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blockchain - Ad-Doge BLOG

Bitcoin Must Hold $106,000 And $98,000 To Avoid Breakdown

Bitcoin is currently after a volatile start to July. However, a closer look at on-chain data shows how fragile that position might be.  Interestingly, two support levels, $106,738 and $98,566, are now the most important zones for bulls to defend. These levels represent clusters of addresses holding large amounts of Bitcoin, and losing them could…

Bitcoin Consolidating Below $108,000 But Eyes $115,000 Target

Bitcoin’s price action has been relatively stable in recent days, currently trading just above $107,000 after briefly touching previous highs near $108,000.  Amid this backdrop, technical analysis from a popular crypto analyst on the TradingView platform outlined a compelling structural setup forming on Bitcoin’s daily chart. The analysis shows that Bitcoin’s action is in a…