Key points: Bitcoin is attempting to find support near the $94,500 level, signaling a positive sentiment. Buyers will have to defend the support levels in select major altcoins; else the recovery could fizzle out. Bitcoin’s (BTC) shallow pullback is attempting to find support near the $94,500 level, indicating a lack of aggressive selling by the…
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Key points: Bitcoin is showing considerable strength in the short term, opening the gates for a rally to $100,000 and then to $107,500. Select major altcoins are showing strength, but Monero (XMR) is leading from the front. After the sharp rally on Tuesday, Bitcoin (BTC) bulls are attempting to extend the gains above $97,000. The…
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Key points: Bitcoin could reach the $94,789 level, where the bears are expected to step in. Select major altcoins are showing strength, indicating that the recovery may continue for some more time. Bitcoin (BTC) bulls have pushed the price above $92,000, but higher levels may attract sellers. The net outflows of $1.37 billion from BTC…
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Key points: Bitcoin bulls will have to successfully defend the moving averages to increase the possibility of a break above $95,000. Most major altcoins have turned down from their overhead resistance levels, indicating that the bears are active at higher levels. Buyers are attempting to maintain Bitcoin (BTC) above the $90,000 level, but the bears…
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Key points: Bitcoin turned down from its overhead resistance but is expected to find support at the moving averages. Select major altcoins are facing selling near their overhead resistance levels, but the shallow pullback suggests the recovery may continue. Bitcoin (BTC) is under pressure as bears attempt to sustain the price below $91,500. BTC exchange-traded…
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Bitcoin and several major altcoins have continued their march higher, indicating improving investor sentiment and sustained demand from the bulls. Source link
Key points: Bitcoin is bearish in the short term and could plunge to $50,000 if the $74,508 level is breached. The short-term trend is likely to turn bullish above $100,000, opening the doors for a rally to $126,199. Bitcoin (BTC) began 2025 near $93,000, before plunging to $74,500 in April and then rallying to $126,199…
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Bitcoin could be getting ready for a rally toward $94,500, but higher levels are expected to attract selling by the bears. Source link
Bitcoin and several major altcoins are stumbling near their overhead resistance levels, indicating that the bears remain active at higher levels. Source link
Key points: Bitcoin’s failure to sustain above $90,000 indicates a negative sentiment, where rallies are being sold into. Several major altcoins threaten to break below their recent lows. Bitcoin (BTC) has dipped back below $87,000, indicating a lack of demand at higher levels. Glassnode said in a post on X that the 30-day simple moving…
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