Bitcoin traded near $73,700 on May 31, with traders watching key support at $71,400 and resistance at $78,200. A short-term buy signal suggests a possible rebound toward $75,000 if demand improves, but low trading volume and weak momentum indicators keep pressure on the market. Analysts warn the next major cycle low may not come until late 2026, reflecting a typical Bitcoin cycle pattern. Geopolitical risks related to Iran and cautious technical signals add uncertainty to Bitcoin's near-term outlook.
Bitcoin has fallen about 3% over the past week to around $73,800, influenced by geopolitical tensions and ongoing capital outflows from Bitcoin spot ETFs totaling nearly $3 billion since mid-May. Analyst Michael van de Poppe highlights $71,000 as a c...
Bitcoin is trading near $74,000 as significant leverage clusters form around $72,000 and $76,000, indicating potential liquidation zones if price moves sharply. The price recently dropped from the $77,000-$78,000 range and stabilized near $74,000, mo...
Bitcoin ETFs have experienced ten consecutive sessions of capital outflows, with $125.31 million withdrawn recently, and Ethereum ETFs have seen 14 sessions of net withdrawals totaling $17.91 million. Despite these outflows, investors are not exiting...
Bitcoin fell about 3.75% this week, marking its third consecutive weekly loss as it failed to break above the $77,300–$78,000 resistance zone. Ongoing US-Iran negotiations remain unresolved, keeping market risk elevated, especially around the strateg...
Robert Kiyosaki cautions investors that buying bitcoin, gold, or silver based on hype can lead to losses, emphasizing the need for disciplined investing and tracking cash flows. He challenges the notion that U.S. bonds are always safe, noting major h...
