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Bitcoin's 16-week spring rally was a fakeout; a major price drop is expected in June 2026.

Market News
01 Jun 2026
UToday
View Source
Bearish
Bitcoin's 16-week spring rally was a fakeout; a major price drop is expected in June 2026.

Bitcoin experienced a deceptive 16-week spring rally in early 2026, which experts now identify as a classic fakeout preceding a significant price decline expected in June. Analyst Benjamin Cowen highlights that Bitcoin's price movements are following a 4-year cycle pattern, with the peak reached in October 2025 and a subsequent drop starting early 2026. Despite a temporary rally, Bitcoin failed to maintain gains above key moving averages, signaling further weakness. The true bottom is predicted around October to November 2026, after which a new upward trend may begin.

More News (BTC)

Bitcoin closes above 50-week average for first time in 45 weeks, signaling potential end of bear market.

Bitcoin closes above 50-week average for first time in 45 weeks, signaling potential end of bear market.

Bitcoin recently closed above its 50-week moving average for the first time in 45 weeks, a key technical indicator suggesting the bear market may be over. The cryptocurrency rose nearly 6% in the week, trading around $81,450, and has gained 29% over ...

Technical Signals
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Bitcoin rebounds to $81K as altcoins like ZEC and HYPE hit multi-year highs amid a crypto market rally.

Bitcoin rebounds to $81K as altcoins like ZEC and HYPE hit multi-year highs amid a crypto market rally.

Bitcoin surged 5% to $81,914, helping the total cryptocurrency market cap reclaim $2.8 trillion and nearly reach $2.9 trillion during a broad weekly rally. Altcoins outperformed Bitcoin, with Hyperliquid (HYPE) hitting a new high of $94.48 and Zcash ...

Market News
Bullish
10 hours ago
Strategy stock jumps 16.39% on heavy trading and Bitcoin price surge

Strategy stock jumps 16.39% on heavy trading and Bitcoin price surge

Strategy (MSTR) stock surged 16.39%, closing at $153.92 after heavy trading volume more than doubling its average daily shares. The rise is closely tied to Bitcoin's price, as Strategy holds around 845,000 BTC worth about $69 billion, making Bitcoin'...

Market News
Bullish
11 hours ago
Bitcoin rebounds above $81K, driven by Fed rate hike, not stalled crypto regulation bill

Bitcoin rebounds above $81K, driven by Fed rate hike, not stalled crypto regulation bill

Bitcoin's price surged above $81,000 following the Federal Reserve's 25 basis point rate increase, despite the Senate's failure to advance the Digital Asset Market CLARITY Act. Arthur Hayes, BitMEX co-founder, argues that the rate hike, which increas...

Market News
Bullish
11 hours ago
Russia's MOEX adds XRP to crypto perpetual futures, expanding regulated crypto derivatives market.

Russia's MOEX adds XRP to crypto perpetual futures, expanding regulated crypto derivatives market.

Russia's Moscow Exchange (MOEX) will launch perpetual futures contracts for XRP alongside Bitcoin, Ethereum, Solana, and TRON on September 22. These contracts, quoted in USD but settled in Russian rubles, allow qualified investors to gain price expos...

Market News
Bullish
15 hours ago
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