Bitcoin (BTC) experienced a decline yesterday, dropping 1.43% as seller dominance pushed the price lower and prevented a sustained break above near-term resistance near $114,008. The price action now brings key technical support levels between $113,000 and $112,000 into focus.… Read More »Bitcoin Faces Downward Pressure as Sellers Test Key Support Levels
Bitcoin is showing signs of a significant price correction toward $92,000 amid deteriorating technical indicators and weakening critical support levels. Market analysts warn this retracement could materialize if current bearish patterns persist. The cryptocurrency faces immediate vulnerability at the $115,000… Read More »Bitcoin Faces Potential Correction to $92,000 as Technical Indicators Turn Bearish
Bitcoin remains constrained below the critical $120,000 resistance level amid intensifying bearish market conditions. The flagship cryptocurrency faces mounting downward pressure as major holders increase distribution activity, hindering sustained upward momentum. Recent on-chain data reveals amplified selling from large-scale investors… Read More »Bitcoin Struggles Below $120,000 Amid Whale Selling Pressure and Bearish Signals
Bitcoin is showing signs of price consolidation near the $117,000-$120,000 range as market participants eye the psychological $120,000 resistance barrier. The cryptocurrency registered a 1.06% gain over the past 24 hours but struggled to breach the $119,239 resistance level, with… Read More »Bitcoin Faces Pivotal Test at $120,000 Resistance Amid Consolidation Signs
Bitcoin is encountering heightened selling pressure following recent macroeconomic data, with significant exchange inflows signaling potential near-term price corrections. Over 80,810 BTC ($9.4 billion) moved to centralized exchanges on July 15, reflecting increased distribution interest after the CPI report release.… Read More »Bitcoin Faces Potential Correction Amid Exchange Inflows and Key Support Tests
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 and other major cryptocurrencies experienced significant price fluctuations amid heightened geopolitical uncertainty caused by recent US political rhetoric directed at Iran. Bitcoin briefly fell below the $104,000 mark, while Ether and XRP dropped approximately 1.3% in the wake of… Read More »Cryptocurrencies Face Volatility as Geopolitical Tensions Escalate