Bitcoin has entered a consolidation phase around $76,000 after a strong rally in April. Analyst Ali Martinez highlights two crucial price levels: support at $75,733 and resistance at $78,258, which will determine Bitcoin's next major move. A break above resistance could trigger a rally to $84,569, while a drop below support might lead to a correction down to $66,898. Despite recent institutional selling, including BlackRock's $170 million BTC sale, the market is building liquidity and derivatives traders are positioning for a breakout, making the near-term direction of Bitcoin critical to watch.
Bitcoin's price is currently in a bear flag pattern, struggling below a descending channel and facing resistance near $78,000 and the 200-day moving average. Short-term momentum indicators suggest potential downside, but a golden cross—where the 50-d...
Crypto analyst @ChartNerd predicts the XRP/BTC ratio could fall more than 57%, retesting a strong support level at 0.0000073 seen in 2024. This decline is driven by XRP's ongoing underperformance against Bitcoin, recent bearish signals like dropping ...
Investors withdrew over $1 billion from bitcoin ETFs and $215 million from ether ETFs last week, signaling reduced interest in major crypto assets. Instead, funds flowed into alternative tokens, with new HYPE spot products gaining about $72 million a...
A dormant Bitcoin whale transferred 2,650 BTC worth about $203 million to crypto trading firms FalconX and Cumberland in three transactions. This move comes amid growing Bitcoin inflows to exchanges and sustained outflows from spot Bitcoin ETFs, sign...
Bitcoin's apparent demand has dropped to its lowest point since April 2025, nearing -160,000 BTC, indicating a significant decline in retail buying pressure. This metric measures whether buying can absorb new supply, and its negative trend throughout...
