Bitcoin price started a fresh decline from the $110,000 zone. BTC is now declining and might trade below the $107,500 support zone. Bitcoin started a fresh decline from the $110,000 zone. The price is trading below $108,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with…
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Bitcoin is currently on the path to holding a strong footing above $109,000 after reclaiming the $108,000 price level in the past seven days. Notably, Bitcoin’s price has gained more than $3,000 over the past week, with bullish momentum building steadily across the broader crypto market. Bitcoin is once again flirting with all-time highs, and…
Bitcoin price started a fresh increase above the $108,500 zone. BTC is now consolidating and might aim for more gains above the $110,000 resistance. Bitcoin started a fresh increase above the $108,500 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing…
Bitcoin started the month of July with a convincing rally to the upside, suggesting a sustained bullish sentiment amongst investors from its performance by the end of June. The upward rally, however, cooled off following the release of positive employment data by the United States. Traders might have expected this data to be typically bullish, but…
Bitcoin is currently holding just above the $108,000 level and bulls are maintaining momentum 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…
Bitcoin has held steady around the $108,000 price level in recent days. After bouncing back from a brief pullback near $105,500 on Wednesday, Bitcoin recently tested $109,000 again in the past 24 hours. A popular crypto analyst has shared a long-term “Bitcoin Bull Run Cheat Sheet” that claims that the cryptocurrency has now entered into…
The Bitcoin price action was largely sideways rather than strongly bullish for most of June. As of early July, the flagship cryptocurrency has maintained its movements around $108,000 – $110,000 region. While Bitcoin still retains its bullish market structure, recent on-chain data calls for a level of caution when investors are looking for opportunities in…
Bitcoin is facing resistance just below its $112,000 all-time high, struggling to break into price discovery as the market gains momentum. After reaching a high of $110,500 yesterday, BTC has retraced over 2%, but price action remains bullish. Traders are closely watching this consolidation, which may act as a springboard for a decisive move upward.…