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Bitcoin has pushed into a major resistance zone, where whale sell walls and Fibonacci targets now meet around the same area. Two separate charts show the market testing overhead supply near $69,000, while support at $67,467 may decide whether the move continues or fades. Bitcoin Faces Heavy Sell Wall Near $69,000 as Whale Order Book
Bitcoin spent the past 24 hours returning to the key levels on my channel map rather than continuing its breakout. It tested a boundary, failed to convert that test into acceptance, and rotated lower into the next pocket of support memory. Bitcoin price slid from the upper $68,000s and low $69,000s to around $66,400 by
ColinTalksCrypto, a well-known analyst in the cryptocurrency world, evaluated Bitcoin’s current price movements and potential future lows in his latest video. Contrary to the general optimism in the market, the analyst painted a rather pessimistic picture, arguing that Bitcoin has not yet reached its true “bottom.” Colin points out a “Bear Flag” formation on the
A recent paper by the Bitcoin Policy Institute on Taiwan opens with a familiar argument that the country’s reserves are overconcentrated in dollars. Gold underperforms its potential, and Bitcoin could complement both. Readers who stop there miss the more consequential claim buried in the blockade-and-invasion framework on pages 5 through 7, where the paper is
The recent Bitcoin pullback may be part of a historical trend that has always played out during midterm years. While most Bitcoin investors have blamed the latest Bitcoin drop on President Trump’s recent speech concerning the Iran conflict, Benjamin Cowen believes Bitcoin may simply be following a pattern that has appeared many times during U.S.
On Thursday, just before 10 a.m. Eastern time, bitcoin traded between $65,725 and $66,230 over the last hour, within a 24-hour range of $65,934 to $69,074. Market cap held above $1.31 trillion while volume came in at $45.26 billion. Bitcoin Chart Outlook On the daily chart, bitcoin is consolidating inside a longer-term downtrend. Price has
Bitcoin continues to navigate a fragile corrective phase, as traders weigh weakening momentum against key technical levels. Price action on the daily chart shows a market struggling to reclaim strength after a sharp decline. Consequently, short-term bounces lack conviction, while broader signals still favor downside pressure. Market participants now focus heavily on critical support and
Although the sharp drop of approximately 50% in the price of Bitcoin (BTC) created the expectation in traditional financial circles that “weak hands” would withdraw from the market, the data shows the opposite. Appearing on Natalie Brunell’s “Coin Stories” program, Bloomberg’s veteran analyst James Seyffart argued that Bitcoin ETF investors weathered this storm with unexpected
President Donald Trump’s renewed aggressive posturing toward Iran has pushed bitcoin lower by roughly 2% over the past 24 hours to $67,000. While this price action is consistent with routine volatility, beneath the surface, market structure looks fragile. This is mainly due to flows in the Deribit-listed options market, specifically, a build-up of defensive positioning