#bottoming

1 tagPage.articles

#Bitcoin #BTC #$62K #technical analysis #200-week MA #Trump #Hormuz Strait #Fed #Waller #rate hike

Market Analysis 2026-07-14

Crypto Market Analysis July 14, 2026: BTC Breaks $62K Under Triple Headwinds — 200-Week MA at Risk, Panic Selling Exhaustion Suggests Bottom, June CPI Cools but Core Sticky

Bitcoin fell to $61,847-$62,730 (−2.7% to −3.1%), losing $62K. The 200-week MA is under renewed threat. Trump 20% Hormuz toll, Waller rate hike warning, US gov $297M transfer. Daily spot selling plunged from 2,000 BTC (June) to 53 BTC (July). Coinbase says BTC may be bottoming. CPI -0.1% but core +0.2%. Fear & Greed at 22.