Bitcoin Price Extends Losses, Can Buyers Prevent a Major Breakdown?
Bitcoin price is trimming gains and trading below $120,000. BTC is now showing some bearish signs and might decline below $115,500 zone. Bitcoin started a downside correction below the $120,000 zone. The price is trading below $118,000 and the 100 hourly Simple moving average. There was a break below a key declining channel with support…
Bitcoin Next Crucial Test Lies At $127,000 — Breakout Eyes $144,000 Mark
Bitcoin is trading in the $117,000 price region following a rather eventful week, which allowed investors to experience both sides of the market volatility. Notably, the premier cryptocurrency established a new all-time high at $124,457 before experiencing a sharp crash to below $118,000 driven by recent US PPI data. As enthusiasts await the asset’s next…
Bitcoin Faces Make-Or-Break Moment In September – Here’s Why
Bitcoin prices have now crashed by over 4% after reaching a new all-time high on August 14. The crypto market leader remains in consolidation, potentially gathering momentum for the next leg up. Amidst this stable market structure, a popular trading expert with the X username KillaXBT provides insights into possible price developments for the next…
Bitcoin Makes A Modest Pullback As Market Eyes Post Trump-Putin Meeting Reaction
According to CRYPTOWZRD’s recent bearish note, but the broader outlook may soon shift. He noted that the Trump–Putin meeting delivered a productive outcome, which could fuel a positive reaction in the market if conditions remain steady. Daily Candle Shows Slight Bearish Bias, Yet Indecisive In his update, CRYPTOWZRD noted that Bitcoin’s daily candle closed slightly…
Bitcoin Prepares For Make-Or-Break Move As Textbook Triangle Meets Tight Range
Bitcoin is approaching a critical juncture as its textbook ascending triangle converges with a tight trading range. Consolidation near key support and resistance levels sets the stage for a potential breakout or breakdown, making the next moves crucial for market momentum. Ascending Triangle Signals Strength Alpha Crypto Signal, in a recent bullish continuation setup. The…
Bitcoin Pulls Back to $121,800 After Record High: Is This Just a Breather Before the Next Leg Up?
Bitcoin (BTC) surged to a new all-time high of $124,400 on early Thursday, fueled by strong institutional demand, bullish technicals, and favorable U.S. policy shifts. The move pushed the overall crypto market cap to a record $4.18 trillion. The rally followed a decisive breakout above key technical levels, including the 7-day SMA at $118,892 and…
Bitcoin Price Slides 4% After Strong Rally – Correction or Pause?
Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave. Bitcoin started a downside correction from the $124,000 zone. The price is trading below $122,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with…
Bitcoin Price Hits New Milestone ATH, Bulls Eye Even Higher Levels
Bitcoin price is gaining pace above the $121,200 zone. BTC is now consolidating and might aim for a move above the $124,000 resistance zone. Bitcoin started a fresh increase above the $122,000 zone. The price is trading above $122,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support…
Bitcoin Price Trades Sideways Under $120K—Will Bulls Regain Control?
Bitcoin price is correcting gains below the $121,200 zone. BTC is now consolidating and might aim for a move above the $120,500 resistance zone. Bitcoin started a downside correction below the $121,200 zone. The price is trading above $118,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support…
Bitcoin Price Eases From Highs—Bounce Back on the Horizon?
Bitcoin price is correcting gains from the $122,250 zone. BTC is now consolidating and might aim for a move toward the $120,500 resistance zone. Bitcoin started a fresh increase above the $118,500 zone. The price is trading above $118,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend…