Bitcoin is trading near a critical support range between $76,431 and $74,943 after failing to sustain gains above short-term resistance around $77,655 to $78,595. Analysts note that if Bitcoin holds this support zone, it could rebound toward $81,000–$82,750. However, a drop below $74,943 would weaken the short-term structure and risk pushing prices down to the low $73,000s or $71,000s, with the 2025 low near $74,500 becoming a key focus. The price is also testing important daily moving averages, including the 50-day and 100-day EMAs near $76,800, and the 200-day SMA around $80,272, which represents a higher resistance level. The weekly and monthly closes this week may set the tone for Bitcoin's direction in the coming month.
Bitcoin dropped 2.5% to about $62,674 on June 23, pressured by the Federal Reserve's hawkish outlook and six consecutive weeks of Bitcoin ETF outflows totaling over $6 billion in the past month. The Fed's stance on maintaining or raising interest rat...
Bitcoin and ether are moving toward the lower end of their recent price ranges amid fading summer liquidity and increased asset correlations, according to Wintermute's OTC trading desk. Bitcoin is approaching a key support level at $59,000, considere...
Bitcoin has been trading below $70,000 for about three weeks, with recent whale purchases totaling over $43 million failing to push the price above $65,000. Large investors, or whales, have dominated market activity since early June, but their buying...
Shiba Inu (SHIB), XRP, and Bitcoin (BTC) are experiencing downward pressure with prices struggling to recover key support levels, indicating continued bearish trends. SHIB is below major moving averages and near critical support, XRP is failing to re...
Bitcoin price confirmed a bearish head-and-shoulders breakdown, falling below the $60,000 support zone and targeting a potential decline to around $57,500. This drop follows over $600 million in crypto liquidations, weak institutional demand, and eas...
