Bitcoin Bears Eye $60,700 Target As BTC Rejects Key Resistance
Bitcoin rejected the $64,500-$64,700 resistance zone, with one analyst watching $62,200 and $60,700-$61,000.
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Strive reportedly bought 759 BTC at about $65,850, lifting its Bitcoin holdings to 19,864 BTC.
Read full articleBitcoin rejected the $64,500-$64,700 resistance zone, with one analyst watching $62,200 and $60,700-$61,000.
Bitcoin volatility remains in focus as traders track leverage risk and liquidation-driven moves around the $65,000 area.
Bitcoin’s futures market saw a sharp leverage reset as BTC Open Interest fell 19.5%, outpacing the price decline. The pullback from $26.0 billion to $20.89 billion suggests traders reduced exposure, shifting attention toward spot demand. Leverage Reset Shifts Focus to Spot Demand Bitcoin’s futures market has undergone a sharp leverage reset. Traders are now watching […]
Strive has purchased 759 Bitcoin for roughly $50 million, recording its largest weekly acquisition in months and surpassing Strategy’s latest BTC purchase. According to a June 22 Form 8-K filed with the U.S. Securities and Exchange Commission, the Dallas-based Bitcoin…
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