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The moving average convergence divergence (MACD) histogram recently crossed below zero on Bitcoin’s weekly chart, indicating a potential shift from bullish to bearish market conditions. However, the upcoming U.S. inflation report and Federal Reserve decision could significantly influence Bitcoin’s price, with some analysts remaining optimistic about support levels near $25,200.

Investors in major tokens like Solana, Cardano, and Polygon witnessed price stabilization and recovery after facing significant losses during the weekend’s sudden sell-off. The tokens’ development foundations issued statements countering allegations from the US SEC, boosting investor confidence and contributing to the price recuperation.

Bitcoin experienced a price dip on Binance.US after announcing plans to transition into a crypto-only platform starting June 13. Traders are urgently liquidating assets due to concerns over halted USD withdrawals, while Binance.US faces the challenge of rebuilding trust and regaining market share.

The crypto market experiences a tug-of-war between buyers and sellers, with Bitcoin’s short-term downtrend in force and potential for consolidation. A falling wedge pattern signals price drop before significant upswing, but a bullish recovery requires a breakout beyond the overhead resistance trendline. Conduct personal research for investment decisions.

XRP price has shown a sustained recovery, surging nearly 30% from its last low to $0.53. It’s gearing up to challenge the multi-month resistance of $0.55, with indicators suggesting bullish trends. However, the responsibility for personal financial loss resides with individual investors, so thorough market research and acknowledging risks are essential before investing in cryptocurrencies.

In May, over $45 million was lost to exit scams in the DeFi world, while exploits on DeFi protocols netted under $19.7 million. Uniswap DAO rejected a plan to charge liquidity provider fees, and Jimbos Protocol offered an $800,000 bounty following a failed negotiation with a hacker. The total value locked in DeFi protocols exceeded $50 billion again in late May.

Terra Classic’s LUNC price shows signs of a potential downtrend continuation with the formation of a descending triangle pattern. Market participants should monitor this bearish pattern and be prepared for a possible breakdown or breakout impacting the coin’s price significantly.

The US Dollar’s remarkable uptrend since late April raises concerns due to its inverse correlation with Bitcoin (BTC). A continued dollar uptrend could affect BTC prices, but divergent signals suggest the rally may be nearing its end. Bitcoin whales have been increasing their holdings since April 17, coinciding with BTC’s year-to-date high.

Bitcoin’s future trend relies heavily on a breakout from the current symmetrical triangle pattern, with potential gains of 7% or losses of 5-6% at stake. The Bitcoin Fear & Greed Index, currently at 49%, mirrors the uncertain market trend. Price movements depend on breaking the triangle pattern and surpassing the channel pattern’s trendline.

Bitcoin dipped to lows of $26,380 on Bitstamp amid expectations of an interest rate hike by the United States Federal Reserve in June. Factors such as low jobless claims data and hawkish Fed comments contribute to downward pressure, as traders maintain potential bearish targets around $25,000.

Bitcoin’s recent preservation of key trend lines indicates potential for higher continuation, with some analysts projecting a $38,000-42,000 range. However, the strong U.S. dollar strength may counterbalance this growth. Monitoring the interplay between crypto and the dollar remains essential for investors.

Bitcoin has experienced a notable recovery, pushing for $27,000 with a 7% increase in two days. Experts express optimism for BTC’s potential growth, but some traders foresee a “gap” forming in CME Bitcoin futures markets. As market participants stay cautious, blockchain enthusiasts should closely monitor market trends and projections in the cryptocurrency landscape.

The SUI price experienced a fake breakdown below $1.17, but reclaimed this level as support after the U.S. CPI inflation came in lower than expected. This bullish breakout offers a potential long-entry opportunity as the crypto market responds to external factors. Investors must remain cautious and conduct diligent research.

Meme cryptocurrency Pepecoin is facing an extended correction after tumbling 48.6% from its all-time high. Increased selling momentum and breaching the 50% Fibonacci retracement level indicate potential for a further 20% price drop. Technical indicators suggest weakening bullish trends and the need for comprehensive market research before investing.

The cryptocurrency market faced volatility on May 6, with Bitcoin (BTC) experiencing a 3% drop within hours. Despite these downmoves, BTC remains caught in a familiar trading range, leaving market participants frustrated. Traders and analysts anticipate either a bullish breakout towards $32,000 or a decline towards $24,000, reflecting the unpredictable nature of the cryptocurrency market.

Popular trader, Titan of Crypto, highlights a rare bull signal on the Bollinger Bands indicator for Bitcoin’s monthly chart, suggesting potential “inexorable breakout.” Referring to past halving cycles’ volatility data, Bollinger Bands on monthly timeframes set up for a breakout event, leading to significant gains. If confirmed, this signals a classic repeat of previous bull runs with a target set at $63,500.

April’s decentralized finance (DeFi) hacks resulted in over $100 million in losses while liquid staking protocols surpassed decentralized exchanges (DEXs) in total value locked, signaling impressive changes within the DeFi space amid security concerns.