Bitcoin just hit its 2026 low. In the past hour alone, $78.95M was wiped outβ$1.48B in liquidations over the last 24 hours. Hereβs why momentum has turned so sharply:
β’ U.S. BTC ETFs saw $469M in outflows yesterday β the 7th consecutive week of net withdrawals
β’ Hotter-than-expected inflation data dims hopes for near-term rate cuts
β’ Whales have been selling; even Strategy reduced BTC holdings to cover dividend payouts
β’ Long leveraged positions are collapsing as critical support levels break
β’ 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?
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JUST IN: π 37.9% of all Bitcoin hasnβt moved in over 4 years β approaching record levels.
The long-term hold continues. Conviction runs deep. β
Source: Bitcoin Magazine on X
Crypto Edge
The long-term hold continues. Conviction runs deep. β
Source: Bitcoin Magazine on X
Crypto Edge
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Almost 38% of all Bitcoin hasn't moved in over four yearsβedging 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: πΊπΈ Senator Cynthia Lummis shares her ambition to be seen as the catalyst for Americaβs embrace of Bitcoin and digital assets. π
βI hope this spark ignites a lasting flame,β she says. π
Source: https://x.com/BitcoinMagazine/status/2070235607641510365
Crypto Edge
βI hope this spark ignites a lasting flame,β she says. π
Source: https://x.com/BitcoinMagazine/status/2070235607641510365
Crypto Edge
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HISTORY: π 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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Hurry β this opportunity expires June 30.
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Bitcoin dropped to a 21-month low of $58kβthe 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.
π₯
Crypto Edge
Bitcoin dropped to a 21-month low of $58kβthe 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.
π₯
Crypto Edge
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"We're already approaching the cycle bottom," says Jason Pizzino.
Bitcoin has already tested $58K β the top end of his estimated bottom range of $43Kβ$58K. Still, he notes that the definitive confirmation of the bear market's end hasn't arrived yet.
π The critical level this week is $62.5K. If BTC closes below its 200-week moving average, history indicates another 12% downturn could follow β potentially dropping to $51K.
βοΈ 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:
β’ No major capitulation volume spike has occurred yet
β’ USDT dominance continues to climb, showing capital is still exiting crypto
β’ 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 β or faces one final drop before rebounding.
π₯
Crypto Edge
Bitcoin has already tested $58K β the top end of his estimated bottom range of $43Kβ$58K. Still, he notes that the definitive confirmation of the bear market's end hasn't arrived yet.
π The critical level this week is $62.5K. If BTC closes below its 200-week moving average, history indicates another 12% downturn could follow β potentially dropping to $51K.
βοΈ 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:
β’ No major capitulation volume spike has occurred yet
β’ USDT dominance continues to climb, showing capital is still exiting crypto
β’ 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 β or faces one final drop before rebounding.
π₯
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Stay ahead of the curve with fresh Bitcoin insights, emerging trends, and real-time updatesβfollow us today!
π£ https://x.com/BTCTimescom
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π£ https://x.com/BTCTimescom
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The Bitcoin whale-to-retail ratio shows that big players have been steering the market since early June.
π₯
Crypto Edge
The Bitcoin whale-to-retail ratio shows that big players have been steering the market since early June.
π₯
Crypto Edge
The bitcoin whale-to-retail ratio shows that large holders have been shaping market trends since early June, highlighting their ongoing dominance in driving movement.
Source: https://x.com/BitcoinzzzCom/status/2069744595647230083
Crypto Edge
Source: https://x.com/BitcoinzzzCom/status/2069744595647230083
Crypto Edge
PlanB Says Bitcoin Could Dip Below $53,000
PlanB, the creator of the Stock-to-Flow model, argues that Bitcoin is likely to form a bottom beneath its Realized Price, which sits around $53,000.
He notes that in prior bear cycles, Bitcoin consistently fell below this level. The current Realized Price is very close to the 200-week geometric moving average, a zone PlanB sees as a key area for bottom formation.
π₯
Crypto Edge
PlanB, the creator of the Stock-to-Flow model, argues that Bitcoin is likely to form a bottom beneath its Realized Price, which sits around $53,000.
He notes that in prior bear cycles, Bitcoin consistently fell below this level. The current Realized Price is very close to the 200-week geometric moving average, a zone PlanB sees as a key area for bottom formation.
π₯
Crypto Edge
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JUST IN: π BTC has reached a level that, historically, signals the bottom of a bear marketβbased on the "Bubble-Free Bitcoin Support Rainbow" chart π
Source: https://x.com/bitcoinmagazine/status/2070613367572639960
Crypto Edge
Source: https://x.com/bitcoinmagazine/status/2070613367572639960
Crypto Edge
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