Bitcoin's price has started to rise, reaching around $77,500 after days of sideways movement. Key resistance levels at $77,400 and $78,400 must be broken for bulls to gain confidence, with a major breakout above $80,000 needed to confirm a sustained uptrend. Geopolitical tensions between the US and Iran could negatively impact Bitcoin and the stock market, while a peaceful deal might trigger a stronger rally. Investors should watch price action closely in the coming days, especially around the weekend close, as the next few weeks could see significant moves either back toward $66,000 or higher.
The White House has confirmed an imminent breakthrough update regarding the US bitcoin strategic reserve established by President Trump in 2025. This reserve, seeded with 200,000 bitcoins from government forfeitures, is currently protected from sale ...
Bitcoin is trading around $77,000 following a $1 billion outflow last week after a six-week inflow streak. It failed to hold above the 200-day moving average near $82,200, facing rejection multiple times this month. Support remains between $76,000 an...
Bitcoin recently fell below key technical levels, sparking fears of a new bear market. However, K33 Research highlights that unlike previous crashes fueled by excessive risk-taking and leverage, the current market shows exceptional trader pessimism a...
Bitcoin is currently testing a crucial weekly support level near $72,000 after a weak short-term bounce from the 78.6% Fibonacci retracement around $75,000. Historically, Bitcoin has used this Hull Moving Average (HMA) level as a strong support durin...
Cryptocurrency prices are fluctuating with Bitcoin trading near $77,490, up by 0.97%, and Ethereum around $2,130, up by 0.78%. Other notable movements include ZEC rising 4.37%, UNI up 4.01%, and ALGO increasing 4.70%, while some coins like BCH and XL...
