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Bitcoin Price Recovery Loses Steam: Are More Losses Ahead? Newsbtc vor 1 Woche

Bitcoin Price Recovery Loses Steam: Are More Losses Ahead? 📉

Bitcoin

Bitcoin's price is experiencing a downturn, dropping below the $100,500 level, and potentially heading for the $95,000 mark. The price fell under $98,800, with a bearish trend line forming resistance at $98,000 on the BTC/USD pair chart.

Despite attempts to rise above $102,500, Bitcoin faced declines beneath $99,500. Significant resistance exists at $98,000 and then at $99,500. A successful upward move may push the price beyond $100,000 and possibly further to $103,500.

However, another decline is possible if Bitcoin remains below $98,000, with immediate support at $96,500, and more substantial support at $95,000 and $93,700.

Quelle: www.newsbtc.com ↗

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