Bitcoin price sinks to 2-week lows as US stocks fail to copy Asia rebound

Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia.

Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia.

The Japanese yen crosses a key psychological level after the countryβs central bank reportedly conducted a major currency intervention.



Bitcoin analysis warned that $60,000 may not hold next, as bear-market moves continued and macro hurdles multiplied.

Bitcoin traders warned that it should be Q3 at least before the real BTC price bear market bottom entered.

Bitcoin realized losses remained below the $211 billion tally from 2022, leading to a prediction that the next bear-market bottom was not yet in.

Bitcoin sellers were losing steam, market analysis said as ongoing BTC price downside brought the market closer to $60,000.

Bitcoin struggles to overcome US selling pressure with markets on edge ahead of Nvidia's Q1 earnings report.

BTC price stayed pinned below $77,000 amid rising US bond yields and oil prices, with market analysts saying Bitcoin is now at a "crucial level of support."

Bitcoin faced a choice between consolidation and new local highs as $80,000 support held despite flash BTC price volatility and liquidity grabs.

Bitcoin avoided a weekend drop as $80,000 stayed in place, but traders saw BTC price action dipping below before continuing higher.

Bitcoin market participants favored a short-term return to $73,000 as resistance stayed in place, with some analysis seeing even lower levels.

Bitcoin and risk assets faced an uphill struggle after the S&P 500 hit new all-time highs as analysis warned that BTC price support was at risk.

Bitcoin brought its bull market support band as a key level for BTC price action to reclaim during the weekly candle close.

Bitcoin achieved new six-week highs at the week's first Wall Street open, but analysis stayed risk-off, arguing that the long-term BTC price downtrend was still in place.

Bitcoin traders demanded further support reclaims to avoid a return to fresh macro lows next, as BTC price hit six-week highs.

Bitcoin moved back above $70,000 after the United States Consumer Price Index met market expectations, while traders monitored oil prices.

Two-year Bitcoin hodlers have βabsorbedβ seller pressure in recent weeks, according to new research, but most analysts still expect new macro BTC price lows.

Bitcoin round-tripped gains after a spike to $70,000 as liquidity traps began to characterize BTC price action on the US bank holiday.