Bitcoin price started a recovery wave above the $77,000 zone. BTC is consolidating and might aim for more gains if it clears the $78,000 resistance zone. Bitcoin managed to form a base above $76,200 and started a recovery wave. The price is trading above $77,000 and the 100 hourly simple moving average. There is a…
Bitcoin (BTC) is trapped in its new consolidation band, holding between about $76,000 and $78,500. That range has now become the market’s near-term battlefield, with BTC roughly 38% below its all-time highs. While this sideways action may appear stable, a new CryptoQuant report argues that miners themselves don’t yet believe the market has fully reached…
Bitcoin continues to show resilience despite mounting bearish pressure below the critical $78,800 resistance zone. While short-term volatility and repeated rejections have slowed bullish momentum, the broader market structure still indicates an active uptrend, as buyers continue to defend key support levels and position for another potential rebound. BTC Finds New Support Around The $77,000…
A crypto analyst is urging traders and investors to keep a close eye on a bearish Order Block (OB) level on the Bitcoin (BTC) price chart. According to the expert, this OB level sits within a critical zone near $90,000, which could determine BTC’s next directional move, with the cryptocurrency either continuing to the upside…
The Bitcoin weekly chart has printed a red candlestick in a way that has quietly preceded some corrections. This candlestick appears in the numbers: in the open, the push, the rejection, and the close. That is exactly what happened last week. The candle that formed has now drawn the attention of an analyst who has…
Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain. Kevin O’Leary Praises Stablecoins Over Bitcoin In an X…
Bitcoin price started a recovery wave above the $76,800 zone. BTC is consolidating and might aim for more gains if it clears the $78,300 resistance zone. Bitcoin managed to form a base above $76,000 and started a recovery wave. The price is trading above $77,200 and the 100 hourly simple moving average. There was a…
The US-Iran war continues to linger with the two countries yet to reach a deal, and US President Donald Trump is threatening new strikes against Iran. Amid this, Iran has moved to launch a Bitcoin-backed service as it looks to assert control over the Strait of Hormuz. U.S.-Iran War In Focus Amid Trump’s Threat and…
Wintermute said Bitcoin’s latest rally has failed its first major macro test, arguing that the move was driven more by leverage and short covering than by durable spot demand. In its May 18 market update, the trading firm pointed to hot inflation, rising Treasury yields, ETF outflows and renewed rate-hike pricing as the backdrop behind…
Bitcoin price started a fresh decline below the $76,800 zone. BTC is consolidating and might struggle to stay above the $76,000 support. Bitcoin failed to stay above $77,000 and extended losses. The price is trading below $77,200 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200…