Bitcoin News
By Julie Binoche
1 / 15
Bitcoin Faces Resistance Near $105,000. Bitcoin’s price attempted a minor rebound after dipping below $100,000 earlier this week but…
2 / 15
Technical Outlook: Resistance Levels to Watch. The first key resistance sits at $104,000, followed by a stronger barrier near $105,000, which…
3 / 15
Downside Risk: Support Zones in Focus. If Bitcoin fails to break the $104,000 resistance, analysts expect another decline in the coming…
4 / 15
Broader Market Sentiment Weakens. The crypto market has been underperforming amid declining risk appetite and cautious macroeconomic…
5 / 15
Institutional Demand and ETF Flows Show Mixed Signals. Despite short-term bearish pressure, institutional flows into U.S.
6 / 15
Outlook: Bears Still Hold the Advantage. For now, Bitcoin’s short-term outlook remains bearish-to-neutral, with traders watching the…
7 / 15
Bitcoin (BTC) remains under pressure after failing to sustain above key resistance levels, signaling that the latest recovery attempt may lack conviction.
8 / 15
At press time, BTC trades below $104,000 and the 100-hour Simple Moving Average (SMA) — a sign that bearish momentum continues to dominate short-term price action.
9 / 15
Technical data shows that Bitcoin is struggling to recover from its recent decline, which started after the asset failed to hold the $105,000 support level.
10 / 15
The recent bounce above the 23.6% Fibonacci retracement level of the drop from the $111,000 swing high to the $98,900 low has not been enough to change the trend, as buyers…
11 / 15
The first key resistance sits at $104,000, followed by a stronger barrier near $105,000, which coincides with the 50% Fibonacci retracement level of the previous decline.
12 / 15
However, the overall market structure remains weak as long as Bitcoin trades below the $108,500–$108,800 range, which represents the next significant resistance cluster.
13 / 15
For now, the technical picture continues to suggest consolidation and a possible retest of lower levels unless the bulls manage to reclaim $105,000 on strong volume.
14 / 15
The $100,000 psychological level remains the most critical short-term support. A sustained break below this threshold could open the door for deeper losses toward $98,800, which…
15 / 15
Should bearish pressure intensify, the next major support zone lies near $97,500. Below that, analysts warn of a potential move toward $95,000 if sentiment continues to…
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