Bitcoin fell below $63,000 following the launch of Moonshot AI's Kimi K3 model, which intensified a global selloff in AI and semiconductor stocks due to concerns over inflated valuations. The price decline mirrors losses in tech markets as investors reassess AI's growth prospects and semiconductor overcapacity. Technical analysis shows Bitcoin breaking down from a bearish rising wedge pattern, targeting a further drop to around $58,570 unless it recovers above $65,000. Rising geopolitical tensions and inflation fears also dampen risk appetite, pressuring Bitcoin further.
Bitcoin is currently testing a critical support zone between $62,800 and $63,600. If it holds this level and recovers above $64,700, the price could rally toward $66,000-$67,000. However, a break below $62,800 risks a decline to the $60,000-$62,000 r...
Crypto trader DonAlt, known for predicting XRP's 700% rally, says Bitcoin is at a key turning point with $61,000 as the critical support level. A monthly close above $61,000 would confirm a bullish trend and potential new uptrend, while a close below...
Bitcoin trades at $62,828 after a 2.11% decline, while Ethereum dropped 4.21% to $1,828. Both cryptocurrencies are closely watched around their support and resistance levels, especially Bitcoin's 200-day moving average, which signals broader market t...
NYDIG warns that Bitcoin could face a significant sell-off, potentially dropping to between $38,000 and $39,000 by October 2026, reflecting a 70% decline similar to past cycles. This forecast is based on historical bear market patterns, despite 2025 ...
On July 17, Bitcoin and Ethereum options worth about $1.43 billion expired, with Bitcoin options totaling $1.2 billion and Ethereum options $230 million. Bitcoin traded steadily between $60,000 and $65,000, showing low volatility and a put-call ratio...
