Bitcoin technical analysis

Bitcoin Dips Below $105,000 as Technical Weakness and Geopolitical Risks Fuel Selling Pressure

Bitcoin has plunged nearly 5% over the past 24 hours, trading near $105,000 as mounting bearish pressure threatens critical support levels around $103,000. This downturn follows deteriorating technical indicators and escalating geopolitical tensions across global markets. Technical analysis shows waning… Read More »Bitcoin Dips Below $105,000 as Technical Weakness and Geopolitical Risks Fuel Selling Pressure

Bitcoin Breaks Bullish Triangle Pattern Signaling Potential Upward Momentum

Bitcoin has decisively broken out of a bullish triangle technical pattern, suggesting a potential continuation of its upward price trajectory. This development signals strengthening market sentiment and aligns with favorable fundamental conditions supporting cryptocurrency markets. The breakout coincides with renewed… Read More »Bitcoin Breaks Bullish Triangle Pattern Signaling Potential Upward Momentum

Analysts Predict $200K Bitcoin Amid US Fiscal Instability and Institutional Demand

Investment firm Bitwise forecasts Bitcoin could reach $200,000 by year-end, citing concerns over rising US government debt and surging institutional adoption as key catalysts. Analysts position Bitcoin as a growing hedge against sovereign financial risk. Concerns over US fiscal policy… Read More »Analysts Predict $200K Bitcoin Amid US Fiscal Instability and Institutional Demand