Is the Bitcoin rally losing steam at key Fibonacci resistance?

2025-4-23 21:20

Bitcoin is now at a pivotal turning point, trading into a dense cluster of technical resistance. While momentum has favored bulls recently, confluence with several high time frame metrics suggests this may be the setup for a deeper corrective phase.… origin »

Bitcoin (BTC) на Currencies.ru

$ 103243.06 (+0.16%)
Объем 24H $66.86b
Изменеия 24h: 1.06 %, 7d: 6.35 %
Cегодня L: $102377.69 - H: $104178.12
Капитализация $2050.666b Rank 1
Цена в час новости $ 93658 (10.23%)

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Bitcoin faces crucial resistance as submerged cohorts of hodlers affect market sentiment

Quick Take Information drawn from recent data analysis underscores the significant resistance that Bitcoin is encountering, with a price range from $26,419 up to $26,773. This resistance is critical because three different cohorts of average withdrawal prices are currently tagged as underwater, meaning that the current price is below the average price at which the […] The post Bitcoin faces crucial resistance as submerged cohorts of hodlers affect market sentiment appeared first on CryptoSlate.

2023-8-25 01:00