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Bitcoin under selling pressure.. Will $59,400 support hold?

The Bitcoin (BTC) coin is experiencing clear selling pressure after it fell to the $59,403 level before trying to stabilize near $59,600. On the 15-minute timeframe, there is continued bearish momentum, with the price trading below the key moving averages.
Technically, the MACD indicator suggests that sellers remain in control. The $59,400 level is a crucial support in the short term. If this level is broken, losses may extend toward lower areas. The price needs to reclaim the $60,100 level to restore positive momentum and begin a new recovery attempt

XRP attempts to recover after testing support.. Will it regain momentum?

XRP saw a decline toward the $1.0413 level before buy orders pushed the price back up to around $1.0475. This move comes amid the ongoing choppy conditions that are dominating the cryptocurrency market at present.

Technically, the short-term trend still leans toward caution, as the price moves below the key moving averages, while the MACD indicator suggests continued sell pressure despite limited signs of recovery. The $1.0410 level is considered an important support, while the $1.0500 – $1.0520 area is the first resistance that must be surpassed to regain bullish momentum.

If XRP manages to break above the nearby resistance, we may see an attempt to target higher levels. However, losing the current support could bring back selling pressure on the coin over the short term

Bitcoin holds above $60,000.. Awaiting a new breakout

BTC is trading near $60,326, with continued consolidation above the main moving averages on the 15-minute timeframe, indicating that the short-term bullish trend remains intact.
• Support: $60,000
• Resistance: $60,760 then $60,880.
• Forecast: A breakout above the resistance could push Bitcoin into a new upward wave, while a break below the $60,000 level could lead to a limited correction

XRP at a critical zone.. Will the bullish momentum continue?

Amid growing debate over investment strategies in Bitcoin, the cryptocurrency sector continues to focus on real value and institutional adoption. In this context, Ripple’s CEO emphasized that the future of digital assets depends on practical use, not just leverage and speculation.

Technical Analysis of XRP (15-minute timeframe):
The XRP pair is trading near $1.059 after recording a local high at $1.067
• Key support: $1.053 – $1.048.
• Near resistance: $1.067, then $1.070.
• Current trend: Positive with sideways movement, but breaking above the $1.067 level could push the price to higher levels, while a break below $1.053 may lead to a short-term correction

MSTR stock under pressure.. Is it approaching a temporary bottom?

MSTR is trading at $84.17 after a strong drop of more than 11%, and the short-term trend remains bearish as the price moves below the key moving averages, reflecting the sellers’ continued control.
• Near support: $83.50 – $81.50.
• First resistance: $85.00 – $86.20.
• The MACD indicator is still in negative territory, indicating weak buying momentum.

If the price holds above $81.50, we may see a technical rebound toward $85 – $86. However, breaking this support could open the door to further declines in the short term

Can “Strategi” withstand its resilience if Bitcoin continues to fall?

Despite growing concerns about the impact of Bitcoin’s decline on “Strategi,” estimates suggest the company may face significant pressure on the value of its shares without reaching a bankruptcy scenario or the “downward spiral” that some fear. In the worst-case scenarios, the company might have to sell part of its Bitcoin holdings to meet its obligations, though it will still retain a substantial stake in digital assets.
The estimates also confirm that the biggest risk is a drop in shareholders’ stock value, not the company’s collapse itself—especially since its current financial position is stronger compared with the 2022 market downturn.

Is Bitcoin approaching a critical correction phase in the market

Some forecasts suggest that Bitcoin may face additional bearish pressure if patterns from previous cycle repeat, which could push the price to notably lower levels. Any sharp pullback in Bitcoin could also lead to greater losses in the altcoin market due to weak liquidity and declining risk appetite. Meanwhile, other outlooks believe the potential bottom could be in the range of $42,000 to $44,000 before the uptrend resumes in the long term

Bitcoin under selling pressure.. Is it approaching a support test?

Bitcoin shows a bearish trend in the short term, as it is currently trading near $59,500 below the main moving averages, reflecting the continuation of selling pressure. The MACD indicator is still in negative territory, which supports the current weakness scenario.
• Key support: $59,100 – $58,800
• Near resistance: $59,800 – $60,500

If the price holds above the $59,100 level, we may see a rebound toward $60,000. However, breaking this support could push Bitcoin to test lower levels near $58,100

Bitcoin under strong pressure: will the decline continue toward $58,000?

The BTC pair chart on a 15-minute timeframe shows a sharp selling wave that pushed the price to the $58,115 area before a quick rebound toward $59,000. The price is still trading below the key moving averages, reflecting sellers’ control in the short term.

Support: $58,100 then $57,800.
Resistance: $60,100 then $61,200.

The MACD indicator remains in negative territory, indicating that bearish momentum is likely to persist, but the current rebound may give buyers a chance to attempt to reclaim the $60,000 level. Breaking below $58,100 could open the door to further downside, while a return above $60,100 would improve the short-term technical outlook

Bitcoin Under Pressure... Will the $61,000 Support Hold?

Bitcoin is facing increasing sell pressure amidst concerns surrounding Strategy and large liquidations in the derivatives market, alongside liquidity exiting ETF funds. These factors have contributed to a decline in sentiment and pushed the price to test important support levels.

On the 15-minute chart, BTC is trading near $61,300 after a clear failure to break the $61,600 - $61,700 resistance zone. Additionally, the MACD indicator shows weakness in the bullish momentum as the bars turn negative, suggesting continued volatility or a downturn in the short term.
• Support: $61,100 then $60,700.
• Resistance: $61,650 then $62,500.

Staying above $61,100 could give Bitcoin a chance to rebound toward $61,600, while breaking this support could pave the way to test $60,700 and possibly lower levels as market pressures persist

Ethereum Faces Selling Pressure.. Testing Support at $1630 Determines the Direction

ETH is trading around $1637 on the 15-minute chart after failing to maintain bullish momentum from the low of $1552. The price is currently retracing below the 25-period moving average while the $1630 level acts as an important short-term support.
The MACD indicator shows a bearish crossover and a decline in momentum, which suggests that selling pressure may continue in the short term. If it breaks below $1630, the price could head towards $1608 and then $1580. However, a bounce above $1650-1660 could reignite bullish momentum towards $1690.

Support: $1630 - $1608
Resistance: $1650 - $1690

The short-term trend leans negative, but holding above $1630 could give Ethereum a chance to bounce back again

The CLARITY Bill is nearing a resolution despite the busy Senate agenda.

The CLARITY Bill aimed at regulating the crypto market is making headway in the U.S. Senate, even with stiff competition from other bills concerning elections, agriculture, and defense. Cynthia Lummis confirmed that lawmakers are still targeting July for the bill’s introduction while negotiations on some regulatory details continue.

Observers believe that passing the bill could provide greater regulatory clarity for the digital asset sector, potentially boosting investor confidence and enhancing the long-term adoption of cryptocurrencies. However, the bill's fate hinges on the Senate's ability to carve out enough time to vote on it amidst a packed legislative schedule.

Ethereum is trying to hold its ground after a sharp drop

ETH is trading near $1,569 after a strong sell-off that took it down to $1,552, although there's a slight bounce. The short-term trend remains bearish with the price still below the moving averages.

Support: $1,553
Resistance: $1,577 then $1,608

A limited corrective bounce is possible, but the overall trend is still leaning bearish unless the price breaks above $1,577 and holds there.

Bitcoin at a Crossroads

Bitcoin is facing some clear selling pressure on the 15-minute chart, but a slight rebound from the $59,100 level suggests buyers are trying to defend support.

If the price manages to break above $59,800 - $60,000, we might see a short-term corrective rally. On the other hand, if it breaks below $59,100 and closes under that, it could push the price to continue dropping towards lower levels.
Current outlook: bearish momentum still reigns until a clear breakout signal above $60,000 appears

Ethereum is trying to regain momentum after a strong bounce from support

ETH is trading near $1672 after a solid rebound from the $1655 zone, with buyers managing to push the price up to $1693 before a short-term profit-taking wave kicked in. The price is still hovering above the 99 moving average while the MACD indicator suggests that positive momentum remains intact despite the current pullback.
• Near support: $1665 – $1655.
• Near resistance: $1680 then $1693.
• A breakout above $1693 could pave the way towards $1705 – $1720.
• A break below $1655 might reignite selling pressure towards lower levels

Washington Bets on Bitcoin... and Institutions Await the Regulatory Green Light

White House crypto advisor Patrick Witt confirmed that the passage of the CLARITY Act could open the floodgates for a new wave of institutional investments in Bitcoin. He noted that many financial institutions are still waiting for clearer regulatory guidance before diving deep into the market.
Witt pointed out that the U.S. government is now viewing Bitcoin as a strategic asset of economic and geopolitical importance, rather than just a speculative asset. He also confirmed that the administration is exploring ways to increase its Bitcoin reserves without burdening taxpayers with additional costs.
If the CLARITY Act is passed, it could boost the confidence of traditional institutions and support the demand for Bitcoin in the medium to long term, which could positively impact the entire digital market.

SPCXB/USDT: Range-bound near support

The price is hovering around 155.66 with weak momentum in the short term. Holding above 154 supports a push upwards towards 158–160, while a break below 154 could push the price down to 152. The current trend is neutral with a slight bullish bias

Bitcoin bounces off support and tries to recover

BTC rebounded from the level of 61,938$ to 62,550$ with improved short-term momentum
Support: $62,000
Resistance: 62,700$ then $63,375

Breaking through resistance could support a continued rise, while breaking support might bring back selling pressure on the price