Bitcoin is trading around $77,390, showing a modest 0.8% gain in 24 hours but down about 4.5% over the past week. The price failed to sustain above the $82,000 resistance, with traders now watching if it can break through the $78,000 to $80,200 resistance zone. The cautious Federal Reserve outlook, highlighted by minutes showing possible future rate hikes due to persistent inflation and geopolitical risks, is pressuring Bitcoin and other risk assets. Key support is near $72,960, and if Bitcoin holds above this, it could aim for $94,850; otherwise, a deeper correction toward $54,270 is possible. The market awaits a clear move above $80,200 to confirm short-term recovery or risk further declines.
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Bitcoin is currently trading around $64,878 but faces potential downside risks, with analysts projecting a possible drop to $38,000–$39,000 based on past four-year bear market cycles. This would represent a roughly 40% decline from current levels and...
Bitcoin price recently hit a strong resistance level at $65,600 but failed to break through, signaling a possible reversal. Short-term momentum is weakening, suggesting the price may decline unless a sudden surge occurs. Key support levels include th...
NYDIG projects Bitcoin might fall to $38,000-$39,000 by October 2026 if the current 2025-26 market decline matches the depth of the 2022 bear market. Bitcoin is currently trading near $64,500, down about 30% this year and roughly 50% below its Octobe...
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
