Bitcoin may need to plunge 15% or more to mark bottom, according to this long-time indicator
CoinDesk· James Van Straten· Jun 23, 2026 · 1:08 PM

With bitcoin testing its 200 week moving average, on-chain data suggests the $50,000 to $54,000 range could become the next key battleground.
This is a summary. Read the complete story at CoinDesk below.
Read full article at CoinDeskRelated Stories

cryptoabout 3 hours ago
In Clarity Act's final weeks, its path through U.S. Senate not getting much clearer
Tough negotiations linger in several difficult arenas, but crypto's Washington lobbyists are flying in allies this week and still hoping for a July vote.
CoinDesk

cryptoabout 3 hours ago
Former Robinhood Crypto COO Tanya Denisova joins stablecoin issuer Agora as head of operations
The former Robinhood Crypto executive will oversee operations as Agora scales its rapidly growing AUSD stablecoin business.
CoinDesk

cryptoabout 3 hours ago
Kalshi adds India to growing list of restricted jurisdictions
Kalshi has added India to its list of 55 restricted jurisdictions, months after Indian authorities warned VPN providers to stop facilitating access to these platforms.
Cointelegraph