Bitcoin Bears Eye Lower Levels As TradingView Analysts Flag Failed Recovery
TradingView analysts warn Bitcoin's rebound may still be a resistance retest as BTC struggles beneath key technical levels.
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After Bitcoin’s decisive breakdown from a multi-month rising channel, the largest crypto is still under immense pressure. While buyers managed to defend the $60K support region and trigger a short-term rebound, the broader structure still favors the sellers unless BTC can reclaim several important resistance levels overhead. Bitcoin Price Analysis: The Daily Chart On the […]
Read full articleTradingView analysts warn Bitcoin's rebound may still be a resistance retest as BTC struggles beneath key technical levels.
Sixteen years ago today, Bitcoin’s creator, Satoshi Nakamoto, told a Bitcointalk user that losing coins was not a flaw in the system. It was a feature. The discussion happened 16 years ago today, on June 21, 2010, in a Bitcointalk thread called “Dying bitcoins.” A user had asked whether forgotten wallets meant the network would […]
Bitcoin bulls are watching the $63,500 support zone as traders map a potential squeeze toward the $67,000 area.
Gold posted its third straight weekly decline as a stronger dollar and a hawkish Federal Reserve overwhelmed an early rally tied to easing tensions between the United States and Iran. Spot gold opened the week near $4,214 per ounce on June 13. Prices climbed as high as $4,330 to $4,380 by midweek on optimism around […]
Michael Saylor says Strategy added more than 716,000 BTC after its 2022 balance sheet stress, pointing to a claimed $48B reserve buffer.
Bitcoin whales are absorbing record retail capitulation as supply in loss hits all-time highs, and a new $72K cohort is deep underwater. Bitcoin whales were the last ones standing when retail walked out. On-chain data now shows more than half of all BTC in circulation is sitting at a loss, an all-time high for the […] The post Bitcoin Whales Absorb Record Retail Selling as $72K Cohort Bleeds appeared first on Live Bitcoin News.
The current dynamic reflects protocol-driven activity, with high volume but low per-transaction value.
Adam Back says Strategy’s Bitcoin sale does not signal a shift from BTC. The company used 32 BTC to fund dividends while maintaining its strategy. Strategy later bought 1,550 BTC, reinforcing its long-term accumulation plan. Bitcoin developer and Blockstream CEO Adam Back has pushed back against criticism surrounding Strategy’s recent Bitcoin sale, arguing that concerns […] The post Adam Back Says Strategy Is ‘Not Going to Zero’ Amid Bitcoin Debate appeared first on Live Bitcoin News.