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Bitcoin’s Next Rally Depends on Breaking This Key Resistance

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  Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy – https://telegram.me/freecryptosignalsdaily A breakout above the level in question will require sustained spot buying or Bitcoin could retreat to lower support. Bitcoin is approaching a key technical level after recording its third consecutive weekly gain. The asset closed last week at around $65,000, rising 1.7% over the period and extending its three-week advance to 11.5%. It also remained above the $61,360 demand zone despite broader market volatility. Following this sustained recovery, attention has shifted to the $68,000 resistance level. According to the recent Bitfinex report, this level could determine Bitcoin’s next short-term direction. The analysts identified a key reaction zone between $67,900 and $68,300, where the short-term holder realized price and the second-quarter opening level have converged. Why the $68,0...

Bitcoin’s Next Big Move? $173K in Sight

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  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/cryptosignalalert Download our free app and receive signals on your mobile – https://play.google.com/store/apps/details?id=com.freecryptosignals.app A weekly close below $51,000 would invalidate the entire setup, making that support level the key line to watch. Crypto analyst EGRAG CRYPTO posted on X on Wednesday that Bitcoin (BTC) is forming an Adam and Eve double bottom on its weekly chart, a pattern that is not yet confirmed but could open the door to $173,000 if it plays out. The setup hinges on a decisive weekly close above $83,000, followed by a retest that holds that level as new support. The Setup the Analyst Is Watching According to EGRAG, the double bottom is forming inside the $51,000 to $67,000 support band, with an aggressive V-shaped low forming the Adam side and a ...

XRP Eyes Rally While Big Investors Continue Buying

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  Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies – https://telegram.me/btctradingclub Large XRP holders have continued accumulating despite retail selling. XRP briefly climbed above $1.16 and is being supported by accumulation from large holders rather than retail demand, according to the latest findings by Santiment. The analytics firm found that wallets containing between 100,000 and 100 million XRP expanded their holdings by 2.8% over the past five weeks. Wallets with less than 0.01 of the token, on the other hand, cut their balances by 5.2%. Santiment said XRP has historically tracked the behavior of key stakeholders more closely than the smallest retail wallets, which makes the divergence supportive of the recent price recovery. The accumulation trend comes as the crypto asset continues to benefit from a stronger market narrative, including the resolution of Ripple’s S...

Bitcoin Eyes Breakout as Binance Outflows Hit 9K BTC

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  Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading – https://telegram.me/binancefuturesignal Binance set multimonth records for net BTC outflows on Tuesday, adding to an emerging trend of positive inflows to the US spot Bitcoin ETFs. Bitcoin (BTC) buyers are showing “better absorption” at $65,000 after Binance saw its largest net outflow in nearly two years. Bitcoin exchange outflows are back on the radar after Binance sees net 9,000 BTC daily withdrawals. Seller absorption is improving, even amid sideways price action, analysis says. Institutional appetite persists with net positive ETF inflows. Binance 9,000 BTC daily outflow raises eyebrows New research from onchain analytics platform CryptoQuant released on Wednesday confirms that daily BTC withdrawals from the world’s biggest exchange are outpacing inflows. “This usually reflects that short-term supply pressure on Binance is easi...

Bitcoin Enters Final Bear Market Stage

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  Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy - https://telegram.me/freecryptosignalsdaily July's positive seasonality may drive Bitcoin's recovery, but macro factors like the June CPI and geopolitical tensions could constitute a hindrance. This week’s Bitfinex Alpha report has revealed that bitcoin usually has a five-to-six-month bear market window where it trades below the Short-term Holder Realized Price. The fifth and sixth months mark the final phase of the period, after which the asset experiences a broader recovery. July marks the fifth month in this bear phase window, and analysts believe BTC could witness a significant recovery. While there are positive dynamics that could drive the rebound in the coming weeks, market experts have also identified factors that could disrupt the recovery. BTC Ends Five-Month Bear Window According to Bitfinex analysts, the posit...

Trump’s Iran Move Sparks Bitcoin Fears

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  Explore the provided link to achieve a steady profit in Binance futures trading: https://telegram.me/btctradingclub Here are the leaked details of the latest meeting in the Situation Room regarding the recently restarted war in the Middle East. Bitcoin’s price charted impressive gains on Tuesday and Wednesday after the lower-than-expected US CPI numbers for June, spiking to a multi-week peak of $65,000. However, this progress is in danger again due to the quickly escalating tension in the Middle East, especially since many reports outlined US President Donald Trump’s new attack strategy against Iran. New Attack Strategy Revealed The two sides sat in a fragile ceasefire for weeks but failed to reach a decisive deal to permanently end the conflict. Instead, the attacks resumed last week; Trump said the memorandum of understanding is over, and they have launched strikes against each other almost daily since then. According to multiple reports, the POTUS held...

Bitcoin Tops $65.5K as CPI Boosts Bulls

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  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/cryptosignalalert Download our free app and receive signals on your mobile – https://play.google.com/store/apps/details?id=com.freecryptosignals.app Bitcoin moved up to its highest levels since June 22 as US PPI inflation numbers provided the week’s second surprise macro data drop. Bitcoin (BTC) saw three-week highs on Wednesday as US inflation data beat expectations for a second day. Bitcoin sees copycat bullish price action as US inflation data cools for a second day running. Risk assets get a more positive outlook as Fed rate-cut odds drop. Traders stay conservative over Bitcoin’s ability to continue higher. Bitcoin gains after “much better-than-expected” US PPI The June print of the Producer Price Index (PPI) came in cool at 5.5% year-on-year after a 0.3% monthly ...