Articles for tag: Bitcoin, BTC price, cryptocurrency analysis, market trends, support and resistance, technical indicators, trading strategies

Market News

Bitcoin Price Drop: Is This the Start of a Longer Downtrend? Insights and Analysis from TradingView News

Bitcoin is experiencing a significant decline, dropping below the crucial $90,000 support level after failing to maintain its position above $95,500. Currently, BTC is trading around $88,500, consolidating after testing the $86,000 mark. If Bitcoin can’t rise above the $90,000 resistance soon, further declines could occur, with key support levels at $88,000 and $86,000. On ...

Market News

Bitcoin Breakout: Key Level Analysis for Potential Surge Towards $106 Double-Top Resistance

This week saw significant macroeconomic shifts, with the US economy outperforming expectations, impacting riskier assets and delaying interest rate cuts. Despite these challenging signs for Bitcoin, which is holding steady around $96,000, traders remain cautious amid escalating trade war fears linked to former President Trump’s threats. Bitcoin’s recent short-term analysis shows a potential bearish double-top ...

Market News

Bitcoin Price Analysis: Will the Downtrend Persist? Insights on Potential Future Movements and Market Factors at Play.

Bitcoin’s price has fallen below the $100,000 mark, showing bearish trends and potential for further declines. Currently trading below $98,000, Bitcoin faces immediate resistance at $95,850 and key support around $91,200. If it can hold above this support level, there might be a chance for recovery, targeting the $98,500 resistance. However, if the price continues ...

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