Bitcoin price initiated a new upward movement, surpassing the $100,000 threshold. BTC is experiencing an upward trajectory and could potentially target the $105,000 resistance level. Bitcoin initiated a significant upward movement beyond the $98,500 resistance threshold. The price is currently positioned above $100,500 and the 100-hourly Simple Moving Average. A new connecting bullish trend line … Read more
Bitcoin is experiencing a bearish trend as it falls beneath crucial support averages, raising concerns about the dominance of bearish sentiment. A recent post on X by Shaco AI indicates that Bitcoin is exhibiting signs of “stage fright” as it remains just below crucial short-term moving averages, suggesting a possible decline in momentum. At the time … Read more
Bitcoin is currently experiencing challenges due to weak fundamentals and macroeconomic volatility. However, its resilience around the $80,000 mark indicates a strong defense by long-term investors. Bitcoin (BTC) continues to face considerable challenges, citing weak fundamentals and ongoing macroeconomic instability as key factors contributing to the current pressure on the cryptocurrency. In the face of ongoing … Read more