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Bitcoin nears cycle bottom amid US-Iran tensions; must break $66K to rally higher.

Market News
09 Jul 2026
FXEmpire
View Source
Neutral
pluang ai news

Bitcoin's price dipped after President Trump ended the US-Iran ceasefire, causing uncertainty and range-bound trading. On-chain data shows short-term holders' losses at cycle bottom levels, suggesting a potential market floor. Whale investors continue accumulating BTC, indicating an accumulation phase. For Bitcoin to resume its rally, it needs to break above $66,000, with a possible retest of $60,000 before targeting $74,000.

More News (BTC)

Redemption surges in private credit and bitcoin ETFs signal rising market liquidity risks

Redemption surges in private credit and bitcoin ETFs signal rising market liquidity risks

In the second quarter of 2026, investors requested $15.6 billion in redemptions from the $2 trillion private credit market, exceeding typical limits and leaving many partially paid. Simultaneously, nearly $5 billion was withdrawn from U.S.-listed spo...

Market News
Bearish
4 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $62,833 and Ethereum around $1,744.

Cryptocurrency prices show mixed movements with Bitcoin near $62,833 and Ethereum around $1,744.

Cryptocurrency markets display varied price changes, with Bitcoin trading near $62,833, up 0.99%, and Ethereum around $1,744, up 0.24%. Other notable coins like Binance Coin and Avalanche also show modest gains, while some altcoins experience slight ...

Market News
Neutral
5 hours ago
Bitcoin rebounds above $63K as oil prices fall and BitGo launches quantum security tools for institutions.

Bitcoin rebounds above $63K as oil prices fall and BitGo launches quantum security tools for institutions.

Bitcoin rose above $63,000, gaining 2.1% amid easing geopolitical tensions and falling oil prices, which eased inflation fears and bond yields. This macro relief helped risk assets like crypto recover slightly despite the market still being in extrem...

Market News
Bullish
6 hours ago
Bitcoin eyes $100K as ETF inflows return and key US inflation data and Fed meeting approach.

Bitcoin eyes $100K as ETF inflows return and key US inflation data and Fed meeting approach.

Bitcoin shows signs of recovery after defending a major support level, with spot Bitcoin ETFs reversing outflows to record $221 million inflows. This shift suggests fading institutional selling pressure and a potential rally toward $100,000 by year-e...

Market News
Bullish
9 hours ago
Bitcoin holds above $62,500 with short-term bullish signals amid mixed longer-term trends.

Bitcoin holds above $62,500 with short-term bullish signals amid mixed longer-term trends.

Bitcoin traded near $62,743, up 1% in 24 hours, consolidating between $61,507 and $63,116. Short-term moving averages and MACD show bullish momentum, but the price remains below key 50-day and 200-day averages, indicating a medium-term corrective pha...

Technical Signals
Neutral
9 hours ago
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