Bitcoin price is holding support near $26,750. BTC might start a fresh increase if there is a clear move above the $27,550 resistance zone. Bitcoin is holding the key support at $26,750 and $26,600. The price is trading above $26,800 and the 100 hourly Simple moving average. There was a break above a key bearish…
Bitcoin price is correcting gains and trading below $27,500. BTC must stay above the 100 hourly SMA to start a fresh increase in the near term. Bitcoin struggled to climb above $27,500 and started a downside correction. The price is trading above $26,600 and the 100 hourly Simple moving average. There is a key rising…
Bitcoin price is recovering higher above the $27,000 resistance. BTC must clear the $27,800 resistance to start a decent increase in the near term. Bitcoin tested the $26,000 support zone and is currently recovering higher. The price is trading above $26,500 and the 100 hourly Simple moving average. There was a break above a major…
Bitcoin price is moving lower below the $28,000 level. BTC is at risk of a downside break toward the $25,000 support in the near term. Bitcoin struggled to recover above the $27,500 and $27,800 resistance levels. The price is trading below $27,500 and the 100 hourly Simple moving average. There are two bearish trend lines…
Bitcoin price is struggling to clear the $28,200 resistance. BTC is again moving lower and might decline toward the $27,000 support zone. Bitcoin attempted an upside break above $28,200 but failed. The price is trading below $28,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance near…
Bitcoin price may have resumed its bullish momentum, following a cooler than expected April 2023 CPI report. The Consumer Price Index, a key measure of inflation, fell to 4.9% – lower than the expected 5.0%. As a result, crypto prices are climbing. Bitcoin Price Reclaims $28,000 After April CPI Release The Bureau of Labor Statistics…
Bitcoin price is consolidating losses below $28,200. BTC could start another decline unless there is a clear move above the $28,500 resistance. Bitcoin is consolidating losses and trading above the $27,000 support. The price is trading below $28,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…
Bitcoin price is moving lower below $28,000. BTC is approaching the $27,000 support, below which there is a risk of an extended decline to $25,500. Bitcoin is moving lower and trading below the $28,200 pivot level. The price is trading below $28,000 and the 100 hourly Simple moving average. There is a major bearish trend…
Bitcoin price is moving lower below $28,000. BTC is approaching the $27,000 support, below which there is a risk of an extended decline to $25,500. Bitcoin is moving lower and trading below the $28,200 pivot level. The price is trading below $28,000 and the 100 hourly Simple moving average. There is a major bearish trend…
Bitcoin price failed to clear the $30,000 resistance. BTC is declining and remains at risk of a move toward the $27,200 support zone. Bitcoin is moving lower from the $29,750 resistance zone. The price is trading below $28,800 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…