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's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Economist Peter Schiff predicts Bitcoin's price could fall to as low as $20,000, citing resistance near $65,000 and support around $58,000. He criticized Strategy (formerly MicroStrategy) for raising $450 million through stock issuance instead of usi...
