Bitcoin has fallen below the key $65,000 support level, confirming a major rounding top pattern that projects a potential decline to around $47,000. This drop follows significant outflows from spot Bitcoin ETFs, totaling $4.33 billion over 13 days, weakening demand. Market sentiment remains fragile due to geopolitical tensions, shifting investor interest toward tech stocks, and ongoing liquidation of leveraged positions. Technical indicators suggest bearish momentum, with resistance near $64,000-$65,000 and critical support at $60,000; failure to hold these levels could accelerate the decline. Analysts are watching these zones closely as Bitcoin navigates uncertain macroeconomic and geopolitical risks.
SpaceX's upcoming IPO is predicted to value the company at $2.4 trillion, creating significant market volatility and a 'stress test' for Bitcoin's price. The IPO has driven increased trading interest in SpaceX-linked perpetual contracts, reflecting h...
Bitcoin, Ethereum, and XRP prices increased following former U.S. President Trump's suggestion of a potential peace deal with Iran this weekend. This geopolitical optimism boosted market sentiment despite nearly $2.5 billion in crypto options expirin...
Bitcoin price rose above $63,000 following Donald Trump's announcement of canceled U.S. strikes on Iran and progress toward a peace agreement, reversing losses caused by higher-than-expected U.S. producer inflation data. Despite conflicting reports f...
Bitcoin rose about 1% to near $63,700 on June 12, recovering from a recent dip below $60,000 amid signs of easing U.S.-Iran tensions. The de-escalation reduced fears of rising oil prices and inflation, which had pressured risk assets including crypto...
Bitcoin is trading near $63,000 after a dip to $59,000, close to its realized price support of $53,600, with demand dropping sharply, especially from spot ETFs. Institutional buying pressure is waning, and investors have realized significant losses r...
