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Bitcoin Price Reaches Rejection Zone: Can It Overcome the Resistance?

Btc

Bitcoin price recovered above the $62,000 resistance zone. BTC must clear the $62,500 resistance zone to continue higher in the near term. Bitcoin started a recovery wave above the $61,500 and $62,000 levels. The price is trading below $63,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with…

Bitcoin Price Reaches Rejection Zone: Can It Overcome the Resistance? Read More »

Bitcoin Dives, Breaks $60K: Market Reels From Sharp Decline

Btc

Bitcoin price gained bearish momentum and traded below $60,000. BTC is signaling a short-term downtrend and might face hurdles near $62,000. Bitcoin started a fresh decline from the $62,550 resistance level. The price is trading below $61,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at…

Bitcoin Dives, Breaks $60K: Market Reels From Sharp Decline Read More »

Bitcoin Price Could Attempt to Recover Lost Ground But Faces Many Hurdles

Btc

Bitcoin price is consolidating above the $64,000 level. BTC could try to follow Ethereum and recover if it manages to clear the $65,650 resistance zone. Bitcoin started a minor recovery wave above the $65,000 level. The price is trading below $65,500 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming…

Bitcoin Price Could Attempt to Recover Lost Ground But Faces Many Hurdles Read More »

Bitcoin Price Remains at Risk Despite Recent Moves, Indicators Turn Bearish

Btc

Bitcoin price extended its losses and traded below the $64,500 level. BTC is correcting losses, but the bears are still in control and aim for more losses. Bitcoin remained in a bearish zone and traded below $64,500. The price is trading below $65,500 and the 100 hourly Simple moving average. There is a connecting trend…

Bitcoin Price Remains at Risk Despite Recent Moves, Indicators Turn Bearish Read More »

Bitcoin Price Slide: Extends Losses Amid Increased Selling Pressure

Btc

Bitcoin price extended its losses and traded below the $65,000 level. BTC is showing bearish signs and might extend losses below the $64,600 level. Bitcoin remained in a bearish zone and traded below $65,000. The price is trading below $66,000 and the 100 hourly Simple moving average. There is a connecting trend line forming with…

Bitcoin Price Slide: Extends Losses Amid Increased Selling Pressure Read More »

Bitcoin Price Rejects $70K: Post-Fed Recovery Fails to Materialize

Btc

Bitcoin price started a strong increase above $68,500. BTC even tested $70,000, but post-fed there was a major bearish reaction. Bitcoin started another decline from the $70,000 resistance zone. The price is trading below $68,550 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $67,500 on…

Bitcoin Price Rejects $70K: Post-Fed Recovery Fails to Materialize Read More »

Bitcoin in Decline: Price Turns Red as Market Eyes Fed Decision

Btc

Bitcoin price extended losses below $67,500 support zone. BTC tested the $66,000 support zone and is now attempting a recovery wave. Bitcoin started another decline below the $68,500 support zone. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $68,650…

Bitcoin in Decline: Price Turns Red as Market Eyes Fed Decision Read More »

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