A surge in oil prices could exacerbate inflation, impact monetary policy, and 
strain industries reliant on energy, affecting global economies.
The post ExxonMobil warns crude oil could surge to $160 per barrel as 
inventories hit historic lows appeared first on Crypto Briefing.

A surge in oil prices could exacerbate inflation, impact monetary policy, and strain industries reliant on energy, affecting global economies. The post ExxonMobil warns crude oil could surge to $160 per barrel as inventories hit historic lows appeared first on Crypto Briefing.

ExxonMobil warns crude oil could surge to $160 per barrel as inventories hit historic lows

Bitcoin’s return to $100,000 is still a popular target across the market for 
2026, but one bearish outlook argues that the move is becoming less realistic 
with the price action weakening below the $80,000 price level. This bearish 
outlook came from a crypto analyst known as Alex Mason on the social media 
platform X, who predicted that Bitcoin will not hit the $100,000 price level 
again this year because its price action is in a controlled trap inside an 
ascending channel. Related Reading: Unknown Wallet Destroys $8.5 Million In 
Bitcoin In Shocking Burn Bitcoin’s Ascending Channel May Have Been A Trap 
Bitcoin has not traded above $100,000 in 2026 and with the calendar now almost 
in the middle of the year, the time frame for a recovery above six figures is 
shrinking fast. The price action over the past two months has instead been 
defined by an ascending channel, with Bitcoin forming gradual higher highs and 
higher lows from its February low just above $60,000. The upper boundary has 
acted as resistance several times, while the green lower trendline has served 
as the main support keeping the recovery alive. However, that same channel is 
pointing to a bearish argument. An ascending channel can look bullish on the 
surface because price is moving higher, but it can also become a distribution 
structure when each push upward loses momentum. According to Mason, Bitcoin’s 
slow rise inside the channel has created fake strength, giving retail traders 
the impression that a breakout back to $100,000 is still building. The 
important moment that revealed the fake strength was the move into the $82,000 
CME gap. Bitcoin reached that CME gap in early May, completed the target, and 
then was rejected multiple times between May 6 and May 11. This was a textbook 
trap before the next leg down. Bitcoin Price Chart. Source: @AlexMasonCrypto 
On X Bitcoin’s Odds Of Hitting $100,000 In 2026 As shown in the chart above, 
Bitcoin is returning to the lower half of the channel, putting the green 
support line under pressure. If that support breaks, the structure would no 
longer look like a steady recovery and the beginning of a push to a new 
bottom. The first stage to a new bottom is a breakdown from the ascending 
channel. From there, the next target is around $70,000, followed by a deeper 
move to new lows at $60,000. The chart even extends the bearish path deeper, 
with a dotted projection moving down to as low as $50,000 by early July. 
Related Reading: Bitcoin Could Enter Freefall If This Level Cracks: Analyst A 
rally to $100,000 would require confidence, liquidity, and strong follow- 
through above resistance above $82,000. Bitcoin will also need to reclaim the 
200-day MA around this same level. According to prediction market Kalshi, 
there&#8217;s only a 32% probability that the Bitcoin price will break above 
$100,000 again before January 2027. Featured image from Unsplash, chart from 
TradingView

Bitcoin’s return to $100,000 is still a popular target across the market for 2026, but one bearish outlook argues that the move is becoming less realistic with the price action weakening below the $80,000 price level. This bearish outlook came from a crypto analyst known as Alex Mason on the social media platform X, who &#8230;

Why The Bitcoin Price Won’t Hit $100,000 Again This Year

Robert Kiyosaki warned that bitcoin buyers can lose money when hype drives 
investment decisions. He urged investors to track cash flows, weigh risk, and 
avoid treating BTC, gold, or silver as automatic protection. Robert Kiyosaki 
Says Bitcoin Buyers Still Need Discipline Robert Kiyosaki warned that bitcoin 
can produce losses when investors buy on hype instead […]

Robert Kiyosaki warned that bitcoin buyers can lose money when hype drives investment decisions. He urged investors to track cash flows, weigh risk, and avoid treating BTC, gold, or silver as automatic protection. Robert Kiyosaki Says Bitcoin Buyers Still Need Discipline Robert Kiyosaki warned that bitcoin can produce losses when investors buy on hype instead &#8230;

Robert Kiyosaki Warns Bitcoin Hype Can Burn Buyers Even With Bullish Forecast

While Bitcoin is hovering around $73,000, a crypto trader says the current 
setup is “different from the previous breakdown in February.”

While Bitcoin is hovering around $73,000, a crypto trader says the current setup is “different from the previous breakdown in February.”

Bitcoin is at ‘pivotal level’ as $65K downside risk looms: Analyst

Bitcoin is attempting to stabilize after a sharp pullback, but uncertainty 
remains the dominant market force. While key support levels are still holding 
and leaving room for a recovery rally, bearish signals remain present, raising 
the possibility that any short-term bounce could turn into a bull trap. 
Retesting Key Rising Channel Support According to Bitcoin Meraklısı, recent 
market volatility has forced Bitcoin to retreat to the rising trend channel 
that has defined its structure since February. This is a critical technical 
juncture, as the asset is currently testing this support line. For the moment, 
the defense remains successful, and Bitcoin continues to hold within the 
channel, suggesting that the structural integrity of the uptrend is still 
intact. Related Reading: Bitcoin At A Crossroads: Two Key Levels Will Define 
BTC’s Next Major Move, Analyst Says As long as this support level remains 
unbroken, there is no immediate cause for concern with the outlook. The 
primary objective for the bulls is a recovery toward the channel&#8217;s middle 
band, targeting the $79,000 to $82,000 range. Should buying momentum persist 
beyond that threshold, a continuation toward the channel’s upper boundary 
becomes the logical technical target for the asset. Conversely, a failure to 
maintain this support would cause a shift in market strategy. A decisive 
downward break of the channel would likely trigger a correction equal to the 
channel&#8217;s total width, bringing the $62,000 region into focus. This potential 
breach serves as a stark reminder that while the current setup is 
constructive, the margin for error is narrowing as we navigate this pivotal 
decision zone. Bitcoin Meraklısı emphasizes that the market is currently in 
transition, with technical signals largely subservient to external catalysts, 
and price action remains heavily contingent on news flow from the war front. 
Bitcoin Remains Trapped Inside An Expanding Wedge Pattern Speaking in a recent 
market update, Tryrex noted that Bitcoin continues to consolidate within an 
expanding wedge pattern. The current technical outlook anticipates one final 
upward surge, with the $75,000 level identified as the primary target for a 
potential short position. This zone serves as the focal point of the analyst’s 
strategy to capitalize on the expected price exhaustion at this critical 
resistance area. Related Reading: This Key Bitcoin Metric Suggests The Market 
Is Now Entering A Phase Of Calm The broader market remains locked in a robust 
downtrend, which severely limits the potential for any substantial recovery 
toward previous peaks. According to the analyst, a retest of the $76,000 high 
is now highly improbable, as the prevailing selling pressure is simply too 
intense to allow such a sustained upside move. This phase of price action is 
best characterized as the calm before the storm, where the market appears to 
be staging one or two final, deceptive bounces. The analyst warns that these 
remaining upward movements are likely precursors to a significant market 
crash. Featured image from Getty Images, chart from Tradingview.com

Bitcoin is attempting to stabilize after a sharp pullback, but uncertainty remains the dominant market force. While key support levels are still holding and leaving room for a recovery rally, bearish signals remain present, raising the possibility that any short-term bounce could turn into a bull trap. Retesting Key Rising Channel Support According to Bitcoin &#8230;

Bitcoin Recovery Rally Or Bull Trap? These Key Levels Hold The Answer

The escalating conflict reduces chances for diplomacy, potentially prolonging 
instability and impacting regional geopolitical dynamics.
The post Lebanon accuses Israel of &#8220;scorched-earth policy&#8221; amid expanded 
invasion appeared first on Crypto Briefing.

The escalating conflict reduces chances for diplomacy, potentially prolonging instability and impacting regional geopolitical dynamics. The post Lebanon accuses Israel of &#8220;scorched-earth policy&#8221; amid expanded invasion appeared first on Crypto Briefing.

Cryptocurrency price in SEK

Market Overview