-
Bitcoin Faces Resistance at $65,000: Short-Term Traders to Break Even, Highly Leveraged Shorts at Risk
Bitcoin Faces Resistance at $65,000: Short-Term Traders to Break Even, Highly Leveraged Shorts at RiskBitcoins price is attempting to recover from its June slump, but on-chain data suggests it may face resistance around the $65,000 level. While historical data shows Bitcoin usually exhibits a strong rebound in July, technical analysis and on-chain metrics indicate any rally this month could be capped by selling pressure at the $65,000 mark
-
Bitcoin Nears Crucial Resistance, Test Awaits
Bitcoin Nears Crucial Resistance, Test AwaitsBitcoin (BTC), the world's largest cryptocurrency by market capitalization, is at a critical juncture. Its price is currently approaching key resistance levels, with heightened market speculation as traders and investors closely monitor its future trajectory
-
Bitcoin price hovers, $59,500 level proves to be a key resistance
Bitcoin price hovers, $59,500 level proves to be a key resistanceIntroductionRecently, Bitcoin's failure to sustain gains after breaking through the $59,500 level has sparked concerns about its future trajectory. Although BTC rebounded above $57,500 and even surpassed $58,500, bearish forces have displayed strength near the $59,500 resistance zone, leading to a retracement in the Bitcoin price
-
Ethereum Price Analysis: Breaking Key Resistance, Heading for a New Uptrend?
Ethereum Price Analysis: Breaking Key Resistance, Heading for a New Uptrend?Ethereum (ETH) price has shown a strong recovery in recent weeks, attempting to break through the key resistance area at $3,400, opening up a new wave of upward momentum. This article will delve into the price movement of Ethereum and explore the possibilities of its future trajectory
-
Ethereum Price Analysis: ETH Breaks $3,550, Can It Overcome $3,680 Resistance?
Ethereum Price Analysis: ETH Breaks $3,550, Can It Overcome $3,680 Resistance?Ethereum (ETH) price has shown positive signs recently, breaking through the $3,550 resistance zone and returning to an uptrend. This breakout offers the possibility of further price gains in the near term, but for a sustained rise, ETH must overcome the key resistance level of $3,680
-
Bitcoin Price Shows Signs of Strength Above $68,500 Resistance Level
Bitcoin price recently surged higher and broke the $68,500 resistance level. This move suggests that the market may be in a recovery phase, however, it remains to be seen whether bitcoin will be able to sustain the upswing
-
Bitcoin and Ethereum Prices Surge, Breaking Key Resistance
On April 8, the cryptocurrency market witnessed a strong rally as Bitcoin and Ethereum prices climbed significantly. Bitcoin's price broke through the $71,000 mark, hitting its highest level since April 1, with an intraday gain of 2
-
Bitcoin Price Consolidates Above $70,000 Resistance Zone, Preparing for Next Move
Bitcoin Price Consolidates Above $70,000 Resistance Zone, Preparing for Next MoveIntroductionOn April 1, the Bitcoin price surged above the $70,000 resistance zone, indicating a bullish sentiment among traders. However, BTC could consolidate within this range for a period before attempting a push towards $75,000
-
Bitcoin Price Consolidates Above $70K Resistance Zone, Waiting for Breakout
Bitcoin settled above the $70,000 resistance zone on the first day of April. BTC is likely to remain in a range for some time before the bulls attempt a move towards $75,000
-
Bitcoin (BTC) Breaks through Key Resistance Levels: Technology Outlook for November
Bitcoin(BTC) shows a bullish stance when breaking through important trend channels.The optimistic trading volume balance indicates that investors' confidence in this encryption giant is constantly increasing
-
The Bitcoin bull market triangle has broken through, breaking through upward resistance in one fell swoop, and the market is once again rising!
Bitcoin is currently in a sideways market, entering a bull market triangle. This pattern usually means that the market is about to experience an upward or downward breakthrough, which may occur later on Friday or early on Saturday
-
After testing the resistance level of $35000, what will happen to Bitcoin (BTC) next?
Bitcoin, the king of cryptocurrencies, reached $35000 a few minutes ago, but quickly fell back to $34900. Although the selling pressure in the resistance zone prevented the area from being breached, it is important that this critical area be tested for the second time in two days