Bitcoin has started a downward trend after failing to hold above $92,500, now trading below key support levels at $88,000 and $85,000. Currently, BTC is consolidating around $83,500 after previously dipping to $80,525. To prevent further losses, Bitcoin needs to remain above the $80,000 mark. Immediate resistance is around $85,000, with a crucial level at ...
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 has been trading between $94,000 and $100,000 for nearly two weeks, showing low volatility and a lack of clear direction influenced by geopolitical tensions and economic uncertainty. A Bitfinex report indicates that Bitcoin is becoming more mature as a risk asset and is now more correlated with macroeconomic trends. Meanwhile, the options Market is ...
Bitcoin’s price has remained largely stable, losing just 0.37% in the past day, and it is now consolidating between $95,000 and $98,000. Market analyst Cryptododo7 warns that if Bitcoin fails to break the key resistance at $102,000, it could see a decline towards $84,000 or even drop to $76,000. On the upside, a price close ...
A popular crypto analyst, Rekt Capital, suggests that Bitcoin often misleads traders with false breakdowns, making them sell before the price rises again. In a recent update to his followers, he explained that these downward swings test the belief of Bitcoin holders. According to him, these dips are actually opportunities for reaccumulation, and Bitcoin could ...
Bitcoin (BTC) is currently facing a potential decline to $75,000, following signs of a ‘double top’ bearish reversal pattern. This pattern appears when a cryptocurrency hits two peaks at similar price levels, indicating a possible loss of upward momentum. Currently, BTC has pulled back to around $100,000, struggling to maintain the December highs. If it ...
On January 23, 2025, Bitcoin experienced a slight pullback amid Market volatility, hovering between key levels of $90,000 and $110,000. The $110,000 mark is crucial for traders, as breaking above it could lead to prices reaching $115,000 or even $120,000. With $100,000 serving as a solid support level, many believe the Market is finding value ...
As of January 23, 2025, Bitcoin is experiencing a slight pullback amidst ongoing Market fluctuations. Traders are closely watching the critical $110,000 mark; a breakthrough could drive prices higher to $115,000 or even $120,000. The supportive $100,000 level, previously resistance, suggests that buyers may emerge during dips. The Market appears to be stabilizing while it ...
Bitcoin has been experiencing a short-term correction after reaching around $106,250, now consolidating above $100,000. Currently, it is trading below $103,800 and facing resistance at the $102,000 and $103,000 levels. If Bitcoin stays above the $100,000 support, it may regain momentum and aim for higher targets, including $104,650 and $106,250. However, if the price fails ...
Currently, the bitcoin Market is showing a clear dominance of sellers, reflecting a bearish outlook. However, beneath this surface, there are many buyers ready to purchase at lower price points, suggesting potential support for prices. Data from Hyblock Capital highlights a transition from an upward to a downward trend in Market quotes, indicating increased selling ...
