Bitcoin Bounces Back – Could Current Recovery Trigger Fresh Bullish Momentum?

Bitcoin price found support near $108,680 and started a recovery wave. BTC is trading above $111,000 and facing hurdles near $112,500. Bitcoin started a fresh recovery wave above the $110,500 zone. The price is trading above $110,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with… Continue reading Bitcoin Bounces Back – Could Current Recovery Trigger Fresh Bullish Momentum?

Bitcoin Price Retreats Lower Again – Is This Just a Healthy Dip?

Bitcoin price failed to extend gains above $117,750. BTC is now moving lower and might even test the $113,200 support zone. Bitcoin started a fresh decline below the $115,500 zone. The price is trading below $115,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $115,200… Continue reading Bitcoin Price Retreats Lower Again – Is This Just a Healthy Dip?

Bitcoin Consolidates Gains – Is a Bigger Move Coming Next?

Bitcoin price is showing positive signs above $115,000. BTC is now consolidating and might rise further if it clears the $116,500 resistance zone. Bitcoin started a fresh increase above the $115,000 zone. The price is trading near $115,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at… Continue reading Bitcoin Consolidates Gains – Is a Bigger Move Coming Next?

Bitcoin Price Weakens – Fresh Downside Risk If Bulls Fail Soon

Bitcoin price is struggling to recover above $111,500. BTC is now consolidating and might decline if there is a move below the $110,000 level. Bitcoin started a recovery wave above the $110,500 zone. The price is trading below $111,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support… Continue reading Bitcoin Price Weakens – Fresh Downside Risk If Bulls Fail Soon

Bitcoin Price Warning: Is a Major Sell-Off Coming Next?

Bitcoin price is showing bearish signs below $112,000. BTC is struggling to recover and might start another decline below the $108,000 zone. Bitcoin started a fresh decline below the $112,550 zone. The price is trading below $111,000 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support… Continue reading Bitcoin Price Warning: Is a Major Sell-Off Coming Next?

Bitcoin Price Declines Further, Can Buyers Prevent Another Sharp Drop?

Bitcoin price is attempting to recover from $110,650. BTC is back above $112,200 but faces many hurdles on the way up to $115,000. Bitcoin started a recovery wave above the $112,000 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance… Continue reading Bitcoin Price Declines Further, Can Buyers Prevent Another Sharp Drop?

Bitcoin Price Extends Losses, Can Buyers Prevent a Major Breakdown?

Bitcoin price is trimming gains and trading below $120,000. BTC is now showing some bearish signs and might decline below $115,500 zone. Bitcoin started a downside correction below the $120,000 zone. The price is trading below $118,000 and the 100 hourly Simple moving average. There was a break below a key declining channel with support… Continue reading Bitcoin Price Extends Losses, Can Buyers Prevent a Major Breakdown?

Bitcoin Price Gears Up for Fresh Rally After Tight Range?

Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the $120,500 resistance zone to gain bullish momentum in the near term. Bitcoin started a fresh increase after it cleared the $118,500 zone. The price is trading above $118,500 and the 100 hourly Simple moving average. There was a break above… Continue reading Bitcoin Price Gears Up for Fresh Rally After Tight Range?

Bitcoin Price Sets Up for Another Move—Can the Bulls Seal the Deal?

Bitcoin price is eyeing a fresh increase above the $118,000 resistance. BTC must clear the $120,000 resistance zone to continue higher in the near term. Bitcoin started a fresh increase after it cleared the $118,000 zone. The price is trading above $118,500 and the 100 hourly Simple moving average. There was a break above a… Continue reading Bitcoin Price Sets Up for Another Move—Can the Bulls Seal the Deal?

Bitcoin Price Consolidates—Is a Downside Correction on the Horizon?

Bitcoin price is consolidating gains below the $118,000 resistance. BTC could start a downside correction if it breaks the $116,200 support zone. Bitcoin started a fresh decline after it failed to clear the $120,000 zone. The price is trading below $118,000 and the 100 hourly Simple moving average. There is a bearish trend line forming… Continue reading Bitcoin Price Consolidates—Is a Downside Correction on the Horizon?