Bitcoin trades in a tight mid‑$60k range beneath stacked moving‑average resistance, with extreme fear and weak momentum keeping any breakout on a short leash.
BTC held above the $64K–$65K demand zone, with $76K acting as the next resistance target.
Tech mogul Elon Musk is convinced that quantum computers could enable the recovery of lost crypto wallet passwords – a plus side of the computing technology amid all the recent buzz of the great risks it poses to blockchain and cryptocurrencies.
Bitcoin jumped to $68,000 Thursday. Traders bought hard after news broke about possible progress in US-Israel-Iran talks, though futures markets tell a different story about what's coming next.
With a few hours to go, bitcoin has tumbled 22% in the first quarter, following a 25% drop in the last quarter of 2025.
Long-term holders are the least reactive to short-term price swings, so their decision to sell at a loss is seen as fear spreading widely.
Elon Musk highlights a potential upside to quantum threats as Google research sparks a new debate over Bitcoin security risks.
Bitcoin hovers close to $68,000 on Thursday but traders can't agree where it's headed next. Some analysts warn the cryptocurrency could tumble back to $60,000 while others see technical patterns pointing toward $82,000.
Bitcoin may no longer be moving in lockstep with the S&P 500 over a short time frame, but that does not mean it has escaped the broader risk-off regime. In Axel Adler Jr.'s latest morning brief, the more important signal is not the breakdown in short-term correlation, but Bitcoin's continued relative weakness against US equities.
Bitcoin rallied to $68,000 as markets responded positively to the prospect of the US and Israel-Iran war ending, but data shows futures traders are not convinced.
Market optimism is renewed following statements from JAN3 CEO Samson Mow, who ratified his prediction regarding Elon Musk's growing interest in Bitcoin. The buzz stems from Musk's interaction with a classic BTC image animated by AI. Currently, Bitcoin's market capitalization is struggling to find stability after dropping from $67,900.
Bitcoin price rises to $68,400 after Iran President Pezeshkian says Tehran is ready to end the war if security guarantees are provided.