Cointelegraph Markets & Research
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Bitcoin price breaking news & cryptocurrency market analysis
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📉Watch these Bitcoin price levels next as $52K supertrend risks failure

Bitcoin faces a battle to preserve its bull market as Mt. Gox reimbursements spark the biggest liquidation cascade in years.

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🚨 Bitcoin price risks 'double top' — 5 things to know this week:

📉 Bitcoin's weekly close at a 4-month low sparks fears of further price drops.
😱 Crypto Fear & Greed Index dives into "extreme fear."
🐳 Many investors, including whales, are now underwater on its holdings.
🧐 Upcoming CPI, PPI data, and Fed Chair Powell's testimony may influence market trends.

“There is mild panic in the market due to the small-scale sales of Mt.Gox/Govt coins, but no one is talking about the unrealized losses of STH whales, which currently equal 218K BTC. I have no idea what will happen to the market if they lose their nerve.”


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Price analysis 7/8: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin is facing intense selling pressure, but the positive divergence on the RSI suggests a recovery is possible in the near term.

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📈 Bitcoin battles to reclaim $60K

BTC surged to $59,459, as bulls target key resistance levels. Market experts note bullish divergences on RSI, predicting crucial moves between $58.4K and $60K. Will Bitcoin break $60K or face a pullback?

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Bitcoin speculators hodl 2.8M BTC in 'worst performing' price cycle

Bitcoin long-term holders are refusing to sell in the current BTC price cycle’s “deepest correction.”

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💰 Buying the dip?

Institutional investors added 100,000 $BTC ($5.7 billion) last week despite Bitcoin's price drops to multimonth lows.

According to CryptoQuant, entities holding 1,000 to 10,000 BTC have rapidly increased their exposure since early June.
This recent accumulation suggests strong institutional conviction, contrasting with March's ETF-driven inflows.

Meanwhile, short-term holders face significant unrealized losses, and overall market sentiment has dropped to "extreme fear."

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📈 Bitcoin weekly funding rate reflects investor caution, yet BTC price pushes higher

Bitcoin trades above $63,000 but the futures weekly funding rate shows pro traders are cautious.

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👀 Bitcoin eyes Mt. Gox recovery amid warning over $BTC price dip to $58K

BTC price attempts to stabilize as traders warn of a possible return below Bitcoin buy support at $60,000.

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Traders eye $71.5K Bitcoin price as open interest jumps 13%

Bitcoin may be gearing up to move above $70,000 now it has reclaimed a critical level that traders have been closely watching for the past two months.

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‘Bullish narratives’ erupt as XRP surges 35% this week

XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend they’ve been observing on the price chart.

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📈 Bitcoin hit $66,000 on July 17, gaining 15% in under a week despite sell-side pressure from Mt. Gox-related coin movements.

Traders are optimistic but note significant resistance near all-time highs, with $100 million in asks up to $70,000 on Binance.

🇺🇸 Market analysis suggests sustained buyer pressure is needed to push higher. U.S. spot Bitcoin ETFs saw $422 million in net inflows on July 16, reflecting strong investor interest.
Ethereum ETFs will have a bigger impact on ETH price: Bitwise

Bitwise Chief Investment Officer Matt Hougan says there are three reasons why Ether ETFs could drive the price of the asset, more than Bitcoin ETFs did for BTC.

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Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’

The “next leg” could push Bitcoin’s price as high as $110,000 as the cycle low has kicked in, according to several crypto traders.

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📉 Shiba Inu ($SHIB) has dropped 10% following the $235M hack at Indian crypto exchange WazirX, which involved $100M worth of SHIB.

This decline has increased concerns of a potential sell-off. Other affected assets include Ether, Polygon, and Floki.

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Bitcoin ‘real bull run’ out of reach as retail demand metric hits 3-year low

Retail investor interest in Bitcoin has declined to a three-year low, and Google search interest for Bitcoin is down 57% since BTC reached all-time highs in March.

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Solana traders notice ‘huge’ bullish pennant as price jumps 17%

Crypto traders note to “watch out” for Solana price action as a bullish pennant pattern has started to form on the price chart.

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📈 Bitcoin bulls charge toward $66K as BTC price eyes new 1-month high

Bitcoin wakes up at the Wall Street open with bulls in the driving seat for another snatch at the highest BTC price levels since mid-June.
📈 XRP price hasn’t seen $1 since 2021 — But this could change in Q4

Three big catalysts for a potential XRP price boom include technicals, significant whale accumulation, and the nearing resolution of Ripple’s legal battle with the SEC.
BlackRock Bitcoin ETF inflows surpass 'magnificent 7' stocks as trader eyes $88K

Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows.

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Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that

Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through.

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