Bitcoin surged past $81,000 during Asian trading, marking its highest level since January and a weekly gain over 5%. This breakout reflects renewed strength in the crypto market despite geopolitical tensions and rising oil prices. Options market activity shows traders favoring bullish call ratio strategies, indicating confidence in gradual price increases. Bitcoin's next moves may hinge on upcoming economic data, but current momentum suggests continued upside potential.
Options worth $1.75 billion for Bitcoin and Ethereum expired on July 10, reflecting cautious market sentiment. Bitcoin options valued at $1.5 billion had a balanced put-call ratio near 0.97 and a maximum pain level at $62,000, while Ethereum options ...
Bitcoin climbed about 3% to $64,300 following a drop in crude oil prices below $72 and renewed peace talks between the US and Iran, which revived risk appetite in crypto markets. A $79.5 million short squeeze helped push Bitcoin higher, with $65,000 ...
Bitcoin has remained in the $60,000 to $70,000 price range for 307 days, making this the third longest consolidation period within any $10,000 band in its history. This prolonged sideways trading has created a significant support cluster, with about ...
Bitcoin's longer-term MACD indicator has flipped bullish, signaling that the recent rally above $64,000 could continue. Key resistance levels to watch are the 50-day moving average near $65,434, the mid-June high around $67,292, and the 200-day movin...
Bitcoin rose above $63,000 with a 1.5% gain following US President Trump's statement that Iran seeks negotiations, easing market fears. The cryptocurrency is closely watched around the $64,700 daily close level, which could spark a significant relief...
