Bitcoinβs double-bottom setup, weekly RSI divergence and whale flows put traders on alert as BTC tests a key breakout zone.
Bitcoin snatched upside liquidity as the US trading session began, but traders warned over a failure to preserve BTC price gains.
Bitcoin gained bullish short-term BTC price targets with $69,000 on the radar thanks to the US-Iran peace deal, due to be signed in the coming days.
Bitcoin stayed near local highs on a new US-Iran peace deal pledge as analysis saw conditions favoring a sustained BTC price rebound.
Demand for ETH leverage remains low, but corporate accumulation and stakersβ dedication may prevent an Ether price crash to $1,500.
New data from Galaxy Research suggests that Bitcoin's floor price may not drop as low as previous bear markets, but the bottom-finding process is still playing out.
A positive bid-ask readings and a bullish RSI divergence support Bitcoin's recovery, with $70,000 emerging as a key target.
Bitcoin hit $64,000 as SpaceX launched a record-breaking IPO and US-Iran peace deal hopes continued to grow, but doubts over BTC price support remained.
Bitcoin miner metic sparked talk of "capitulation" as profit margins stayed under 5%, but the BTC price bear-market bottom remained absent.
SpaceXβs IPO hype may fuel a strong debut, but history shows richly valued listings often struggle after the first-day pop fades.
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