WhiteBIT makes a deal with Juventus, becoming its official crypto exchange partner for the next three seasons.

WhiteBIT to feature on Juventus sleeves in multi-year crypto partnership

Bitcoin’s weekend rally has brought price into a significant high-timeframe 
resistance zone, where the coming sessions will determine whether this region 
marks a local top, or a springboard to new all-time highs. With technical 
confluence building around the $108,900 level,…

Will Bitcoin hit a new high in June? $108.9k resistance could decide BTC’s next major breakout

Eric Trump&#8217;s denial of involvement in Tron&#8217;s debut highlights potential 
complexities in crypto market entries and the influence of high-profile 
endorsements.
The post Eric Trump says he loves Justin Sun but denies involvement in Tron&#8217;s 
public debut plan appeared first on Crypto Briefing.

Eric Trump says he loves Justin Sun but denies involvement in Tron’s public debut plan

Altcoins remain in a consolidation phase even as Bitcoin price looks ready to 
take a stab at new all-time highs.

Price predictions 6/16: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE

The Federal Open Market Committee (FOMC) is set to gather this Wednesday, and 
all signs point to the benchmark interest rate staying right where it is. But 
looking ahead to the coming months—starting in July—the odds of a rate cut are 
stacking up. Prediction Markets Hint at Powell Holding—For Now Global markets 
will be tuned […]

Fed Watchers Eye September as Tension Builds Around Central Bank Cuts

Crypto analyst X Force has drawn the crypto community’s attention to a key 
fractal from 2023, which paints a bullish picture for the Bitcoin price. 
However, the analyst suggested that a drop to $90,000 could still be on the 
cards for BTC, although that won’t invalidate the macro setup. Key Fractal 
Shows Bitcoin Price Is Still Bullish In an X post, X Force highlighted a key 
fractal from the early phase of the 2023 bull market and noted why it supports 
the view that the current trend remains bullish. He remarked that the price 
structure that was observed back then could offer insights relevant to the 
current analysis, as history often rhymes even though it might not repeat 
itself exactly. Related Reading: Bitcoin Price Crash To $94,000 Imminent As 
Fibonacci Resistance Is At Stake X Force then noted that in 2023, a larger 
degree wave 1 terminated, followed by a shallow wave 2 that retraced only to 
the 23.6% to 38.2% Fibonacci levels. The analyst then declared that this 
interpretation wasn’t just hindsight but it was the only valid count even in 
real-time. He also raised the possibility of the Bitcoin price creating 
another low. X Force explained that the context of the micro timeframes is 
losing weight as every bounce and dump is extremely sensitive to the overall 
creation of the wave structure. Meanwhile, the analyst indicated that the 
Bitcoin price could still drop to as low as $90,000 but noted that it is 
important that BTC remains above this critical support level. In an X post, 
the crypto analyst stated that as long as the Bitcoin price stays above the 
$90,000 level, the implications of the shorter-term price action have zero 
impact on the overall macro trend. X Force added that pullbacks and choppiness 
are not only healthy but vital to any bull market. A BTC Price Crash Imminent? 
Veteran trader Peter Brandt has raised the possibility of a Bitcoin price 
crash happening soon. In an X post, he questioned if November 2021 was 
happening all over again for the flagship crypto. His accompanying chart 
showed how that period formed the cycle peak for BTC, following a double top 
formation. Related Reading: Bitcoin Price Above $107,000 Is Ideal, But Don’t 
Get Excited Until This Happens The Bitcoin price then crashed from its all- 
time high (ATH) of around $69,000 and consolidated for over two years before 
witnessing another breakout in 2024. The chart indicated that BTC may have 
formed a double top again following the recent rally to a new all-time high of 
$111,900. If so, this could mark the end of the cycle’s bull run, with a crash 
set to follow. However, the chart suggested that BTC could sustain this bull 
run if it holds above $104,612. At the time of writing, the Bitcoin price is 
trading at around $106,700, up in the last 24 hours, according to data from 
CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com