Bitcoin price started a decent increase above the $56,500 resistance. BTC is now struggling to clear the $58,000 resistance and is consolidating gains. Bitcoin is attempting a fresh increase from the $52,500 support zone. The price is trading above $56,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming…
Read more
Bitcoin price started a decent increase above the $55,500 resistance. BTC is consolidating and might aim for more gains if it clears the $58,000 resistance. Bitcoin is rising from the $52,500 support zone. The price is trading above $55,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend…
Read more
Bitcoin price remained supported near the $52,500 zone. BTC is recovering losses and facing hurdles near the $55,200 and $55,500 levels. Bitcoin is struggling to recover above the $55,500 zone. The price is trading below $55,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $55,200…
Read more
Bitcoin price declined and retested the $55,600 support zone. BTC is now struggling and might face hurdles near the $57,000 resistance level. Bitcoin is struggling to recover above the $57,750 zone. The price is trading below $57,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at…
Read more
Bitcoin price started a consolidation phase near the $58,500 level. BTC must clear the $60,500 resistance to start a recovery wave in the near term. Bitcoin tested the $58,000 zone before there was a minor recovery. The price is trading below $62,000 and the 100 hourly Simple moving average. There is a major bearish trend…
Read more
Bitcoin price started a fresh decline and traded below $60,000. BTC is struggling and might continue to move down toward the $56,500 support. Bitcoin gained bearish momentum below the $62,000 support level. The price is trading below $62,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…
Read more
Bitcoin price started a downside correction from the $65,000 resistance zone. BTC could revisit $61,750 before it starts a fresh increase in the near term. Bitcoin failed to clear the $65,000 resistance zone and corrected gains. The price is trading below $63,500 and the 100 hourly Simple moving average. There was a break below a…
Read more
Bitcoin price gained pace and tested the $65,000 resistance. BTC must clear $65,000 to continue higher in the near term. Bitcoin started a steady increase above the $63,000 zone. The price is trading above $63,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $63,450 on…
Read more
Bitcoin price remains steady above the $60,000 zone. BTC is now consolidating gains, and the bulls could aim for a move above the $62,000 resistance zone. Bitcoin started a consolidation phase above the $60,000 zone. The price is trading above $59,500 and the 100 hourly Simple moving average. There is a key bullish trend line…
Read more
Bitcoin price started a fresh decline from the $60,000 resistance zone. BTC is now moving lower and might test the $57,650 support zone. Bitcoin started a fresh decline from the $60,000 resistance zone. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend…
Read more
