Over the weekend, Bitcoin [$BTC] managed to bounce by 8.6% from $59.1k to $64.2k. After setting this local high on Sunday, the 7th of June, Bitcoin tested the same resistance zone around $64.2k the very next day. The bulls didn’t have any luck pushing the price higher since then. There is a chance of a
According to Grayscale’s latest research report, on-chain valuation metrics are showing that $BTC is trading below its long-term average at $60,000. This indicator is telling that $BTC is cheap, but not as much as previous cyclical lows during previous crashes like the FTX bear run in 2022. The company stated that the ongoing regulatory developments
Bitcoin’s demand structure has deteriorated sharply into late 2026. The combined growth of spot and perpetual futures demand has fallen toward -650,000 $BTC, a level reached only three times since 2019. This matters because weakness now extends beyond leveraged traders and into organic market demand. Historically, similar contractions appeared before major periods of instability. First,
On-chain data shows the RSI of the Bitcoin Stablecoin Supply Ratio (SSR) has dropped to a low of 13, a sign that the stablecoin supply is high relative to the $BTC market cap. Bitcoin SSR RSI Has Sharply Gone Down Recently In a new post on X, CryptoQuant analyst Maartunn has discussed the latest trend
Strive CEO Matt Cole and former Binance chief Changpeng Zhao, popularly known as CZ, have both voiced defiance against Bitcoin’s bearish momentum on Monday, even as the cryptocurrency trades roughly 50% below its October 2025 record high of over $126,000. CZ posted on X that “Bitcoin won’t be ‘dead’ for too long,” adding a reference
Venture capitalist Tim Draper has downplayed the potential threat quantum computing poses to Bitcoin. He has stated that traditional fiat systems and banks face a far greater, more immediate risk. Banks to fall first? The billionaire investor has stated that his Bitcoin holdings are “more secure” than fiat dollars kept in traditional banking institutions. Draper
In brief Bitcoin’s 50% drawdown from its $126,000 all-time high is its shallowest to date, compared to 2012’s 90% correction. Analysts point to ETF outflows and macro tightening as signs the bear market isn’t over. $60,000 and $55,000 to $45,000 are key levels to watch if selling pressure continues, Decrypt was told. Bitcoin’s price action
Bitcoin’s latest upward move has sparked debate among market participants, and some believe the rally may have little to do with the purchase announcement that received the most attention. While the acquisition is generally viewed as constructive for the broader market, it is not necessarily the type of development that would justify a significant upward