Bitcoin’s price trajectory remains uncertain with potential for further declines, though analysts suggest a rebound could materialize if the cryptocurrency maintains support above the $102,000 to $103,000 range. Geopolitical tensions, including military escalations between Israel and Iran, continue to influence… Read More »Bitcoin Faces Downside Risks But Rebound Possible Above $102K Support, Analysts Say
Bitcoin and alternative cryptocurrencies (altcoins) are demonstrating resilience despite ongoing market uncertainty. Bitcoin recently tested the $103,000 support level before rebounding to near $106,000, indicating persistent buyer interest amid geopolitical tensions. Technical analysis suggests Bitcoin may enter a consolidation phase,… Read More »Cryptocurrency Market Shows Resilience Amid Uncertainty as Bitcoin Tests Key Supports
Bitcoin’s failure to sustain prices above the $106,000 resistance level signals speculative demand rather than robust bullish momentum, according to market analysis. The $100,437 threshold has now emerged as a critical support zone whose breach could trigger significant price movements.… Read More »Bitcoin Support Holds Critical at $100,437 Amid Failed Breakout, Ethereum Shows Speculative Weakness
Cryptocurrency analytics firm Glassnode has emphasized the importance of Bitcoin maintaining its support level around $97,600, labeling it as crucial for ongoing bullish momentum. A breach below this threshold, analysts warn, could trigger significant market volatility and potential downside risk… Read More »Glassnode Warns Bitcoin’s $97,600 Support is Critical Bullish Line