Prediction markets on Kalshi indicate increasing odds that Bitcoin will decline to around $59,000 due to ongoing geopolitical tensions and macroeconomic uncertainty. Traders are adopting a defensive stance, favoring downside protection over aggressive gains, with similar cautious sentiment seen in Solana and Dogecoin markets. Liquidity remains moderate, and market participants are closely watching macro signals and geopolitical developments for clearer direction. Overall, Bitcoin is expected to trade within a narrow range with stronger downside bias in the near term.
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...
Markets reacted positively to President Trump's announcement of a potential Middle East peace agreement, causing oil prices and bond yields to fall sharply. This decline helped boost stocks, with the Nasdaq rising 1.4% in early trading. Chip stocks l...
