2020-1-26 11:41 |
China is still impacting Bitcoin, according to analysts, as price action turns negative in the wake of coronavirus and new year celebrations.
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Bitcoin price saw a slight dip and sat near $91,300 at the time of writing. Gains on Tuesday followed bullish news from the MSCI. Will BTC bounce to reclaim $94,000, or will another rejection push prices under $90,000? Bitcoin slipped to below $91,000 after hitting a fresh rejection near the $95,000 resistance level.
The Bitcoin price rose to above $90,200 on Monday. Bulls failed to hold onto gains, and the price dropped to $86,717. Bulls are looking to strengthen as analysts point to continued. It’s been a difficult last few weeks of 2025 for crypto, and Bitcoin (BTC) showed that this will likely continue into early 2026 as […] The post Bitcoin price consolidates near $87K as downside risk persist appeared first on CoinJournal.
Key takeaways BTC is up by less than 1% and is now trading above $87k. It could surge towards $90k as bullish momentum builds. Bitcoin tops $87k despite poor institutional demand BTC, the leading cryptocurrency by market cap, is trading above the $87k level after adding less than 1% to its value in the last […] The post Bitcoin reclaims $87k, eyes $90k resistance level: Check forecast appeared first on CoinJournal.
The Bitcoin price has struggled since dipping from the psychological level of $90,000. There’s risk for a potential bearish extension below $87,000 as risk assets waver. BTC price could dip to $85,000 or lower if bears take control.
Bitcoin price bounced to around $89,577 to recoup key support levels. With the upbeat reaction to recent selling, bulls are signaling a potential breakout. However, macroeconomic conditions point to Bitcoin facing a key resistance at $90,000-$95,000.
Key takeaways BTC is up by less than 1% and is trading above $87k. The market is preparing for the CPI data release in a few hours. Bitcoin trades above $87k The cryptocurrency market has been choppy since the start of the week, with most coins and tokens currently trading in the red.
Key takeaways BTC is trading at $89k after losing less than 1% of its value in the last 24 hours. The leading cryptocurrency could top the $90k resistance level in the near term. BTC trades below $90k The cryptocurrency market has opened the new weekly candle bearish, with Bitcoin and other major cryptocurrencies currently in […] The post Will Bitcoin overcome the $90k resistance? Check forecast appeared first on CoinJournal.