Bitcoin continued to trade under pressure on Monday as weakening market participation and persistent exchange outflows reinforced a cautious outlook for the cryptocurrency. Despite a recent rebound from key support levels, technical indicators suggest that bulls still face significant obstacles before regaining control of the broader trend. The cryptocurrency traded near $62,854, remaining below its
Bitcoin continues to test investors’ nerves. While the price of the leading cryptocurrency slides toward local lows in the $62,400–$63,600 area, testing the important 200-week moving average, a powerful countertrend move is forming in the derivatives market. According to a fresh report from Glassnode, large players on the decentralized exchange Hyperliquid have launched a large-scale
Bitcoin is yet to recover from the prolonged market volatility, but selling pressure among long-time Bitcoin holders is easing as they become more willing to hodl their assets. According to data from crypto analytics platform CryptoQuant, selling activity among Bitcoin’s oldest holders has declined significantly as they appear to be growing more confident. It is
The leading cryptocurrency, Bitcoin, surged above $65,000 yesterday following positive developments from the US-Iran front and news of Strategy’s $BTC purchases. However, this rise was short-lived. $BTC fell to around $62,000 along with the declines seen in US stocks. While the risk of further declines for Bitcoin still remains, one analyst shared a bullish signal
Key takeaways Bitcoin remained under pressure after Iran announced that it would not permit inspectors from the International Atomic Energy Agency (IAEA) to access its damaged nuclear facilities, The leading cryptocurrency has dropped to the $62,300 level, down 3.5% in the last 24 hours. Bitcoin (BTC) continued to trade below the $63,000 level on Tuesday
Bitcoin remains trapped beneath a major resistance cluster after failing to sustain last week’s recovery. The latest price action has shifted back in favor of the bears, with $BTC breaking below its short-term rising structure and once again moving toward the lower boundary of its recent range. Bitcoin Price Analysis: The Daily Chart On the
Bitcoin is trading near $64,000, roughly mid-channel in the $57,000-$77,000 range that has defined the market since the Strait of Hormuz shock. Can-Luca Köymen, investment strategist at Sygnum, called the current setup a catalyst-light regime in a note: “Absent a decisive catalyst the path of least resistance is range-trading driven by positioning and flows rather
Bitcoin is testing a critical area near its 2024 halving level, with traders watching whether support holds or another sell-off begins. While Yoddha highlights a long-term buying opportunity near $38,500, Kaz expects Bitcoin to first target $62,300 and potentially fall toward the low $50,000s. Bitcoin Tests 2024 Halving Level as Trader Eyes Long-Term Dip Bitcoin
Nakamoto Inc. has closed its legacy healthcare clinics, ending patient-facing operations tied to the former KindlyMD business. The company said the clinics concluded operations on June 19, while remaining administrative work linked to the wind-down should finish in the third quarter of 2026. “With our healthcare clinics now closed, Nakamoto continues to be focused on
Bitcoin ($BTC) remains under pressure amid prolonged institutional selling, but Finbold’s AI Agent projects some potential upside for the world’s largest cryptocurrency by the end of June. Specifically, the machine learning algorithm projects an average Bitcoin price target of $63,900 for July 1. Looking at the press-time price of $62,230, the number implies a 2.54%