Friday’s U.S. employment report triggered a wave of selling across the cryptocurrency market and Bitcoin, putting downward pressure on its price, which fell below the important psychological level of $70,000. After the data was released, Bitcoin’s price declined about 2.8-3%, reaching intraday lows around $69,000 — specifically near $69,430 — within a few hours. The
Bitcoin’s recent price action has already followed a warning we highlighted earlier. When the asset was trading close to $73,000, we noted that weakening momentum could push the price lower. Since then, Bitcoin has fallen sharply and is currently trading near $68,000 at press time. The move comes during a weekend session when liquidity is
Retail investors have been scooping up Bitcoin after it slipped below $70,000, but whale activity suggests the price could still head lower if past patterns repeat, according to crypto sentiment platform Santiment. “The moment Bitcoin hit $74k, these key stakeholders began taking profit,” Santiment said in a report on Friday. Santiment explained that whales —
Brian Dixon, CEO of cryptocurrency asset management company Off The Chain Capital, made striking statements about the future of Bitcoin and its role in global geopolitical risks during his appearance on Anthony Pompliano’s show. Dixon stated that Bitcoin is different from traditional technology stocks and functions as “war insurance” in the modern world. Dixon stated
Bitcoin $BTC$68,042.65 is firmly in the deepest phase of the bear market and the pain may worsen, according to CK Zheng, founder of crypto investment firm ZX Squared Capital. “Bitcoin’s price is convincingly in deep bear market territory now. We expect a further 30% price drop during 2026 as the Iran war started,” Zheng told
Bitcoin’s latest rebound to $74,050 on Thursday is running into immediate selling pressure as short-term holders move coins to exchanges in large volumes, suggesting the market’s most reactive cohort remains unconvinced by the recovery. On-chain data shared by CryptoQuant contributors indicates that traders who bought Bitcoin only weeks ago are now locking in gains rather
Bitcoin is testing the $70,000 level after briefly surging toward $74,000, as the market attempts to stabilize following a volatile period marked by geopolitical uncertainty and rapid price swings. While the recent rally helped restore short-term momentum, analysts are closely monitoring on-chain data to determine whether the move reflects a broader shift in market structure
Story Highlights $BTC has failed the $70k resistance due to systemic macroeconomic shocks. Heightened sell pressure among STH, and technical indicators indicate entrance into bear momentum. Upcoming fed news will determine future market movements. Following a three-day streak above $70K, Bitcoin ($BTC) has fallen below this resistance level, trading at $68,131 (down 3.96% in 24)
The Bitcoin price attempts a $74,000 breakout amid renewed ETF inflow and channel pattern formation. Bloomberg analyst Eric Balchunas suggests that the recent surge in Bitcoin is potentially driven more by resolved allegations of Jane Street’s market manipulation than by geopolitical tension, including Iran. The daily RSI (Relative Strength Index) slope at 52% indicates a
Bitcoin’s recent break above $70,000 is leading to questions of whether this is the start of a new impulsive leg higher or just another stop in a longer bottoming process. Crypto analyst CrypFlow, posting on X, laid out a technical case for why Bitcoin may be in the early stages of forming a major cycle