearish momentum remains strong. Market sentiment is weakening, highlighted by a large Bitcoin ETF outflow, indicating potential continued price declines unless bulls can reclaim key resistance levels above $73,660.
The crypto derivatives market experienced $1.42 billion in liquidations within 24 hours, with Ethereum accounting for $349.17 million, mostly from long positions. Ethereum tested the $1,550 level amid a bearish trend and declining adoption signals, i...
Strategy Inc.'s perpetual preferred stock, STRC, has seen its 90-day correlation with Bitcoin rise to nearly 0.70, the highest since its July 2025 launch. This increased correlation means STRC now moves more closely with Bitcoin's price, which has dr...
Bitcoin followed its traditional four-year market cycle by peaking near $126,000 in October 2025 before undergoing a correction. The recent 50% price drop is milder than past bear markets, and Bitcoin has avoided deep panic selling by staying above i...
Cryptocurrency markets saw a general decline with Bitcoin priced around $59,280, down 1.44%, and Ethereum falling 3.54% to about $1,562. Other major coins like BNB, XRP, and SOL also experienced losses. This reflects ongoing volatility in the crypto ...
Bitcoin fell below $60,000, causing $1.48 billion in crypto liquidations, mainly hitting long traders. This drop follows stronger U.S. inflation data, raising expectations that interest rates will stay higher for longer. Bitcoin options worth $9.33 b...
