Bitcoin Loses Strength, Fresh Decline Could Push Below Key Support
Bitcoin price is struggling below $104,200. BTC could continue to move down if it stays below the $103,500 resistance. Bitcoin started a fresh decline below the $103,500 support. The price is trading below $103,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $102,400 on the…
Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk
Bitcoin price is struggling below $105,000. BTC could continue to move down if it stays below the $104,200 resistance. Bitcoin started a fresh decline below the $104,000 support. The price is trading below $104,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $103,000 on…
Bitcoin Slides Back to $100K — Is the Parabolic Run Finally Cracking?
Bitcoin price is gaining bearish pace below $103,500. BTC could continue to move down if it stays below the $103,500 resistance. Bitcoin started a fresh decline below the $105,000 support. The price is trading below $104,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $103,500 on…
Bitcoin Sell-Off Continues — Downside Momentum Builds Across Crypto Market
Bitcoin price is gaining bearish pace below $108,800. BTC could continue to move down if it stays below the $109,500 resistance. Bitcoin started a fresh decline below the $109,000 support. The price is trading below $108,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $109,400 on…
Bitcoin Breaks Down Again — Bearish Momentum Intensifies Across Crypto Market
Bitcoin price is again declining below $110,000. BTC could continue to move down if it stays below the $110,000 resistance. Bitcoin started a fresh decline below the $109,500 support. The price is trading below $109,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $109,800 on the…
Bitcoin Extends Decline — Market Remains Under Pressure From Risk-Off Tone
Bitcoin price is correcting gains below $112,500. BTC could continue to move down if it stays below the $112,000 resistance. Bitcoin started a downside correction below the $112,000 support. The price is trading below $112,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $111,500 on the…
Bitcoin Faces Rejection — Resistance Zone Caps Upside After Recent Increase
Bitcoin price is correcting gains below $113,500. BTC could continue to move down if it stays below the $114,200 resistance. Bitcoin started a downside correction below the $114,200 support. The price is trading below $114,000 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $114,050…
Bitcoin Trades Sideways — Consolidation Above Support Could Fuel Next Upside
Bitcoin price is consolidating gains above $113,500. BTC could rise further if there is a clear move above the $115,750 resistance. Bitcoin started a fresh upward move above the $114,000 resistance level. The price is trading above $114,200 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at…
Bitcoin Accelerates Higher As Bulls Target Break Above $115,500 Resistance
Bitcoin price is attempting to recover above $113,500. BTC could rise further if there is a clear move above the $115,500 resistance. Bitcoin started a fresh recovery wave above the $113,500 resistance level. The price is trading above $114,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support…
Bitcoin Price Stabilizes — Buyers Step In To Prevent Deeper Correction
Bitcoin price is attempting to recover above $108,500 and $108,800. BTC could rise further if there is a clear move above the $111,200 resistance. Bitcoin started a fresh recovery wave above the $108,800 resistance level. The price is trading above $109,000 and the 100 hourly Simple moving average. There was a break above a short-term…