Bitcoin recently fell below a key channel support, prompting mixed analyst views on its next move. Some charts suggest a short-term bounce between $67,000 and $77,000, but this may be a temporary correction before a larger decline toward $39,000 or even $23,000. Another analyst questions if the current price action truly forms a bear flag, noting slower selling pressure compared to past breakdowns. Traders are closely watching whether Bitcoin can reclaim its former support or if further downside momentum will push prices lower, influencing whether the market enters a deeper selloff or a consolidation phase.
Bitcoin has dropped 50% from nearly $120,000 to $60,000 due to a combination of the Iran-Israel war, the upcoming SpaceX IPO draining liquidity, and forced liquidations in derivatives markets. This selloff wiped out trillions in crypto value and trig...
Since the US-Iran conflict began, tech stocks like the Nasdaq 100 have surged over 20%, while major cryptocurrencies such as Bitcoin and Ethereum have declined, with Ethereum dropping 13%. This divergence highlights that crypto is not acting as a saf...
Bitcoin recovered from a dip below $60,000 to reach a local high of $64,000, driven by increased trading volume and active market participation. A notable Bitcoin whale bought 1,656 BTC near $59,734 and sold two days later on Binance, securing about ...
JPMorgan analysts highlight that the crypto market sentiment in the second half of 2026 will hinge on how Strategy manages its Bitcoin holdings and whether the CLARITY Act passes. Strategy's recent Bitcoin sales caused market uncertainty, prompting J...
CME Group has introduced bitcoin volatility index futures linked to the CME CF Bitcoin Volatility Index, allowing traders to speculate on expected four-week bitcoin price fluctuations rather than price direction. The first trades were made by Monarq ...
