BTC Markets News

Bitcoin’s onchain and technical data suggest that the upside is not over for BTC price.

Bitcoin closed June at a record monthly high of $107,100 despite forming a spinning top candlestick pattern that suggests market indecision.

A weakening US economy and Fed rate cuts set the stage for Bitcoin’s next move, but, onchain data shows a fragile bull market missing retail demand. Could it return by fall?

Trump’s early Fed replacement plans rattled markets, accelerating dollar losses and sending DXY to its lowest level since April 2022.

Bitcoin’s June price action during the Israel–Iran conflict shows that it remains a macro asset, albeit one increasingly shaped by global instability.

Bitcoin has lost more than 8% over the past week as geopolitical tensions and military action between Israel and Iran ramped up.

Bitcoin price remains stuck under $112K since May 23, and data suggest the pattern could continue for a few more days amid macroeconomic and geopolitical uncertainty.

Bitcoin holding firm at around $105,000 despite recent geopolitical and economic shocks suggests a sign of strength and investor confidence.

Bitcoin's bearish divergence signals a possible price crash toward $85,000, akin to the declines witnessed in 2019 and 2021.

Bitcoin is down 1.7% over the last 24 hours after running into resistance above the $108,000 level, among other drivers that are weakening bullish momentum.

Bitcoin's recent rally occurred as funding rates turned negative, and BTC held on exchanges and OTC desks shrank.

Bitcoin traders say market cyclicality, institutional investor adoption and an incoming wave of liquidity will supercharge BTC price in 2025.

Bitcoin price hovers around the $111K all-time highs, and multiple onchain and technical data suggests that the upside is not over for BTC.

“This week is absolutely critical,” said analyst Willy Woo, who cautioned that more consolidation could be ahead for Bitcoin.

As global debt markets flash warning signs, Bitcoin rallies, defying investors’ expectations and reshaping BTC’s role in the financial system.