Bitcoin shows signs of 'easing momentum' but traders still expect $150K

Bitcoin (BTC) may be poised to rebound despite its recent decline. Analysts suggest that common market patterns and increased global liquidity could see Bitcoin price rise above $130,000 by July. Notably, chart analysis suggests that Bitcoin's price could continue rising if certain macro and on-chain signals continue to be bullish. One notable point is that the cryptocurrency's upward trend mirrors that of the global M2 money and follows familia…

Bitcoin Price Prediction: Analysts Eye $135K Surge in June

Bitcoin (BTC), the worlds largest cryptocurrency by market capitalization, could rally to $135,000 in June, according to prominent trader and technical analyst Chris Vermeulen. Vermeulen highlights that Bitcoin is showing a strikingly similar chart pattern to late 2024, suggesting a significant breakout is near. The chart is primed and ready. We are long Bitcoin, and it is ready to have a big pop and move, he stated. At the time of writing, Bitc…

Bitcoin shows signs of 'easing momentum' but traders still expect $150K - WorldNL Magazine

Key takeaways:Bitcoin’s RSI has dropped 15% and is now below the overbought threshold.Bitcoin futures flip bearish with a 43% decline in perpetual CVD.Analysts predict Bitcoin could reach $150,000 as long as a key support level holds.Bitcoin’s (BTC) price hit fresh all-time highs of nearly $112,000 on May 23, gaining 50% from its April 1 lows. According to analysts, BTC price is now “showing signs of easing momentum” as it consolidates. Bitcoin’…

Bitcoin shows signs of 'easing momentum' but traders still expect $150K

Key takeaways:Bitcoin’s RSI has dropped 15% and is now below the overbought threshold. Bitcoin futures flip bearish with a 43% decline in perpetual CVD. Analysts predict Bitcoin could reach $150,000 as long as a key support level holds. Bitcoin’s (BTC) price hit fresh all-time highs of nearly...