The Bitcoin Rainbow Chart predicts BTC could trade between $99,143 and $1.16 million by July 1, 2026, depending on valuation bands. Currently priced around $64,500, Bitcoin is below even the lowest projected level, indicating it is undervalued relative to its long-term trend. The chart categorizes price levels from extreme undervaluation to bubble territory, with Bitcoin needing a 422% gain to reach fair value and over 1,700% to hit maximum bubble levels. Despite recent gains, Bitcoin remains in a bearish trend with selling pressure dominant, though a short-term rebound is possible if buying momentum recovers.
The U.S. SEC has approved NYSE Arca's proposal to list the T. Rowe Price Active Crypto ETF, an actively managed fund that can hold a variety of cryptocurrencies including Bitcoin, Ethereum, XRP, Solana, Dogecoin, and Shiba Inu. This ETF aims for long...
The Bank of Japan and Federal Reserve meetings on June 15-17 could cause significant market volatility, especially for cryptocurrencies. The BOJ may consider a rate hike due to a weakening yen and rising import costs, while the Fed is expected to hol...
Bitcoin is currently retesting a critical resistance zone between $65,000 and $67,000 after breaking below a rising wedge pattern. Holding above this range could invalidate bearish signals and allow Bitcoin to continue its upward trend, targeting aro...
XRP exchange-traded products attracted over $10 million in inflows for the fifth consecutive week, contrasting with Bitcoin and Ethereum funds which faced significant outflows. This continued demand for XRP ETFs highlights growing institutional inter...
Bitcoin traded steadily around $64,399 with a modest 0.97% gain over the weekend, while Ethereum remained flat near $1,675. The crypto community is watching Bitcoin dominance at 56.6%, interpreting this stability as a sign of consolidation rather tha...
