Analysis
Bitcoin channel predictions align with market movements over 6 months
Analyzing Bitcoin's support at $49k and resistance at $61k using simple trading channels.
Liam 'Akiba' Wright 3 min read Price Watch News
Track crypto price watch updates, sharp market moves, key levels, and fast reactions to breaking developments across digital assets.
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Top Price Watch Stories
Liam 'Akiba' Wright 3 min read 
Adoption
Crypto adoption jumps 6.4% in H1’24 on the back of Bitcoin, Ethereum milestones
The number of owners rose 6.4% to 617 million by June from 580 million at the end of 2023.
Crypto
Bitcoin holds $56k support amid heightened volatility as options expiry looms
The $56,000 support has become a focal point for traders, as more than $1.4 billion in Bitcoin options are set to expire at 8:00 A.M. UTC.
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Crypto
US government transfers 10,000 Silk Road BTC to Coinbase Prime, Bitcoin price holds steady
Despite the likely selling movement, BTC showed a positive 0.5% price variation in the past hour, resisting the "government dump."
Trading
Bitcoin climbs almost 5% to $61.5k as market reacts positively to Mt. Gox distributions
The flagship crypto was still up 3.75% over the past 24 hours and trading at $60,770 as of press time,
Crypto
Crypto liquidity crisis causes major price slippages during sell-offs – Kaiko
The liquidity concentration issues got worse since the launch of spot Bitcoin ETFs in the US, adding risks of sharp weekend price swings.
Crypto
Short-term Bitcoin investors face pain, triggering panic selling worries
The average price of short-term Bitcoin investors sits at $64,860, which could trigger capitulation if another sell-off happens.
Analysis
Institutional investors bought the dip despite Bitcoin’s steep crash below $50,000
According to market experts, traders expect a "bullish second half of the year" with options placing the price between $90,000 and $100,000.
Crypto
Judge ends Ripple, SEC lawsuit with $125 million fine, XRP surges 18%
District Judge Analisa Torres partially granted the motion from remedies filed by the SEC against Ripple.
