Bitcoin price hovered near $62,600 with long-term holders (OG investors) reducing their selling, easing some supply pressure near the key $60,000 support level. However, Binance inflows indicate ongoing panic selling with nearly $479 million worth of Bitcoin potentially available to sell. Traders need daily closes above $63,000 to regain confidence, while a break below $60,000 could lead to a drop toward $46,700. The market shows mixed signals as ETF outflows slow but technical risks persist, making the $60,000 to $63,000 range a critical battleground for Bitcoin's near-term direction.
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...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
