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Bitcoin (BTC) has crashed again below the $60,000 technical and psychological support following macroeconomic developments and recession fears. The negative price action has created significant resistance to BTC, with a massive volume of potential selling walls that Bitcoin must overcome to seek higher grounds above $70,000.   Finbold retrieved on-chain data from IntoTheBlock on August 4, seeking to identify potential seeling walls and price resistance. In particular, we looked at the BTC volume that is out of the money at each price range. These Bitcoin holders could be more willing to sell at a breakeven price to risk-off amid global uncertainties. Notably, nearly 4.15 million BTC have been purchased at prices higher than $60,842, worth over $242.75 billion. These potential selling walls are distributed in five price ranges from $60,900 to $70,035, as follows: Picks for you ...

Bitcoin (BTC) has consistently been a focal point in the cryptocurrency market, with its price movements closely analyzed by investors and market watchers. As Bitcoin establishes its price above the $67,000 mark, a crypto analyst has noted that recent trends and historical data suggest Bitcoin’s peak is yet to be reached, forecasting a substantial price surge in late Q3 or early Q4 this year. In a post on July 20, Stockmoney Lizards highlighted three key factors, halving events, short-squeeze zones, and institutional accumulation, that provide projected targets and crucial support and resistance zones, justifying the anticipated massive run for Bitcoin Picks for you 3 cryptocurrencies to avoid trading this week amid $190 million in unlocks 3 mins ago ...

Avalanche (AVAX) has seen nearly $1 billion worth of value vanishing from its market cap on February 21. This happened in anticipation of Avalanche’s awaited token unlock and sell-offs, as reported by Finbold on February 17. In particular, Avalanche currently has a $13.52 million market cap against the $14,42 billion capitalization 24 hours ago. Meanwhile, the token trades at $36.77, with a 367.716 million AVAX circulating supply. In a few hours from the time of writing, vesting contracts will increase this supply by 9.54 million AVAX. Therefore, this creates massive selling pressure worth over $365 million. Picked for you XRP price forecast as mysterious whale bags $20 million XRP in minutes 1 hour ago This AI token in presale threatens to overthrow Chainlink’s dominance 2 hours ago Bitcoin price forecast: Brace for sub-$50k crash, $140 billion at Risk 3 hours ago Tron (TRX) price prediction amid USDC halting operations 4 hours ago Intere...