Bitcoin sellers are showing signs of exhaustion around the $64,000 level, indicating a potential late stage of the market downturn, according to Glassnode. However, the firm has not confirmed a market bottom yet, as bitcoin remains stuck in a narrow trading range between $63,500 and $65,000. Institutional demand remains strong with continued inflows into spot bitcoin ETFs, supporting the price despite whale sales and retail uncertainty. The next key move depends on whether bitcoin can break above $65,000 resistance to confirm a recovery or if the current pause is just a temporary breather before further declines.
Bitcoin price is steadily climbing toward a key resistance level near $83,000, which could mark a shift from a bear to a bull market if surpassed. However, technical indicators like the RSI show bearish divergence, suggesting momentum may be weakenin...
Bitcoin rose 1.43% to around $79,904 but faces resistance near $81,337, with momentum indicators like RSI and MACD suggesting the rally may be losing steam. Futures open interest dropped 4.39%, indicating traders are closing positions rather than add...
Bitwise reported about $100 million in net inflows on August 27 across its U.S. crypto exchange-traded products, with Solana funds leading at roughly $40 million, followed by Bitcoin at $22 million and Hyperliquid at $20 million. The Solana Staking E...
Bitcoin traded near $79,771 after reaching an intraday high of $81,280 but failed to break decisively above the $82,000 resistance level. Veteran trader Peter Brandt disclosed a long Bitcoin position following a bullish inverse head-and-shoulders bre...
Veteran trader Peter Brandt revealed he remains long on Bitcoin even as the cryptocurrency struggles to break above the key resistance zone around $82,000. Bitcoin recently climbed above $80,000 but faced strong selling pressure, causing a pullback. ...
