In this video, I break down the current Bitcoin price analysis using the Elliott Wave method to identify key support and resistance levels. I examine whether the current market structure aligns with previous bear market patterns and look at the validity of our ongoing wave counts to determine if a move toward the 69,000 to 72,000 resistance zone is still likely. Video by More Crypto Online.
Visit Trading Platform >>
Bitcoin (BTC) is trading around $64,700 to $65,300 as of today, July 27, 2026, marking a daily gain of roughly 1.3%. The cryptocurrency successfully rebounded above the key $65,000 threshold. This price recovery follows a period of consolidation after sliding earlier in the year.
New to trading? Join iqoption for free educational materials, a risk-free demo account, and a low minimum deposit($20). Start your journey in the financial markets now!
Learn more >>
Bitcoin Insights Today
-Geopolitical De-escalation: A major catalyst for today's market recovery is a drop in global oil prices and an overall easing of geopolitical tensions. The U.S. and Iran extended a pause in military actions, reviving a "peace trade" environment that boosted risk assets.
-Sustained ETF Inflows: Institutional support remains robust. Over the past three weeks, U.S. spot Bitcoin ETFs attracted more than $306 million in net inflows. However, today's momentum was slightly outpaced by Ethereum ETFs, pushing the ETH/BTC ratio to its highest mark since April.
-Supply Crunch and Accumulation: On-chain data points to continued accumulation by long-term holders. Investors are steadily moving assets off exchanges and into cold storage, minimizing the available trading supply and generating upward price pressure.
-Macro Risk Ahead: Traders are holding a cautious near-term outlook with the upcoming Federal Reserve meeting (scheduled for July 28–29) looming. The broader market is carefully pricing in a potential interest rate outcome, which may trigger short-term volatility..
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
