Bitcoin price shows strength, but will BTC bulls be able to push through $110K?
Bitcoin’s correlation to stocks and uncertainty about the future of the US economy could cap BTC price gains below $110,000.
Bitcoin’s correlation to stocks and uncertainty about the future of the US economy could cap BTC price gains below $110,000.
An uptick in long-term Bitcoin holders and BTC’s start-of-week price break above $108,000 could be a sign that new highs are in order.
Analysts say Bitcoin could break its all-time high within one to two weeks, following breakout patterns seen recently in gold and the S&P 500.
XRP traders say it has the potential to rally to $27 as ETF approval odds increase.
Bitcoin analysts say BTC price could drop in the short term before initiating a rally to all-time highs above $140,000.
A bearish RSI divergence, similar to 2021, suggests Bitcoin could face a 50%+ correction toward $64,000, challenging the $150K year-end target.
Market uncertainty grows as traders question leverage risks, custodian practices, and strategic reserve delays.
Elon Musk’s feud with President Trump caused Dogecoin’s 7% drop in the last 24 hours, but sell-off risks to $0.06 remain.
The cryptocurrency market is down on June 6 due to the intensifying Trump-Musk feud, significant long liquidations, and a weak technical structure.
Institutional inflows and rising Ethereum transaction fees contrast with sluggish network activity and caution on the Ether futures market.