2024-9-2 22:31 |
Traders could be waiting for Bitcoin to bounce off the $55,724 support opening positions in LTC, FET, MNT and AAVE.
Similar to Notcoin - Blum - Airdrops In 2024
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Bitcoin bears have pulled the price below the support of the range, starting a potential downtrend toward $49,000.
Bitcoin bulls are attempting to keep the price inside the current range, but BTC's growing weakness could eventually lead to new lows under $49,000.
Bitcoin’s fall below $60,000 signals near-term weakness, but longer-term investors continue withdrawing coins from exchanges, signaling a bullish outlook.
Bitcoin is finding it difficult to rise above the overhead moving averages, indicating that the bears are trying to flip the level into resistance.
Bitcoin bulls are trying to protect the $65,500 level, but if they fail, a drop to $62,000 is possible.
Bitcoin turned up sharply and broke above the overhead resistance, indicating the resumption of the upmove toward $70,000.