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Bitcoin Price Analysis: Will the $80K Support Level Hold BTC After Recent Rejection?

Bitcoin’s price was rejected this week, showcasing the insufficient bullish momentum in the market. Nevertheless, the asset faces a substantial support range at the $80K mark, which is expected to hold the price in the short term. Technical Analysis By Shayan The Daily Chart Bitcoin has recently experienced a notable rejection after briefly breaking above […]

Bitcoin Price Analysis: How Low Will BTC Drop This Week Following Loss of $80K

Bitcoin has broken below the key 200-day moving average of $83K, exhibiting a notable bearish sign. However, the price encounters buyers’ last defence line at $80K, with a potential breakout leading to a substantial decline toward $75K. Technical Analysis By Shayan The Daily Chart Bitcoin was rejected at the $92K resistance, triggering a strong sell-off […]

Will Bitcoin Drop Below $80K Before Reaching a New ATH? (BTC Price Analysis)

Bitcoin’s price has been consolidating in a tight range, giving no indication about whether it’s going to recover or experience a deeper correction. Figuring out whether there is an accumulation or a distribution happening would be key to determining the future direction of the market. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On […]

Bitcoin Price Analysis: How Likely is for BTC to Break Above $100K This Week?

Bitcoin is struggling to regain momentum, with its price action stagnating around the 100-day moving average. The current market structure suggests a pivotal moment, where a bullish rebound remains a strong possibility. Technical Analysis By Shayan The Daily Chart Bitcoin’s price has been consolidating near the crucial 100-day moving average at $96K, with sellers attempting […]

Bitcoin Price Analysis: What Lies Ahead on BTC’s Path to $120K?

Bitcoin’s price has been gradually rising over the past few weeks, paving its way toward a new record high, which arrived on Monday. However, it lost some momentum, and the question is what will happen next. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, the asset rebounded from the $92K […]

Bitcoin Price Analysis: BTC Could Challenge $100K Again If This Support Holds

Bitcoin’s price has been gradually declining over the past several days before finding some support at $94K. While the market has once again found support in a key area, the level could be broken to the downside soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset was recently […]

Bitcoin Price Analysis: BTC Breaks Above $100K, Is $120K Next?

Bitcoin’s price is on the verge of decisively breaking out from the $100K resistance level as investors are getting ready for a potential rally higher. Is a new all-time high on the horizon? Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has consistently been making higher highs and […]

Is Bitcoin Gearing for a Major Move to $65,000? (BTC Price Analysis)

Bitcoin’s price has recently experienced a decline following news of conflict in the Middle East. However, the market has seemingly found a footing. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart The daily chart shows that the price has recently broken below the $64K level and the 200-day moving average in the same area. […]

Bitcoin Price to Recover Soon? This Popular Indicator Gives Hints

The crypto market tumbled significantly as geopolitical tensions escalated after Iran launched missile strikes on Israel. Bitcoin, for one, dropped below $60,500 before staging a modest recovery. Despite this, demand from United States-based investors remains high, according to recent findings. Such a trend could provide Bitcoin with a respite from the bears. US Investor Demand […]

BTC Price Analysis: Is Bitcoin Targeting $70K in the Short Term?

Bitcoin’s price has broken post a key level recently and is seemingly targeting a new all-time high in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has finally broken above the $64K level and the 200-day moving average, which is located around the same mark. […]

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