Bitcoin Rebound From $100,000 â Healthy Pullback Or Start Of Deeper Correction?
Bitcoin Rebound From $100,000 â Healthy Pullback Or Start Of Deeper Correction?
On Thursday, Bitcoin (BTC) prices dipped to below $101,000 as fallout between US President Donald Trump and worldâs wealthiest man Elon Musk rocked the US financial markets. However, in the past 48 hours, the maiden cryptocurrency has registered a rebound climbing to above $105,000 before slipping into a sideways movement. Amidst these developments, a popular [âŠ]
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Best Altcoins to Watch as Global Crypto Adoption Grows in Japan and Dubai
The crypto world is bustling with momentum. Japan just revamped its Payment Services Act to be âcrypto-friendly,â opening the door for more institutional and mainstream adoption across Asia. In Dubai, tokenized real estate pushed sales past $18B in May â proof that onâchain ownership of physical assets is no longer science fiction. Meanwhile, Bitcoin is [âŠ]
Bitcoin Price Watch: Range-Bound Action Hints at Imminent Move
The price of bitcoin hovered at $105,384 on June 8, 2025, with a market capitalization of $2.09 trillion and a 24-hour trading volume of $15.81 billion. Throughout the session, it moved within a tight intraday range of $105,112 to $105,891, indicating relative short-term stability amid a broader consolidation. Bitcoin The 1-hour chart analysis reveals a [âŠ]
EU Might Make Bitcoin Illegal, XRP and RLUSD Aim to Replace SWIFT, and More â Week in Review
EU might make Bitcoin illegal, XRP and RLUSD aim to replace SWIFT, Elon Musk backs Coinbase warning: Bitcoin could replace Dollar, and more in this Week in Review. Week in Review Europeâs privacy regulators are weighing guidelines that could effectively criminalize Bitcoin transactions. Ripple is pitching XRP and its planned RLUSD stablecoin as a lightning-fast, [âŠ]
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Breakout In Sight? SUI Set To Test Crucial $3.5 Resistance With ATH In View
Popular market analyst Ted Pillows has tipped Sui (SUI) for an impending price breakout. Notably, the prominent altcoin has recorded a steady price decline in the past month with an estimated loss of 17.18% within this period. However, Pillows notes the formation of a bullish pattern which indicates substantial market relief ahead. Related Reading: SUI Rally At Risk? Analysts Warn Of 30% Dip If This Level Doesnât Hold SUI Gathers Momentum Ahead Of Showdown With Resistance In an X post on June 7, Pillows shares a positive insight into the SUI market despite a sustained downtrend throughout May and early June. The analyst notes that SUI appears to hit local bottom within the $2.8-$3.0 following a slight rebound in the past 48 hours. Interestingly, this recent price action could signal market reversal especially considering the formation of a bullish descending wedge pattern on the SUI daily chart. For context, the descending wedge is a classic bullish reversal pattern marked by two converging trend lines sloping downward as seen in the chart below. The price action within the wedge which typically consists of lower highs and lower lows but the decreasing slope of the lows signal a weakening bearish pressure. Considering the rebound from the $2.8 which represents the lower boundary of the descending wedge and the narrowing of both trend lines, Pillows postulates SUI is preparing for a major upside price breakout. However, the altcoin must overcome a crucial resistance at $3.5 price level which represents the upper boundary of the descending wedge pattern. Pillows explains that a successful daily price close above $3.5 is likely to trigger a robust buying pressure that could force a SUI market rally for the next 2-3 weeks leading to a new all-time high. Based on the analysis presented, initial price targets are set at $4.00 indicating an instant return to the peak price region in May. However, with Pillowsâ analysis hinting at a new all-time high, investors should expect any potential price breakout to hit a minimum price target of $5.21 representing a 60.8% gain on present market prices. Related Reading: Crypto Analyst Says This Bitcoin Top Signal Hasnât Gone Off Yet â What To Know SUI Price Overview At the time of writing, SUI trades at $3.23 representing a 2.33% gain in the past day. However, weekly and monthly losses of 1.01% and 17.10%, respectively suggests the altcoin still has ground to make up. Nevertheless, SUI remains one of the best performing tokens of the present market cycle with potential star of the altseason considering its 211.11% in the last year. Featured image from Binance Academy, chart from Tradingview
Bitcoin Mirroring Goldâs Rally: Analyst Sets $130,000 BTC Target By Q3 2025
Bitcoin appears to be walking a well-worn path, one that gold traced out not long ago. According to an analysis shared by crypto analyst Ted Pillows on the social media platform X, the current price structure of the leading cryptocurrency is closely imitating goldâs trajectory from its accumulation phase through distribution and a breakout rally. [âŠ]
Latam Insights: Brazil Defies Trumpâs Threats; Meliuz Seeks Funding to Purchase BTC
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this weekâs edition, Lula defies Trumpâs tariff threats, Meliuz seeks financing to increase its bitcoin reserves, and Tether invests in Chile-based Orionx. Brazil Defies Trump Tariff Threats, Backs Dollar-Free BRICS Trade Brazilian President Luiz InĂĄcio [âŠ]