The Bitcoin Rainbow Chart places BTC in its cheapest 'Basically a Fire Sale' band, with a reference price of $63,349 for July 2026, while the current price is around $58,581, indicating a rare discount relative to its long-term growth trend. This undervaluation coincides with significant market pressure, including $4.5 billion in net outflows from U.S.-listed Bitcoin ETFs in June 2026, the worst monthly figure to date. Short-term price action depends on whether Bitcoin can hold support near $58,000; a break below $55,300 could lead to further declines toward $42,000, while holding support might see a rebound to $65,600-$70,000 by the end of July.
Bitcoin fell about 22% in Q1 and 14% in Q2 of 2026, marking only the third time it has started a year with two consecutive losing quarters, previously seen in 2018 and 2022—both bear market years. Unlike typical seasonal trends where Q4 is strong, th...
Bitcoin's daily RSI indicates a bullish divergence, suggesting a potential rally toward the 20-day EMA near $62,000. A daily close above this level could lead to further gains toward $66,340 and $70,000. However, the broader bearish pattern remains i...
Donald Trump disclosed earning over $1 billion from cryptocurrency ventures, mainly through World Liberty Financial and the $TRUMP memecoin. This highlights crypto's growing role in his business, surpassing real estate. The news has positively influe...
In June 2026, XRP-linked ETFs and Hyperliquid's HYPE funds saw significant net inflows of $59.4 million and $161 million respectively, standing out amid record outflows from bitcoin and ether ETFs which lost over $4 billion and $528.99 million. This ...
Bitcoin dipped to its lowest since September 2024 at $57,700 before recovering slightly, with $395 million in liquidations signaling bearish pressure. Traders on Deribit favor puts over calls, notably targeting a $50,000 put expiring in September, su...
