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Bitcoin Price Pulls Back to Support—Breakdown or Bounce Ahead? Newsbtc 2 күн бұрын

Bitcoin Price Pulls Back to Support—Breakdown or Bounce Ahead? 📉

Bitcoin

Bitcoin price has begun another downward trend, falling below the $96,800 mark. The current focus is whether it will maintain support at approximately $95,500, as recovery attempts face resistance. A potential close above $98,000 may signal further upward movement.

Despite attempts to climb past critical resistance points at $99,000, Bitcoin failed to maintain momentum, retracing back down to form support at $95,200. Recovery is hindered by resistance lines at several price points, yet there's potential for gains if significant hurdles are cleared.

The scenario for Bitcoin's price shows key resistance levels at $97,000 and $98,000, while potential further losses could see the price targeting the $93,500 support level. Technical indicators are mixed, with MACD losing pace but RSI indicating potential upward momentum.

Дереккөз: www.newsbtc.com ↗

Ұқсас мақалалар (35)

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