Invest ideasNews
5 Jun 2026, 11:18
Bitcoin Short-Term Holders Capitulate as BTC Slides Below $62K
Bitcoin broke below $62k for the first time since February 6 and is now down over 14% on the week and over 50% since printing its all-time high in October last year. Short term holders, those who bought BTC over the past 155 days, are feeling the brunt of this decline. On-chain data from CheckOnChain shows that this group is now selling at the steepest loss-driven pace. Short-Term Holders Are Selling at a Record Loss Bitcoin Short-Term Holder Realized Profit/Loss Ratio is a value-based ratio that measures profit being realized against loss within the under-155-day group. Above zero on this metric means this group is mostly cashing out gains. Anything below zero flips it. At a reading of -1.5, the losses are swamping whatever profit is left on the table, and most notably, no other prior reading has gone this deep. The Fear and Greed Index is well within the extreme fear territory with a score of 12 as of this writing and the group that tends to move first when sentiment cracks seem to be heading for the door in size. 53,800 Coins Hit Exchanges, Zero in Profit This week we also saw another metric point to the same direction of short term holders capitulating. Data from CryptoQuant showed that around 53,800 BTC moved from short-term holders onto exchanges within a span of 24 hours with every coin in that batch underwater. That made it the most lopsided flow to be registered so far this year. Coins are usually transferred into exchanges with an intent to sell, so what this metric shows alongside the one above is that there is a fresh wave of loss-bearing supply queuing up alongside the losses that have been realized. Capitulation Has Marked Local Bottoms Before Loss-driven selling at this intensity has often coincided with local bottoms and has shown to indicate a transfer of hands from shaky hands to longer term investors. This is not to say that a deeper drawdown is improbable. Bitcoin is currently undergoing a 50% decline from its highs, and when we compare this dip to previous bull market corrections , we’ve seen prices go down further. That said, the pattern is familiar. More BTC is now being held at a loss than in profit. Glassnode data shows that supply in loss has reached 10.5 million BTC compared to 9.8 million in profit. In past cycles, this crossover has coincided with major market bottoms. At the same BTC has retraced to the 200 week moving average, a support level reached in every past bear market. Whether this turns into another floor comes down to one question. Who is buying the coins these sellers are dumping, and how fast. If you're reading this, you’re already ahead. Stay there with our newsletter .
5 Jun 2026, 11:05
Bitcoin slides, stocks rally, gold shines over the past year
More on Bitcoin USD, Gold Spot Price, etc. Bitcoin Whales Are Thrashing Around. What's Going On? Yes, This Feels Like 1999 - There's Just One Problem Gold Market Commentary: Hiking Up A Volcano AM Markets Need To Know: Switch funding round, JPM upgrades Tesla, and more Stock index futures fall as investors await key labor data
5 Jun 2026, 11:01
Recent Ripple (XRP) Developments, Bitcoin (BTC) Price Forecasts, and More: Bits Recap June 5
Ripple’s cross-border token is down 14% for the week, but the company continues to score major wins in global expansion and important partnerships. Bitcoin (BTC) has also plunged substantially, with numerous popular analysts expecting further declines, while Cardano (ADA) collapsed to its lowest level since 2020. XRP Price Crash Several days ago, Ripple teamed up with the Turkish crypto platforms BiLira, Bitexen, and Bitlo to boost adoption and usage of RLUSD. Later on, Mastercard expanded its infrastructure to enable merchants and partners to settle transactions in multiple cryptocurrencies, including the USD-pegged stablecoin. In addition, Ripple strengthened its presence in the United States by opening an expanded office in Washington, D.C., while the spot XRP ETFs remained predominantly positive. Despite the favorable news, XRP tumbled by 14% over the past week and currently trades at around $1.13 (per CoinGecko). Its poor condition mirrors the collapse of the broader crypto market, where Bitcoin (BTC) slipped to around $61,000 and altcoins like Zcash (ZEC) and Bitcoin Cash (BCH) nosedived by nearly 30%. Another worrying factor is the recent whale activity. As CryptoPotato reported , this cohort of investors has sold or redistributed 50 million coins in the span of seven days, further spreading panic that could prompt smaller players to cash out as well. BTC’s Heavy Bleeding The primary cryptocurrency has lost over $20,000 in the past month alone and recently dropped to approximately $61,000, its lowest mark since February. As of press time, it trades at around $62,800, representing a 15% decline on a weekly scale. Unsurprisingly, the downward move has resulted in a wave of bearish predictions. Ali Martinez recently opined that the plunge below $72,000 has put BTC in “a vulnerable position,” with the MVRV Pricing Bands suggesting the next major support lies between $50,000 and $54,000. For his part, Ted labeled $49,000 “a good bottom zone,” comparing the scenario to the August 2024 low. Of course, the well-known crypto critic Peter Schiff was also vocal, envisioning a $20,000 catastrophe if BTC breaks $50,000. “It should be a quick fall below $20K, which should be a big enough drop to shake the conviction of long-term HODLers, causing many to finally throw in the towel,” he added. ADA’s Meltdown Cardano’s native cryptocurrency is among the most heavily affected coins from the market crash. It fell to $0.15 (the lowest point since the end of 2020) before slightly rebounding to around $0.165. One of the main factors in ADA’s collapse was Charles Hoskinson’s recent announcement. Cardano’s founder said he’s “taking a break,” while also warning about an upcoming “wave of failures in the ecosystem.” The only positive recent development related to ADA is Cardano’s partnership with the Brazilian Olympic Committee (COB). However, it wasn’t enough to stop the asset’s free fall. The post Recent Ripple (XRP) Developments, Bitcoin (BTC) Price Forecasts, and More: Bits Recap June 5 appeared first on CryptoPotato .
5 Jun 2026, 11:01
How Low Can BTC Go? DOGE Founder Poses Bitcoin Question Amid Market Crash
Dogecoin founder presents a simple but timely question to the crypto community as Bitcoin price drops near $61,000.
5 Jun 2026, 11:00
Forward Industries offloads $32 mln Solana – Is SOL’s 9% decline just the start?
Here's why Solana price is declining at an accelerating rate this week.
5 Jun 2026, 10:42
BTC Consolidating Above $62K: Sustainable Recovery or Temporary Pause Before Crash? (June 2026)
After a quick candle tail down to $61K, testing the bull market trendline and the 200-week SMA, the Bitcoin price is perhaps starting to settle above these big support barriers. Are we in for a period of sideways movement before the next leg down, or could a bottom already be forming? Bull market trendline provides support Source: TradingView The 4-hour chart shows how the bull market trendline has now been tested a couple of times and how the $BTC price was bought back up very quickly each time it went below this important trendline. Entering the picture again is the bear market trendline. This is at a level of $58K should the $BTC price potentially crash down to retest it. It was the retest of the bear market trendline that restarted the bull market last time around in November 2022. Could this happen again? Currently sitting on a $62,800 horizontal support level, the $BTC price has passed above the descending trendline that formed at the start of the crash out of the bear flag. The price looks to have retested and so if there is strength in the bulls, there is nothing to stop the price going up from here, although the Stochastic RSI indicators have just crossed down and market sentiment remains very poor . Sideways and upwards from here? Source: TradingView The daily time frame reveals that there probably isn’t much, if anything, left in this current crash. That said, there is still the possibility that the bull market trendline could break, and the $BTC price could come down to retest the bear market trendline. Other than that, unless there is the most fearful geopolitical or economic news, a period of sideways or upward movement would seem to be the most probable option from here. The bottom of the chart shows the Stochastic RSI indicators at their bottom, ready for a cross back up, and the Relative Strength Index (RSI) displays an indicator line that is at almost the same overbought level as when the $BTC price crashed to $60K. A return back up to the major $66K resistance level looks to be on the cards. Bear market trendline retest to initiate the next bull market? Source: TradingView The weekly time frame enables us to clearly see the two most recent bear markets and note just how closely they resemble each other. Two sizable bear flags helped the downward continuation of each, and the tops of the first bear flags set the downside angle for the rest of the bear market. What follows next could mark the bottom of this current bear market. If one looks back to the 2021-22 bear market, the bottom was set by a breakout of the bear market trendline, and then a retest further down. Once that retest was made, it was off to the races for the next bull market. If we look at the current $BTC price action we can see that a retest of the bear market trendline is quite near - at around $58K. However, if the price did suddenly drop down and make that retest, wouldn’t it be too soon for the bear market to end? The typical length of a bear market would take this one out to Q4, probably around October. Could the price action chop around for another 3 or 4 weeks before finally coming down to retest the bear market trendline at a lower level? Possibly yes, but this would still mean an earlier finish to the bear market. In conclusion, the retest of the bear market trendline could signal the end of the bear market. That said, there are differences in these last two bear markets, this might just be another of them. What we can say is that the end of the bear market is not far away and that we have already endured the greater part of it. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
