2019-4-16 17:28 |
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Bitcoin price in Telegram @btc_price_every_hour
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Bitcoin price has bounced from key support near $60,000, but weakening volume and growing resistance overhead are raising concerns that the move may be a bull trap rather than a sustainable recovery.
Solana price has rebounded from key support, but weak volume and heavy resistance overhead raise the risk that the current rally is only a temporary dead cat bounce.
XRP price remains vulnerable to further downside as unresolved single-print imbalances continue to exert technical pressure toward the $0.50 support zone.
Bitcoin price has rebounded from a critical multi-year channel support near $62,500, raising the question of whether a high-timeframe bottom may be forming.
U.S. markets edged lower as a sharp selloff in cryptocurrencies spilled into software and commodity names, with Bitcoin sliding 9% to around $66,000—its lowest level since October 2024.
Ethereum price remains under bearish pressure, with price rotating lower within a high-timeframe range and downside risk building toward the $900 support zone.
Binance price is approaching the $615 support zone as oversold conditions intensify, placing price at a critical technical inflection point.