Bitcoin recently surged to around $80,000, wiping out $35.6 million in whale orders and short positions, but now struggles to maintain that level. Analysts highlight that holding above $80,000 is crucial for Bitcoin to continue its upward momentum toward filling the $84,000 CME gap. Failure to hold this key level could lead to a pullback toward support zones between $75,000 and $79,600. The next resistance levels to watch are $81,000 and $82,000, with major supply zones much higher around $90,000 and beyond. The market remains at a critical juncture between support and resistance, with the potential for either a continued rally or a deeper correction.
Ethereum's price is trading just above $2,000 after a steep decline from $2,500, raising concerns about a potential crash below this key level or a bullish reversal. This weakness is part of a broader crypto market pullback, with Bitcoin, Ripple, and...
Bitcoin is trading just above the $75,000 support level after failing to break $78,000, staying below the $76,000 mark that would signal a new bull market according to analyst Tom Lee. Ether also faces resistance near $2,150 and is retreating toward ...
Over the past 12 months, Bitcoin has underperformed the S&P 500 by roughly 56%, declining 30.35% while the S&P 500 rose nearly 27%. Despite renewed optimism for cryptocurrencies and bullish price targets from major financial institutions predicting B...
Bitcoin's market value has dropped to 13th place globally, falling about 11% this year and nearly 30% over the past year. Meanwhile, precious metals like gold and silver have surged, with gold reaching a record $5,600 per ounce earlier this year. Sem...
On May 26, US spot Bitcoin ETFs experienced a significant outflow of $334 million, equivalent to about 4,400 BTC, continuing a trend of heavy redemptions in mid-to-late May. Ethereum spot ETFs also faced a $35 million net outflow, marking over 10 con...
