CryptoPotato·
After Bitcoin’s decisive breakdown from a multi-month rising channel, the largest crypto is still under immense pressure. While buyers managed to defend the $60K support region and trigger a short-term rebound, the broader structure still favors the sellers unless BTC can reclaim several important resistance levels overhead. Bitcoin Price Analysis: The Daily Chart On the […]
Read full articleSixteen years ago today, Bitcoin’s creator, Satoshi Nakamoto, told a Bitcointalk user that losing coins was not a flaw in the system. It was a feature. The discussion happened 16 years ago today, on June 21, 2010, in a Bitcointalk thread called “Dying bitcoins.” A user had asked whether forgotten wallets meant the network would […]
Bitcoin bulls are watching the $63,500 support zone as traders map a potential squeeze toward the $67,000 area.
Gold posted its third straight weekly decline as a stronger dollar and a hawkish Federal Reserve overwhelmed an early rally tied to easing tensions between the United States and Iran. Spot gold opened the week near $4,214 per ounce on June 13. Prices climbed as high as $4,330 to $4,380 by midweek on optimism around […]
Michael Saylor says Strategy added more than 716,000 BTC after its 2022 balance sheet stress, pointing to a claimed $48B reserve buffer.
Bitcoin whales are absorbing record retail capitulation as supply in loss hits all-time highs, and a new $72K cohort is deep underwater. Bitcoin whales were the last ones standing when retail walked out. On-chain data now shows more than half of all BTC in circulation is sitting at a loss, an all-time high for the […] The post Bitcoin Whales Absorb Record Retail Selling as $72K Cohort Bleeds appeared first on Live Bitcoin News.
The current dynamic reflects protocol-driven activity, with high volume but low per-transaction value.
Adam Back says Strategy’s Bitcoin sale does not signal a shift from BTC. The company used 32 BTC to fund dividends while maintaining its strategy. Strategy later bought 1,550 BTC, reinforcing its long-term accumulation plan. Bitcoin developer and Blockstream CEO Adam Back has pushed back against criticism surrounding Strategy’s recent Bitcoin sale, arguing that concerns […] The post Adam Back Says Strategy Is ‘Not Going to Zero’ Amid Bitcoin Debate appeared first on Live Bitcoin News.
Bitcoin analysts are split as BTC shows buyer demand but still faces a resistance ceiling near the $64,000–$65,000 area.
