Bitcoin Price Cracks $80K Support—Is a Deeper Correction Coming?

Bitcoin price started a fresh decline from the $90,000 zone. BTC is back below $82,500 and might continue to move down below $78,000. Bitcoin started a fresh decline below the $82,000 zone. The price is trading below $80,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance… Continue reading Bitcoin Price Cracks $80K Support—Is a Deeper Correction Coming?

Bitcoin Price Dives Once More—Is a Deeper Correction Underway?

Bitcoin price started a fresh decline from the $92,000 zone. BTC is back below $85,500 and might continue to move down below $80,000. Bitcoin started a fresh decline below the $85,000 zone. The price is trading below $85,000 and the 100 hourly Simple moving average. There is a short-term bearish trend line forming with resistance… Continue reading Bitcoin Price Dives Once More—Is a Deeper Correction Underway?

Bitcoin Price In Limbo—Consolidating Below $92K Ahead of Next Move

Bitcoin price started a recovery wave from the $85,000 zone. BTC is back above $87,500 and might struggle to clear the $92,000 resistance zone. Bitcoin started a fresh upward move from the $85,000 zone. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming with… Continue reading Bitcoin Price In Limbo—Consolidating Below $92K Ahead of Next Move

Bitcoin Price Holds Steady After Drop—Is a Rebound Coming?

Bitcoin price started a fresh decline below the $90,000 zone. BTC is back below $88,500 and might struggle to regain bullish momentum. Bitcoin started a fresh decline below the $92,000 zone. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at… Continue reading Bitcoin Price Holds Steady After Drop—Is a Rebound Coming?

Bitcoin Price Retreats—Key Support Levels in Focus After Reversal

Bitcoin price started a fresh decline from the $95,000 resistance zone. BTC is back below $90,000 and might continue to move down. Bitcoin started a fresh decline from the $95,000 resistance zone. The price is trading below $92,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line… Continue reading Bitcoin Price Retreats—Key Support Levels in Focus After Reversal

Crypto Comeback: Bitcoin Surges with Positive Bias Toward Key Levels

Bitcoin price started a fresh increase from the $78,000 support zone. BTC must clear $95,000 to continue higher in the near term. Bitcoin started a fresh increase above the $90,000 resistance zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support… Continue reading Crypto Comeback: Bitcoin Surges with Positive Bias Toward Key Levels

Market Jitters: Bitcoin Dives, $80K Breakout in Jeopardy

Bitcoin price started a fresh decline below the $85,000 support. BTC must stay above the $80,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $86,500 zone. The price is trading below $82,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming… Continue reading Market Jitters: Bitcoin Dives, $80K Breakout in Jeopardy

Bitcoin Price Takes a Hit—Is This Just the Beginning?

Bitcoin price started a fresh decline below the $90,000 support. BTC must stay above the $86,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $95,500 zone. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a short-term triangle forming with resistance… Continue reading Bitcoin Price Takes a Hit—Is This Just the Beginning?

Bitcoin Price Breakout Dreams Crushed Again—What’s Next?

Bitcoin price failed to gain pace for a move above the $100,000 zone. BTC again declined and is currently consolidating near the $96,000 zone. Bitcoin started a fresh decline from the $99,500 zone. The price is trading below $97,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with… Continue reading Bitcoin Price Breakout Dreams Crushed Again—What’s Next?

Bitcoin Price Recovers Strongly—Is a New Rally Beginning?

Bitcoin price started a recovery wave above the $96,500 zone. BTC is rising and might aim for a move above the $98,800 resistance zone. Bitcoin started a decent recovery wave above the $96,500 zone. The price is trading above $97,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming… Continue reading Bitcoin Price Recovers Strongly—Is a New Rally Beginning?