In the current cycle, Bitcoin has experienced one of its most severe corrections, falling from the $80,000 area to $60,000 and causing a great deal of anxiety in the market. Bitcoin is extremely close to a potential breakdown However, one important on-chain metric indicates that Bitcoin may be getting close to levels that long-term investors
Bitcoin’s recent crash below $60,000 have put crypto trader believe the market is still far from its final bottom. Perhaps on-chain trader Winter Soldier says Bitcoin is still searching for a true bottom and could fall below $35,000 if selling pressure continues. Bitcoin is currently trading around $63,000, keeping investors cautious about a possible further
The financial landscape in 2026 has completely upended traditional narratives surrounding digital assets. For years, crypto proponents championed $Bitcoin as the ultimate “digital gold”—a safe-haven asset designed to thrive during macroeconomic instability and geopolitical turmoil. However, price action since the onset of the US-Iran war has told a starkly different story. Data highlights a massive
There is something peculiar in the way Bitcoin is moving right now. The Bitcoin price today is fluctuating around $63,228, a few thousand dollars above the recent low that broke through $60,000 for the first time since November 2024. There has been a rebound, technically evident. However, those with experience know that the most dangerous
A sudden bitcoin rebound torched roughly $320 million worth of short positions across the crypto market in just 15 minutes, as bearish traders were caught offside by a fast reversal off the year’s lows. Key Takeaways: About $320 million in crypto shorts were liquidated in 15 minutes as bitcoin rebounded toward $64,000. The squeeze followed
Bitcoin rebounded from a drop to $59.1k, defended the $60k level, and climbed to a local high of $64k. Even so, market conditions remained volatile. At press time, $BTC traded at $63,058 after gaining 2.03% over the past 24 hours. Trading volume rose 40% to $36 billion during the same period, pointing to renewed market
Bitcoin price recovered above $62,000 on Monday after last week’s selloff pushed the asset to about $59,100. The rebound briefly carried $BTC near $64,200 before sellers returned, leaving the market between long-term support and its first recovery barrier. At the time of writing, Bitcoin traded near $63,000, up 1.39% over 24 hours. Its daily range
Bitcoin is trying to recover after losing channel support, but analysts remain split on what the breakdown means. One chart points to a possible short-term bounce before deeper downside, while another questions whether the current structure is really a bear flag. Bitcoin Bounce May Be Short-Lived as Analysts Watch for Deeper Drop Toward $39K Bitcoin
Bitcoin has recovered more than $3,000 from its weekend low after buyers defended the $60,000 level, and a wave of short covering helped lift prices back above $63,000. According to CoinGecko data, Bitcoin traded near $62,700 on June 8 after briefly falling below $60,000 on June 6, its first break of the level since 2024.
Bitcoin climbed roughly 5% to around $64,000 on Sunday after U.S. President Donald Trump said Israeli Prime Minister Benjamin Netanyahu will have “no choice” but to accept a U.S.-brokered deal with Iran. Key Takeaways: Bitcoin reclaimed about $64,000, roughly 5% above its June 5 low near $59,100. However, just hours later, prices once again dipped