Bitcoin Set For Critical Price Resistance Encounter – Analyst
📈
Bitcoin has maintained an impressive recovery following an earlier dip to below $50,000. Affected by global financial market declines and fears of a US recession, it lost over 16% of its market value. Now near $60,000, experts outline conditions for sustaining this positive trend.
An analyst on Cryptoquant highlighted Bitcoin's Short Term Holder Spent Output Profit Ratio (STH SOPR), which indicates market profitability. Currently, STH SOPR is above 1, meaning short-term holders are in profit. However, resistance is predicted at 1.03 SOPR, which might trigger selling and downward pressure.
With Bitcoin trading at $60,639 with a 1.01% daily gain, trading volume has decreased by 4.35%. Historical data places major resistance between $67,000 and $70,000 if upward momentum continues, with viable support at $55,000 if it declines.
Quelle: www.newsbtc.com ↗
Ähnliche Artikel (110)
Bitcoin at a ‘pivotal juncture,’ $60K not out of the picture — Analyst
Bitcoin must reach a 'higher high' to confirm uptrend after dip below $58K
Bitcoin must reach a ‘higher high’ to confirm uptrend after dip below $58K
Bitcoin heads to the moon — Watch these BTC price levels next from $75K
Watch these BTC price levels as Bitcoin taps $64K
Bitcoin short-term holders will be ‘seriously tested’ if BTC loses $61.6K — Analyst
Bitcoin Price Tests $60,225 Support: Will Bulls Push to $65,000?
Watch these 3 BTC price levels if Bitcoin breaks below $55K
Watch these 3 BTC price levels if Bitcoin breaks below $55K
Bitcoin heads to the moon — Watch these BTC price levels next from $75K
Bitcoin short-term holders will be ‘seriously tested’ if BTC loses $61.6K — Analyst
Bitcoin Price Analysis: Will $62,000 Support Hold Amid $4.4B Government Sale and SEC Lawsuit?
Bitcoin heads to the moon — Watch these BTC price levels next from $75K
How low can the Bitcoin price go?
Bitcoin’s drop below $62K shows BTC price remains on ‘delicate ground’
Bitcoin analyst sees $66K 'local bottom' as BTC price liquidates $200M
Bitcoin’s drop below $62K shows BTC price remains on ‘delicate ground’
Bitcoin short-term holders will be ‘seriously tested’ if BTC loses $61.6K — Analyst
Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K
BTC price support at $62K must hold if Bitcoin bears step in — Traders
Bitcoin analyst sees $66K 'local bottom' as BTC price liquidates $200M
Bitcoin at ‘pivotal juncture,’ $60K not out of the picture — Analyst
Bitcoin short-term holders will be ‘seriously tested’ if BTC loses $61.6K — Analyst
Bitcoin Is Nearing Key Support Levels, But Analysts Advise Caution
Watch these BTC price levels as Bitcoin taps $64K
Bitcoin at “Make or Break Moment” as $46K Support Comes Under Scrutiny: ARK
Bitcoin Holds Onto Rate Cut Gains, But Analysts Say $60,000 Is Still a Critical Battleground
Bitcoin 'make or break moment' hangs on $46K BTC price support — Research
Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst
Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide
Bitcoin (BTC) down, but certainly not out
Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC’s Next Move
Battleground At $60,000: Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support
Bitcoin ‘Must Do This Now’, Says Crypto Analyst
Bitcoin (BTC) still holding critical support - why it will recover
These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals
Bitcoin Analyst: 4 Crucial Support Levels To Watch If BTC Falls
Bitcoin (BTC) last support before the plunge
Bitcoin (BTC) holding support - up from here?
Will Bitcoin Break Through $70k? Short-Term Holders’ Buy Price Holds The Key
Bitcoin (BTC) at critical juncture - bounce or rejection?
Bitcoin Recovery Path To $60,000: Analyst Reveals Why $55,881 Is Important
Critical Moment For Bitcoin: Analyst Reveals Key Psychological Turning Point
Bitcoin Failed Attempt To Break $64,000 Could Lead To A Disaster – Analyst
Bitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?
Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next
Analyst Reveals Bitcoin Key Support Levels For Reaccumulation – Details
Bitcoin On-Chain Indicator Signals Panic Selling At Current Levels – Time To HODL?
Bitcoin’s Bull Rally Hinges On $57K Support Level—Here’s Why It Matters
Bitcoin May Slide To $65,000 As Critical Support Level Fails – Details
Bitcoin At Risk Of Deeper Correction – Could A $65,000 Retest Be Imminent?
Bitcoin To Remain Under Pressure Until Bulls Break This Crucial Level
Bitcoin Price Rally Shows Signs Of Correction, Will Key Support Levels Hold?
Bitcoin’s Battle: Key Levels for Bull Market Support Band
Bitcoin (BTC) At “Psychological Turning Point”, History Shows What Comes Next
Bitcoin at $56K – Here’s what can trigger BTC’s next bull run
Bitcoin (BTC) Retests $57,000: Final Pullback Before All-Out Rally
Analysts Explained! Bitcoin (BTC) Investors Should Follow This Level and These Events for an Increase!
Bitcoin Price Prediction: Is Breaking Past $57,000 the Key to Reaching New All-Time Highs?
Examining why Bitcoin’s $63,000-level is key to avoiding the next sell-off
Bitcoin Approaches Crucial Support: Here’s Why Holding $56,000 is Extremely Important for the BTC Price Rally
Experienced Analyst Announces Level That Could Start Bullishness in Bitcoin, Warns Against Short-Term Decline!
Will Bitcoin's Rise Continue? According to Analyst, This Level Is The Key Point For The Rise!
Bitcoin Rejected at $64K, So What Happens Now? Analysts Announce Risky Levels for BTC, Share Their Expectations!
Analytics Firm Reveals Critical Level Bitcoin Needs to Hold For Bullish Sentiment to Continue
Bitcoin Price Analysis: Why $66K Level Is Important To BTC
Bitcoin Hangs on Critical Support: Will BTC Price Rise to $66,000 or Face a Rejection to $60,000?
Bitcoin Fails to Surpass Key Resistance, Analysts Claim Bearish Outlook Holds
Bitcoin: Why $55,355 support is key for BTC in October
Bitcoin Price Prediction: What a Dip Below $60,000 Could Indicate Now?
Bitcoin’s potential bounce: Will $63K support lead to BTC’s rally?
Top Analyst Says Bitcoin Avoided Major Breakdown Despite Liquidations; Outlines Path to $50K
Bitcoin Price Prediction: Short-Term Bounce Ahead, But $56K Dip Threatens Larger Rally
Will Bitcoin hold $60K support or fall back to $57K? Indicators suggest…
Bitcoin at key psychological level: Will BTC’s history trigger a rally?
Bitcoin Started the Week with a Drop! How Much More Can BTC Fall? Famous Analysis Company Announces Critical Level to Follow!
Why $58,400 is Crucial for Bitcoin and How It Could Pave the Way to $100,000
Bitcoin Price in Critical Range: Break Above $61K Could Test ATH
BTC Price Today: The $63.25K Level That Could Spark a Bitcoin Sell-Off!
Bitcoin Must Reclaim This Level or $48,000 Looms
Will Bitcoin break $67K for a rally or stay below $60K?
Experienced Analyst Gave the Critical Level in Bitcoin: “If This Level Is Broken, It Points To $31,500”
Bitcoin Price Analysis: Bullish, Bearish and Neutral Scenarios Explained
Bitcoin Technical Analysis: Bearish Momentum Meets Critical Support
Bitcoin Price Prediction: Choppy Price Action Expected for Two Weeks, $68K To Become a Key Support Level Next
Bitcoin: Why $61K is a crucial battle zone for BTC
Is Bitcoin (BTC) Price Heading for $70K Breakout or $40K Crash?
Is Bitcoin’s End Game Near? Bears Flirt with $60K as More Downside Looms in Coming Weeks
Bitcoin holders on edge: Analysts point to THESE key levels to monitor
Analysts Highlight Key Bitcoin Price Levels
Analysts Predict Bitcoin Bears Face Critical Resistance at $64,000
Bitcoin Shows Signs of Falling Below Critical Range
Analyst Warns of Significant Bitcoin Selling Pressure
Bitcoin Faces Critical Support Level
Market Analysts Predict Bitcoin Price Movements as It Faces Support Levels
CryptoQuant Highlights Bitcoin’s Recent Surge and Key Levels for Short-Term Traders
Bitcoin Price Analysis: Key Support Levels to Watch as Market Consolidates Below 200-Day Moving Average
Exploring the Possibility of a Bitcoin Bounce: Navigating Potential Shakeouts and Key Support Levels
Bitcoin’s Next Move: Critical Price Levels Identified by CryptoQuant Analyst
Bitcoin Price Predictions: What Happens if BTC Breaks $73,777 or Falls Below $70,000?
Bitcoin Nears Crucial Retest: Could Support Levels Signal a Shift in Momentum?
Bitcoin Price at Critical $56,800 Level: Rebound or Further Decline Ahead?
Bitcoin Eyes Crucial Support Levels as Price Rebounds from Ten-Day Lows After Major Retracement
Bitcoin Could Ignite a Bull Run if it Breaks Past Critical $61,500 Resistance, Analyst Says
Bitcoin’s Key Liquidation Levels: Can BTC Break $63,000 or Fall Below $61,000?
Analyst Predicts Bitcoin (BTC) Surge if Crucial $54,000 Support Level Holds
Bitcoin Price Analysis: Key Levels to Watch as BTC Faces Resistance at $65,103
Bitcoin Struggles Below Bull Market Support, Analysts Predict Volatility Explosion
Bitcoin Faces Potential Correction if Crucial Support Level Fails, Warns Analyst Ali Martinez
Bitcoin Drops 4% From Daily High, Experts Eye Support at $57.2K-$57.4K
