191 days ago

Bitcoin Price Targets Recovery: Will It Surpass the $60K Mark?

Bitcoin price is slowly moving higher above the $56,500 level. BTC might gain bullish momentum if it clears the $58,500 resistance zone. Bitcoin started a recovery wave above the $56,500 and $57,000 levels. The price is trading above $57,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $57,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start a fresh increase above the $58,500 resistance zone. Bitcoin Price Aims Higher Bitcoin price started a recovery wave above the $56,500 level. BTC even climbed above the $57,500 level. However, the bears are again active near the $58,500 resistance zone. A high was formed at $58,200 and the price is now consolidating in a range. It also tested the 23.6% Fib retracement level of the upward move from the $54,955 swing low to the $58,200 high. The bulls seem to be active above the $57,000 level. Bitcoin price is now trading above $57,200 and the 100 hourly Simple moving average. There is also a connecting bullish trend line forming with support at $57,200 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $58,200 level. The first key resistance is near the $58,500 level. A clear move above the $58,500 resistance might start a decent increase in the coming sessions. The next key resistance could be $59,200. A close above the $59,200 resistance might start a steady increase and send the price higher. In the stated case, the price could rise and test the $60,000 resistance. Any more gains might be difficult. Another Decline In BTC? If Bitcoin fails to climb above the $58,500 resistance zone, it could start another decline. Immediate support on the downside is near the $57,400 level. The first major support is $57,200 and the trend line. The next support is now near $56,200 and the 61.8% Fib retracement level of the upward move from the $54,955 swing low to the $58,200 high. Any more losses might send the price toward the $55,000 support zone in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $57,200, followed by $56,200. Major Resistance Levels – $58,200, and $58,500.

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Market Pundit: The Supreme Court Just Flipped On XRP Holders

A surprising development in U.S. legal and political affairs has sent shockwaves through financial and crypto markets alike. What began as a high-stakes Supreme Court case over presidential tariff powers has evolved into a focal point for investors, analysts, and traders assessing broader market sentiment. Crypto and XRP holders are watching closely, interpreting shifts in legal expectations as signals that could influence risk appetite across digital assets. Crypto commentator Levi Rietveld of Crypto Crusaders highlighted this dynamic in a video posted on X. He emphasized how the Supreme Court appears to have reversed earlier expectations regarding the tariffs, noting that the White House publicly expresses confidence that the Court will rule in its favor. Levi observed that even prediction markets, which just days earlier showed over a 70% probability of a ruling against the tariffs, now reflect a more uncertain or pro-tariff outlook. BREAKING: The Supreme Court Just FLIPPED On $XRP Holders!? pic.twitter.com/kdHnuEEKFF — Levi | Crypto Crusaders (@LeviRietveld) January 17, 2026 Changing Legal Odds The Supreme Court case centers on the legality of tariffs imposed under the International Emergency Economic Powers Act (IEEPA). Lower courts previously questioned the executive branch’s authority to implement these measures, creating expectations that the Supreme Court might strike them down. Recent developments, however, suggest that the Court could allow some form of these tariffs to continue, either by upholding current measures or permitting alternative tariffs within legal boundaries. This shift in expectations has drawn attention from both financial and crypto markets. Levi highlighted that, even if the Court ultimately rules against the tariffs, adjustments could still keep the measures largely in effect, providing continuity and predictability for market participants. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Why Crypto Markets Are Watching Crypto traders often link macro legal developments to market psychology. Decisions that signal regulatory stability or clarify government authority can influence investor confidence, potentially affecting capital flows into risk assets like XRP . Conversely, legal uncertainty or unexpected rulings can increase short-term volatility, prompting caution among retail and institutional holders. Broader Implications for Investors Levi’s commentary underscores a key point: the Supreme Court’s actions do not operate in isolation. Legal outcomes, government statements, and market expectations interact to shape investor behavior across asset classes. For XRP holders , the perceived “flip” in the Court’s position reinforces the importance of monitoring regulatory and political developments as part of risk management and strategic planning. While the Supreme Court has not yet issued a final decision, the evolving narrative highlights the interconnectedness of political, legal, and financial systems. Traders and investors are advised to interpret these developments as signals that could influence market trends, particularly in highly reactive sectors like cryptocurrency. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Market Pundit: The Supreme Court Just Flipped On XRP Holders appeared first on Times Tabloid . NewsBTC

Bitcoin ETF Rally Snaps With $395 Million Exit as Market Momentum Fades

Crypto exchange-traded fund (ETF) flows turned mixed on Friday as Bitcoin’s multi-day inflow streak snapped sharply. Ether managed to stay marginally positive, while XRP and Solana closed the week with subdued, low-conviction moves. Crypto ETFs Mixed as Bitcoin Slides and Ether Clings to Inflows The week ended on a more cautious note for crypto ETFs, NewsBTC