Where Does Bitcoin Go From Here? This Is What the Charts Say
Bitcoin just had its worst day since April. The death cross is in effect, and prediction markets are bearish.
CryptoPotato·
Bitcoin is far less active than in 2021, as institutional exposure grows through ETFs and funds.
Read full articleBitcoin just had its worst day since April. The death cross is in effect, and prediction markets are bearish.
Bitcoin’s correction below $70,000 has pulled its market dominance down to roughly 58% and pushed the Altcoin Season Index to 49, raising real questions about whether capital is rotating out of BTC and into altcoins, though the data does not confirm a full altseason yet. Bitcoin Dominance Slides as BTC Loses Ground Bitcoin dominance ( […]
Given the prolonged waning price action, the Bitcoin network is starting to feel this bearish pressure, leading to a sharp decline in activity across the network. After a period of downward performance, the level of activity and participation within the network has significantly dropped below levels seen in previous bull market cycles. How Bitcoin’s Network […]
Benchmark-StoneX analysts grew bullish towards Strive after the Bitcoin-buying asset manager padded cash reserves while growing its stockpile.
Ethereum is back at a point on its Bitcoin pair where the price action has always started to ask a dangerous question: is ETH still weak, or is it being priced for another rotation? A new ETH/BTC chart shared by crypto analyst BLADE shows Ethereum falling through 14 straight lower closes against Bitcoin, taking the pair below the same relative strength zone during its February low. The setup matters because the last visit to that area came at a moment of heavy pessimism around Ethereum. A few weeks later, ETH began to outperform Bitcoin, and the move eventually carried Ethereum above $2,450. Ethereum Returns To The Same ETH/BTC Buy Zone BLADE’s analysis focuses on the Ethereum/Bitcoin pair, where ETH has moved into a clear short-term breakdown against BTC after weeks of steady underperformance. The pair was trading above 0.0313 in April, but that level gave way as sellers continued to pressure Ethereum relative to Bitcoin. Related Reading: The Mistake Investors Are Making About Ethere
Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.
A market-stress gauge that has marked every bitcoin bottom for more than a decade is reading near 40%, a level reflecting meaningful pressure but stops short of the historical “maximum opportunity” zone. A Line That Keeps Marking Bottoms MorenoDV pointed to an onchain stress measure that he says has lined up with every major bitcoin […]
Polymarket trader disputes MicroStrategy Bitcoin market rules after a 49,695 YES-share bet worth about 35,000 USDC. A Polymarket trader has challenged the outcome of a MicroStrategy Bitcoin market after a large YES position turned into a loss. The dispute centers on whether the market asked if Strategy sold Bitcoin by May 31, 2026, or whether […] The post Polymarket MicroStrategy Bet Controversy: Trader Speaks Out on $35K Loss appeared first on Live Bitcoin News.