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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The cryptocurrency market witnessed pockets of outperformance from select altcoins in 2025, but a broad-based altcoin rally failed to materialize. According to CoinMarketCap data, Bitcoin (BTC) did not breach its yearly low dominance of 55.5% hit on Jan. 5, 2025, signaling that traders did not abandon BTC and rush into altcoins. Glassnode said in a…
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Bitcoin and select altcoins are attempting to start a recovery, but higher levels are expected to attract strong selling by the bears. Source link
Key points: Bitcoin is attempting a recovery from the $84,000 level, but the bears continue to sell on rallies. Several major altcoins are struggling to start a recovery, but Bitcoin Cash looks strong in the near term. Bitcoin (BTC) rose above $89,000 after the Bank of Japan (BoJ) hiked its rates to around 0.75% on…
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Key points: Bitcoin failed to hold above $90,000, indicating a lack of demand at higher levels. Several major altcoins started a recovery, but the higher levels attracted solid selling pressure from the bears. Bitcoin (BTC) bulls pushed the price above $90,000 on Wednesday, but higher levels attracted selling by the bears. Spot BTC exchange-traded funds…
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Key points: Bitcoin attempted a recovery on Monday, but renewed selling pressure threatens to pull the price to $84,000. Several altcoins are attempting to hold above their support levels, but the bounce lacks strength. Bitcoin (BTC) attempted a recovery on Monday, but the bears continue to exert pressure. Trader CrypNuevo said in a thread on…
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Key points: The failure of the bulls to maintain Bitcoin above $94,050 has renewed selling, opening the doors for a fall to $87,700 and then to $84,000. Most major altcoins remain under pressure and are threatening to challenge their recent lows. Bitcoin (BTC) is stuck inside a narrow range between $94,588 and $89,260, indicating indecision…
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