Bitcoin continues to face strong resistance as bulls struggle to reclaim higher price levels and restore upward momentum. With the market failing to break key resistance zones, attention is now shifting toward major Fibonacci support areas, where buyers could attempt to stabilize the current decline and prevent a deeper correction. Recovery Hopes Fade Unless Resistance…
The Bitcoin price has surged towards the $80,000 mark over the past few weeks, signaling an ongoing resurgence from the bear-market lows observed in the first quarter of 2026. However, the premier cryptocurrency appears to have run out of the bullish impetus to sustain its current recovery, as it hovers around a psychological price level.…
Crypto analyst Gargoyle has advised market participants not to buy Bitcoin until it sees high volume, which could mark the bottom. This comes amid BTC’s recent drop below the psychological $80,000 level, with the leading crypto at risk of another decline. Analyst Advises Against Buying Bitcoin Until Bottom Is Confirmed In an X post, Gargoyle…
Bitcoin (BTC) dropping below the $80,000 mark is starting to undo some of the optimism that followed a major step forward for the industry. After the Senate Banking Committee markup for the CLARITY Act on Thursday, the market’s gains have since faded. Now, fresh inflation data is arriving with a potentially heavier hand, and analysts…
Bitcoin is struggling to push above $82,000 as the market heats up and buyers search for the momentum needed to break through resistance that has now rejected three separate attempts. The price action is grinding, and analyst Axel Adler has identified the specific mechanism behind that resistance — one that goes beyond the technical level…
Bitcoin has failed three attempts to break above the $82,000 area, with short-term holders repeatedly selling into strength, according to a May 15 market brief from on-chain analyst Axel Adler Jr. The setup puts the market in a narrow technical and behavioral squeeze, where the 200-day simple moving average is acting as resistance while short-term…
Strategy now holds 818,869 Bitcoin, worth roughly $66 billion at current prices — a position that has become the largest corporate Bitcoin reserve anywhere in the world. That stockpile keeps growing, and the instrument fueling much of the buying just broke a record. Related Reading A New Kind Of Funding Tool STRC, the company’s Variable…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Bitcoin price started a fresh increase and cleared the $80,500 zone. BTC is consolidating and might aim for more gains above the $82,000 level. Bitcoin managed to stay above $78,800 and started a fresh increase. The price is trading above $80,500 and the 100 hourly simple moving average. There was a break above a bearish…
Bitcoin’s latest push has run into a difficult stretch, with the price falling back under the $80,000 mark in the past 24 hours. This context gives more weight to a new quarterly chart analysis that places the most important levels much lower than the current price. According to the analyst, Bitcoin may continue to move…