Bitcoin Stalls as Ethereum Flashes Worst Weekly Signal in Years: Analysis
In brief Bitcoin fell 2.89% this week, closing at $61,749 after failing to break resistance in the $64–65K range—the key zone bulls needed to reclaim to change the short-term narrative. Ethereum confirmed a weekly death...
Bitcoin 1 Minute
A notable development has hit the crypto markets. In brief Bitcoin fell 2. 89% this week, closing at $61,749 after failing to break resistance in the $64–65K range—the key zone bulls needed to reclaim to change the short-term narrative.
Ethereum confirmed a weekly death cross for the first time in years, with its 50-week EMA now below its 200-week EMA, and prediction market traders now pricing a 72. 3% chance ETH hits $1,500 before it sees $3,000 again.
The broader crypto Fear & Greed Index sits at 23 (extreme fear), spot Bitcoin ETFs just ended a 10-day, $2. 7 billion outflow streak.
Crypto markets are watching this development closely as investors weigh its potential impact on prices.
