NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism

Bitcoin And Crypto Market Crashing: BCH, LTC, EOS, ADA Analysis

Aayush Jindal
Aayush Jindal
Last Updated: June 11, 2024 12:49 pm
2 mins read
Bitcoin Crypto Market Altcoinsanalysis

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

  • The total crypto market cap is down more than $25.0B and it tested the $175.0B support.
  • Bitcoin price is now trading well below the $7,000 level, with a bearish angle.
  • Litecoin (LTC) price is down more than 8% and it even traded below the $45.00 support.
  • BCH price is now trading below the main $200 support area.
  • EOS price is down 10% and it is now approaching the $2.250 support zone.
  • Cardano (ADA) price is under a lot of pressure and it is trading below the $0.0350 support.

The crypto market cap and bitcoin are down significantly. Ethereum (ETH), ripple, litecoin, BCH, EOS, tron (TRX), and ADA are declining heavily.

Bitcoin Cash Price Analysis

In the past few days, bitcoin cash price started a sharp decline below the $265 support against the US Dollar. BCH tumbled below many supports near $250 and $235 to move into a bearish zone. Moreover, there was a break below the $210 support and the price is now trading below the $200 support level.

The next immediate support is near the $185 level, where the bulls may emerge. On the upside, the previous supports near $210 and $215 are likely to act as hurdles in the near term.

Litecoin (LTC), EOS and Stellar (XLM) Price Analysis

Litecoin price is down sharply and it settled below the $50.00 support. LTC price even broke the $45.00 support area and it is now approaching the $42.00 support area. If there are more losses, the next support is seen near the $40.00 level. On the upside, an initial resistance is near the $45.50 and $46.20 levels.

EOS price is down close to 10% and it broke many supports near the $2.500 level. The price is now trading near the $2.350 support and it could continue to move down towards the $2.250 level. On the upside, there are many hurdles for a recovery near the $2.500 and $2.550 levels.

Cardano price is tumbling and now trading well below the key $0.0500 and $0.0450 support levels. ADA price is trading below the $0.0350 support and it is approaching the $0.0320 support. Any further losses might call for a test of the $0.0305 level.

Crypto Market Cap Bitcoin
Crypto Market Cap

Looking at the total cryptocurrency market cap hourly chart, there was a nasty decline below the $220.0B support area. The crypto market cap even broke the $200.0B support area and declined more than $40.0B. It tested the $175.0B and it seems like it could even test the $164.0B support area.

Therefore, there are chances of more downsides in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, XLM, BNB, TRX, XMR, and other altcoins in the coming sessions.

Tweet123Share253ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin

Here’s The Bullish Trend Developing To Trigger A 174% Move For The Dogecoin Price

A fresh analysis points to a developing bullish pattern that may set the stage for a massive surge in the...

Scott Matherson 3 hours ago
Bitcoin

Is Strategy Buying Bitcoin Again? Saylor’s ‘Green Dots’ Suggest Yes

Michael Saylor’s recent post has stirred fresh buy speculation around Strategy’s Bitcoin holdings. He shared a portfolio chart and wrote,...

Christian Encila 5 hours ago
Grayscale LINK ETF Lanceert Deze Week – Betere Prestatie Dan XRP Eind 2025?

Grayscale LINK ETF Lanceert Deze Week – Betere Prestatie Dan XRP Eind 2025?

De markt voor crypto nieuws krijgt er opnieuw een blikvanger bij. Grayscale brengt een spot Chainlink ETF naar de beurs,...

Lars Diederiksen 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin : la corrélation avec la liquidité mondiale se casse en 2025.

Bitcoin vs liquidité mondiale : pourquoi le lien s’est brisé en 2025

evanss 1 hour ago

Pourquoi Chainlink est la meilleure crypto à conserver jusqu’en 2030

evanss 2 hours ago
Massive Ethereum Distribution Continues: Whale Sends Another 5,000 ETH To Binance

Massive Ethereum Distribution Continues: Whale Sends Another 5,000 ETH To Binance

Sebastian Villafuerte 2 hours ago

Premium Sponsors

Press Releases

  • Trader có tỉ lệ thắng 100% vừa vào lệnh long 3...

    58 minutes ago
  • リップル 今後:2026年末に5.50ドル到達は現実的か?

    リップル...

    4 hours ago
  • Trader with 100% Win Rate Goes Long on These 3 Cryptocurrencies

    Trader 100%-os nyerési aránnyal long pozíciót nyit...

    5 hours ago
  • 急落の中で試される重要サポ

    イーサリアム...

    6 hours ago
  • 次の強気転換へ向けた市場シグナルを徹底解説

    ビットコイン...

    6 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.