Friday, June 26, 2026

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Wednesday, June 24, 2026

The Levels Bitcoin Needs to Reclaim Just Dropped Toward $70,000

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The Levels Bitcoin Needs to Reclaim Just Dropped Toward $70,000

Dynamic trend levels are coming down, but the bear-market work is not finished yet.

Johan Bergman

Jun 24

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Bear markets rarely feel like a single dramatic event. They feel like a long siege.

At first, everyone waits for the one capitulation candle. Then price chops sideways for weeks. Then the moving averages slowly drift lower. Then the same chart that looked impossible to reclaim suddenly sits much closer to spot. Nothing feels resolved, but the battlefield changes anyway.

That is where we are now. In this bitcoin update, we are going over the technical trend levels that matter most, and we are also taking you with us into the first results of new on-chain cohort research.

The short version: momentum levels are coming down, which is good. But the bear-market framework and the new Rookie/Veteran data still argue for patience.

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Bitcoin’s Stabilization Is Not Confirmed

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Bitcoin’s Stabilization Is Not Confirmed

Bitcoin Momentum Report, June 2026

Ecoinometrics

Jun 24

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Looking at Bitcoin over the past two weeks, you’d be forgiven for thinking the market has finally found some support.

The panic selling that dominated May and early June has eased. Prices have stopped falling. At first glance, that looks like progress.

But one of the hardest things about bear markets is that periods of stability often look exactly the same whether a bottom is forming or whether the market is simply catching its breath before moving lower again.

That’s the question we are facing today.

Is Bitcoin building a base from which it can recover, or is the current stabilization just a temporary pause within a broader downtrend?

Today we’ll look at three different momentum indicators covering market participation, price trends, and capital flows to help answer that question.

So let’s look at the data.

Ecoinometrics delivers professional-grade crypto and macro analysis to help institutional investors and serious traders make data-driven decisions.

Our team conducts rigorous quantitative research, developing proprietary metrics and institutional-quality visualizations that cut through the noise to reveal key market dynamics.

Each newsletter provides clear, actionable insights backed by data, delivered in a concise format that respects your time - five minutes to absorb, but deep enough to inform your investment strategy.

Join over 34,000 professional investors and fund managers:

Ready? Let’s dig into the data.