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Crypto

Bitcoin faces July rebound test after 18.5 percent June slide; $75,000 view also

Bitcoin is down about 18.5 percent in June, raising the risk of its worst monthly return since mid-2022, while markets debate a July rebound versus further declines. Analysts focus on whether the $60,000 support level holds. Some point to heavy short positions in futures and seasonal patterns that have historically made July stronger than June. Others flag technical weakness, including trading below key long-term averages, with $55,000 cited as a possible downside target.

Crypto

Bitcoin bearish signals stack up, $54,000 warning light from charts and on-chain indicators

Bitcoin has fallen below $60,000, triggering additional downside signals on technical charts and on-chain indicators. Cointelegraph reported it slid to around $58,000 intraday on June 25, giving up June gains, with about $54,000 flagged as the next downside area. A rounded top pattern and a bearish flag breakdown both point to the same target. Glassnode’s MVRV bands place a 1.0 level near $53,390, while a deeper selloff could shift focus to about $42,700.

Crypto

Bitcoin weakens as South Korea, Japan stocks swing; fears of drop to $54,000

Bitcoin slipped below $62,000 as selling in Asian technology shares and sharp falls in regional stock markets weighed on risk sentiment. It fell to $61,860, nearing its lowest level in about two weeks. South Korea’s KOSPI dropped 10 percent and Japan’s Nikkei 225 fell about 4 percent. Some traders flagged $60,000 as a potential next entry zone, while derivatives markets showed limited reaction despite major events scheduled this week.