Bitcoin is approaching a key resistance level at $66,200, with potential to climb toward $69,000 and beyond, according to technical analysis. However, weakening momentum suggests a possible short-term pullback to around $62,000 before buyers push prices higher again. The current rise is seen as a corrective wave rather than a confirmed long-term uptrend, so rejection at resistance could lead to a deeper decline. Investors should watch the $62,000 support closely, as holding this level could enable Bitcoin to resume its upward move toward $69,000.
Bitcoin climbed above $65,000 following a pause in the US-Iran conflict, which caused oil prices to fall sharply and eased inflation concerns. Lower oil prices reduced fears of aggressive Fed rate hikes, boosting risk appetite and supporting Bitcoin'...
Bitcoin and Ethereum prices increased on July 27 following signs of easing geopolitical tensions between the US and Iran, which improved investor confidence. Bitcoin rose 1.75% to around $65,447, while Ethereum climbed 4.63% to nearly $1,981. The pos...
Bitcoin and Ethereum prices increased notably following a 10% drop in Murban crude oil prices due to easing US-Iran geopolitical tensions. The US halted strikes on Iran, raising hopes for renewed peace talks and a possible ceasefire. Bitcoin rose by ...
Bitcoin surged above $65,000 following a US-Iran ceasefire that eased inflation concerns by lowering crude oil prices. This development weakened the dollar and boosted Bitcoin's appeal to international investors. Large holders moved $198 million wort...
Ethereum has surged nearly 20% in July, significantly outperforming Bitcoin's 11.7% gain as ETH trades around $1,880 to $1,970. This rise is driven by increased ETF flows into Ethereum products and higher staking participation, which reduces circulat...
