Key points: Bitcoin holds Middle East ceasefire gains as $103,000 becomes the new area of interest for “buying the dip.” Institutional BTC inflows hold firm despite geopolitical uncertainty. Fed official Michelle Bowman says she would be open to a July interest-rate cut should data allow. Bitcoin (BTC) held $105,000 into the June 24 Wall Street…
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Key points: Bitcoin joins US stocks in shrugging off Middle East tensions — something analysis says shows belief that the conflict will soon end. In a surprise turn, oil and gold face losses amid a lack of interest in safe havens. BTC price action has a new CME futures gap to fill, with a target of…
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Bitcoin (BTC) enters the last week of June with geopolitics at a key crossroads and macro volatility to match — where will BTC head next? Bitcoin traders are bracing for new lows as exchange order book liquidity shifts toward the $90,000 mark. The latest developments in the Middle East sparked knee-jerk reactions on crypto, oil…
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Key points: Bitcoin sees a snap reaction to news of direct US involvement in the Israel-Iran conflict, dipping below $102,000. Traders note that war-based headlines have acted as a BTC price springboard in the past. Price analysis suggests that a local bottom may coincide with order book liquidity at around $97,000. Bitcoin (BTC) risked new…
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Key points: Bitcoin gives up pre-Wall Street gains as range-bound BTC price action stays in place. A potentially record-breaking TradFi options expiry event threatens curveball volatility across risk assets. Bitcoin continues to hold key support needed for a run at $135,000. Bitcoin (BTC) reversed earlier gains after the June 20 Wall Street open as a…
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Key points: Bitcoin seeks to exit its narrow trading range to the upside as short positions get liquidated. An unknown whale entity reveals a giant leveraged long BTC position, with the market reacting immediately. Such moves have been seen on multiple occasions in May and June. Bitcoin (BTC) took out ask liquidity on June 20…
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Key points: Bitcoin lacks volatility catalysts thanks to a US public holiday and a Federal Reserve “nothingburger,” crypto market participants say. US trade war deadlines begin to take center stage for risk assets. BTC price action is still expected to exit its narrow range this month. Bitcoin (BTC) turned sluggish on June 19 as analysis…
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Key points: Bitcoin bulls could gain from the Fed’s decision to hold interest rates, given historical tendencies, new analysis says. Falling Binance open interest with BTC/USD making higher lows could add to potential upside momentum. Order book liquidity leads analysis to forecast a short squeeze to take out $106,000. Bitcoin (BTC) should show “bullish tendencies”…
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Key points: Bitcoin sees light relief as US President Trump reveals that Iran had been in touch. Trump calls Fed Chair Jerome Powell “stupid” as markets see no chance of an interest-rate cut at the June 18 FOMC meeting. Order books show BTC price action ripe for liquidity grabs. Bitcoin (BTC) returned to $105,000 after…
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Key points: BTC price weakness accelerates after the Wall Street open as analysis warns of a “rug pull” at $104,000. Bitcoin bulls have done their best to avoid panic reactions to downside volatility triggers. US dollar strength eyes a comeback after hitting new three-year lows. Bitcoin (BTC) broke below $105,000 on June 17 as analysis…
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