Bitcoin (BTC) is down to around $73K amid ETF outflows and geopolitical tension. Over $2B in ETF outflows and $900M liquidations added selling pressure. The key support sits at $72,650 with RSI near oversold levels at 34.82. Bitcoin slipped below the $73,000 level as a combination of geopolitical escalation, heavy ETF redemptions, and large institutional
Bitcoin slipped below $75,000 for the second time in May, touching an intraday low near $74,200 as the market’s recovery from spring lows lost momentum again. The first break came on May 23, when spot ETF outflows and forced liquidations pulled $BTC to below $75,000. Then, amid a sell-off in Asian markets, Bitcoin has dipped
Bitcoin is facing a mixed market setup as exchange reserves fall to rare lows while short-term price indicators and holder profitability remain weak. Bitcoin exchange reserves have fallen to 2,666,753 $BTC, according to CryptoQuant data shared by thechessONCHAIN. The last comparable reading came on August 31, 2019, when Bitcoin traded near $9,430. Bitcoin now trades
Bitcoin [$BTC] has been written off many times over the years, but the top crypto has always bounced back. In fact, weak phases often reveal where else traders are looking. Interestingly, right now, activity in smaller altcoins is starting to pick up! Bitcoin has survived 472 death calls since 2011! Bitcoin has been called “dead”
A prominent cryptocurrency whale associated with BIT (formerly Matrixport) has initiated a highly leveraged long position on Bitcoin, adding 500.01 BTC worth approximately $36.4 million at current prices. The trade, executed with 20x leverage, was identified by blockchain analytics platform Lookonchain, which flagged the activity as originating from a new wallet address linked to the
Bitcoin is sitting near a key support test as analysts split between deeper accumulation zones and a possible bearish flag breakdown. A hold above $72,000 could keep $BTC inside the range, while a clean break lower could bring the $60,000, $45,000, and $35,000 zones back into focus. Bitcoin Chart Marks $60K, $45K and $35K Accumulation
While many traders expect the CLARITY Act to spark a major Bitcoin rally, Brian Dixon says the market may not react immediately. Speaking alongside Grant Cardone at the 10X Conference, Dixon said, “The day after, I don’t think it does much,” referring to Bitcoin’s short-term price action if the bill passes. Instead, Dixon argued that
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Bitcoin price started a fresh decline below the $75,500 zone. $BTC is consolidating and might struggle to stay above the $74,000 support. Bitcoin failed to stay above $76,000 and extended losses. The price is trading below $75,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $74,850
Garrett Jin, the founder of the now-defunct cryptocurrency exchange BitForex, has significantly increased his leveraged Bitcoin long position, according to on-chain data from Onchain Lens. Jin’s position now stands at 1,268 BTC, valued at approximately $94 million, with 5x leverage. The development raises fresh questions about the financial activities of an individual linked to one