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 ...
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 ...
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 ...
