BTC trades below $60K as Deribit cites $1.2B in open interest and traders watch the 200-week moving average for support. Bitcoin fell near $59,357 on the Bitstamp daily chart, placing the $60,000 area back in focus. Traders are now watching historic support, options exposure, and weak momentum before any possible bull run. Bitcoin Tests 200-Week […]
The post BTC Losing Historic $60K Support Could Spark $1.2B Shock Before Bull Run appeared first on Live Bitcoin News.
Better Mortgage already has a waitlist open for a new home loan product that accepts Bitcoin and USDC as collateral, with plans to launch nationwide this summer and a projected loan volume of $250 million based on signups so far. Related Reading: Coinbase Targets Crypto Crime, Freezing $3M Linked To Scam Operations How The Product […]
The significant loss in shareholder value highlights the risks of heavy reliance on volatile assets, potentially prompting strategic shifts.
The post Bitcoin treasury companies lose $62B as Bitcoin slides this week appeared first on Crypto Briefing.
BlackRock's Bitcoin purchase amid market fear suggests a potential shift in institutional versus retail investor sentiment, impacting market dynamics.
The post BlackRock buys $47M worth of Bitcoin amid market fear appeared first on Crypto Briefing.
A kidnapping and Lamborghini carjacking tied to a theft of hundreds of millions of dollars in bitcoin are now central to a federal criminal case, highlighting the real-world dangers that can emerge from high-stakes cryptocurrency disputes. A Bitcoin Theft Became the Focus of a Violent Federal Case The U.S. Department of Justice (DOJ) said this […]
Bitcoin’s recent pullback has significantly flipped the sentiment across the market, with many predicting a more sustained downward performance toward the $60,000 price mark. Following this sharp decline, more investors are now underwater as BTC’s holders’ profitability strongly declines. Bitcoin’s Sharp Decline Leaves More Holders Underwater Given its persistent downward trend over the past weeks, […]
Veteran crypto analyst Bob Loukas says Bitcoin has entered the final stage of its current four-year cycle, but warned that the market may still need another leg lower before a durable cycle bottom is in place. In his latest “4-Year Journey” update, published on June 4, Loukas framed Bitcoin’s recent retest of its February lows as a largely expected development rather than a break from historical cycle behavior. He argued that Bitcoin’s rebound into May, when price approached the low-$80,000 range after a decline toward $60,000 in February, looked like a countertrend move inside a broader bear-market structure. “A cycle very rarely, and I mean less than 10%, probably more like 5%, will end very early and also on the first significant decline from the high,” Loukas said. “There’s always a retest. There’s generally always a lower low, at least one lower low, if not a second lower low.” Loukas said Bitcoin peaked in October and later broke below its 10-month moving average, which he treats
Bitcoin’s market structure is increasingly reflecting the growing influence of major investors, as institutional capital continues to shape price action, liquidity, and overall sentiment. Unlike earlier cycles driven largely by retail participation, today’s market dynamics are more closely tied to the behavior of large entities whose positioning can significantly impact short-term trends and long-term direction. How Capital Allocation Decisions Affect Bitcoin Performance Bitcoin’s recent volatility should be viewed through the lens of market cycles rather than short-term fear or speculation. In a post on X, crypto analyst EliZ mentioned that, at this stage, BTC appears to be driven more by capital flows and the decisions of larger investors than by retail investor sentiment. Sharp price movements, liquidation cascades, and the sudden shift in liquidity are all part of the game and often create the perception of significant market manipulation. Related Reading: Is Bitcoin’s Recent Dip P
Bitcoin (BTC) has been in a sharp downtrend over the past two weeks, facing steady declines as selling pressure, market volatility, and negative sentiment weigh on its price. During one of its recent market crashes, a crypto analyst noted that BTC had officially broken below a critical four-month support level, leaving the cryptocurrency in a precarious position. The expert now outlines what could happen next, and none of the scenarios suggested point to a fresh bull run—rather, Bitcoin may be headed for an even deeper bear market decline. Bitcoin Price Crash Breaks Key Support Crypto market expert Aralez announced in an X post on June 2 that Bitcoin had officially broken a critical four-month support level that had been holding its price steady. The latest decline saw the cryptocurrency lose more than 8% of its value in a single day, falling below $69,000. Related Reading: Bitcoin’s 4-Year Moving Average Shows Where The Market Bottom Lies Here Aralez explained that Bitcoin’s first g