News
8 Jun 2026, 09:08
Top on-chain analyst believes Bitcoin price might be close to its bottom; Here’s why

Amidst the early June Bitcoin ( BTC ) price downturn, the popular on-chain analyst Ali Martinez took to X to explain that the world’s premier cryptocurrency might have found the bottom ahead of the eventual next bull market . Specifically, the blockchain expert noted that BTC tends to form ‘major bottoms’ once more than 10 million coins are owned at a loss by digital assets investors while highlighting that at the time of writing early on June 7, the figure stood at 10.46 million. Martinez also opined that the number represents an important signal as traders are relatively unlikely to turn their unrealized losses into realized losses, thus reducing selling pressure and creating the conditions for a rally. Historically, Bitcoin has tended to form major bottoms when more than 10 million coins are held at a loss. That threshold has now been reached, with 10.46 million $BTC currently underwater. I believe this is an important signal because selling pressure often begins to fade as… https://t.co/DrCgCzTDqF pic.twitter.com/x4VDZx2DFd — Ali Charts (@alicharts) June 7, 2026 Bitcoin price gains more than 6% from early June lows By press time on June 8, Bitcoin has recovered somewhat from the lows seen late in the first week of the month. Still, the circumstances of the rally mean it is uncertain if the cryptocurrency has truly bottomed – whether in the short, mid, or long-term – or if it is a temporary anomaly. Indeed, the move came during relatively low-volume hours and shortly after President Donald Trump emphasized that the latest escalation between Israel and Iran will remain limited and without U.S. involvement. The mounting tensions in the Middle East in recent weeks are among the possible culprits behind the bloodbath in the digital assets market. Meanwhile, BTC is changing hands at $63,042 at press time, meaning it is 6% above the June 5 lows but also roughly 1% under the Sunday evening high and is, overall, 13.41% in the red on the weekly chart. Bitcoin price one-week chart. Source: Finbold Martinez reveals top Bitcoin prices to buy ahead of the next bull market Elsewhere, Ali Martinez published a second X post building upon the notion that Bitcoin might be nearing a major bottom. Early on June 8, the analyst revealed he is keeping track of three simple moving averages ( SMA ) for the cryptocurrency – the 200-week at $62,800, 300-week at $55,000, and 400-week at $42,500 – while hinting that the levels are critical for traders hoping to do dollar-cost averaging ( DCA ) ahead of the next bull run. For anyone planning to dollar-cost average into Bitcoin $BTC ahead of the next bull market, these are the levels I’m tracking: • 200W SMA: $62,800 • 300W SMA: $55,000 • 400W SMA: $42,500 pic.twitter.com/ole0OsEl9o — Ali Charts (@alicharts) June 8, 2026 Historically, employing DCA during digital assets’ downturn would have been a lucrative strategy, and utilizing it between 2022 and 2024 could have ensured the investment got tripled or quintupled depending on the exact timing of the trades. Featured image via Shutterstock The post Top on-chain analyst believes Bitcoin price might be close to its bottom; Here’s why appeared first on Finbold .
8 Jun 2026, 09:06
Trump Says an Iran Deal Is “Almost Complete” and Bitcoin Jumped 5% On That News, Here Is Why

Trump’s declared that Israeli Prime Minister Benjamin Netanyahu will have “no choice” but to accept a U.S.-brokered agreement with Iran, that news sent the Bitcoin price 5% higher to $64,000 on Sunday, June 8, the sharpest single-session recovery in weeks. Within hours, BTC retreated to $63,000, underscoring how little structural conviction sits behind a headline-driven move. The bounce came directly off the June 5 intraday low of $59,100, Bitcoin’s weakest level since February , a floor that now defines the range traders are watching. BREAKING: President Trump says Israeli Prime Minister Netanyahu will have "no choice" but to accept a US deal with Iran, because he "calls the shots," per FT. Details include: 1. "I call the shots. I call all the shots. He [Netanyahu] doesn’t call the shots," Trump said 2.… — The Kobeissi Letter (@KobeissiLetter) June 7, 2026 Why an Iran Deal News Moved Bitcoin Price 5% in a Single Session The transmission mechanism here is specific. A credible U.S.–Iran de-escalation signal compresses tail-risk pricing on Middle East conflict, reduces the geopolitical war premium embedded in oil, and triggers a risk-on rotation across high-beta assets. Bitcoin, as the most liquid high-beta risk asset in global markets, captures that rotation first and fastest. That framing matters, because it means BTC is not trading as digital gold in these episodes. It is trading as a leveraged macro sentiment gauge. When fear of regional conflict spikes, it sells harder than equities; when de-escalation signals arrive, it rallies faster. Sunday’s BTC rally fits that pattern exactly. Trump framed the Iran deal as “almost complete” and signaled an announcement at the start of the new business week, language traders read as firmer than the ceasefire speculation that has circulated for months. Bitcoin (BTC) 24h 7d 30d 1y All time Earlier in 2026, Bitcoin topped $77,000 as Trump weighed options on Iran, and prediction-market wagers on a peace deal swelled into the hundreds of millions of dollars, each incremental signal has produced 3–5% moves in BTC, often within minutes. The same geopolitical risk that drove the BTC rally had also been a drag. Higher oil prices tied to the standoff fed inflation concerns and complicated the Federal Reserve’s rate path, with some officials declining to rule out further hikes and expected cuts being pushed further out. That backdrop, detailed in analysis of how CPI and FOMC dynamics are repricing Bitcoin in 2026 , helped drag the crypto market lower before Sunday’s rebound. Discover: The Best Crypto to Diversify Your Portfolio Bitcoin’s Chart After the Spike: The Levels That Decide What Comes Next Bitcoin settled near $63,000 after failing to hold the $64,000 session high, a level that now functions as immediate resistance. The $62,500–$63,000 band is the current pivot zone; price is consolidating there as traders wait for the next geopolitical or macro input. Source: BTCUSD / Tradingview The support anchor is $59,100. At that June 5 low, more than 50% of all BTC sat in unrealized loss – a condition that has historically aligned with major market bottoms, and one that preceded a short-covering wave once the Iran headline supplied the catalyst. Hundreds of thousands of leveraged positions were liquidated during the slide, and the swift reversal amplified the upside through forced short covering. A daily close above $63,000 keeps the recovery thesis intact and opens a test of $64,000 resistance. A close below $61,500 reactivates downside pressure and puts the $59,100 floor back in play. Discover: The Best Token Presales The post Trump Says an Iran Deal Is “Almost Complete” and Bitcoin Jumped 5% On That News, Here Is Why appeared first on Cryptonews .
8 Jun 2026, 09:05
ETH/BTC Ratio Plunges to 2016 Levels as Ethereum Weakness Deepens

BitcoinWorld ETH/BTC Ratio Plunges to 2016 Levels as Ethereum Weakness Deepens The ETH/BTC ratio has fallen to approximately 0.0265, a level not seen since 2016, marking a significant erosion of Ethereum’s relative strength against Bitcoin over the past several years. According to data from FinanceSpeed, the decline reflects a sustained period of underperformance for Ether as market dynamics shift in favor of the leading cryptocurrency. Why the ETH/BTC Ratio Matters The ETH/BTC ratio is a key metric used by traders and analysts to gauge the relative performance of Ethereum against Bitcoin. A falling ratio indicates that Ether is losing value compared to Bitcoin, which has historically been viewed as a bellwether for risk appetite within the broader crypto market. The current level of 0.0265 represents a return to valuations last seen during the early stages of the 2016 crypto cycle, before Ethereum’s major price rallies in subsequent years. Key Factors Behind Ethereum’s Decline Market observers attribute Ether’s weakening position to several interconnected factors. Demand for spot Ethereum exchange-traded funds (ETFs) has slowed considerably after an initial surge, failing to sustain the momentum seen with Bitcoin ETF products. Additionally, Ethereum faces intensifying competition from alternative Layer 1 blockchains such as Solana, Avalanche, and newer entrants that offer lower fees and higher transaction speeds. Layer 2 Expansion and Fee Revenue Impact The rapid expansion of Layer 2 scaling solutions, including Arbitrum, Optimism, and Base, has diverted transaction volume away from Ethereum’s mainnet. While these solutions are designed to reduce congestion and lower costs, they have also contributed to a significant decline in fee revenue for the base layer. Lower fee revenue reduces the amount of Ether burned through the EIP-1559 mechanism, potentially affecting supply dynamics and investor sentiment. Bitcoin’s Relative Strength In contrast, Bitcoin has maintained its relative strength, supported by robust institutional demand and the successful adoption of spot Bitcoin ETFs. The liquidity and perceived safety of Bitcoin have made it the preferred choice among major crypto assets during periods of market uncertainty. Analysts suggest that investors increasingly view Bitcoin as a store of value, while Ethereum’s narrative as a versatile platform faces headwinds from scalability challenges and competitive pressure. What This Means for Investors The return of the ETH/BTC ratio to 2016 levels signals a structural shift in market preferences rather than a temporary fluctuation. For long-term holders, the divergence underscores the importance of monitoring network fundamentals, fee trends, and ecosystem growth. While Ethereum’s development pipeline remains active, including ongoing upgrades to improve scalability, the market’s current assessment reflects a preference for Bitcoin’s simplicity and established track record. Conclusion The ETH/BTC ratio at 0.0265 is a stark reminder of how quickly market dynamics can change in the cryptocurrency space. With Ethereum facing headwinds from ETF demand slowdown, Layer 1 competition, and Layer 2 fee cannibalization, and Bitcoin benefiting from institutional adoption and liquidity, the gap between the two largest digital assets continues to widen. Investors should consider these factors when assessing portfolio allocation and risk exposure. FAQs Q1: What does a falling ETH/BTC ratio indicate? A falling ETH/BTC ratio means that Ethereum is underperforming relative to Bitcoin, losing value compared to the leading cryptocurrency. It is often used as a gauge of market sentiment and risk appetite. Q2: Why is Ethereum’s fee revenue declining? The decline in fee revenue is largely due to the migration of transaction volume to Layer 2 scaling solutions, which process transactions off the main Ethereum chain, reducing congestion and associated fees on the base layer. Q3: How does the ETH/BTC ratio compare to historical levels? The current ratio of approximately 0.0265 is comparable to levels seen in 2016, before Ethereum’s major bull runs. It represents a multi-year low, indicating that Ether has surrendered most of the relative gains it made against Bitcoin over the past several years. This post ETH/BTC Ratio Plunges to 2016 Levels as Ethereum Weakness Deepens first appeared on BitcoinWorld .
8 Jun 2026, 09:02
Egrag Crypto Just Unveiled an XRP Face Melting Setup, Says Charts Don’t Lie

XRP has entered a critical area on the monthly chart, according to crypto analyst EGRAG CRYPTO (@egragcrypto). He believes the asset may be following a pattern seen in previous market cycles before major rallies. The analyst outlined what he calls the “Face Melting Phase” setup. His analysis focuses on the relationship between XRP’s price action and the 50-month and 100-month exponential moving averages (EMAs). While he expects near-term volatility, his long-term outlook remains firmly focused on significantly higher price levels. #XRP Face Melting Phase Setup: Men Lie, Women Lie but Charts and Numbers Do not Historically, #XRP has shown a very important behavior with the 50 EMA and 100 EMA on higher time frames. Note : Once price loses the 50 EMA decisively on Monthly Time Frame… it usually… pic.twitter.com/Xw0hdKDPIj — EGRAG CRYPTO (@egragcrypto) June 7, 2026 The Recurring Pattern EGRAG CRYPTO’s analysis centers on a recurring behavior he identifies across previous XRP cycles. He wrote that once XRP loses the 50 EMA on the monthly chart, price has historically gravitated toward the 100 EMA before beginning its next major expansion . According to the analyst, the sequence often includes a loss of momentum, a move below the 50 EMA, a final liquidity sweep toward the 100 EMA, and then the start of a new macro uptrend. The chart highlights both the 50 EMA and 100 EMA, showing XRP currently trading between those key technical levels. A white zone near current prices marks what EGRAG labels a “Psychology Support Zone,” while a lower purple area represents a “ Death Zone .” The chart’s projected path suggests XRP could briefly move lower before establishing a stronger base. A Potential Bottoming Process The chart projection indicates that XRP may continue to search for a bottom near the 100 EMA. EGRAG notes that “the green trajectory currently appears to be playing out to the downside,” suggesting the corrective structure has not fully completed . The inset chart provides a closer view of the expected path. It shows a possible decline into lower support levels around $0.7. Following this, he expects a recovery that could carry the asset back above current prices. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 A large ascending yellow trendline that has supported XRP for years also intersects with the projected bottoming region. That convergence creates a technically significant area where buyers could become more active if the pattern develops as expected. Long-Term Targets Remain Unchanged Despite expecting lower prices before a larger advance, EGRAG CRYPTO explained why he continues accumulating XRP. He argued that risk management and position building matter more than identifying the exact market bottom. The analyst noted a level between $1.09 and $0.70 as an entry point. He maintained long-term targets of $7, $8, $13, and even higher double-digit prices . The chart reflects that outlook, showing a potential path toward $27 by the end of the cycle. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Egrag Crypto Just Unveiled an XRP Face Melting Setup, Says Charts Don’t Lie appeared first on Times Tabloid .
8 Jun 2026, 09:02
Bitcoin’s Biggest Test Since Halving: Is the 4-Year Cycle Playing Out as Expected

8 Jun 2026, 09:00
Bitcoin’s bounce from $59K on hold? Whale selling and bearish momentum say…

One whale walked away richer. Did Bitcoin lose a believer or gain a warning sign?








































