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: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • 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: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bitcoin (BTC) Price Watch: Next Targets if $6,500 Breaks

newsbtc
newsbtc
1 year ago
2 mins read
technical analysis bitcoin

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.

Bitcoin Price Key Highlights

  • Bitcoin is down to a major support zone visible on the long-term chart and a breakdown could lead to a test of $4,000.
  • If bears still take price below the next long-term bottom, a move towards $2,000 could come next.
  • On the other hand, a bounce off this strong floor could allow more buyers to sustain a climb.

Bitcoin is down to the major support zone around $6,500 and might aim for the next floors on a break lower.

Technical Indicators Signals

The 100 SMA is below the longer-term 200 SMA on this time frame to confirm that the path of least resistance is to the downside. This suggests that the selloff is more likely to happen than a move higher.

Price appears ready to bust through $6,500 and might make it all the way down to the next visible area of interest at $4,000. A break below this could pave the way for a move back to $2,000.

On the other hand, a bounce could lead to a pullback to the 100 SMA dynamic inflection point. Stronger bullish pressure could take bitcoin up to the 200 SMA dynamic resistance at $10,000 next. The gap between the moving averages is widening, though, so selling momentum is picking up steam.

However, RSI is indicating oversold conditions or that sellers are tired and might let buyers take over. Stochastic has some room to move lower so sellers could stay in control for a while. Once both oscillators start moving up, bitcoin price might follow suit.

BTCUSD Chart from TradingView

Bitcoin price is currently being bogged down by the ongoing probe into price manipulation, as investors might be keen on lightening their exposure before the results are released. Negative commentary could further erode trust in the industry, which could expose bitcoin to more declines.

Meanwhile the dollar is supported by positive developments in international relations, as well as the upcoming FOMC interest rate decision.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 2

  1. AssFirstNews says:
    7 years ago

    It won’t go below the February low of $6,159 so don’t worry. Next upcoming mega bull run to begin here shortly… Best advice right now is to liquidate all your other assets and dump it all into Bitcoin. Such as, take out a second mortgage on your home, or better yet, just sell the house; sell all your jewelry (i.e., wedding rings, ect.); sell your car; even sell your “ass” if anybody will buy it. Then put it ALL into Bitcoin and you’ll be filthy rich in a jiffy. Promise! 😉

    Reply
  2. F M says:
    7 years ago

    Price manipulation is what futures are all about

    Reply

Leave a Reply Cancel reply

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

Comments 2

  1. AssFirstNews says:
    7 years ago

    It won’t go below the February low of $6,159 so don’t worry. Next upcoming mega bull run to begin here shortly… Best advice right now is to liquidate all your other assets and dump it all into Bitcoin. Such as, take out a second mortgage on your home, or better yet, just sell the house; sell all your jewelry (i.e., wedding rings, ect.); sell your car; even sell your “ass” if anybody will buy it. Then put it ALL into Bitcoin and you’ll be filthy rich in a jiffy. Promise! 😉

    Reply
  2. F M says:
    7 years ago

    Price manipulation is what futures are all about

    Reply

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

Bitcoin resiste alla forte pressione di vendita su Binance Derivatives – breakout in arrivo?

Bitcoin (BTC) è rimasto bloccato in un range tra 100.000$ e 110.000$ dal 7 maggio, con alcune brevi discese fino...

clararosati 5 hours ago
Ethereum Price Action Signals Momentum Shift: BTC Sleeps And ETH Moves

Ethereum Price Action Signals Momentum Shift: BTC Sleeps And ETH Moves

Ethereum has finally pushed above the critical $2,600 level after weeks of range-bound trading, marking a potential turning point in...

Sebastian Villafuerte 6 hours ago

SPX6900 pārspēj 100 gadu S&P 500 pieaugumu tikai 2 gados – TOKEN6900 pārspēj abus, jo ICO sasniedz $260 000 9 dienās.

S&P 500 indeksam bija nepieciešams gandrīz vesels gadsimts, lai sasniegtu kopējo atdevi virs 1 700 000% – un tas tikai...

lasma 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

Dogecoin

Is Dogecoin Prepping For Takeoff? Fib Reaction And Trend Support Say Yes

Godspower Owie 2 hours ago
Bitcoin Hyper $HYPER presale meme coin

Bitcoin Hyper je dosegel mejnik 2 milijona dolarjev

tanjapotocnik 4 hours ago
bitunix platforma s tradingview

Bitunix zavádí nástroje TradingView do své mobilní aplikace, co vše nabídne?

Lenka Hanzlíková 4 hours ago

Premium Sponsors

Press Releases

  • 仮想通貨プレセール|次世代ビットコイン拡張プロジェクトが200万ドル目前、投資家が続々と参加中

    ...

    5 hours ago
  • 仮想通貨おすすめ|ビットコインが過去最高値に迫る中、ETFが70万トークンを保有

    ...

    5 hours ago
  • 新しい仮想通貨が160万ドルを調達──過剰な宣伝を避ける注目のミーム系ボット登場

    ...

    5 hours ago
  • 仮想通貨おすすめ|ビットコインが10万8,000ドル突破、2025年7月に注目の17銘柄

    ...

    5 hours ago
  • MEXC Launchpad Debuts PUMP Token with Exclusive 40%...

    5 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

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.