Bitcoin is trading near $63,000, struggling to break the key resistance at $63,400. Analysts suggest it might dip to support levels around $62,200 or even lower before attempting a stronger rebound toward $65,000. One view sees a potential quick recovery after a liquidity sweep, while another Elliott Wave analysis predicts one more decline to complete a broader correction before a sustained rise. Traders are watching critical support and resistance levels closely to gauge Bitcoin's next move.
Bitcoin stabilized above $63,000, gaining 0.8% amid a rebound in U.S. equities, with Nasdaq futures hitting a high since early July. However, U.S. spot Bitcoin ETFs saw $390 million in net outflows last week, marking the largest withdrawal in six wee...
Trump Media & Technology Group (TMTG), parent of Truth Social, is stepping back from its cryptocurrency ventures after losing $360.6 million in digital assets in early 2026. The company faced a $238.1 million net loss in Q2 due mainly to crypto markd...
Bitcoin's price has recovered above its crucial bull market support trendline after dipping to $62,500, suggesting a potential rally toward the $70,000 to $76,000 range. Technical indicators like the Stochastic RSI and Fibonacci levels support the id...
The Coinbase Premium Index for Bitcoin has been negative for 102 consecutive days, indicating weaker demand for Bitcoin on the U.S.-based Coinbase exchange compared to the global market. This persistent trend suggests reduced U.S. spot demand for Bit...
Bitcoin hovered close to $63,000 with minor fluctuations, as traders watched critical support at $62,200 and resistance near $63,400. Market experts predict volatile trading until Bitcoin decisively breaks above $65,000, which could trigger stronger ...
