Bitcoin Faces Pressure – Could The Price Resume Its Downtrend Soon?
Bitcoin price corrected losses and traded above the $114,200 level. BTC is now struggling and might face hurdles near the $116,000 level. Bitcoin started a recovery wave above the $114,000 resistance level. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at…
Bitcoin Correction Deepens – Traders Cautious As Downside Pressure Builds Further
Bitcoin price corrected gains and traded below the $124,000 level. BTC is now struggling and might continue to move down below $120,000. Bitcoin started a downside correction below the $123,200 level. The price is trading below $123,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $122,750…
Bitcoin Pauses Below Key Levels – Can It Regain Momentum For A Rally?
Bitcoin price corrected gains and traded below the $125,000 pivot level. BTC is now consolidating near $122,200 and might struggle to rally above $125,000s. Bitcoin started a downside correction below the $124,000 level. The price is trading below $123,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support…
Bitcoin Price Retreats From Highs – Is The Market Signaling A Short-Term Top?
Bitcoin price struggled to surpass $126,200 and corrected gains. BTC is now consolidating near $122,000 and might aim for a recovery wave. Bitcoin started a downside correction below the $125,000 level. The price is trading below $124,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at…
Bitcoin Price Surges To New Peak – What Could Fuel The Next Leg Up?
Bitcoin price started a strong increase and traded above $126,000. BTC is now consolidating gains and might aim for more gains in the short term. Bitcoin started a major increase above the $125,000 zone. The price is trading above $124,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming…
Bitcoin Steadies After Rally – Is Another Powerful Breakout Just Ahead?
Bitcoin price started a strong increase and traded above $124,000. BTC is now consolidating gains and might aim for a fresh rally in the short term. Bitcoin started a major increase above the $123,500 zone. The price is trading above $122,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line…
Bitcoin Smashes Past $118K – Is Stronger Bullish Momentum Now Set To Begin?
Bitcoin price started a strong increase and traded above $118,000. BTC is now consolidating gains and might correct some points in the short term. Bitcoin started a major increase above the $116,500 zone. The price is trading above $117,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with…
Bitcoin Price Targets Upside Breakout – Can Bulls Push Price Beyond Key Levels?
Bitcoin price started a recovery wave and traded above $114,200. BTC is now consolidating gains and facing hurdles near $114,750. Bitcoin started a fresh recovery wave above the $114,000 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support at $113,300…
Bitcoin Price Bounces Higher – Clears Resistance, But Next Barrier Still Looms
Bitcoin price started a recovery wave and traded above $114,000. BTC is trading above $114,000 and facing hurdles near $115,000. Bitcoin started a fresh recovery wave above the $113,500 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance…
Bitcoin Bounces Back – Could Current Recovery Trigger Fresh Bullish Momentum?
Bitcoin price found support near $108,680 and started a recovery wave. BTC is trading above $111,000 and facing hurdles near $112,500. Bitcoin started a fresh recovery wave above the $110,500 zone. The price is trading above $110,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with…