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A crypto analyst has shared a detailed forecast outlining when Bitcoin could regain bullish momentum and climb back toward $100,000. The expert mapped out the asset’s expected monthly price targets throughout 2026, highlighting periods of sharp sell-offs and a potential recovery phase. While some months point to extreme price declines and market uncertainty, the forecast suggests Bitcoin may gradually rebuild strength and enter a fresh uptrend that could push it back toward six-figure territory. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy Bitcoin Price Forecast From June To September 2026 In an X post published on June 3, crypto market analyst Aralez presented his outlook for Bitcoin in 2026, detailing where he believes the leading cryptocurrency could trade throughout the year. The analyst noted that BTC is still in a strong bear market until a final bottom is reached. According to him, both the second quarter (Q2) and third quarter (Q3) are likely to remain bearish, with Bitcoin set for further declines. At the time of writing, Bitcoin is trading near $60,000 after shedding more than 17% over the past week. During this period, BTC has struggled under mounting selling pressure, weakening market sentiment, and broader geopolitical uncertainty tied to the ongoing US-Iran conflict. Aralez believes this downturn may not be over, forecasting that Bitcoin could finish June with a major bearish sweep toward the $60,000 level. Supporting his bearish stance with a well-detailed chart, the analyst expects an even steeper decline for Bitcoin in July. He predicts that BTC could fall to as low as $53,000, marking a drop of more than 11% from the $60,000 support area. Aralez described the projected move as a major bear trap, where traders are lured into expecting a prolonged breakdown before the market eventually reverses to the upside. Drawing from this, the crypto expert sees the possibility of a short-lived relief rally by August. He predicted that Bitcoin could rebound into the $65,000-$68,000 range, though that move may end up becoming a significant bull trap, as the analyst’s outlook for next month points to another sharp decline. Notably, Aralez’s October forecast appears to mark the end of Bitcoin’s bearish cycle. The analyst projects a final market bottom near $46,000, a level representing a decline of more than 23% from Bitcoin’s current price of near $60,000. According to his projection, this capitulation event could set the stage for a broader market recovery later in the year. BTC Recovery Plan Targets $100,000 By December  For all of Q4 2026, Aralez forecasts a strong recovery for Bitcoin, with prices potentially climbing back toward $100,000. He predicts this rebound to begin in October, with the price officially breaking out of its current downtrend and steadily moving upward. Related Reading: XRP Monthly RSI Drops To All-Time Low As Market Watches For Confirmation By November, Aralez projects Bitcoin could rally above $85,000, a level that would confirm a renewed bull market. After clearing this resistance, stronger bullish momentum could extend into December, with the analyst suggesting a possible move toward the $100,000 psychological level, representing roughly a 65% gain from current levels.  Featured image from Unsplash, chart from TradingView

#bitcoin #btc price #bitcoin price #btc #bitcoin news #rsi #btcusd #btcusdt #btc news #relative strength index #lennaert snyder #kamile uray

Bitcoin is facing a pivotal moment after a sharp market-wide selloff dragged prices toward a major support level. As bearish momentum begins to slow and signs of buyer interest emerge, the coming days could reveal whether this zone becomes the foundation for a rebound or the gateway to a deeper correction.  Bitcoin Loses Previous Monthly Low As June Begins Analyzing Bitcoin’s outlook for June, Lennaert Snyder observed that BTC started the month by breaking below the previous month’s low, a development that has weakened the near-term technical picture. In his view, this early loss of support makes a move toward the prior monthly high near $82,800 significantly less likely. Related Reading: Bitcoin’s Market Structure Reflects The Influence Of Major Investors The analyst explained that monthly clearout candles are relatively rare occurrences, reducing the probability of Bitcoin reclaiming higher levels in the short term. Attention is now shifting toward a major support zone that could influence market direction throughout the remainder of the month. Snyder also noted that the recent selloff left behind considerable liquidity, creating an environment where prices could become increasingly volatile. As Bitcoin trades within this broader support range, he expects periods of consolidation and choppy price action, along with occasional relief rallies. Moving forward, the analyst intends to closely track price behavior for potential intraday opportunities and liquidity-driven setups. He added that another sharp downside sweep could trigger additional long liquidations, generating fresh trading opportunities. BTC Faces Its Biggest Test Yet At $60,000 Kamile Uray noted that Bitcoin suffered a sharp decline alongside the broader financial markets, bringing the cryptocurrency back to the closely watched $60,000 level. The analyst emphasized that this area has long been considered a major support zone, and a stronger buyer response here could spark a corrective rebound following the recent selloff. Related Reading: Bitcoin Recovery Rally Or Bull Trap? These Key Levels Hold The Answer Uray also pointed out that the Relative Strength Index (RSI) remains in oversold territory on both the daily and 4-hour timeframes. Such conditions indicate that bearish momentum may be weakening, increasing the possibility of a short-term recovery. According to the analyst, the formation of candles with long lower wicks would be an encouraging sign that demand is emerging at current levels. In the event of a rebound, the first resistance to watch sits around $67,500, followed by the more significant $74,000–$75,000 zone. However, Uray cautioned that the risk of further downside will remain until Bitcoin can establish sustained strength above $74,569. Currently, the $60,000 level remains the key line of defense for the bulls. A decisive break below this support could expose Bitcoin to a deeper decline toward the $55,000–$50,000 region. On the upside, if momentum continues to improve, key resistance levels are at $74,569, $82,885, $98,000, and the $107,000–$109,000 area, with the latter expected to act as a major barrier to further gains. Featured image from Getty Images, chart from Tradingview.com

#bitcoin #federal reserve #ai #analysis #inflation #fed #featured #macro

For the better part of two years, Wall Street has treated AI as the most bullish trade on the board, a growth engine that turbocharges earnings, underwrites stretched valuations, and promises a productivity windfall somewhere down the road. However, the Fed has access to the same numbers and seems to be more inclined to treat […]
The post AI’s $800 billion spending boom is becoming Bitcoin’s Fed problem appeared first on CryptoSlate.

#bitcoin #btc price #binance #bitcoin price #btc #bitcoin news #btcusdt #bitcoin bears

The Bitcoin price faced overwhelming bearish pressure this past week, but it appears that this bearish story has been building up for much longer than was apparent in BTC’s previous price action. According to a recent on-chain analysis, the Bitcoin price has been under sell pressure on the largest cryptocurrency exchange for more than a week. Binance Bitcoin Inflows Signal Sell Pressure For 48 Consecutive Days In a recent QuickTake post on CryptoQuant, a pseudonymous on-chain analyst, Crazzyblockk, revealed an ongoing streak of Bitcoin selling on Binance, the world’s leading crypto exchange by trading volume. The relevant indicator referenced in the post was the “BTC Exchange Net Flow Indicator (IE-Adjusted, 7D MA)” metric.  Related Reading: Are Institutions Crashing The Bitcoin Price On Purpose? Here’s What People Are Saying The on-chain metric tracks the 7-day average net amount of Bitcoin entering or leaving Binance, excluding internal wallet transfers. It, thus, indicates whether users are predominantly depositing BTC (sell pressure) or withdrawing BTC (accumulation).  According to Crazzyblockk, the stream of bearish pressure that has lasted the past 48 days on Binance began as mild selling on April 19. On May 28, however, readings from the metric escalated into territory that connotes strong sell pressure for Bitcoin, and has remained the case since.  Crazzyblock highlighted that during this 48-day period, Binance reserves have risen from 619,529 to 659,488 BTC, representing approximately 39,958 BTC in growth. Notably, the crypto analyst pointed out that June 2 saw the highest level of sell pressure, as reflected in the daily adjusted net inflow’s peak of +8,791 BTC and the 7-day moving average’s rise to +0.844. Binance Bear Pressure Not Whale-Driven In an interesting turn of events, Crazzyblockk highlighted that both the Bitcoin sell pressure on Binance and the 7-day Moving Average have declined from their recent summits. “By June 5, the daily adjusted inflow had pulled back to +1,679 BTC and the 7D MA had compressed to +0.691,” the analyst noted Also worth noting is the average participation of Bitcoin’s whales during this 48-day bear period. As Crazzyblockk stated, whales accounted for an average of 46.76% of Binance inflows, with a range of 34.96% to 65.95%. This, explained the on-chain analyst, is not typical of institutional distribution events. As such, the crypto pundit concluded that Binance inflows are unlikely to be primarily driven by BTC’s large players.   Crazzyblockk pointed out that there was recently an accumulation signal (seen on March 14), which preceded the 48-day sell streak that played out. Given that both the 7D MA and daily flows have begun to decline, the market is in an uncertain phase. It remains to be seen whether this concurrent decline in selling pressure is a genuine reversal or merely a temporary break in the broader distribution. Crazzyblockk concluded that the answer, and perhaps BTC’s next direction, lies in the next several sessions on Binance. As of this writing, the Bitcoin price stands at around $61,073, down 0.9% over the past day. Featured image from iStock, chart from TradingView

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The Bitcoin price recovery back in May 2026 triggered a renewed wave of bullish optimism. But despite the rising prices, there are some who did not give in to the bullish wave, picking a more conservative stance on the cryptocurrency. With the new month, those who refused to flip bullish look to have come out on top as the Bitcoin price has reversed. However, some analysts are predicting that this might only be the start of the decline. Bitcoin Price Could Be Getting Ready To Fall To New Cycle Lows According to crypto analyst Xanrox, the Bitcoin price crash was expected, given that the cryptocurrency has entered one of the most brutal bear markets in recent history. One very bearish development is the fact that the Bitcoin price has now fallen below two major channels. Related Reading: The Last Time Ethereum Did This Against Bitcoin, It Exploded Above $4,000 These channels include a descending channel, which was broken with the fall below $71,000. Then, the other broken channel is an ascending channel, broken at almost the same time as the descending channel. The result of these two channels being broken, the analyst explains, is a double breakdown. The thing about double breakdowns is that they are extremely bearish and often suggest that the crash is just starting. With the Bitcoin crash already in motion, the crypto analyst expects that the price will continue to go lower. Despite there being significant support around the $60,000 level, which has served as the psychological support this cycle, the analyst does not believe this level will hold. Instead, they suggest holding off buying as the price is expected to drop to $48,000, with a strong possibility of a crash to the $40,000-$30,000 levels. What Investors Should Watch Out For Presently, there is a major outflow happening in the crypto market, and Bitcoin, being the leading cryptocurrency, has taken the highest hit. The bear market has also pushed a significant number of users out as they move toward cash in a market that seems to offer nothing but losses. Related Reading: Pundit Shares Why Most People Will Miss The XRP Run Xanrox also suggests that the banks are now controlling the Bitcoin price. According to the post, the banks could push the price down 20% in a single day once they start selling on futures. This would put major stress on investors as retail traders are liquidated en masse. In this case, losses were expected to be amplified as the market made its final downward move. Nevertheless, there is the possibility that bulls will put up a major fight at $60,000, since it is the cycle’s swing low. Featured image from Dall.E, chart from TradingView.com

#bitcoin #price analysis #altcoins

Crypto markets are back in panic mode after Bitcoin price plunged toward the $60,000 level, wiping out weeks of gains and dragging the total crypto market capitalization toward a critical support zone near $2 trillion. With more than $1.85 billion in liquidations, Bitcoin ETF outflows nearing $10 billion, and the Crypto Fear & Greed Index …

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Bitcoin, Ethereum, and USDT could soon become the only cryptocurrencies available to most retail investors in Russia. The country’s central bank is backing a new framework that would restrict non-qualified investors access to other digital assets, which will come into effect by next year.So buying Solana, XRP, Cardano, or other altcoins in Russia may soon …

#bitcoin #bitcoin etf

Investor sentiment is dampened by economic uncertainty, potentially impacting broader financial markets and digital asset adoption.
The post Bitcoin ETFs shed $1.7B in a week as rate hike fears mount appeared first on Crypto Briefing.

#bitcoin #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin correction #bitcoin leverage trading #bitcoin crashes

Bitcoin is struggling as the price tests $62,000 as support — a level that would represent a significant extension of the correction from the cycle highs and a test of the structural foundation that bulls have been pointing to throughout the decline. The weakness is real and the selling pressure is persistent — and XWIN Research Japan has published an analysis that cuts through the competing macro narratives to identify what the on-chain data suggests is the actual driver of the current correction. Related Reading: HYPE Defies Market Selloff As Whales Withdraw Another $108M From Exchanges The explanations circulating in the market range from geopolitical tensions to Federal Reserve policy to Strategy’s recent small Bitcoin sale. XWIN Research Japan’s CryptoQuant analysis suggests a simpler and more fundamental explanation: buyers disappeared. The engine that powered Bitcoin’s 2024 to 2025 rally was not leverage, not retail momentum, and not speculative excess. It was consistent and sustained inflows into US spot Bitcoin ETFs — a structural demand source that absorbed supply methodically and provided the bid that supported progressively higher prices. In 2026, that engine reversed. ETF outflows increased while the Coinbase Premium remained negative for an extended period. Confirming that US institutional demand, the most durable and most significant category of buyer the market has ever seen, withdrew from active accumulation. Bitcoin Coinbase Premium Gap | Source: CryptoQuant The Realized Cap data quantifies the consequence. Bitcoin’s Realized Cap declined from approximately $1.12 trillion to $1.08 trillion — a reduction that represents nearly $40 billion of capital leaving the network. When the metric that measures actual invested capital falls by that magnitude, the market is not experiencing a sentiment correction. It is experiencing a genuine demand withdrawal. Bitcoin Realized Cap | Source: CryptoQuant 40 Billion Left the Network The XWIN Research Japan analysis traces where the capital went after it left Bitcoin. US equities — particularly AI-related companies delivering strong earnings growth, executing aggressive share buyback programs, and driving the S&P 500 to record highs — presented a competing allocation that many institutions found more immediately compelling than Bitcoin in the current rate environment. Capital did not evaporate. It rotated into assets with visible profit growth and near-term catalysts that Bitcoin’s liquidity-dependent structure cannot currently match. The futures market amplified the price decline without causing it. Open Interest dropped sharply, Funding Rates normalized, and more than $150 million in leveraged long positions were liquidated between June 3 and June 4. Those liquidations were a consequence of weakening demand rather than its origin — derivatives unwinding into a market already lacking the spot bid needed to absorb forced selling. The comparison to 2022 is where the analysis provides its most important reassurance. Long-term holders remain largely intact. Exchange balances are still historically low. The current correction does not resemble the panic-driven supply excess that characterized the previous cycle’s collapse. The problem is not too much selling. It is too little buying. The recovery conditions the report identifies are specific. ETF flows returning to positive territory, the Coinbase Premium recovering above zero, Realized Cap resuming growth, and capital concentration in AI stocks beginning to slow — these are the signals that would confirm demand is returning rather than rotating further away. June’s correction was demand-driven. The next major Bitcoin trend will be determined by the same force that caused it. Related Reading: Bitcoin’s Most Important Metric Flashes Warning As Bulls Fight To Hold $60K Bitcoin Clings To $62K As Breakdown Reaches Critical Support Bitcoin remains under intense pressure after a violent selloff erased the entire April-May recovery and pushed price back into the same support zone that marked the February capitulation low. The daily chart shows BTC trading around $62,500 after briefly dipping near $61,000, placing the market directly inside the most important demand area of the year. Bitcoin consolidates below the $63K level | Source: BTCUSDT chart on TradingView Technically, the structure has deteriorated significantly. Bitcoin has lost the $72,000-$74,000 support zone that previously acted as a major pivot throughout April and May. That area has now flipped into resistance and represents the first major obstacle should a relief rally emerge. More importantly, the breakdown occurred with expanding volume, suggesting the move is being driven by aggressive selling rather than a temporary liquidity vacuum. Related Reading: Smart Money Keeps Buying HYPE Despite Rising Market Fear – Price Holds Above $70 Level The market is now testing the February bottom region near $61,000-$64,000. Unlike previous pullbacks, this support is being challenged after a sequence of lower highs and lower lows, confirming bearish market structure across the daily timeframe. BTC also remains below the 50-day, 100-day, and 200-day moving averages, reinforcing the dominance of sellers. However, this area carries historical significance. The February capitulation ultimately marked the beginning of a multi-month recovery. If buyers defend the current zone, Bitcoin could attempt to build a base and stabilize. If support fails decisively, the next downside target becomes the psychological $60,000 level, followed by the high-$50,000 region. Featured image from ChatGPT, chart from TradingView.com

#news #bitcoin

Bitcoin’s recent drop below $60,000 has brought back bearish comparisons into the play. Crypto analysts are now comparing the current market downturn with the 2022 bear market cycle. Back then, Bitcoin fell 22% below its previous all-time high before hitting bottom.  Today, Bitcoin is already down 53% from its all-time high, raising questions about where …

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Veteran crypto analyst Bob Loukas says Bitcoin has entered the final stage of its current four-year cycle, but warned that the market may still need another leg lower before a durable cycle bottom is in place. In his latest “4-Year Journey” update, published on June 4, Loukas framed Bitcoin’s recent retest of its February lows as a largely expected development rather than a break from historical cycle behavior. He argued that Bitcoin’s rebound into May, when price approached the low-$80,000 range after a decline toward $60,000 in February, looked like a countertrend move inside a broader bear-market structure. “A cycle very rarely, and I mean less than 10%, probably more like 5%, will end very early and also on the first significant decline from the high,” Loukas said. “There’s always a retest. There’s generally always a lower low, at least one lower low, if not a second lower low.” Loukas said Bitcoin peaked in October and later broke below its 10-month moving average, which he treats as confirmation that the prior cycle advance had ended. The subsequent decline into February, he said, was followed by a natural relief rally that pulled in bulls expecting a rapid continuation toward the prior highs. That rally stalled near $83,000, close to the $85,000 area he had expected, before Bitcoin reversed and dropped roughly 25% back toward the February lows. Loukas Begins Reaccumulating Bitcoin Despite maintaining that Bitcoin may not have completed its cycle low, Loukas said his model portfolio has made its first buy action in three and a half years. The portfolio added 10 BTC at the $65,000 level, bringing its allocation to roughly 58% Bitcoin and 41% cash. He stressed that the move was not a call that the bottom is already in, but rather an attempt to begin reaccumulating at more favorable long-term levels. Related Reading: Bitcoin’s Most Important Metric Flashes Warning As Bulls Fight To Hold $60K The key level now, according to Loukas, is $53,000. He said that if Bitcoin reaches that area, the model portfolio would use its remaining cash to return to a full Bitcoin allocation. The level matters because it roughly corresponds to the midpoint of the broader four-year cycle structure. “Currently, what I’m thinking is the best strategy, and this is always subject to change, is that at the $53,000 level, all cash that remains to buy the remaining Bitcoin and get back to a 100% allocation,” Loukas said. “At the $53,000 level, we’re tagging the midpoint of the entire four-year cycle.” He acknowledged that $53,000 may appear severe, but argued it is not extreme in Bitcoin terms. From the current area, he said, such a move would be only around another 15% lower, while Bitcoin had already fallen about $20,000 in the prior two to three weeks. He also noted that past bear markets produced much larger drawdowns, including a 77% peak-to-trough decline in the 2021–2022 cycle, compared with the current drawdown of roughly 51% to 52%. Related Reading: Bitcoin’s Great Wealth Transfer May Fuel Next Rally, Says CryptoQuant CEO Loukas said a 65% to 70% drawdown would not be a prediction, but “shouldn’t become a surprise” given Bitcoin’s historical volatility. A move to $53,000, by his estimate, would amount to a roughly 57% decline from the cycle high. Final Cycle Window Opens Loukas did allow for a more bullish scenario. He said the current retest creates the first credible possibility of a shorter four-year cycle low, potentially forming as a double bottom before a base into late summer and a later push above the May highs. He assigned that outcome a relatively low probability of around 25%. His base case remains that Bitcoin’s cycle low should form closer to the traditional window around October or November, with December also possible. Loukas said Bitcoin is now in month 43 of the cycle, entering the broad zone in which four-year lows typically emerge around the 47- to 48-month average. “The window has been hit,” Loukas said. “The four-year cycle now is getting close or getting towards an end. But as I mentioned before, this is not any different to prior cycles.” For the near term, Loukas said Bitcoin is oversold enough to bounce, possibly toward the 10-week moving average around $73,000, before resuming lower. He also argued that Bitcoin should not trade back above the May high near $83,000 to $85,000 over the next several months unless a new cycle has already begun. At press time, BTC traded at $62,247. Featured image created with DALL.E, chart from TradingView.com

#bitcoin #short news

Professional investors reduced their Bitcoin holdings significantly during the first quarter of 2026, according to CoinShares’ analysis of 13F filings. Total reported holdings fell from 313,000 BTC to 261,000 BTC, a decline of 17% quarter over quarter. The reduction was driven primarily by hedge funds and brokerages, which accounted for roughly 95% of the 52,500 …

#bitcoin #short news

Traders on prediction market Kalshi are increasingly betting on further downside for Bitcoin, assigning a 53% probability that the cryptocurrency will fall below $45,000 before 2027. The market also places 39% odds on Bitcoin dropping under $40,000, with more than $3.8 million wagered on the outcome. The bearish outlook follows Bitcoin’s decline from its January …

#bitcoin #btc price #bitcoin price #btc #bitcoin news #btcusd #btcusdt #btc news #capitulation #max trades #eliz

Bitcoin’s market structure is increasingly reflecting the growing influence of major investors, as institutional capital continues to shape price action, liquidity, and overall sentiment. Unlike earlier cycles driven largely by retail participation, today’s market dynamics are more closely tied to the behavior of large entities whose positioning can significantly impact short-term trends and long-term direction. How Capital Allocation Decisions Affect Bitcoin Performance Bitcoin’s recent volatility should be viewed through the lens of market cycles rather than short-term fear or speculation. In a post on X, crypto analyst EliZ mentioned that, at this stage, BTC appears to be driven more by capital flows and the decisions of larger investors than by retail investor sentiment. Sharp price movements, liquidation cascades, and the sudden shift in liquidity are all part of the game and often create the perception of significant market manipulation. Related Reading: Is Bitcoin’s Recent Dip Part Of A Larger Institutional Accumulation Strategy? For traders, the takeaway remains slightly unchanged. The challenge is not to predict the institutional actions but to respond effectively to the price action unfolding in real time. Risk management, exposure, opportunities, and adaptability remain more important than attempting to anticipate every move made by major market participants. BTC history reinforces this perspective. Every phase of weakness, fear, and distribution has eventually been followed by a new cycle of expansion. While the timing of the next bullish phase remains uncertain, the market cycles are a fundamental part of BTC’s nature. In this context, discipline becomes the key advantage. Market phases are temporary, cycles are constantly evolving, and liquidity will eventually return to the market. When that sentiment shifts, many pessimistic individuals will suddenly become optimistic again. BTC Sweeps Multiple Key Liquidity Levels In Rapid Decline The sharp recent Bitcoin sell-off has accelerated the downside move faster, with two of the three remaining unswept lows now taken out. A crypto trader known as Max Trades has noted that this move happened earlier than expected. While anticipating a temporary relief bounce after the initial liquidity sweep around the $65,000 region low, the price has continued lower and has now cleared the $62,800 low as well. Related Reading: Bitcoin Falls Sharply Behind Micron Technology As Investors Favor Semiconductor Exposure According to Max Trades, this leaves only the capitulation wick at the downside, a level that has been the main downside target from a liquidity perspective for the past four months. With BTC now trading near critical levels, a decisive break below the $63,000 level could increase the probability of that final wick sweep occurring. Despite the near-term weakness, Max Trades believes that once this final target is reached, BTC will enter an area where the best spot accumulation and swing long opportunities may begin to emerge. Until that level is tested, the broader downside outlook target remains unchanged. Featured image from Pixabay, chart from Tradingview.com

#bitcoin #btc price #cme #bitcoin price #btc #bitcoin news #btcusd #btcusdt #btc news #chicago mercantile exchange #bitcoin bull trap #aralez

Bitcoin (BTC) has been in a sharp downtrend over the past two weeks, facing steady declines as selling pressure, market volatility, and negative sentiment weigh on its price. During one of its recent market crashes, a crypto analyst noted that BTC had officially broken below a critical four-month support level, leaving the cryptocurrency in a precarious position. The expert now outlines what could happen next, and none of the scenarios suggested point to a fresh bull run—rather, Bitcoin may be headed for an even deeper bear market decline.  Bitcoin Price Crash Breaks Key Support Crypto market expert Aralez announced in an X post on June 2 that Bitcoin had officially broken a critical four-month support level that had been holding its price steady. The latest decline saw the cryptocurrency lose more than 8% of its value in a single day, falling below $69,000.  Related Reading: Bitcoin’s 4-Year Moving Average Shows Where The Market Bottom Lies Here Aralez explained that Bitcoin’s first goal during this bearish phase was to fill the Chicago Mercantile Exchange (CME) gap in the $74,000 – $81,000 range. His accompanying price chart shows that the CME gap was completely filled earlier in May when Bitcoin briefly climbed above $80,000. At the time, the cryptocurrency had been trading within a tight ascending channel, defined by an upper resistance trendline and a lower support line.  This channel had guided BTC’s price up until its latest crash, which saw it break below the pattern’s lower boundary near $70,000. Since crossing $80,000, Bitcoin has entered a rather frightening downtrend, recently crashing below $63,000 after losing the $70,000 support.  At the time of writing, Bitcoin is trading just above $62,000, down more than 2.3% in the past 24 hours and over 15% in the last seven days. Analysts tracking this bearish trend add that further declines could still occur until a bottom forms below $60,000, officially ending the bear phase. As for Aralez, he noted that a sharp sell-off immediately after hitting upside targets is usually a strong indication that the cryptocurrency’s downside momentum is far from over. As a result, he predicts that Bitcoin’s next move is likely a brief bounce to higher levels before another full-blown price crash to fresh lows. Analyst Outlines BTC’s Final Bearish Play In his analysis, Aralez outlined his roadmap for Bitcoin over the next 30 to 60 days. He first predicted that BTC could bounce back to the $71,000-$72,000 range and consolidate there for a bit. Afterward, the analyst expects the cryptocurrency to decline sharply toward lower-liquidity levels of $65,000-$63,000. Related Reading: Here’s Why The Bitcoin Price Is Crashing And What To Expect Next Once that range is reached, Aralez forecasts a brutal sweep below $60,000, suggesting a potential Bitcoin bottom near $55,000. He cautioned investors not to mistake the current market for the start of a new bull run. Instead, he said the market looks more like a classic bull trap that could catch many investors off guard.  He added that the Bitcoin path with the least resistance points to lower levels. As the cryptocurrency continues its decline, he urged traders and investors to avoid becoming exit liquidity. Featured image from Pngtree, chart from Tradingview.com

#ethereum #bitcoin #cryptocurrency market news #hype #hyperliquid #strategy #hypeusdt #hyperliquid news #bitmine #strategy news #hyperliquid strategies #bitmine news #strategy bitcoin holdings #bitmine ethereum holdings

Crypto markets endured further pressure this week as the sell-off spread to some of the industry’s largest digital asset treasuries (DATs). As of Friday, Bitcoin (BTC) had slipped back below $60,000 for the first time since 2024, Ethereum (ETH) was trading around $1,550, and Hyperliquid (HYPE) was near $57.  While the declines weighed on the broader market, the impact has been most visible in the large treasury companies associated with BTC and ETH—specifically Strategy (MSTR) and Bitmine (BMNR).  Hyperliquid Strategies (PURR), however, has continued to post gains on an unrealized basis, highlighting how its performance still outpaces the market’s major benchmarks. Hyperliquid Strategies Avoids The Worst With $1.2B Gains According to Artemis data, Strategy and Bitmine are carrying significant unrealized losses of about $12.8 billion and $10.3 billion, respectively. In contrast, Hyperliquid Strategies is positioned differently.  Artemis data further indicates that Hyperliquid Strategies is the only major digital asset treasury company in the industry so far still in positive territory, with approximately $1.2 billion in unrealized gains, as seen in the chart below.  Related Reading: Bitcoin Faces Pressure As Investors Rotate Capital Into AI Buildout: Saylor In practical terms, that means the stress seen across most crypto-linked balance sheets has not hit Hyperliquid in the same way, even as prices pulled back sharply elsewhere. The weakness has also reached other large public holders beyond the two biggest names. Lookonchain data shows the recent retrace has extended further, with SharpLink down $1.59 billion on ETH, and Metaplanet down $1.38 billion on BTC.  The pattern is consistent: as BTC and ETH retrace, companies concentrated in those assets tend to reflect the decline in their mark-to-market or unrealized reporting. Weekly BTC, ETH Pullback Hits MSTR, BMNR Stocks Bitcoin’s move has been particularly notable on the weekly chart. The asset recorded a major 20% retrace on the weekly time frame, and that broader drop has filtered down to equities and crypto proxies as well.  Strategy’s stock, MSTR, fell 14% on Friday alone, trading around $115 per share. Bitmine’s stock, BMNR, also logged double-digit losses on Friday, down 12% to roughly $15.76 per share, adding to pressure on investors. Related Reading: Coinbase Reveals First Mortgage With Bitcoin Collateral Under Fannie Mae Coverage Hyperliquid’s native token, HYPE, saw its own sharp decline during the same period, dropping 14%. Even with that pullback, Hyperliquid Strategies’ PURR price showed comparatively limited movement, with only a 1.2% retrace to $8.3 for the current trading session.  Together, these snapshots underline a clear divergence: While Strategy and Bitmine reflect the drawdown of BTC and ETH in a straightforward way through large unrealized losses, Hyperliquid Strategies remains comparatively resilient, maintaining positive unrealized performance even as the market sells off. Featured image created with OpenArt; chart from TradingView.com 

#bitcoin #crypto #usdt #stablecoin #btc #peter schiff

Bitcoin dropped to around $61,500 in recent days, its weakest level in roughly four months, and Peter Schiff wasted no time connecting that slide to a broader argument he has been making about stablecoins. Related Reading: Bitcoin Faces Pressure As Investors Rotate Capital Into AI Buildout: Saylor A Stablecoin On The Move Tether’s USDT has already climbed to a market capitalization of nearly $188 billion, according to data from DeFiLlama, closing the gap with Ethereum to just under $26 billion. Schiff, the economist and longtime Bitcoin critic, says the numbers point to an inevitable outcome. “The market cap of Tether will soon surpass the market cap of Ethereum,” Schiff wrote on X. “It will eventually surpass the market cap of Bitcoin, too. The only question is how long it will take.” USDT has become a dominant tool for moving money across crypto markets, and its reach now extends into payments, remittances, and digital dollar transfers — a trend he says supports his case. USDT holds a one-dollar peg, setting it apart from Bitcoin and Ethereum, and that stability makes it the go-to choice for users who want to move money without taking on price risk. The market cap of Tether will soon surpass the market cap of Ethereum. It will eventually surpass the market cap of Bitcoin too. The only question is how long it will take. — Peter Schiff (@PeterSchiff) June 4, 2026 Not His First Warning Schiff has been sounding alarms about Bitcoin for years. His latest comments include a prediction that BTC could eventually fall below $20,000, which would represent a drop of roughly 80% from its October 2025 peak near $126,200. He has also pointed to weakness in tech stocks as a pressure point for Bitcoin, noting that the crypto asset has relied on the broader tech rally for support. “It looks like the correction in tech stocks has finally begun,” Schiff said. “As tech stocks sell off, Bitcoin should crash. Gold will likely head in the opposite direction.” Bitcoin recently suffered a sharp hourly decline of more than $2,000, briefly touching $61,460, as selling pressure spread across the market and triggered over $1 billion in leveraged liquidations. USDT’s Growing Reach Reports indicate Ethereum’s position as the second-largest crypto asset is now under pressure from a stablecoin rather than another blockchain competitor. At current figures, USDT would need to grow by roughly 15% to pull ahead of Ethereum, while matching Bitcoin’s $1.28 trillion market cap would require a far larger expansion of nearly seven times its present size. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy Schiff’s prediction has drawn attention not just for its boldness but for its timing, arriving as stablecoin adoption continues rising and crypto markets face renewed turbulence. Whether the prediction holds up remains an open question, though the narrowing gap between USDT and Ethereum suggests the first part of his forecast may not be far off. Featured image from Unsplash, chart from TradingView

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Bitcoin’s recent drop below $60,000 has shaken the crypto market. But according to Glassnode co-founder Rafael Schultze-Kraft, the latest drop may be bringing Bitcoin into a rare price zone that has historically marked major market bottoms.The big question: Is Bitcoin close to its bottom level, or is there still more pain ahead? Bitcoin Enters a …

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SpaceX's Bitcoin gains highlight the growing trend of corporate crypto investments, potentially influencing future IPO valuations and strategies.
The post SpaceX reveals $1B in Bitcoin gains in S-1 filing appeared first on Crypto Briefing.

#bitcoin #btc price #spot bitcoin etf #michael saylor #bitcoin price #btc #blackrock #bitcoin news #coinmarketcap #btcusd #btcusdt #btc news #ali martinez #benjamin cowen #ash crypto #strategy #clarity act

Crypto pundit Ash Crypto has drawn attention to speculations about how institutions could be crashing the Bitcoin price on purpose. This comes as the Bitcoin ETFs continue to record massive outflows, which have caused this latest decline for the leading crypto.  Pundit Highlights Speculations Of Institutions Purposely Crashing Bitcoin Price In an X post, Ash Crypto claimed there were rumors that institutions are purposely crashing the Bitcoin price so they can buy at lower prices before the Clarity Act is signed into law. The pundit noted that a similar pattern had played out in August 2022, when BlackRock filed for a private Bitcoin trust, and BTC later dropped about 36% before forming a bottom.  Related Reading: What To Expect For The Bitcoin Price By EOY 2026 Following that, BlackRock then filed for a spot Bitcoin ETF, and the Bitcoin price later surged by 95%. Ash Crypto noted that BTC hit a new high in January 2024, when spot ETFs were approved. He added that insider institutions are repeating the same strategy with the Clarity Act narrative.  The Bitcoin ETFs have largely contributed to the decline in the Bitcoin price, with these funds recording outflows in 13 out of the last 14 trading days. During this period, their total net assets have dropped from around $104 billion to $82 billion. Strategy co-founder Michael Saylor also cited these outflows in his comments on the BTC crash.  In an X post, Saylor said that the capital markets are funding the AI buildout at a historic scale, with $400 billion deployed over six months, while BTC ETFs have seen $4 billion in outflows since May 14, pressuring the Bitcoin price. He declared that this is a capital rotation, not a BTC impairment, while adding that volatility creates opportunity.  BTC Simply Following The Four-Year Cycle Crypto analyst Benjamin Cowen has reiterated that the Bitcoin price is simply following the four-year cycle. He also mentioned that the bull case for BTC is that if the economy is still doing well after the four-cycle low is put in, then it should have no problem starting its next bull market. Based on historical trends, the bear cycle low could happen by the fourth quarter of this year.  Related Reading: Has The Bitcoin Crash Ended After Falling Below $70,000? Meanwhile, Cowen noted that midterm years always feel really bad for crypto, and that this one is even worse, since the Bitcoin price topped on apathy. He opined that Bitcoin will survive, although many crypto assets may die out. Crypto analyst Ali Martinez warned that BTC is not looking good at the moment and that the leading crypto could drop to the next major area of support between $54,000 and $50,000.  At the time of writing, the Bitcoin price is trading at around $63,100, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pngtree, chart from Tradingview.com

#bitcoin #price analysis #altcoins

Crypto Market is crashing today! Massive sell-offs, huge long liquidation and record ETF outflows have dragged the cryptos below their critical support zone. Bitcoin price drops to $60,600, while Ethereum heads below $1,600. Moreover, the XRP price is on the verge of losing the $1 threshold, Cardano hits the levels not seen in the last …

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Bitcoin’s June correction is now being accompanied by a sharp rise in whale deposits to Binance, according to CryptoQuant analyst Darkfost, reviving a pattern last seen during the market’s February stress event. The data suggests that large holders are moving more BTC back onto the exchange as the selloff deepens, potentially adding near-term supply pressure. Darkfost said Bitcoin is down 14% in June, with the decline accelerating over the past several days. That move has pushed some investors into a more defensive posture, particularly large entities moving sizable amounts of BTC. In the analyst’s framework, whales are defined as entities executing transactions above 100 BTC, or more than $6 million at current prices. The most visible change has occurred on Binance. According to the post, whale inflows to the exchange reached approximately 8,200 BTC on June 2, followed by more than 6,400 BTC on June 4. More importantly, the trend has also shifted on a monthly basis: average whale inflows on Binance have risen from roughly 1,200 BTC since mid-April to more than 2,800 BTC today, meaning the figure has more than doubled in a matter of weeks. “On Binance, BTC inflows from whales have accelerated sharply,” Darkfost wrote, pointing to the June 2 and June 4 peaks. “On a longer-term basis, the monthly average of whale inflows on Binance has moved from approximately 1,200 BTC since mid-April to over 2,800 BTC today, more than doubling within a matter of weeks.” Bitcoin Whale Deposits Point To Rising Sell-Side Risk Exchange inflows do not mechanically prove that coins have already been sold. However, large transfers to trading venues are commonly watched as a proxy for potential sell-side intent, especially when they occur during a fast correction rather than during a period of accumulation or sideways consolidation. Related Reading: Bitcoin’s Most Important Metric Flashes Warning As Bulls Fight To Hold $60K Darkfost framed the current increase in that context. “This dynamic suggests that the ongoing correction is pushing some whales to move their BTC back onto the exchange, presumably with the intention of selling,” the analyst wrote. “This behavior looks more like emotional risk management than a deliberate strategic decision.” That distinction matters for market interpretation. A strategic rebalance usually implies pre-planned execution, portfolio rotation, or a controlled reduction in exposure. Panic-driven exchange inflows, by contrast, tend to appear after price damage has already forced large holders to reassess risk. They may worsen near-term pressure, but they can also emerge late in a corrective sequence. Related Reading: Bitcoin’s Great Wealth Transfer May Fuel Next Rally, Says CryptoQuant CEO Bitcoin was trading near $62,533 at the time of writing, after an intraday low of $61,407 and high of $64,380. That puts the market close to the levels referenced in Darkfost’s comparison with February, when whale inflow activity on Binance last reached a similar intensity during Bitcoin’s drop to $60,000. February Comparison Raises The Key Question The February reference is the central point of the analysis. Darkfost noted that the last comparable surge in Binance whale inflows came as Bitcoin fell below $60,000 earlier this year. In that case, the elevated inflows reflected stress after a sharp drawdown rather than an early warning signal ahead of the full move. “For reference, the last time whale inflow activity on Binance reached such levels was during Bitcoin’s drop below $60,000 in early February,” the analyst wrote. “This development introduces additional selling pressure in the short term. That said, panic-driven moves of this kind tend to arrive well after the fact, as was the case in February.” At press time, BTC traded at $62,332. Featured image created with DALL.E, chart from TradingView.com

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Bitcoin's dip highlights the impact of strong US economic data on cryptocurrency markets, emphasizing the dollar's dominance over riskier assets.
The post Bitcoin briefly falls below $60K for the first time since October 2024 appeared first on Crypto Briefing.

#bitcoin #price analysis #bitcoin etf #crypto news

Bitcoin is back in its favorite mode: chaos. A massive wave of ETF outflows rattled the market this week, and traders wasted no time responding. According to recent market data mentioned by an analyst, June 3 saw approximately $10.01 billion in combined negative netflows from major spot Bitcoin ETFs. The largest withdrawals came from BlackRock’s …

#bitcoin #btc price #bitcoin price #btc #crypto market #bitcoin news #bitcoin crash #btcusdt #crypto news #btc news #bitcoin price news #bitcoin technical analysis #bitcoin bottom #breaking news ticker

Bitcoin (BTC) extended its decline on Friday, sliding to levels not seen since early February, leaving the broader market under renewed pressure and deepening bearish sentiment.  Since reaching its all-time high of $126,000 last October, Bitcoin is now down roughly 52%, reinforcing the sense that the sell-off is more than a short-term dip. Bitcoin Treasury Stocks Fall From $134B To $72B While traditional market weakness has been part of the story, whale activity has also played a major role in the most recent drop. One of the clearest signals that unnerved traders came from Strategy (MSTR).  Related Reading: XRP Price Falls To 4-Month Lows—Charts Signal Sell, On-Chain Data Turns Bearish As previously reported by NewsBTC, Strategy sold Bitcoin for the first time in nearly four years. The company offloaded 32 BTC for approximately $2.5 million—an amount that may look small compared with overall market volumes.  However, the real impact has been psychological. Watching the largest Bitcoin public holder and the face of the “never sell” narrative break that behavior sent a shockwave through crypto sentiment. The broader market’s reaction has been visible in equity-linked crypto holdings as well. Artemis data cited by Bloomberg shows that the combined market value of fully diluted Bitcoin treasury company stocks has fallen to about $72 billion, compared with nearly $134 billion at the most recent peak in early October. That means roughly $62 billion has been erased during the downturn.  Support Could Form Between $54,000 And $50,000 Hayden Hughes, managing partner at Tokenize Capital, said the current environment forces difficult choices for these digital-asset treasuries. In his view, once prices unwind, companies face a stark decision: either default on their debt obligations or sell assets.  Hughes added that this kind of forced selling damages the market’s earlier assumption that Bitcoin treasury holders would behave like permanent “buy and hold” participants. When that expectation breaks, sentiment can deteriorate quickly, making rebounds less likely under these conditions. Related Reading: Coinbase Reveals First Mortgage With Bitcoin Collateral Under Fannie Mae Coverage  Market analyst Ali Martinez recently posted on X (formerly Twitter) that Bitcoin is approaching a market bottom. Martinez identified the MVRV Pricing Bands as a useful framework for determining where support could emerge.  He stated that the next significant support level is between $54,000 and $50,000, which could serve as a floor for the cryptocurrency. However, this would require an additional 17% retracement from current trading levels of $60,444.  Featured image created with OpenArt; chart from TradingView.com 

#bitcoin #crypto #grayscale #btc #cryptocurrency market news #strategy

Grayscale’s head of research says Strategy’s leveraged business model has come under pressure, and that pressure could make it harder for the company to keep adding Bitcoin to its holdings. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy A Dividend Problem Taking Shape Zach Pandl made the assessment Thursday after Strategy sold 32 Bitcoin — a tiny slice of its 843,706 BTC stockpile — triggering a wave of selling that has knocked Bitcoin down 16% since the transaction. Strategy also offloaded $128 million in shares, and its stock has dropped nearly 13% to a two-month low of $126. At the center of the concern is STRC, a variable-rate preferred equity instrument that Strategy designed to trade at $100 per share and pay an 11.5% dividend. It is now trading around $95 — below the target price — a sign that investors are demanding a higher return than the instrument currently offers. If Strategy responds by raising the dividend to pull STRC back to par, cash obligations grow. Higher cash obligations could push the company toward selling more Bitcoin. More Bitcoin sales could weigh further on prices. Pandl put it plainly: Strategy’s levered model is under pressure, and that has increased volatility for the Bitcoin market as a whole. What Saylor’s First Sale Changed Until this week, Strategy had operated under a strict buy-and-hold approach, treating Bitcoin accumulation as a one-way strategy. The sale of 32 BTC — however small — broke that pattern and shook confidence among investors who had built a bullish thesis around the assumption that Saylor would never sell. Augustine Fan, a partner at crypto software firm SignalPlus, said markets are blaming the sales and STRC’s discount for driving the latest downturn, but added that even committed supporters are finding fewer reasons to stay structurally bullish. All eyes, Fan said, are on how Saylor manages liquidity by balancing STRC dividend payments against Bitcoin holdings. Related Reading: Bitcoin Faces Pressure As Investors Rotate Capital Into AI Buildout: Saylor A Healthier Market Without The Concentration Grayscale’s Pandl sees a broader upside to a potential shift away from concentrated, leveraged BTC holdings. Less Bitcoin sitting on the balance sheets of highly indebted companies, and more spread across diversified corporate holders, would benefit the Bitcoin ecosystem over the long run, he argued. Featured image from Unsplash, chart from TradingView

#ethereum #news #bitcoin #crypto news #ripple (xrp)

Crypto markets are in freefall. Bitcoin has crashed to a four-month low of $60,951, down 18% in just four days and shedding $13,500 in value since Strategy’s 32 Bitcoin sale triggered the first wave of panic selling last week. The total crypto market cap has fallen to $2.11 trillion, down 4.81% on the day, and …

#bitcoin #btc price #bitcoin price #btc #bitcoin news #btcusd #btcusdt #btc news

Bitcoin has spent the better part of the past several weeks delivering a painful lesson to bulls. The largest cryptocurrency by market capitalization has shed more than 22% over the past month, slicing through support levels that many traders had considered established. Bitcoin is still trapped below a descending trendline, and the current structure still favors sellers unless price can reclaim important resistance levels. However, technical analysis projection leaves room for a recovery move if Bitcoin breaks out of the bearish trend and starts building momentum above confirmation levels. Bitcoin Inside A Bearish 4-Hour Structure Bitcoin’s 4-hour chart shows price action moving inside a bearish structure, with lower highs and lower lows forming under a descending resistance line since the swing high above $82,800 in May. The rejection from that swing high has now pushed Bitcoin below a weak low / liquidity sweep at $66,000, and the chart’s break of structure and change of character labels show how control moved from buyers to sellers. Related Reading: Analyst Calls Out Stagnant Logic Being Used On XRP, Predicts When Price Will Rally To $300 The bullish case does not come from a confirmed reaction at $66,000 but from the possibility that Bitcoin can reclaim lost structure after the recent breakdown. However, if Bitcoin begins to push back above the nearby confirmation area around $66,948 and then breaks above the descending trendline, the move could open the way for a climb into the higher resistance levels shown in the 4-hour chart below. Bitcoin 4-Hour Chart. Source: TradingView The Targets Stacked Above And What Each One Means A trendline break, confirmed alongside a strong 4-hour close above the descending structure, would not immediately resolve the current bearish mood Bitcoin is trading in. It would, however, initiate a move to resistance price levels that increasingly change the momentum in the favor of Bitcoin bulls. A stronger bullish signal would come only if Bitcoin pushes back above the descending trendline. The technical chart places this descending trendline around $71,495, and this is the level that could decide whether the recovery has enough strength to continue. A rejection below that price area would keep the bearish structure in place, but a clean break above it would challenge the current trend and allow bulls to trend higher price levels. Related Reading: Pundit Says Dogecoin Is About To Do Something Insane, Here’s What The next level is around $75,952. This is an intermediate resistance and breakdown level, which means it could become the next major test if Bitcoin breaks the resistance trendline. The highest and most significant target on the current structure is around $79,453, where the major resistance and bearish control level is located.  Above that, the premium supply zone and institutional sell area stretches from approximately $77,000 to just above $82,000. Therefore, according to the projection drawn on the chart, a confirmed break of the current bear trend could send Bitcoin back into its May high of $82,000, where it could face another test of resistance. Featured image created with Dall.E, chart from Tradingview.com

#bitcoin #short news

Grayscale Head of Research Zach Pandl said concerns are growing around Strategy’s leveraged Bitcoin accumulation strategy after the company disclosed the sale of 32 BTC. According to Pandl, weaker performance in Strategy’s preferred shares could raise dividend costs, increasing financial pressure and potentially leading to additional Bitcoin sales. The comments matter because Strategy is one …

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The Fed's cautious stance on future policy highlights the need for vigilant economic data analysis, impacting market strategies and risk assessments.
The post Fed’s Mary Daly says monetary policy is ‘in a good place’ but won’t predict what comes next appeared first on Crypto Briefing.