While the present levels of loss realisation are sufficient to indicate pronounced bear market conditions, they have yet to attain the severity necessary to establish a clear bottom. In the wake of significant selling pressure that drove bitcoin below $60,000 two weeks prior, analysts have pointed to on-chain data indicating potential seller exhaustion, a notion … Read more
Bitcoin price reached a two-week high on Monday following a U.S.-Iran ceasefire, alleviating one of the market’s most enduring macro concerns. This development propelled crypto-linked equities upward as traders prepare for what they consider the week’s significant challenge: Federal Reserve Chair Kevin Warsh’s inaugural FOMC meeting. Bitcoin price traded near $67,000, reflecting a 4% increase … Read more
Bitcoin climbed to its highest level in nearly two weeks after the US and Iran reached a deal to end hostilities and reopen the Strait of Hormuz, removing the energy-supply fear that had weighed on markets for months. The token traded around $65,844 on Monday, up 2.1% over 24 hours, after touching a low near … Read more
While on-chain data indicates a positive perspective, the conditions of demand and the expansion of net supply present a contrasting view. Historical on-chain data indicate that bitcoin might be approaching a bottom in this bear market; however, demand conditions suggest that the asset still has considerable distance to cover. According to this week’s report, the … Read more
Geoff Kendrick stated on Friday that the crypto market has reached its cycle low, with Bitcoin’s recent decline to around $59,000 indicating the lowest point of the current downturn — a 53% drop from its all-time high of $126,000 in October. “Winter is over. Welcome back to crypto spring,” Kendrick wrote in a Friday note, … Read more
The risk-off sentiment that impacted crypto throughout the week is now shifting. Bitcoin has returned to positive territory, with the catalyst being an unexpected easing of tensions in the Iran conflict. Bitcoin traded at $63,550 on Friday, reflecting an increase of 1.6% for the day and 1.4% for the week, according to data. Days earlier, … Read more
Bitcoin is currently positioned at a level typically seen only towards the end of bear markets, maintaining its stance even in the wake of the most intense U.S. inflation report in three years. Data indicate that BTC has declined towards its 200-week average, a significant four-year trend line closely monitored by long-term holders. The model … Read more
Bitcoin’s bounce from last week’s low is experiencing a downturn, and gold is following suit. BTC was priced at $61,233 on Wednesday, showing a 3% decrease over the last 24 hours and a 6.9% decline for the week. Meanwhile, gold saw a 2% drop, slipping under $4,200 an ounce. The market is betting on high … Read more
Bitcoin traded around $63,000 on Monday, recovering from a two-month low reached on June 5. A mix of challenges — spot ETF outflows, macro uncertainty, and capital rotation into artificial intelligence stocks — has driven the world’s largest cryptocurrency approximately 50% below its all-time high of $126,279, which was achieved in October 2025. The decline … Read more
Bitcoin price continued to find support above the $60,000 threshold. BTC has established a solid base, positioning itself above $61,200 as it embarks on a recovery wave. There was a surge past the $62,000 and $62,200 thresholds. Additionally, the BTC/USD pair experienced a breakout above a bearish trend line, encountering resistance at $61,500 on the … Read more