Top cryptocurrency news and analysis

All the latest in the crypto world such as blockchain developments, regulatory changes and macroeconomic trends impacting crypto prices. Our expert analysis covers market sentiment, technical patterns and more on cryptos like Bitcoin and Ethereum to help you trade smarter.

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Chart alert: Bitcoin (BTC/USD) potential near-term bullish reversal emerging from the sub-$70K plunge
Bitcoin (BTC/USD) has suffered a sharp 16% correction after MicroStrategy’s unexpected sale of part of its Bitcoin holdings triggered a breakdown in market sentiment and accelerated ETF outflows. However, technical and on-chain indicators are now pointing toward potential selling exhaustion. Oversold RSI conditions, elevated long liquidations, and continued accumulation by long-term holders suggest Bitcoin may be nearing a bullish reversal if it can maintain support above US$62,250.
by Kelvin Wong
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