Bitcoin Keeps Slipping Down: Is $107,000 The Next Support?
On-chain data shows Bitcoin is fast approaching the cost basis of the short-term holders, a retest of which could potentially change the asset’s course. Bitcoin Is Nearing The Short-Term Holder Realized Price As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, Bitcoin could be closing in on the Realized Price of the short-term holders. The Realized Price here refers to an on-chain indicator that measures the cost basis of the average investor or address on the BTC network. Related Reading: Bitcoin Dives As On-Chain Data Shows Every Cohort Now Selling When the....
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Bitcoin price looks to be slipping from $600 and 4,000 CNY in some exchanges exchanges. Failure to hold this critical level opens the possibility of another corrective wave of decline. Price is grappling with support and resistance at $600 and 4,000 CNY across exchanges. In the 4hr chart we see that price had recently used the 200MA (red) as support. Yet, RSI had advanced too far too soon and formed reverse divergence to an RSI peak from 2 weeks ago (magenta). Price is, hence, forced into correction. The pale magenta trendlines above and below price imply a consolidation range that should....
Bitcoin prices reclaimed $30,000, a psychological support level, hours after slipping below it during the New York session Wednesday.
Dogecoin’s price has struggled to reclaim the $0.20 level, with the meme coin slipping below this key threshold in recent trading sessions. After a brief attempt to push higher, Dogecoin has found itself consolidating close to $0.17, which is an important support level. According to crypto analyst Ali Martinez, holding this level could be the […]
Bitcoin price appears to be slipping from yesterday's high as the market starts taking profit. If trade can hold price above $260 and 1620 CNY for only a few more days, a bullish cross-over in the daily chart will shift the bias in favor of the bulls. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 05h15 UTC. Bitstamp 1-Hour Chart. From the analysis pages of xbt.social, earlier today: Price has returned to test the critical $261 / 1620....
Bitcoin is currently in a consolidation phase after enduring weeks of selling pressure and heightened volatility. Despite struggling to break above the $90K level, BTC continues to hold strong above the $80K–$81K zone—a crucial support range that has kept the broader market from slipping into deeper losses. However, macroeconomic tensions persist, with the ongoing trade […]