$ATOM $ATOM is showing a healthy rebound structure after dropping toward the 1.750 support area. Price is now back near 1.795 and attempting to stabilize around the moving averages. The important point here is that sellers pushed price lower, but buyers reacted strongly from support. That bounce created a potential higher-low formation, which is often the early stage of a trend reversal. $ATOM is currently close to EMA5, EMA10, and EMA20, showing compression. When price compresses near moving averages after a bounce, it usually means the market is preparing for the next directional move. The first resistance is around 1.836. If $ATOM breaks and holds above that level, the next upside targets are 1.850 and 1.920. As long as 1.750 remains protected, the bullish recovery structure stays valid. $ATOM looks like a strong watchlist setup for continuation if volume starts increasing.
MAR 2021: $1,700 JUN 2021 $1,700 JUL 2021: $1,700 JUN 2022: $1,700 AUG 2022: $1,700 SEPT 2022: $1,700 FEB 2023: $1,700 MAR 2023: $1,700 JUN 2023: $1,700 AUG 2023: $1,700 SEPT 2023: $1,700 OCT 2023: $1,700 APR 2025: $1,700 FEB 2026: $1,700 JUN 2026: $1,700 Please comment
🚨 #Bitcoin just did what crypto does best: panic everyone at $60K, then rip back to above $66K when nobody expects it.
$BTC has surged roughly 11% from its June lows as reports of a US-Iran peace agreement sent oil prices crashing and risk assets flying higher. Meanwhile, traders are eyeing the next major battleground at $67.5K, where a cluster of short positions could fuel an even bigger squeeze. The peace deal wass confirmed by the Pakistani PM on Twitter. CoinGlass data showed #BTC open interest rising to roughly $49.5 billion.👀
For now, Bitcoin has done something important: it survived the panic, reclaimed $66K, and shifted the conversation from "How low can we go?" to "How high can this squeeze run?" 😏 #BTC Price Analysis#
📅 June isn't over yet, and we still have several major macro events that could influence $BTC and the broader crypto market.
The biggest one arrives this week:
🔹 June 17 - Federal Reserve Interest Rate Decision The Fed will announce its latest rate decision and release an updated policy statement. While markets aren't expecting a rate cut, traders will be closely watching every word for clues about future monetary policy. Historically, Fed meetings have been among the biggest volatility catalysts for both stocks and crypto.
Looking ahead:
🔹 June 25 - US GDP Report Fresh data on the growth of the world's largest economy will provide another key signal for investors. Stronger-than-expected numbers could reinforce the "higher for longer" narrative, while weaker data may revive hopes for future rate cuts.
The good news? Bitcoin has already reclaimed the $65K level. The question now is whether the bulls can maintain momentum through the rest of June.
Which event do you think will have the biggest impact on BTC: the Fed or GDP data?
🟠 While $BTC is trying to reclaim the $64K level, SpaceX officially debuted on Nasdaq, with SPCX shares opening around $150–152 versus the IPO price of $135 and quickly climbing above $166 - a gain of roughly 24% on day one.
The rally pushed the company's valuation above $2 trillion, instantly placing SpaceX among the world's most valuable public companies.
Not a bad first day for a company that was private just yesterday. 🚀