Cryptocurrencies Price Prediction: Bitcoin, Terra & SafeMoon — Asian Wrap 06 June

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This Bitcoin fractal clarifies why a crash to $20,000 is inevitable

Bitcoin price is showing a bear flag fractal form on a lower timeframe, forecasting a 30% crash. A breakdown of the $30,000 psychological level from a weekly time frame would further help the bears’ case. The macro bearish outlook could face invalidation if BTC produces a higher high above $52,000.

Terra’s LUNA 2.0 price plummets below $5; here’s where it’s going next

Terra's LUNA 2.0 price has dipped below $5, crashing by more than 60% over the past week. The Layer 1 token reached a low of $4.50 and it is hovering around $4.80 at the time of writing. Further selling pressure could send LUNA 2.0 price to retest May 28's low at $3.50.

SafeMoon price on track to trigger its next money-doubling rally

Safemoon price has been in a correction mode for more than a week and is approaching a reversal zone. While this downswing will alleviate the sell-side pressure, it will also allow sidelined buyers to jump in and trigger another leg-up.

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Uniswap extends rally amid Arc stablecoin liquidity partnership

Uniswap approaches $3.00 at the time of writing on Tuesday, extending its rebound for the sixth consecutive day. The rebound aligns with the broader risk-on mood in the crypto market, with Bitcoin trading above $67,000.

Crypto Today: Bitcoin extends recovery above $66K as Ethereum and XRP lose momentum

Bitcoin holds above $66,000, seemingly poised to extend its rebound, supported by growing retail demand. Ethereum struggles near the $1,800 short-term supply range despite a strengthening derivatives market.

Bitcoin rebound driven by fading selling pressure as demand remains subdued

Bitcoin extends its recovery, trading above $66,500 on Tuesday, marking four consecutive days of green candlesticks. Report highlights that BTC is staging a tentative relief bounce from deeply oversold conditions, suggesting stabilization rather than a trend reversal.

Zcash, Near Protocol, Hyperliquid regain bullish momentum after Arthur Hayes exit

Zcash, NEAR Protocol, and Hyperliquid edge higher on Tuesday, extending their recovery so far this week. Retail and institutional demand heats up for altcoins, fueling a rebound as prices fully absorb the impact of Arthur Hayes's exit.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.