Bitcoin returns to the price that capped 2021, defined 2024, and now tests the rally again
Bitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle.
Bitcoin remains under pressure after a sharp decline over the past several weeks, with technical indicators, ETF flows, and market sentiment all pointing to a cautious near-term outlook.
The Bitcoin price has suffered a significant crash, falling from above the psychological $70,000 this week. Crypto pundit Nobler cited why the leading crypto was crashing, while analyst Chiefy revealed what to expect next from BTC.
June 3, 2026, 2:30 pmBitcoin long-term holder data shows the bear market has further to run before BTC reaches its cyclical bottom.
June 3, 2026, 2:17 pmBitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle.
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Bitcoin's drop to $65,000 triggered over $1.8 billion in crypto liquidations as traders brace for a test of $60,000 as support.
Bitcoin’s brief slide under $66,000 dragged the broader market into one of its sharpest selloffs in months, with more than $1.8 billion in positions liquidated. Yet on-chain data shows large wallets or crypto whales are not fleeing in unison.
Tuesday saw a continuation of Bitcoin’s crash out of its 4-month bear flag. The price continued to plummet following Monday’s breakdown out of the bear flag and it was only the important $66K horizontal level that stopped the fall.
Bitcoin’s aggressive break below $70,000 has shifted the market from a debate over dip-buying to a more defensive question of how far traders now need to insure against the next leg lower.
Bitcoin enters a critical demand zone as fear, liquidations, and whale selling intensify.