News with the tag "btc analysis"

Bitcoin continues to hold around the $108,000 mark, consolidating within a narrow range after a sharp rally from April lows. Price action suggests strength, but momentum has cooled slightly, setting the stage for a critical few days ahead. Technical Analysis The Daily Chart On the daily chart, BTC r...

Amid the market’s momentary pause, Bitcoin (BTC) has seen a 2% price drop in the past 24 hours. The largest cryptocurrency by market capitalization has been hovering between key resistance and support levels, with some analysts suggesting that volatility could be in BTC’s short-term future. Related ...

Bitcoin remains in a consolidation phase just below the $111K level, showing signs of exhaustion in its upward momentum. The market is currently in a state of anticipation, waiting for fresh demand or supply to define the next major move. Despite the pause, the broader outlook continues to favour a ...

Bitcoin has once again broken higher, pushing through key resistance zones and extending its bullish momentum. After multiple attempts to reclaim the previous all-time highs, the market has finally shifted gears, with bulls regaining control amid a backdrop of improving sentiment and a strong techni...

Bitcoin is once again pushing toward its all-time high after a strong continuation from the recent breakout. After breaking past $100K, the price is now consolidating below the ATH level, hinting at either a pause before further upside or potential exhaustion as funding and sentiment heat up. By Sha...

Bitcoin is showing signs of exhaustion after reaching a key resistance level near $106K. The rally that began in mid-April has pushed prices into overbought territory on higher timeframes, and momentum appears to be slowing. While the broader trend remains bullish, short-term consolidation or even a...

Bitcoin’s recent run appears to be losing steam, as price action encounters a decisive resistance range around the $95K psychological barrier. The market is currently showing signs of exhaustion, suggesting that a corrective phase may be on the horizon before the next potential surge toward new all-...

Bitcoin has pulled off a clean breakout above a key resistance zone, with momentum picking up across both timeframes and confirmation coming from on-chain activity. Technical Analysis By Edris Derakhshi The Daily Chart BTC has broken above the $92,000 level after consolidating for most of April. Thi...

Bitcoin’s price has been going through a significant drop after its failure to keep above the $100,000 region, but some signs of recovery are currently showing up. Technical Analysis By Edris Derakhshi The Daily Chart On the daily chart, Bitcoin recently found support around the $80,000 zone, aligni...

Bitcoin recently broke below the 100-day moving average at $97K, triggering a sharp sell-off that pushed the price beneath the $80K threshold. However, a strong rebound from the 200-day MA at $80K has brought the price back toward $90K, suggesting a potential sideways consolidation phase in the shor...