Bitcoin’s recent strong rally has exhibited signs of slowing momentum as heightened profit-taking activity coincides with declining trading volumes. Market analysts suggest this dynamic indicates a potential consolidation phase may precede further market movements. The cryptocurrency gained approximately 41% since… Read More »Bitcoin Rally Shows Signs of Consolidation Amid Profit-Taking and Volume Decline
Bitcoin is consolidating above the $100,000 psychological threshold, showing signs of base-building that could precede a significant price rally. Market analysts attribute this stability to reduced selling pressure on exchanges and robust demand from long-term holders. The cryptocurrency has been… Read More »Bitcoin Consolidates Above $100K as Market Builds Base for Potential Rally
Bitcoin’s price is consolidating between $107,000 and $108,500, signaling a potential pause before renewed upward momentum. Market analysts view this compression phase as constructive for building energy toward new highs, with the current range functioning as a critical technical junction… Read More »Bitcoin Holds Steady Near $108K as Market Awaits US Inflation Data for Directional Cue