{"id":4167,"date":"2026-06-24T21:46:33","date_gmt":"2026-06-24T21:46:33","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=4167"},"modified":"2026-06-24T21:46:33","modified_gmt":"2026-06-24T21:46:33","slug":"bitcoin-maintains-strong-support-despite-weak-bullish-momentum-says-bitfinex-alpha","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/06\/24\/bitcoin-maintains-strong-support-despite-weak-bullish-momentum-says-bitfinex-alpha\/","title":{"rendered":"Bitcoin Maintains Strong Support Despite Weak Bullish Momentum, Says Bitfinex Alpha"},"content":{"rendered":"\n
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Bitcoin continues to hold a critical support level even as bullish momentum remains weak, according to the latest Bitfinex Alpha report. On chain data suggests that neither buyers nor sellers currently have full control, leaving the market in a state of uncertainty rather than confirming a prolonged bearish trend.<\/p>\n\n\n\n

Over the past week, Bitcoin traded within the $62,000 to $72,000 range. Although stronger bullish conditions have yet to materialize, the asset has managed to maintain its price floor.<\/p>\n\n\n\n

Bitfinex analysts noted that the crypto market is currently being influenced by changing expectations around Federal Reserve policy and ongoing inflation concerns. These macroeconomic factors have placed short term pressure on risk assets such as Bitcoin and gold, though Bitcoin\u2019s support levels remain intact.<\/p>\n\n\n\n

According to on chain metrics, the market remains undecided. Bitcoin is still trading within the $62,500 to $72,000 consolidation range, reflecting uncertainty rather than a clear bearish structure.<\/p>\n\n\n\n

Analysts identified two conditions that could have supported a stronger upward move in the short term. The first was sustained demand from spot Bitcoin ETFs, while the second was a more stable derivatives market with funding rates shifting from neutral to negative. Neither condition was met.<\/p>\n\n\n\n

Market sentiment is also being shaped by conflicting inflation signals. On one hand, easing energy concerns following a possible peace agreement between the United States and Iran could reduce inflation pressure. On the other hand, the Federal Reserve remains focused on persistent inflation rather than temporary relief from lower oil prices.<\/p>\n\n\n\n

Experts believe Bitcoin can continue holding its current support if the Federal Reserve remains patient and avoids reacting aggressively. Until then, market direction remains uncertain.<\/p>\n\n\n\n

ETF activity further reflects this indecision. Rather than strengthening bullish momentum, ETF flows have shifted back to net outflows. Trading volumes across ETFs have dropped considerably, but not enough to support a fully bearish outlook.<\/p>\n\n\n\n

From a broader structural perspective, Bitcoin is trading below the active investor cost basis. The $68,500 to $72,000 range remains a major resistance zone, with analysts expecting price consolidation between $62,000 and $64,000 or broader movement between $60,000 and $70,000 in the near term.<\/p>\n\n\n\n

As the market eventually shifts in favor of either buyers or sellers, the $68,500 to $72,000 range is expected to remain a strong resistance area. Many investors who bought within this range are currently at a loss and may choose to sell once prices recover to break even.<\/p>\n\n\n\n

At the moment, Bitcoin\u2019s three most important price levels are the $54,000 long term support zone, the $72,000 break even level for recent buyers, and the $77,200 resistance level for short term holders.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin continues to hold a critical support level even as bullish momentum remains weak, according to the latest Bitfinex Alpha report. On chain data suggests that...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4167","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=4167"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4167\/revisions"}],"predecessor-version":[{"id":4169,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4167\/revisions\/4169"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=4167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=4167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=4167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}