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Bitcoin trades near $61,200 and Ethereum near $1,650 on July 2, 2026, both bouncing off multi-month lows after a heavy June crypto selloff.
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My weekly charts keep Bitcoin pointed at $44,100 and Ethereum toward the $1,000 zone, both below Citi's freshly cut base-case forecasts.
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Citi cut its Bitcoin target to $82,000 and Ethereum to $2,240, slashing expected ETF inflows to zero as June redemptions set a record.
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Bitcoin fell to $88,626 on its sixth straight decline, while Ethereum dropped to $2,920, and XRP logged 7 consecutive down sessions amid tariff fears.
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BTC price targets $74,000 next, with extreme risk to $52,000, while Ethereum aims for $2,750, then $2,100.
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Despite record institutional interest, $500 million in Bitcoin ETF outflows over two sessions show hot money exiting amid geopolitical tensions.
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Bitcoin surged to $96,500 on Tuesday on cooling inflation and $591M in shorts liquidation, before correcting to $95,120 on Wednesday.
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According to technical analysis, BTC, ETH, XRP, and DOGE remain in a 2-month consolidation below key 200-day moving averages.
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You can find the consolidation swing targets below: Bitcoin $74K-$68K, Ethereum $2,600-$2,730, XRP $1.77, Dogecoin $0.12.
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