Bitcoin is trading near $74,000 as significant leverage clusters form around $72,000 and $76,000, indicating potential liquidation zones if price moves sharply. The price recently dropped from the $77,000-$78,000 range and stabilized near $74,000, moving sideways between these liquidity zones. Bitcoin is also testing its bull market support band, with major weekly moving averages rising below the current price, suggesting support near $68,900 to $61,600. Analysts expect Bitcoin to trade between $60,000 and $80,000 in the near term as it navigates these key levels.
Bitcoin has fallen about 3% over the past week to around $73,800, influenced by geopolitical tensions and ongoing capital outflows from Bitcoin spot ETFs totaling nearly $3 billion since mid-May. Analyst Michael van de Poppe highlights $71,000 as a c...
Bitcoin ETFs have experienced ten consecutive sessions of capital outflows, with $125.31 million withdrawn recently, and Ethereum ETFs have seen 14 sessions of net withdrawals totaling $17.91 million. Despite these outflows, investors are not exiting...
Bitcoin fell about 3.75% this week, marking its third consecutive weekly loss as it failed to break above the $77,300–$78,000 resistance zone. Ongoing US-Iran negotiations remain unresolved, keeping market risk elevated, especially around the strateg...
Robert Kiyosaki cautions investors that buying bitcoin, gold, or silver based on hype can lead to losses, emphasizing the need for disciplined investing and tracking cash flows. He challenges the notion that U.S. bonds are always safe, noting major h...
Ethereum's network-wide 8-hour average funding rate stands at 0.0035%, indicating a slight preference for long positions in perpetual futures markets. This positive but modest rate suggests mild bullish sentiment, though it also highlights the risk o...
