BTC was inches away from closing its six consecutive month in red, which would equal a negative streak.
Traders are watching Bitcoin crypto today as price holds high levels while sentiment plunges into extreme fear, creating a complex but active trading environment. Bitcoin around $68,800 is trading in a strange pocket of the cycle: sentiment is at Extreme Fear (8) while price remains near the upper band of this entire bull phase. The daily chart flags a bearish regime, but the downtrend is shallow and momentum is already flattening out. This is not classic capitulation; it looks more like a high-base digestion under heavy psychological pressure.
Bitcoin, the leading cryptocurrency by market cap, has now scored a month in the green, breaking a long streak of red candles on the monthly chart.
Bitcoin and US markets abruptly rebounded after signals suggesting a possible end to the conflict between the United States, Israel and Iran. Within hours, investors reacted to still uncertain political statements, repositioning their capital into risky assets.
A massive price anomaly on a major European exchange saw Bitcoin trade at just $1,000 this morning, leaving the crypto community in a state of absolute shock.
One of the few analysts who accurately called Bitcoin's 2025 top says that he's starting to buy BTC again. The pseudonymous analyst KillaXBT tells his 180,000 followers on X that Bitcoin is likely nearing a market bottom after its massive decline since October, and he is now accumulating BTC.
Bitcoin price climbed back above $69,000 as Iran's President signaled a willingness to end the conflict, lighting up risk assets prediction.
On-chain data shows the Bitcoin short-term holders are massively in loss, with just 3.2% of their supply sitting on some unrealized profit.
Uptick in exchange inflows CDD pointed to slightly elevated selling over the past week.
A new analysis released by CryptoQuant, written by contributor CryptoMe, suggests that Bitcoin (BTC) may still have room to fall this year, and that the collapse could give the ideal purchasing opportunity for long-term investors. Bitcoin Bottom At $54,000?
Analysts said long-term conviction in bitcoin is still intact, noting that the decline is more cyclical than fundamental.
Global financial markets experienced significant upward momentum on Tuesday following emerging reports that Iran may be willing to pursue diplomatic solutions to end ongoing regional tensions.