Bitcoin Bulls Defend $17,700, But BTC Still Faces Dangerously Strong Resistance

2020-12-10 21:00

Bitcoin has faced some intense selling pressure over the past few days, with the response to its recent break below $19,000 being quite bearish This validates the notion that this is a crucial level that the crypto much firmly surmount and flip into support if it is to see any further upside One trader is now noting that, while BTC did rebound off of its key support in the upper-$17,000 region, it still faces multiple […]

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Support Turns Resistance: Bitcoin Retests $64,515 After Break – Will It Hold?

Bitcoin’s price dynamics have taken a significant turn as the $64,515 support level, once a crucial foundation, has now transformed into a formidable resistance after being breached. This pivotal change underscores a shift in market sentiment, with traders now watching closely to see if Bitcoin can reclaim this level or face further downward pressure.  The […]

2024-6-23 23:00


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Bitcoin Slips Under $64,000: Here’s Where The Next Support Is

Bitcoin has continued its recent bearish trajectory during the past day as the asset’s price has now slipped under $64,000. Here’s what the next support looks like for BTC. Bitcoin Has Strong On-Chain Support Between $61,900 & $63,800 According to data from the market intelligence platform IntoTheBlock, BTC is floating just above a critical on-chain demand zone.

2024-6-23 02:00


Bitcoin Under Pressure Near $40K, Here Are 2 Reasons Why That Could Change Soon

Bitcoin remains rangebound in the high $30,000 to low $40,000 areas. The first crypto by market cap has seen its volatility reduce as several factors contribute to the slowdown across the sector. Related Reading | TA: Bitcoin Trims Gains, Support Turned Resistance At $41K At the time of writing, Bitcoin (BTC) trades at $40,500 with a 6% loss in the last 24-hours and a 1% profit over the past week.

2022-4-22 21:00