Bitcoin Bearish Flag Goes Up As Expert Analyst Predicts A Massive Crash To $44,000

Bitcoin is attempting to stabilize after a sharp pullback, but uncertainty remains the dominant market force. While key support levels are still holding and leaving room for a recovery rally, bearish signals remain present, raising the possibility that any short-term bounce could turn into a bull trap.  Retesting Key Rising Channel Support  According to Bitcoin Meraklısı, recent market volatility has forced Bitcoin to retreat to the rising trend channel that has defined its structure since February. This is a critical technical juncture, as the asset is currently testing this support line. For the moment, the defense remains successful, and Bitcoin continues to hold within the channel, suggesting that the structural integrity of the uptrend is still intact. Related Reading: Bitcoin At A Crossroads: Two Key Levels Will Define BTC’s Next Major Move, Analyst Says As long as this support level remains unbroken, there is no immediate cause for concern with the outlook. The primary objective

While Bitcoin is hovering around $73,000, a crypto trader says the current setup is “different from the previous breakdown in February.”

CME Group now offers nonstop trading for cryptocurrency futures and options, expanding regulated access for bitcoin and other digital asset derivatives. The change gives traders a way to respond to weekend, overnight, and holiday market moves through CME Globex. CME Group Expands Crypto Access With Around-the-Clock Trading CME Group announced on X on May 29 […]

The post Bitcoin faces $70K test as Hyperliquid’s stablecoin supply rises 8% – Capital rotation? appeared on BitcoinEthereumNews.com. Reading on-chain data at the right time can give investors an early edge. At the current stage of the cycle, timing matters more than ever. From a technical view, traders have wiped $10 billion+ from the market this week, dragging Bitcoin closer to $70k. With major liquidity clusters sitting on both the upside and downside, the next move could trigger a significant liquidity sweep in either direction. That said, several early indicators suggest bulls are gradually losing control. Bitcoin sentiment has dropped into extreme fear, a level that has historically signaled capitulation events. At the same time, more than 45% of short-term holders (STHs) are now underwater, increasing the likelihood of panic selling as market participants begin to test their conviction. Source: CryptoQuant Notably, the same trend is visible among U.S. investors.  According to Cr

The post Bitcoin Approaches ‘Crucial’ Reversal Zone as $72K Gets Closer appeared on BitcoinEthereumNews.com. Bitcoin (BTC) deepened six-week lows at Friday’s Wall Street open as US stock markets diverged to all-time highs. Key points: Bitcoin sinks closer to $72,000 as analysis eyes “crucial” BTC price levels. US-Iran ceasefire talks send stocks to even higher records as the crypto divergence continues. Bitcoin’s 100-day moving average gains significance as a battleground for bulls. BTC price analysis sees “crucial” range now in play Data from TradingView showed BTC/USD dropping to $72,395 on Bitstamp to start the US TradFi trading session. BTC/USD one-day chart. Source: Cointelegraph/TradingView Continuing a losing streak from recent weeks, the pair again saw downside pressure, even as stocks surged further into price discovery. The S&P 500 started Friday with new record highs, while the Dow Jones Industrial Average did likewise. S&P 500 vs. Dow Jones one-hour chart. Source: Cointeleg

Bitcoin slid to multi-week lows this week, dragged lower by record exchange-traded fund (ETF) redemptions and a broad pullback from risk assets. The price settled near $73,500 on Friday, down roughly 4% from where it opened the week above $77,000. To get a sense of where BTC might finish the year, Bitcoin News queried several […]

The post XRP news: Ripple-linked ETFs drew inflows last week as bitcoin, ether funds lost $2 billion appeared on BitcoinEthereumNews.com. XRP funds are getting the bid that bitcoin and ether ETFs are missing. U.S.-listed spot XRP ETFs posted $11.88 million in net inflows on May 29, extending a week of positive flows even as the larger bitcoin and ether ETF markets continued to lose capital, SoSoValue data show. Spot bitcoin ETFs recorded $125.31 million in net outflows on May 29, marking a 10th straight day of redemptions. Ether funds lost another $17.91 million, following $121.35 million of outflows the day before. XRP funds moved the other way. Bitwise’s XRP ETF led the group with $7.36 million of inflows on May 29, followed by Canary’s XRPC at $2.38 million and Franklin’s XRPZ at $2.14 million. Total net assets across the U.S. XRP ETF category stood near $1.12 billion, equal to about 1.37% of XRP’s market value, while cumulative net inflows reached $1.42 billion. The size is still s

The post Stellar (XLM) Price Cools After an 80% Rally—Consolidation Before the Next Breakout? appeared on BitcoinEthereumNews.com. The post Stellar (XLM) Price Cools After an 80% Rally—Consolidation Before the Next Breakout? appeared first on Coinpedia Fintech News Stellar (XLM) is outperforming the crypto markets, posting an 80% move in a short time and a mammoth rise in trading volume. The token also outperformed Bitcoin (BTC), leading by a staggering 33.7% in indexed performance over the past 2 days. Moreover, the XLM price, recording yet another 22.85% jump in the past 24 hours, … Source: https://coinpedia.org/price-analysis/stellar-xlm-price-cools-after-an-80-rally-consolidation-before-the-next-breakout/