#MarketPullback Bitcoin price Bollinger Bands 'failure' risks end of uptrend at $112K
🚨🚨🚨🚨😭😭😭😭🚨🚨🚨🚨
Bitcoin Bollinger Bands analysis leads to potentially grim conclusions about the fate of the BTC price rebound, which began at sub-$75,000 lows in April.
Key points:
BTC price action has rejected from the upper Bollinger Band several times since April.
The metric’s creator now sees the potential for the local uptrend to end altogether.
Bitcoin bulls face multiple headwinds in June.
$BTC
is signalling the end of its local uptrend after rejection at $110,000, one of the best-known trading names says.
In X posts on Friday, John Bollinger, famous for creating the Bollinger Bands volatility metric, called time on Bitcoin’s comeback from April lows.
Bitcoin bull run barriers stack up As Cointelegraph continues to report, Bitcoin faces multiple hurdles to price discovery after making swift gains in May.
$BTC $SOL #BTCPrediction Bitcoin slips below $104K as liquidations exceed $1 billion amid the Israel-Iran conflict. Is BTC set to retest $100K? 🚨🚨🚨🚨🚨🐳🐳🐳🚨🚨🚨🚨🚨
The risk-on sentiment in the crypto market is weakening due to the recent Israeli attack on Iran. Amid escalating tensions, crypto market liquidations have surpassed $1 billion.
Bitcoin Price Analysis
On the 4-hour chart, Bitcoin recently reversed from the $110,266 resistance level, resulting in a correction of over 5% in the past three days. With the latest 4-hour candle closing below the 200-period EMA at $104,557, Bitcoin is testing a local support trendline.
Recent candles show lower price rejections, indicating that Bitcoin is struggling to hold above the critical trendline. BTC risks retesting the $101,763 support level, raising the probability of a drop toward the psychological $100,000 mark.
As bearish pressure builds, the MACD and signal lines have moved into negative territory, accompanied by a surge in bearish histogram bars on the daily chart. Thus, momentum indicators reveal a bearish bias, increasing the likelihood of a trendline breakdown.
However, a potential Morning Star pattern forming near critical support could trigger a bullish reversal, possibly pushing the price up to test the 100 EMA at $106,402.
Jaw-dropping 1,446% liquidation imbalance stuns Bitcoin in 24 hours, $443 million crypto bloodbath Over the past 24 hours, BTC saw a literal tsunami of long liquidations totaling $415 million - compared to just $28.69 million in shorts - a 1,446% imbalance between the two sides
coin glass data share the above information
The worst of it happened in the early hours, when BTC dipped below $103,000. That move set off a chain reaction of forced liquidations, mostly hitting over-leveraged longs.
In a significant move set to reshape the landscape of cryptocurrency access points, Bitcoin Depot (NASDAQ: BTM), a leading U.S.-based Bitcoin ATM operator, has announced a key acquisition. The company has successfully acquired the assets of Pelicoin, a prominent Crypto ATM operator primarily based in Louisiana. This strategic step is poised to substantially enhance Bitcoin Depot‘s operational footprint, particularly within the vital Gulf South region.
What Does the Bitcoin Depot Acquisition Mean?
The Bitcoin Depot acquisition of Pelicoin‘s assets is more than just a simple business transaction; it represents a calculated expansion strategy. By integrating Pelicoin‘s existing infrastructure, Bitcoin Depot gains immediate access to a well-established network of Bitcoin ATM locations. This is crucial for a business model that relies heavily on physical accessibility for users looking to buy or sell cryptocurrency using cash.
The primary benefit of this acquisition for Bitcoin Depot is the rapid expansion into new and existing markets without the time and cost associated with building new locations from scratch. It leverages Pelicoin‘s established presence and customer base.
Expanding the Bitcoin ATM and Crypto ATM Footprint
The deal significantly bolsters Bitcoin Depot‘s nationwide presence. While the exact number of locations acquired was not specified in the initial announcement, the addition of Pelicoin‘s machines means more places where customers can easily interact with the crypto market. These new locations are strategically spread across several states, including:
Louisiana
Mississippi
Tennessee
Alabama
Texas
This expansion through the Pelicoin acquisition enhances the density of Bitcoin Depot‘s network, making it more convenient for users in these states to find a nearby Bitcoin ATM or Crypto ATM. A larger, more accessible network is a direct competitive advantage in the burgeoning crypto ATM industry.
#TrendingTopic There’s Bitcoin News from Japan – They Had Announced Their Intentions in February Japan-based video game developer Gumi Inc. announced that it has purchased 1 billion yen (about $7 million) worth of Bitcoin.
The company announced this acquisition, which was made in accordance with the decision taken at the board of directors meeting held on February 10, 2025, to the public with an official press release.
The details were shared as follows:
Total purchase amount: Approximately 1 billion yen (approximately 7 million dollars)
Amount of BTC purchased: 80,352 BTC
Average unit price: 12,430,257 yen (about 87,000 USD)
Congratulations to everyone who took the trade based on my last signal — your trust and patience have paid off! 🎯📈 The market moved exactly as anticipated, and it’s great to see so many of you locking in solid profits. This is a reminder of the power of following a clear plan, sticking to risk management, and staying disciplined even during volatile conditions. Whether you hit your targets or secured partial profits, every win builds confidence and experience. Let’s continue to analyze the market with precision and avoid emotional trading. Remember, it’s not just about one successful trade — it’s about consistent growth over time. I appreciate the positive feedback from those who shared their results. Stay tuned for my next signal, and as always, manage your positions wisely. 🚀💰 Drop your profits below — let’s celebrate these wins together! #TradingSuccess #CryptoSignals
#IsraelIranConflict The Israel-Iran conflict has fueled global geopolitical tensions, creating uncertainty across financial markets, including cryptocurrency. As fears of a broader regional war intensify, investors often seek safe-haven assets. Traditionally, this benefits gold and the U.S. dollar, but Bitcoin (BTC/USDT) has also seen increased demand as a perceived hedge against instability and fiat currency risks. Following major escalations or military actions between Israel and Iran, BTC/USDT typically experiences spikes in volatility. Prices may surge due to safe-haven buying or drop sharply if investors de-risk broadly across speculative assets. Additionally, rising oil prices, driven by Middle East tensions, can stoke inflation fears, indirectly supporting Bitcoin’s appeal as an alternative store of value. However, extreme risk-off sentiment can trigger liquidation of crypto holdings, causing sharp sell-offs. Overall, the Israel-Iran conflict introduces heightened uncertainty, contributing to BTC/USDT’s choppy, sentiment-driven moves rather than a clear directional trend.
##IsraelIranConflict #BTCPrediction The Israel-Iran conflict has fueled global geopolitical tensions, creating uncertainty across financial markets, including cryptocurrency. As fears of a broader regional war intensify, investors often seek safe-haven assets. Traditionally, this benefits gold and the U.S. dollar, but Bitcoin (BTC/USDT) has also seen increased demand as a perceived hedge against instability and fiat currency risks. Following major escalations or military actions between Israel and Iran, BTC/USDT typically experiences spikes in volatility. Prices may surge due to safe-haven buying or drop sharply if investors de-risk broadly across speculative assets. Additionally, rising oil prices, driven by Middle East tensions, can stoke inflation fears, indirectly supporting Bitcoin’s appeal as an alternative store of value. However, extreme risk-off sentiment can trigger liquidation of crypto holdings, causing sharp sell-offs. Overall, the Israel-Iran conflict introduces heightened uncertainty, contributing to BTC/USDT’s choppy, sentiment-driven moves rather than a clear directional trend. $BTC $SOL $BNB
#TrumpTariffs Bitcoin slides, gold spikes after Israel strikes Iran, Israeli PM warns campaign will last as many days as needed
Bitcoin dropped 5% to $102,900 after Israeli airstrikes on Tehran.
Gold surged to $3,420 as investors sought safer assets amid rising tensions.
On Thursday, the leading digital asset managed a modest rebound to $108,450 from $107,000, even as market absorbed bearing pressure from reports that Israel had notified US officials of its intent to launch an operation against Iran.
Tensions escalated after Israel launched “Operation Rising Lion” against Iran, with Israeli Prime Minister Benjamin Netanyahu stating, “This operation will continue for as many days as it takes to remove this threat.
#BTCPrediction Time to ‘pull the brakes’ on Ethereum and rotate back to Bitcoin Time to close the Short trades and wait for pull back, btc is going to pullback guys so buy the dip or fear of missing out
#BTCPrediction Bitcoin's decline today is influenced by US-China trade deal outcomes and geopolitical tensions involving Israel and Iran. The potential for future Federal Reserve rate cuts is increasing despite a slight decline in May's headline inflation figures$BTC $DASH more 🐻 about to come 😁😁😁