Bitcoin is showing signs of recovery, steadily climbing above the $82,500 mark. Currently, it has surpassed the $83,000 resistance and is trading above $84,500, supported by a bullish trend line at $85,200. However, a challenge lies ahead with immediate resistance at $86,500 and higher at $87,200. If Bitcoin clears these levels, it could potentially rise ...
KAITO, an altcoin, has dipped slightly from its recent peak of $2.92 and is currently trading at $2.22, just below a key resistance level of $2.26. Its recovery is largely tied to Bitcoin’s performance, as both coins are increasingly correlated. If Bitcoin continues to rise from its recent low, KAITO may follow suit. However, traders ...
Bitcoin is currently trading just under $88,000, down from its all-time high of $109,000 earlier this year, reflecting a nearly 15% decline over the past month. Analyst Bilal Huseynov from CryptoQuant highlights the Retail Investor Demand (RID) indicator, which has faced resistance at the neutral level of 0%. While recent trends have been bearish, signs ...
