“Litecoin’s active coin supply is currently turning over roughly 26 times faster than Bitcoin’s active supply. Bitcoin’s Velocity is Low. Litecoin’s Velocity is Extreme.”
BTC is showing some life after bouncing from the $56K–$58K support zone.
Price is now testing the 20-day EMA near $62K, which is the first major level bulls need to reclaim. A clean daily close above it could open the way toward $63.5K first, then possibly the $69K–$70K zone if momentum builds.
But if BTC gets rejected here, the falling wedge/flag setup could still drag price back toward $56K.
Simple view: $62K is the line to watch. Above, it looks constructive. Below it, bears still have control.
Just chart watching. Don't you dare not DYOR.
chart by r/PierresLongTermCharts
I can't help wondering if we might get a change in trend, for Bitcoin, back to up.
Why?
Well for a change in trend, we would need to see the price rise above the peak you see at my arrow "C".
At the moment the trend is very much down.
We are seeing lower lows. (see line A)(Line A is pointing downwards, as each lower low gets made.)
But if one looks below on the indicator, what do we see?
The very same lows are not falling too. They are rising. Each low is HIGHER than the one before it. And line B is pointing upwards.
This difference in the two is what they call "buy divergence."
It can mean that the price is now running out of steam. It might not be falling so hard anymore.
And often what happens, is that the price will now rise to test the highest point between the lows.
And that is where my down arrow "C" is.
Lets see if I am once again wrong.......
On Indian crypto exchanges, USDT has climbed to around ₹103, while the official USD/INR rate is ₹94.65. Normally, the premium is only 3–4%.
According to The Economic Times, the spike followed government raids on companies involved in cross-border crypto transfers. Authorities searched six offices linked to five firms accused of using USDT to bypass India’s foreign exchange restrictions.
Officials say the scheme had been running for about two years. Customers would send rupees to these companies, which then bought USDT, transferred it overseas, and sold it there.
The process was faster and cheaper than traditional bank transfers, and the USDT premium also helped clients get more rupees when exchanging funds.
After the raids, USDT liquidity on local exchanges dropped sharply, creating a shortage of the stablecoin.
🙀the end of video, Blood flow 😹
Michael Saylor's 'Strategy' currently has a $14,000,000,000 unrealized loss on its Bitcoin investment. 📉
Tom Lee's 'Bitmine' currently has a $10,500,000,000 unrealized loss on its $ETH investment. 📉
Vivek Ramaswamy's 'Strive' buys 32 Bitcoin worth $2 million. Not yet disclosed 🤑
>BTC going to 35K
will that 53% be going to 73% max pain ?
Bitcoin put options just saw their biggest premium imbalance in a year. On Deribit, put premiums hit $115 million on Friday — 7x the $16 million paid on calls. That's a 19% delta skew, and bears are celebrating like $55K is already here.
But here's what the celebration misses.
The bear case is obvious. Korean chip stocks rolling over. Rate hike expectations creeping back. ETF outflows. Liquidity tightening. BTC couldn't catch a bid when equities were pumping — that's a real warning sign.
The bull case is quieter but louder in the data:
- OGs aren't selling — long-term holder spending at 19-month low
- Institutions still hold 1.25M BTC — near all-time highs
- Fear & Greed Index at 13 — Extreme Fear. Historically a bottom signal, not a sell zone
- Hash Ribbons fired — this signal has never been wrong in a decade
The levels I'm watching:
- $60K holds → squeeze back to $65K
- $59K breaks → $55K becomes the next stop
Shorts are crowded. When the macro pivot comes — and it will — the squeeze will be violent.
The question isn't whether bears are eyeing $55K. It's whether they'll get trapped when the market rotates.
Are you shorting fear or buying the shakeout?
Full breakdown here if interested:
Bitcoin is compressing between two key levels right now: $57K and $54K.
$57,500 is the immediate level to watch — a break here clears out late longs and accelerates downside. $54,000 is the bigger one. A decisive close below that would officially break the macro bull structure.
But here's what I find interesting:
OGs aren't selling. Long-term holder spending just hit a 19-month low. Institutions still hold 1.25M BTC — near all-time highs. The Fear & Greed Index is at 17 (Extreme Fear), which historically has been a bottom signal, not a sell zone. And Hash Ribbons fired — a signal that's never been wrong in a decade.
So $57K is the more immediate test. But if it fails decisively, $54K becomes the "cycle floor" based on realized price metrics.
I broke down both scenarios in more detail here if anyone's interested:
Curious where everyone else is leaning — bounce or breakdown?
I’m reading all of the FUD. EVERYWHERE. And I want to start this rant off with, THATS WHY YOU INVEST WHAT YOU CAN AFFORD TO LOSE. I am a BTC holder and ETF holder. If this drops more I’ll eventually be a MSTR holder.
My question is are we in a crypto winter or is this the grand finale? I thought it was understood that BTC operates in a 4yr cycle? Well, technically, isn’t that where we are now?
However, there’s a lot of people talking about how crypto is done. I’m hearing Institutions are involved so it’s manipulated. Or the US government has gone after all of the people who used crypto for bad so now all of those corrupt contributors are scared.
What ever the case is. A decision has to be made. If you are anything like me, you are probably down in your position. If your anything like me you got into BTC because of the foundation of sovereign money, giving the power back to the people, my keys my bitcoin. And if that’s you, then hold on. This is no different from the previous 4 yr cycles. Why sell now? I’m down 40%. I thought 60k was support so I DCA’d. Oh well broke support? Ok once we get to the next level of support DCA some more.
Rant Done. Invest what you can afford to lose. Sorry for any grammatical errors.
Scenario 1: New lows
BTC has formed a head-and-shoulders pattern. Support has already been broken, and we’re now seeing a retest. If the rejection holds, the first target is the $55K zone, with a possible move even lower.
Scenario 2: New ATH
In previous cycles, BTC found its bottom about 23 months after breaking above the prior cycle high, then went on to make new all-time highs. Those 23 months have now passed, which could mean BTC is getting ready for another run to new ATHs.
Which scenario do you think plays out?
🚨 Breaking 🚨 per current live @ForceXHQ analytics, the @litecoin active addresses list has broken a recent 2025 ATH, and Total addresses have now climbed to 408 Million #Litecoin addresses.
Good morning all,
today's Bitcoin price outlook looks particularly interesting, as the analysis points strongly to the downside. Most of the dominant cycle components are currently in decline, resulting in a distinctly bearish forecast.
The forecast from the 19.06.26 (second screenshot) could catch the actual price development quite closely.
Join the demo stream https://www.youtube.com/watch?v=F9Xl-6vAt4c
Hi all,
after yesterday's price jumped around following the 12:00 p.m. start, the market then behaved exactly as predicted and declined until approximately 8:00 a.m.
At the moment, the algorithm indicates a mostly sideways price movement until around 9:00 p.m., followed by a slight upward move toward 63200.
Time is provided in UTC.
Please pay close attention to how closely yesterday's actual price development matched the prediction shown in the second figure. The similarity in the overall price pattern is particularly noteworthy.
