Bitcoin surged over $2,700 from its yearly low of $59,100 yesterday, closing the daily candle above $61,000.
Meanwhile, $300 million in long positions were liquidated as BTC retested June 5’s low of $59,130.
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Crypto Edge
Meanwhile, $300 million in long positions were liquidated as BTC retested June 5’s low of $59,130.
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Crypto Edge
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Bitcoin could find its floor between $42K and $44K this autumn, according to Jiang Zhuoer, founder of the now-defunct major mining pool BTC.TOP.
He expects the current bear market to conclude sometime between October and December 2026.
A key factor behind his outlook is the mNAV indicator from Strategy, which has dropped to 0.72—close to its 2022 lows. Historically, mNAV hits bottom around six months before Bitcoin’s price does, signaling that market sentiment may be nearing capitulation.
Interestingly, Jiang isn’t buying just yet.
He’s still holding short positions and plans to start accumulating Bitcoin only after prices reach his projected bottom range.
Yesterday, Bitcoin dipped briefly below $60K again before rebounding to around $61.2K.
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Crypto Edge
He expects the current bear market to conclude sometime between October and December 2026.
A key factor behind his outlook is the mNAV indicator from Strategy, which has dropped to 0.72—close to its 2022 lows. Historically, mNAV hits bottom around six months before Bitcoin’s price does, signaling that market sentiment may be nearing capitulation.
Interestingly, Jiang isn’t buying just yet.
He’s still holding short positions and plans to start accumulating Bitcoin only after prices reach his projected bottom range.
Yesterday, Bitcoin dipped briefly below $60K again before rebounding to around $61.2K.
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Crypto Edge
🇺🇸 All eyes are on the markets as Adam Back’s BSTR prepares for its Nasdaq debut, with the crucial merger vote set for July 2nd — a make-or-break moment that could define its future.
📰 Markets watch the CEPO-BSTR merger vote closely
📣 https://x.com/BTCTimescom/status/2070128188399686125
Crypto Edge
📰 Markets watch the CEPO-BSTR merger vote closely
📣 https://x.com/BTCTimescom/status/2070128188399686125
Crypto Edge
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🚨 BREAKING: Perception exits beta — now officially live
The intelligence layer for decoding digital asset narratives is now fully operational, powering real-world use at scale. Already trusted by BitGo, Swan, Relai, and Bitcoin Well.
Source: https://x.com/BTCPerception/status/2070129288590827604
Crypto Edge
The intelligence layer for decoding digital asset narratives is now fully operational, powering real-world use at scale. Already trusted by BitGo, Swan, Relai, and Bitcoin Well.
Source: https://x.com/BTCPerception/status/2070129288590827604
Crypto Edge
Media is too big
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🔥🔥🔥🔥🔥
Perception is officially out of beta — no more prototypes, no more testing.
The intelligence engine built to unravel narratives around digital assets is now live, driving key operations at BitGo, Swan, Relai, and Bitcoin Well.
And this is only the start.
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Crypto Edge
Perception is officially out of beta — no more prototypes, no more testing.
The intelligence engine built to unravel narratives around digital assets is now live, driving key operations at BitGo, Swan, Relai, and Bitcoin Well.
And this is only the start.
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Crypto Edge
JUST IN: 🇯🇵 SBI Holdings, a major financial player in Japan, has reached an agreement to acquire Bitcoin exchange Bitbank for $288 million. A significant move signaling deeper institutional integration into the crypto space. 👀
Source: https://x.com/BitcoinMagazine/status/2070132598026715165
Crypto Edge
Source: https://x.com/BitcoinMagazine/status/2070132598026715165
Crypto Edge
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Bitcoin just hit its 2026 low. In the past hour alone, $78.95M was wiped out—$1.48B in liquidations over the last 24 hours. Here’s why momentum has turned so sharply:
• U.S. BTC ETFs saw $469M in outflows yesterday — the 7th consecutive week of net withdrawals
• Hotter-than-expected inflation data dims hopes for near-term rate cuts
• Whales have been selling; even Strategy reduced BTC holdings to cover dividend payouts
• Long leveraged positions are collapsing as critical support levels break
• A strengthening dollar, hawkish BoJ stance, and capital shifting into AI equities add pressure
$59K held as support earlier this year. Can it hold again?
Crypto Edge
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JUST IN: 🟠 37.9% of all Bitcoin hasn’t moved in over 4 years — approaching record levels.
The long-term hold continues. Conviction runs deep. ✊
Source: Bitcoin Magazine on X
Crypto Edge
The long-term hold continues. Conviction runs deep. ✊
Source: Bitcoin Magazine on X
Crypto Edge
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Almost 38% of all Bitcoin hasn't moved in over four years—edging dangerously close to an all-time high.
The belief is deepening.
HODL
#Bitcoin #HODL
Crypto Edge
The belief is deepening.
HODL
#Bitcoin #HODL
Crypto Edge
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NEW: 🇺🇸 Senator Cynthia Lummis shares her ambition to be seen as the catalyst for America’s embrace of Bitcoin and digital assets. 👀
“I hope this spark ignites a lasting flame,” she says. 🚀
Source: https://x.com/BitcoinMagazine/status/2070235607641510365
Crypto Edge
“I hope this spark ignites a lasting flame,” she says. 🚀
Source: https://x.com/BitcoinMagazine/status/2070235607641510365
Crypto Edge
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HISTORY: 🟠 In 2011, Hal Finney shed light on Bitcoin mining, unpacking how it actually works and clarifying the inner mechanics of transaction transfers.
Source: https://x.com/fiatarchive/status/2069775801126654014
Crypto Edge
Source: https://x.com/fiatarchive/status/2069775801126654014
Crypto Edge
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Crypto Edge
Step up your trading game with a VIP2 trial, priority fund processing, and personalized rewards—crafted for new users like you. Don’t wait—this offer ends June 30.
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Crypto Edge
Step up your trading game with VIP2 perks — benefit from transfer bonuses, lower fees, and tailored incentives created specifically for newcomers.
Hurry — this opportunity expires June 30.
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Crypto Edge
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Bitcoin dropped to a 21-month low of $58k—the first time since September 2024.
Despite the turbulence, BTC managed to close above the $59k support level.
To counter the current bearish momentum, it needs to reclaim $63,200.
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Crypto Edge
Bitcoin dropped to a 21-month low of $58k—the first time since September 2024.
Despite the turbulence, BTC managed to close above the $59k support level.
To counter the current bearish momentum, it needs to reclaim $63,200.
🔥
Crypto Edge
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"We're already approaching the cycle bottom," says Jason Pizzino.
Bitcoin has already tested $58K — the top end of his estimated bottom range of $43K–$58K. Still, he notes that the definitive confirmation of the bear market's end hasn't arrived yet.
📌 The critical level this week is $62.5K. If BTC closes below its 200-week moving average, history indicates another 12% downturn could follow — potentially dropping to $51K.
✏️ Pizzino argues that even if the absolute bottom isn't confirmed, we're likely in the final phase of the bear cycle.
But several key signals still need to line up:
• No major capitulation volume spike has occurred yet
• USDT dominance continues to climb, showing capital is still exiting crypto
• The Fear & Greed Index must move from fear to neutral, and eventually greed, to confirm a new bull cycle
The next few weeks may decide whether Bitcoin is forming a lasting foundation — or faces one final drop before rebounding.
🔥
Crypto Edge
Bitcoin has already tested $58K — the top end of his estimated bottom range of $43K–$58K. Still, he notes that the definitive confirmation of the bear market's end hasn't arrived yet.
📌 The critical level this week is $62.5K. If BTC closes below its 200-week moving average, history indicates another 12% downturn could follow — potentially dropping to $51K.
✏️ Pizzino argues that even if the absolute bottom isn't confirmed, we're likely in the final phase of the bear cycle.
But several key signals still need to line up:
• No major capitulation volume spike has occurred yet
• USDT dominance continues to climb, showing capital is still exiting crypto
• The Fear & Greed Index must move from fear to neutral, and eventually greed, to confirm a new bull cycle
The next few weeks may decide whether Bitcoin is forming a lasting foundation — or faces one final drop before rebounding.
🔥
Crypto Edge
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