Key points:
– Bitcoin’s slide below $66,000 raises the risk of a drop toward $62,500.
– Several major altcoins have broken near-term supports, opening room for further declines.
Bitcoin (BTC) is under selling pressure as bears try to keep price below $66,000. Geopolitical uncertainty around the US and the Israel–Iran situation is capping upside, and US spot Bitcoin ETFs saw $171 million in outflows on Thursday—the largest since $348 million on March 3, per Farside Investors. Despite rally sell-offs, bulls have defended $60,000 since Feb. 6. Glassnode noted a sharp contraction in entity-adjusted realized profit—from about $3 billion per day in July 2025 to roughly $0.1 billion now—suggesting the bear market may be entering later stages. Santiment reports large BTC holders (10–10,000 BTC) increased holdings by ~0.45% in the past month, a historically bullish accumulation signal.
Bitcoin price outlook
Buyers failed to hold BTC above $72,000, and sellers pushed price below the ascending-triangle support line on Friday. A daily close beneath that line would invalidate the bullish pattern and could accelerate selling toward the $62,500–$60,000 zone. Conversely, a sharp bounce and a move above $72,000 would signal renewed bullish intent, with $74,508 then $84,000 as upside targets.
Ether (ETH)
ETH fell below its breakout level of $2,111 and beneath the 50-day SMA (~$2,044), showing bears reconvening. A decline to $1,900 is likely to attract buyers; failure there could see a drop to $1,750. The outlook turns bullish if ETH rises above $2,200, improving the chances of a move past $2,400.
BNB (BNB)
BNB has been rangebound between roughly $570 and $687, with buying near support and selling near resistance. Minor support exists at $607; a break could send BNB to $570. A decisive close below $570 would target $500, while a breakout above $687 could push price to $790.
XRP (XRP)
XRP turned down from the moving averages and may slide to $1.32 and then $1.27, where buyers are likely to defend aggressively. A daily close above the moving averages would be the first sign of strength, aiming for $1.61 and then the downtrend line if overcome.
Solana (SOL)
SOL failed to clear $95 and has dropped below the 50-day SMA (~$86), suggesting bulls ceded control. The pair is likely to remain in the $76–$95 range until a break. A push above $95 targets $117; a close under $76 could drop price to $67.
Dogecoin (DOGE)
DOGE rose above the moving averages briefly but turned down and slipped below the key $0.09 support. Sustained trading under $0.09 would open the path toward $0.06. Buyers will try to defend $0.09 and regain the moving averages, which could lift DOGE to $0.10 and then $0.12.
Hyperliquid (HYPE)
HYPE pulled back from $41.59 and is likely to find support between the 20-day EMA (~$37.64) and the breakout level at $36.77. A bounce off $36.77 would signal an attempt to flip it to support and could lead to a move above $43.77 toward $50. A break below $36.77 would target the 50-day SMA (~$33.34).
Cardano (ADA)
ADA briefly climbed above the 50-day SMA (~$0.27) but could not hold gains and turned sharply lower. Strong support sits at $0.25; a breakdown there may push ADA to $0.22. A sharp rebound from $0.25 and a close above the moving averages would clear the path to the downtrend line.
Bitcoin Cash (BCH)
BCH dropped below the 20-day EMA (~$468), with $443 acting as the next key support. A close under $443 would complete a bearish head-and-shoulders pattern and could lead to $375. A bounce from $443 could form a range between $443 and the 50-day SMA (~$491); reclaiming the 50-day SMA would point to a recovery toward $520.
Chainlink (LINK)
LINK’s rally stalled at $9.50 and the price fell sharply, breaking below the ascending-channel support. A daily close beneath the channel could target $8.05 and then $7.15. Buyers will aim to keep price inside the channel and push above $9.50; success there would likely send the pair toward the channel’s resistance line.
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