Bitcoin price hovered near $65,000 but failed to sustain above this level, facing resistance from sellers around the $67,523 short-term holder cost basis. This cost basis represents the average price paid by holders of coins less than 155 days old, creating a potential selling zone as investors seek to break even. Technical indicators show mild bullish momentum, but Bitcoin remains below key long-term moving averages, signaling the broader downtrend is intact. The next price moves depend on whether Bitcoin can break above $65,600 to trigger a short squeeze or fall below $64,000 toward stronger support zones around $63,000. Investors should watch these levels closely as the market balances between competing liquidity pools.
Bitcoin surged close to $87,400, pushing the crypto market near a $3 trillion cap, driven by $558 million in liquidations mainly from short positions. Institutional investors fueled the rally with over $1.9 billion in spot ETF inflows, especially int...
Dogecoin surged to an intraday high of $0.1059 following X's announcement of new trading partnerships with Gemini, Kraken, Coinbase, Moomoo, and Interactive Brokers, allowing users to trade directly from the app. Despite this boost, DOGE closed the d...
Bitcoin has surpassed the $80,500 mark for the first time since 2023, breaking above its 365-day moving average and a key long-term trendline that previously predicted bull markets in 2019 and 2023. This breakout indicates a confirmed uptrend, suppor...
Bitcoin surged past $85,000, triggering over $1 billion in short position liquidations, while the Nasdaq Composite reached new all-time highs driven by strong AI momentum. Meta's stock jumped over 20% after launching its Muse AI assistant, adding sig...
Bitcoin's price stabilized above $86,000 after a brief pullback from a recent high of $87,374, maintaining a market cap of $1.73 trillion and supporting the broader crypto market above $3 trillion. The drop in short liquidations from over $500 millio...
