The Currency analytics
Bitcoin’s record-breaking rally has finally hit turbulence as the world’s largest cryptocurrency slid back toward the $100,000 mark. After weeks of strong gain…
Bitcoin began the week under renewed selling pressure, failing to hold above the crucial $105,500 support level. The drop triggered a wave of profit-taking and…
Data from Kraken shows that BTC touched an intraday low of $98,900 before stabilizing near the $100,000 area. The recent dip marks one of Bitcoin’s steepest in…
The technical outlook now shows that Bitcoin is trading below both $104,000 and the 100-hour Simple Moving Average, signaling a short-term bearish trend. Analy…
According to chart analysis, the 23.6% Fibonacci retracement level of the move from the $111,000 swing high to the $98,900 low lies around $102,000 — a zone wh…
If buyers manage to push the price higher, the first major resistance sits near $103,500, followed by $105,000, which coincides with the 50% Fibonacci retracem…