Bitcoin remains the strongest major cryptocurrency but is showing signs of weakening momentum after failing to break above the critical $81,000 resistance near its 200-day moving average. The price has slipped below key moving averages and lost its short-term upward trend, with technical indicators like the RSI signaling reduced buying strength. Investors are closely watching the $75,000-$76,000 support zone, as a breakdown here could increase bearish sentiment and volatility across the broader crypto market. Despite this, Bitcoin's overall structure is still more stable than many altcoins, and the current correction is seen as a healthy profit-taking phase rather than a full trend reversal.
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin price briefly rose to nearly $65,470 following softer US inflation reports, raising hopes the Federal Reserve might pause rate hikes. However, profit-taking by long-term holders and whales around the $65,000 resistance led to a pullback towar...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Bitcoin is currently trading around $64,878 but faces potential downside risks, with analysts projecting a possible drop to $38,000–$39,000 based on past four-year bear market cycles. This would represent a roughly 40% decline from current levels and...
