The pattern, however, has an invalidation level. A strong daily close above the 200-day moving average would weaken the setup and open room for upside momentum. This could trigger a short squeeze, pushing Bitcoin toward the $85,000 to $88,000 range.
Bitcoin Is Printing A Textbook Bearish Pattern That Can Trigger A $30,000 Wipeout
Latest News
Ethereum Foundation to Cut Budget by 40% in Major Restructuring
The Ethereum Foundation (EF) has announced a comprehensive reorganization that includes a 40% reduction in its 2026 budget and a 20% cut to its workforce, signaling a shift toward a leaner, endowment-style operational model for the blockchain ecosystem.Wayne Ingram
Japan Regulators Greenlight Ripple’s RLUSD Stablecoin Launch
The Japan Financial Services Agency (JFSA) approved RLUSD under the Payment Services Act.Wayne Ingram
SpaceX Prices Record $75B IPO at $135, Hits $1.8T Valuation
SpaceX has officially executed the largest initial public offering in Wall Street history, substantially eclipsing all previous market records.Wayne Ingram
Stablecoin Secondary Market Rules Pit Banks Against Crypto
The Bank Policy Institute and The Clearing House want anti-money laundering rules to cover secondary market activity.Martha Grizzard
VerifiedX Launches Bitcoin Sidechain for Native DeFi Privacy
VerifiedX has officially introduced a decentralized "reliever chain" designed to bring programmable, privacy-preserving functionality to the Bitcoin network.Martha Grizzard
Top
View more- 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
- 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
- 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
- 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
- 5CZ: compared with the record high nine months ago, the current situation of the industry is much better
Top Gainers
View more | |
 | |
 | |
 | |
 |
Top Trending
View more | |
 | |
 | |
 | |
 |
Recently added
View more | |
 | |
 | |
 | |
 |
Learn
View more- 1What Are Appchains? How Do Application-Specific Blockchains Work?
- 2What Is Chain Abstraction? What Are the Advantages and Challenges?
- 3What Are Intent-Based Transactions? How Do They Work?
- 4What Are Modular Blockchains? How Do They Scale Networks?
- 5Can Stablecoins Earn Interest? How to Generate Real Yield?