Market support levels

Thailand-Cambodia Border Tensions Trigger Bitcoin Sell-Off as Price Breaks Critical Support

Escalating geopolitical tensions between Thailand and Cambodia have rippled through cryptocurrency markets, catalyzing a risk-off sentiment that pushed Bitcoin below key technical thresholds. Thailand’s deployment of F-16 fighter jets along the disputed border region, coupled with Cambodia’s appeal for United… Read More »Thailand-Cambodia Border Tensions Trigger Bitcoin Sell-Off as Price Breaks Critical Support

Bitcoin Plunges Below $117,000 Threshold Amid Market Volatility

Bitcoin witnessed a significant price correction, dipping below the crucial $117,000 support level to trade at approximately $116,800. The leading cryptocurrency recorded a 24-hour decline of 3.73%, reflecting heightened market volatility. Investors and traders are advised to monitor market developments… Read More »Bitcoin Plunges Below $117,000 Threshold Amid Market Volatility

Bitcoin Faces Short-Term Reversal Risk as $106,000 Support Level Tested

Bitcoin’s rally has stalled near the $110,000 resistance level amid rising short interest and declining open interest in futures markets, signaling potential bearish pressure. Derivatives data indicates a notable shift from long to short positions, suggesting a ‘soft reversal point’… Read More »Bitcoin Faces Short-Term Reversal Risk as $106,000 Support Level Tested