Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
Production of bean sprouts using the toxin 6-Benzylaminopurine (6-BAP) has led to criminal proceedings in Lao Cai, authorities said, after police uncovered a facility supplying toxic sprouts to wholesale markets. On April 4, Lao Cai Provincial Police announced the indictment of Chu Thi Hoa (born 1990, from Phu Tho) for…
A popular crypto trader has come forward on the social media platform X to predict that the Bitcoin price might soon head further downwards to the $63,000 level. This prognosis is based on the liquidity dynamics that have, over the past few weeks, driven the flagship cryptocurrency’s price. Bitcoin Market Structure Suggests More Volatility Ahead In a 4th of April post on the X platform, KillaXBT revealed the possible trajectories the Bitcoin price could follow over the coming weeks. The crypto trader’s analysis is based on the current technical structure of BTC, citing multiple support and resistance levels visible on its weekly timeframe. Because the previous week’s candle closed bearish, the crypto pundit highlighted another noteworthy event; the current week also swept some liquidity (another rebalancing event). What followed this sweep is evidently another downward rejection of the BTC price. However, because Bitcoin’s recovery is majorly being driven by leveraged positions, and with the market structure already bearish, KillaXBT implies that available buy pressure might soon be exhausted. As such, the $64,900 lows seem to be exposed for another such liquidity sweep. In the mid-term, the technical analyst also sees Bitcoin breaching the external range lows at $63,000. On another note, the market quant highlighted that this downside sweep falls in line with expectations of an immediate reversal towards $72,800, where yet another sell move lies in wait. Short-Term Holder Activity Supports Near-Term Bearish Sentiment In another post on X, on-chain analyst Joao Wedson shared that there has been a notable shift in behavior among short-term participants in the Bitcoin market, with the data suggesting that this cohort is increasingly offloading their holdings. The relevant indicator here is the Short-term Holder Net Position Change metric. This investor cohort typically includes investors who have held Bitcoin for less than 155 days. As such, they are often more reactive to sudden changes in price action, as opposed to the more seasoned market participants. Thus, the world’s leading cryptocurrency could indeed be heading towards $63,000 in the near-term, at least before any real recovery attempts would be seen. As of this writing, Bitcoin trades at around $67,256, reflecting a 0.5% growth in the past day.
In brief\n\nBitcoin dropped to about $93,000, falling back below the EMA50 and putting its recent golden cross at risk of invalidation. The global crypto market cap stands at $3.15 trillion, down 2.38% in 24 hours. On Myriad Markets, 82% of the money is betting on Bitcoin pumping to $100K before…
