Bitcoin (BTC) Plunges Below $69K: Here’s Why It Could Get Even Worse Soon
Numerous analysts believe that BTC has not yet reached its cycle bottom.
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Ripple’s XRP remains under pressure against both the US dollar and Bitcoin, with the price action continuing to respect a broader bearish structure. The daily charts show the token trading below key moving averages while approaching important support zones that could determine the next major directional move. Ripple Price Analysis: The Daily Chart Against the […]
Read full articleNumerous analysts believe that BTC has not yet reached its cycle bottom.
XRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps.
Polymarket faces dispute after Strategy sold 32 BTC by May 31 but disclosed it June 1, dividing traders over when sales count in rules.
Crypto analyst Aralez has revealed that Bitcoin is entering an accumulation zone that could propel it to a new all-time high (ATH). The analyst signaled that BTC could rally to as high as $250,000 in the next bull market. Analyst Reveals Bitcoin Entering Major Accumulation Zone In an X post, Aralez stated that Bitcoin is near a major accumulation zone, with BTC following a similar script to past bear market cycles. He noted that the leading crypto saw losses of 87%, 84%, and 77.5% from its cycle highs in 2013, 2017, and 2021, respectively. Now, Bitcoin is down around 42% from its October 2025 high of $126,000. Related Reading: Bitcoin Is Still Following This Descending Channel Pattern And The Endgame Shows The Bottom The analyst’s accompanying chart showed that Bitcoin could bottom around $40,000 in this bear market before it then rallies to a new all-time high in the next bull run. The bottom is expected to happen between now and the start of next year. Meanwhile, the chart also sho
The defunct exchange still has about 35,000 BTC left to distribute, though the latest transfer does not show a sale.
The defunct Mt Gox exchange transferred roughly 10,608 BTC, worth about $953 million, to a new wallet, its first large-scale bitcoin movement in eight months and a shift that revived concerns over creditor repayments. The First Big Move in Many Months A Mt Gox-labeled cold wallet moved about 10,608 BTC, valued at roughly $953 million, […]
Strive's Bitcoin acquisition strategy enhances its market position, potentially influencing corporate treasury trends and cryptocurrency adoption. The post Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC appeared first on Crypto Briefing.
Peter Brandt, a trader long known for his blunt view of crypto, said many digital assets will end up as junk even as he singled out XRP as the strongest candidate for transactional use. The comment came during a Crypto Banter interview with Ran Neuner and drew quick notice after Neuner said he did not expect that answer. Related Reading: Bitcoin Bottom Not In Yet? Analyst Sees Higher Odds Of Drop Below $61K A Hard Turn In A Familiar Debate Brandt said XRP would be his top choice if the question was which coin had the best shot at becoming a working payment network. He also put Solana and Ethereum in the same group, but the XRP pick stood out because he has spent years taking shots at the token and at its supporters. His comments carried a split message. On one hand, he gave XRP credit for possible real-world transaction use; on the other, he said most cryptocurrencies will not survive in any meaningful way. That mix of praise and warning is part of what made the interview spread so qui