Category: Bitcoin News

Bitcoin Price Sinks to New Weekly Low, Bulls Lose Key Support

boss

Bitcoin price failed to stay above $66,000 and dipped further. BTC is now consolidating losses and might struggle to recover above $66,000. Bitcoin started a fresh decline and traded below the $66,000 support. The price is trading below $65,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $66,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $63,500 and $63,200 levels. Bitcoin Price Breaks Key Support Bitcoin price…

Beyond Bitcoin: Arizona Bill Includes XRP and Digibyte in New Strategic Fund Proposal

boss

The Arizona State Legislature has advanced a bill to create a digital assets strategic reserve fund, which would hold seized or surrendered cryptocurrencies such as bitcoin and XRP. Management and Investment Oversight The Arizona State Legislature recently advanced a bill to establish a Digital Assets Strategic Reserve (DASR) fund, notably naming XRP and BTC among […] Original

Bitcoin price risks drop to $60,000 as bearish market structure holds

boss

Bitcoin price remains under pressure after rejection at range mid-resistance near $68,000, increasing the probability of a corrective move toward $60,000 support. Summary Bitcoin rejected key range mid-resistance near $68,000, maintaining bearish structure Weak volume confirms relief bounces lack bullish conviction Price has higher probability of rotating toward $60,000 range low support Bitcoin (BTC) price action continues to show signs of structural weakness following a rejection from the midrange, reinforcing the ongoing bearish market environment. After attempting to stabilize within the broader range, Bitcoin failed to reclaim a key resistance…

Bitcoin dips under $64.5k as $500M liquidations hit 140k traders

boss

Summary Bitcoin briefly dropped below $64.5k, erasing weekend gains and sending the Crypto Fear & Greed Index back into extreme fear.​ Around 140k traders were liquidated, with total wrecked positions nearing $500M; the largest single hit was a $61.5M BTC long on HTX’s BTC/USDT pair.​ Machi Big Brother was partially liquidated on his ETH longs but still holds 1,700 ETH (~$3.2M) with a liquidation price near $1,819, after losses topping $28.8M. Bitcoin (BTC) dropped to its lowest level in more than two weeks during early trading hours, triggering widespread liquidations…

Bitcoin risks 2018-style crash if 200-week EMA breaks, warns analyst

boss

Bitcoin trades near 200-week EMA; loss of support could spark 30–60% capitulation. Summary Bitcoin trades around $68.4k, above the ~$68.3k 200-week EMA that marks the key cycle support line. In 2018 and 2022, a weekly close below the 200-week EMA followed by a failed retest turned it into resistance and led to sharp selloffs. Analyst Rekt Capital says multiple weekly closes above the EMA keep downside “unconfirmed,” but a breakdown from this level could again trigger accelerated capitulation. A cryptocurrency analyst has warned that Bitcoin (BTC) could experience a significant…