Bitcoin price faces growing downside risks after rejecting major resistance near $69,700. Weak bullish volume and loss of key support levels now raise the probability of a corrective move toward $62,000. Summary Rejection at $69,700 0.618 Fibonacci resistance confirms weakness Loss of Point of Control signals bearish short-term structure $62,000 support becomes next key downside
As Bitcoin tries to stabilize at $67,000, Michael Saylor, Chairman of Strategy, continues to demonstrate his trademark optimism on social media. In a new post on X, Saylor not only depicted himself carrying a large orange bag covered with Bitcoin logos but also added an intriguing caption suggesting he might need a “bigger” one. The
Cryptocurrency investors accused quantitative trading firm Jane Street of pressuring Bitcoin’s price with a daily, programmatic selloff at the US market open, but market analysts and data suggest the pattern is not consistent, and no single firm can force Bitcoin into a prolonged bear market. The claims surged online a day after Terraform Labs’ court-appointed
Bitcoin climbed back into its prior range, while the liquidation heatmap showed heavier liquidity bands waiting overhead. At the same time, the weekly chart put focus on the 200 week EMA, where the next close could shape the next move. Bitcoin Reclaims Range as Liquidity Bands Stack Overhead Bitcoin traded back near $68,320 on the
Bitcoin traded at $68,269 on Feb. 26, 2026, at 8 a.m. EST, pressing up against a stubborn resistance cluster that continues to dictate the short-term tone. The structure is constructive, momentum is attempting to pivot, and price is hovering in what seasoned traders would call a decision zone. Bitcoin Chart Outlook On the daily chart,
Bitcoin has just recorded its first green weekly candle after five consecutive red weeks. This move marks a notable recovery following a prolonged period of decline. Several analysts go further. They expect the bear market may have ended in February, and a more positive phase may have already begun. After months of heavy capital outflows
Story Highlights South Korea’s KOSPI index just broke past 6,000, up 175% in a year, while Bitcoin has lost half its value since October. Korean retail investors, once the most aggressive crypto buyers in the world, appear to be rotating capital into AI and semiconductor stocks. New legislation could force crypto influencers in South Korea
A viral claim is circulating on social media platforms like X and Telegram claiming that China is planning to launch a “Chinese Bitcoin” that is 10X cheaper and 10X faster than Bitcoin. The claim has created excitement and confusion, especially as China continues to work on digital currency projects. Therefore, Coinpedia decided to fact-check whether
After the nearly 7% surge staged by Bitcoin over the past day, analysts began to predict $BTC reaching the $75,000 territory in the near future. Among them are Michael van de Poppe and Ted Pillows. Bitcoin is currently trading at $68,200 after jumping to touch $70,000 briefly earlier today. Bitcoin is likely to head for