Bitcoin is at a critical point, trading near $84,000, with the 200-day Exponential Moving Average acting as a key resistance. If it can break through this level, we might see Bitcoin surge closer to the $100,000 mark. However, declining trading volume suggests that selling pressure is easing, which could open the door for buyers. Conversely, ...
Bitcoin is currently facing potential volatility as its price hovers around $83,000, with a critical support level at $82,000. A drop below this threshold could trigger over $1.13 billion in liquidations of long positions, leading to increased Market pressure. Recent announcements regarding the creation of a U.S. bitcoin reserve have disappointed investors, who expected more ...
Bitcoin is attempting to recover from a recent dip to $85,211, but its lack of strong buying momentum raises questions about its ability to sustain this rebound. While buyers are trying to gain control, key technical indicators show that bullish strength is still weak, leaving Bitcoin vulnerable to further declines. If it can hold above ...
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 ...
Bitcoin’s price has recently dropped below key support levels, following a decline from around $98,500. Currently, it is trading below $95,500 and has faced challenges at the $92,200 resistance level. If Bitcoin cannot maintain its position above $90,000, it may see further losses, potentially dropping to the next major support at $88,500. Currently, the price ...
Bitcoin is facing difficulties as it struggles to break through the $100,000 resistance level, currently hovering around $96,500. After attempting to rise above $97,000, Bitcoin has started to decline, slipping below key support levels. If it can stay above $96,000, there’s a chance for recovery, but failing to do so could lead it toward $95,000. ...
Bitcoin’s price is currently facing difficulties in surpassing the $100,000 resistance level, with recent declines pushing it below $97,000. After attempting to rise from around $98,500, BTC is now at risk of testing the $95,000 support level. Key technical indicators show a bearish trend as Bitcoin trades below the 100 hourly simple moving average. If ...
Since early 2023, Bitcoin has been on a steady upward trend, currently consolidating between $90,000 and $100,000. This phase is expected to lead to a potential breakout, similar to previous bullish patterns. However, key factors may impact this trend. Tightening U.S. dollar liquidity could limit investment in risk assets like Bitcoin. Additionally, the Trump administration’s ...
Bitcoin is currently around $98,000 after dropping 3.5% the previous day. Ethereum is trading at about $2,700, showing signs of potential further decline. Ripple’s price has slipped below its ascending trendline, indicating a shift from bullish to bearish sentiment. All three major cryptocurrencies are struggling to maintain their recent recoveries, with bearish momentum visible in ...
Bitcoin’s price has recently slipped below a key moving average, raising concerns among traders about the Market‘s strength. Many are questioning whether this dip is just a temporary setback or the start of a more significant decline. Observers are closely watching important support levels to gauge Bitcoin’s next move. If Bitcoin fails to regain its ...
