The post BTC Price Prediction: $63K Stall Zone — $61K or $66K Next? appeared on BitcoinEthereumNews.com.
Caroline Bishop
Jul 09, 2026 07:08
Bitcoin is grinding in a tight decision zone around $63,000 with momentum completely flatlined and a macro structure that still points down. Either the bulls reclaim the 50-day SMA near $65,700 thi…
Market Context: Why BTC is Moving Now Bitcoin is caught in macro no-man’s land. Trading near $63,000 in early July 2026, the asset sits roughly 15% below its 200-day moving average — a level that has historically served as the long-term trend arbiter. This isn’t a correction phase anymore; it’s a prolonged compression, and the market is waiting for a catalyst to break the stalemate. Blockchain.news has tracked how Bitcoin’s narrative has shifted over the past quarter from euphoria-driven speculation to a sober, range-bound environment where macro headwinds and tepid spot demand have kept bulls from pressing the accelerator. The 24-hour
The post Bitcoin Holds Strong Amid Renewed Middle East Hostilities appeared on BitcoinEthereumNews.com.
Bitcoin has remained relatively strong as tensions erupted between the US and Iran over the last couple of days. Can the $BTC price hang on to support around the $62K level, or if attacks from both sides escalate, could this be what sends Bitcoin spiralling into a bear market bottom? $BTC price bounces back to $63K resistance Source: TradingView As expected, the $BTC price came back down, given its slightly overbought nature of the last day or two. Also, the price found good support on the top of the falling wedge, at horizontal support, and at the bull market trendline. After bouncing, the price has currently come up against the $63K horizontal resistance which is preventing further gains up to now. There will possibly be more sideways price action to come, unless of course events in the Middle East drag the U.S. stock market down, which in turn would likely take the $BTC price dow
Bitcoin spot ETFs posted a fresh net outflow on Wednesday as analysis said that their "most overwhelming" outflow streak had ended without a clear demand recovery.
Bitcoin has remained relatively strong as tensions erupted between the US and Iran over the last couple of days. Can the $BTC price hang on to support around the $62K level, or if attacks from both sides escalate, could this be what sends Bitcoin spiralling into a bear market bottom?
The post Deep Value, No Confirmation: Glassnode Shows Bitcoin Bottom Still Unproven appeared on BitcoinEthereumNews.com.
Five months underwater relative to what the average market participant paid. That is the uncomfortable reality for Bitcoin, which has spent nearly half a year trading below both the True Market Mean and the short-term holder cost basis. But price alone does not form a bottom. Glassnode’s latest on-chain report lays out why conventional deep-value signals are not enough right now—convergence across holder behavior, ETF flows, and derivatives remains absent. The contradiction is not academic. Long-term holders, who typically anchor market floors, are now the dominant source of realized losses. Their share of total loss-taking climbed from 15% in early February to 43% this month. Daily realized losses peaked at $280 million, a number not seen since the aftermath of FTX in December 2022. For traders conditioned to buy when long-term holders stop selling, that trend is a
The post Bitcoin price today Analysis: Fragile Recovery and Key Levels July 2026 appeared on BitcoinEthereumNews.com.
As of July 9, 2026, the Bitcoin price today sits at $62,852, reflecting a fragile short-term recovery within a still-broken macro structure. The Fear & Greed Index at 22 signals extreme fear, while geopolitical tensions and institutional uncertainty continue to weigh on sentiment. BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Key takeaways Bitcoin trades at $62,852 on July 9, 2026, stuck between a fragile short-term recovery and a broken daily structure. The Fear & Greed Index sits at 22 — deep in Extreme Fear territory — reflecting broad market anxiety. Daily RSI at 48.58 signals indecision, while the MACD histogram shows bearish momentum decelerating. Key resistance sits at $63,452 (daily R1) and $65,449 (EMA50); support rests at $61,979 (daily S1). Bitcoin dominance at 56.08% suggests capital is sheltering in BTC rather than flowing to altcoins. A
Strategy's BTC sale signals a shift in corporate Bitcoin strategies, potentially influencing future treasury management and market dynamics.
The post Strategy sells 3,588 BTC in its largest divestment since going all-in on Bitcoin appeared first on Crypto Briefing.
The post Is Bitcoin Bottoming? The On-Chain Data Says Almost appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) has seen notable volatility over the past few months, but on-chain data shows that the conditions for a bottoming process are in place. However, the confirmation signals that would mark a full recovery have not yet arrived. Glassnode says the decline has entered its later stages, yet several metrics must align before a durable turn can be confirmed. Bitcoin Bottoming Process Advances In its latest report, Glassnode said Bitcoin continues to exhibit characteristics of a late-stage bear market across multiple on-chain indicators. The firm noted that Bitcoin has traded below both the True Market Mean and the Short-Term Holder Cost Basis since early February 2026. Glassnode puts those levels at $76,600 and $72,200. The five-month discount ranks among the longest in Bitcoin’s history. “Prolonged accumulation at such a discount, where new capital is consistently deployed below the
SWC's Bitcoin-backed stock could redefine UK corporate finance, but BTC volatility poses risks to dividend stability and investor confidence.
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