There’s a lot of potential strong support below, both long and short-term and as we discussed in yesterday’s note the preferred view is that price is rising in a new 20-week cycle with an upside target around US$33,000 by end-July/early August.
Bitcoin’s price looks to be forming a base with the level to beat near term at US$23,210, which is the open on 14 June. It’s not uncommon for push up and pull back sequences to occur in these market phases.
Korean crypto trade volumes dropped as a trade war spooked investors, triggering Bitcoin's fall, a rebound, and a spike in the Kimchi premium
BlackRock plans to launch a Bitcoin ETP in Europe, domiciled in Switzerland, expanding on its $58B US Bitcoin ETF amid its $4.4T ETF dominance
The global crypto market cap surged 8.75% to $3.31 trillion, demonstrating the sector’s resilience to macroeconomic shocks.
Bitcoin plunged below $95K after Trump imposed tariffs on Canada, Mexico, and China, driving investors to the dollar and away from risk assets
Korean crypto trade volumes dropped as a trade war spooked investors, triggering Bitcoin's fall, a rebound, and a spike in the Kimchi premium
OSL rebrands CoinBest K.K. to OSL Japan, strengthening its expansion and commitment to Japan’s digital asset market
Strategy’s rebrand and continued Bitcoin expansion signal its intent to solidify its position as the premier publicly traded Bitcoin proxy, aligning itself further with the cryptocurrency’s growing institutional adoption.
BlackRock plans to launch a Bitcoin ETP in Europe, domiciled in Switzerland, expanding on its $58B US Bitcoin ETF amid its $4.4T ETF dominance
