Bitcoin’s recent drop below key support may have been more than just a bearish breakdown. As price quickly recovers important levels and market structure remains intact on higher timeframes, the move could have been a classic fakeout designed to shake out weak hands before the next major rally begins. Bitcoin Fakeout Below Key Support May Have Trapped Weak Hands According to Cryptic Trades, Bitcoin’s recent price action involved a brief deviation below a critical high-timeframe support range, a move that aligns closely with the bottoming structure established in April 2025. This technical breach appears to be a calculated market maneuver, functioning primarily as a fakeout intended to flush out overleveraged positions, not long-term investors. Related Reading: Bitcoin Struggles Below Resistance While Fibonacci Support Comes Into Focus These recurring liquidity sweeps serve a specific purpose: they are designed to trigger long-side stop-losses before a more structural reversal can take
As Bitcoin (BTC) recovers from its recent drop below the $75,000 support, some market observers outline the key levels that will define the direction of the flagship crypto’s next major move. Related Reading: Dogecoin Millionaires Are On The Move Again, Here’s What They’re Doing Now Bitcoin Between Two Crucial Levels Over the weekend, Bitcoin fell roughly 4.5% amid geopolitical tensions, reaching a one-month low of $74,289 before recovering. On Monday, the leading cryptocurrency surged another 1.6%, jumping back above $77,000. Amid this performance, Ali Martinez outlined two crucial price levels that will determine whether BTC “launches into its next major expansion phase, or if it extends its current value reset to offer a premier buying opportunity.” The analyst explained that Bitcoin has been in a consolidation phase since the February crash, moving within a channel throughout this structural reset, allowing the market to build liquidity “before its next definitive move.” Notably, B
Aave V4 may add Babylon Trustless Bitcoin Vaults, enabling native BTC collateral through two proposed Spokes. Babylon Labs has submitted a Temperature Check to Aave DAO for a possible Aave V4 integration. The proposal seeks community input on adding Trustless Bitcoin Vaults, which would let users borrow against native BTC. The plan would use two […]
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Institutional interest and regulatory clarity could drive significant growth in crypto markets, potentially reshaping financial landscapes.
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Bitcoin price started a downside correction from the $78,000 zone. BTC is consolidating and might aim for a fresh increase if it clears $78,000. Bitcoin failed to stay above $77,500 and extended losses. The price is trading below $77,000 and the 100 hourly simple moving average. There was a break below a contracting triangle with support at $76,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $76,200 and $76,000 levels. Bitcoin Price Faces Resistance Bitcoin price failed to clear the $78,000 resistance zone. BTC started a downside correction from the $77,809 swing high and traded below $77,500. There was a move below the 23.6% Fib retracement level of the upward move from the $74,209 swing low to the $77,809 high. Besides, there was a break below a contracting triangle with support at $76,750 on the hourly chart of the BTC/USD pair. However, the bulls are active above $76,000. Bitcoin is now trading below $77,000 an
Wang Chun has a specific worry about Mars. Not whether humans can survive the journey, but whether anyone will bother to try. The founder of crypto mining pool F2Pool put his money behind that worry this week by purchasing a seat on SpaceX’s first crewed mission to the red planet. Related Reading: Bitcoin Pizza Day: […]
