Bitcoin’s price has recently dropped below the $85,000 support, causing concern among traders. After failing to maintain levels above $88,500, BTC fell heavily, testing the $80,000 zone. Currently, the price is below $82,200 and facing resistance around $83,800. If Bitcoin cannot break above $85,000 soon, it risks further declines. Immediate support is at $80,000, with ...
Bitcoin has been experiencing a tough time, trapped in a tight price range between $94,000 and $100,000. Investors are anxious as the cryptocurrency struggles to break out decisively. A recent hack on the Bybit exchange, resulting in the theft of $1.4 billion in Ethereum, has added to the Market‘s uncertainty and volatility. Despite the challenges, ...
As of February 1, the cryptocurrency Market is facing a decline, with XRP’s price dropping by 3.48% to $2.9725. Despite these fluctuations, XRP has established a local support level at $2.9466. Traders should watch the crucial resistance zone around $3; if the daily closing price exceeds this level, XRP might rise to $3.0631. Currently, the ...
Bitcoin price is showing strong signs of recovery, currently trading above $95,000. After breaking the $95,500 resistance, BTC aims for further gains, seeking to surpass the critical $98,000 level. The price is supported by the 100 hourly Simple Moving Average, indicating bullish momentum. If Bitcoin clears the $97,000 resistance, it may push towards $100,000 and ...
