Why $50,000 Will Fail As Support For Bitcoin (BTC)?

In a recent technical analysis, renowned crypto expert Alan Santana delves into Bitcoin’s price action, shedding light on the cryptocurrency’s current market structure, key support levels, and potential downside risks.

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Bitcoin Could Plunge To $30,200 If This Level Is Lost: Analyst

On-chain data suggests the next major Bitcoin support level could be at $30,200 if the level pointed out by this analyst is lost. Bitcoin Currently Has Support Levels At $36,400 And $34,300 In a new post on X, analyst Ali has discussed how the various support levels of BTC are looking like right now from an on-chain perspective.

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Bitcoin Cash Price Prediction: This Support Could Trigger Fresh BCH Rally

Bitcoin Cash price is holding the key $205 support against the US Dollar. BCH could start a fresh increase if it stays above the $205 and $200 support levels. Bitcoin cash price started a fresh decline below the $230 level against the US Dollar.

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Bitcoin Price Revisits Key Support, Can Bulls Save The Day?

Bitcoin price declined and retested the $26,500 support. BTC must stay above the $26,500 support to avoid more losses in the coming sessions. Bitcoin started another decline and retested the $26,500 support.

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Bitcoin loses $21k support and sheds 5% in 24H trading

Bitcoin has lost crucial support at the $21,000 level as market volatility has continued after the collapse of Silvergate. The post Bitcoin loses $21k support and sheds 5% in 24H trading appeared first on CryptoSlate.

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Bitcoin Price Dips As Dollar Rips, Key Support Nearby

Bitcoin price is correcting gains below the $23,250 zone. BTC must stay above the $22,500 support to avoid a major drop in the coming sessions. Bitcoin is correcting gains below the $23,250 support zone.

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TA: Bitcoin Price Turns Red as Bears Take Over Crypto Market

Bitcoin is showing bearish signs below the $20,000 support zone against the US Dollar. BTC could accelerate further lower below the $19,500 support zone. Bitcoin started a fresh decline and traded below the $20,000 support.

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Bitcoin (BTC) Reclaims $21,000 Support Area After Falling From $24,000

Bitcoin (BTC) has reclaimed a short-term support level after deviating below it. Reclaiming this support is crucial for the continuation of the upward movement. The post Bitcoin (BTC) Reclaims $21,000 Support Area After Falling From $24,000 appeared first on BeInCrypto.

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Bitcoin (BTC) Hovers Above Long-Term Horizontal Support

Bitcoin (BTC) is in the process of creating a bullish pattern above the $19,200 support area. The pattern is also combined with bullish divergence in the RSI. The post Bitcoin (BTC) Hovers Above Long-Term Horizontal Support appeared first on BeInCrypto.

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TA: Bitcoin Drops 20%, Why The Bulls Must Protect $20K

Bitcoin extended its decline below the $25,000 support against the US Dollar. BTC is down 20% and approaching the key $20,000 support zone. Bitcoin extended its decline below the $23,500 and $22,500 support levels.

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Bitcoin Bounces From $37K Support; Resistance at $40K-$43K

Bitcoin (BTC) held support at $37,500, although upside momentum is slowing. Buyers will need to keep price elevated above $40K in order to sustain a recovery.

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TA: Bitcoin Prints Bearish Pattern, Why BTC Could Drop To $42K

Bitcoin extended decline below the $45,000 support against the US Dollar. BTC remains at a risk of a move towards the $42,000 support zone. Bitcoin gained bearish momentum after it broke the $45,000 support zone.

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TA: Bitcoin Breaks Key Support, Why BTC Could Extend Losses

Bitcoin failed to stay above the $46,000 support against the US Dollar. BTC is sliding and might even test the $43,200 support zone. Bitcoin is down over 4% and there was a move below the $46,000 support.

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Bitcoin Extends Pullback Toward $37K-$40K Support Zone

Bitcoin (BTC) continues to decline from key resistance levels, indicating a loss of short-term momentum. Support around $37K-$40K remains intact, which could stabilize the down move. On the weekly chart, conditions are still neutral, benefitting short-term trades.

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Bitcoin Art Collection Launched To Support Aarika Rhodes’ Campaign

Bitcoin marketplace Scarce City launched a collection of Bitcoin-tokenized T-shirts to support Rhodes’ congressional campaign.

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TA: Bitcoin Holds Support, Indicators Suggest Fresh Increase to $52K

Bitcoin remained well bid above the $49,000 support against the US Dollar. BTC could start a fresh increase if it clears the $50,800 resistance zone. Bitcoin is showing a few positive signs above the $49,000 support zone.

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Bitcoin (BTC) Continues Hovering Above $63,500 Support

Bitcoin (BTC) is holding on above a horizontal and diagonal support area, a breakdown from which could trigger a very sharp downward movement. The post Bitcoin (BTC) Continues Hovering Above $63,500 Support appeared first on BeInCrypto.

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TA: Bitcoin Breaks Key Support, Why BTC Could Revisit $40K

Bitcoin price failed to stay above the key $45,000 support zone against the US Dollar. BTC is showing a few bearish signs and it could correct lower to $40k. Bitcoin extended its decline below the $45,500 and $45,000 support levels.

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Bitcoin (BTC) Searches for Support After Breakdown

Bitcoin (BTC) has been moving downwards since reaching a high of $42,599 on Aug 2 and has broken down from an ascending support line.  The post Bitcoin (BTC) Searches for Support After Breakdown appeared first on BeInCrypto.

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Bitcoin Comes Close to Breaking Below $30,000 Support as Bearish Sentiment Kicks Into High Gear

Bitcoin bears keep ruling the roost, with the $30,000 support level becoming increasingly fragile

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Bull Signal From Bitcoin Bottom Is Best Hope Yet For Continuation

Bitcoin price continues to struggle to regain any type of bullish momentum, and keeps grinding at repeatedly tested support. In the past, when this happens, the support ultimately breaks down and a cascade of liquidations begin.

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This is the way things stand for Bitcoin: $30k support goes bust

Bitcoin lost support at $30,000 and was trading at $29,552. Since the weekend, the digital asset has been losing value as China's crackdown on cryptocurrency may have injected fear investors. CurrentlThe post This is the way things stand for Bitcoin: $30k support goes bust appeared first on AMBCrypto.

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Bitcoin (BTC) Consolidates Near Long-Term Support

The bitcoin (BTC) price temporarily stalled the ongoing correction with a bounce at a long-term Fib retracement support level. The post Bitcoin (BTC) Consolidates Near Long-Term Support appeared first on BeInCrypto.

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TA: Bitcoin Breaks Key Support, Here’s Why BTC Could Dive Below $40K

Bitcoin price failed to stay above the key $42,150 support zone against the US Dollar. BTC is declining and it remains at a risk of a sharp decline below $40K. Bitcoin failed to stay above the main $42,000 and $42,150 support levels.

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Bitcoin (BTC) Drops 10%, Finds Support at $53,500

Bitcoin saw a 10% drop yesterday and broke down from its ascending support line.Technical indicators give mixed readings. The post Bitcoin (BTC) Drops 10%, Finds Support at $53,500 appeared first on BeInCrypto.

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Bitcoin Moves Sideways, But Looks Set For A Moon Week

Bitcoin re-tested resistance on its way up to $60,000 and was pushed back to support. At the time of writing, BTC trades at $57,500 with sideway movement in the lower and higher timeframes. Anonymous trader IncomeSharks has set support at $53,000 with $59,000 as an initial price target which BTC managed to reach. However, selling […]

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TA: Bitcoin Revisits Key Support, Here’s What Could Trigger Sharp Increase

Bitcoin price extended its decline below the $54,000 level against the US Dollar. BTC is holding the $52,500 support, but it must clear $54,000 for a fresh increase. Bitcoin failed to stay above the $54,000 support and extended its decline.

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TA: Bitcoin Dives Below Key Support, Here’s Why BTC Bears Are Back

Bitcoin price failed to stay above the $54,000 support against the US Dollar. BTC is declining and it is likely to accelerate losses below the $50,000 support zone. Bitcoin is declining from well above $55,000 and it broke the $53,500 support.

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Bitcoin whale clusters pinpoint key support level for the rally to continue

Bitcoin whale clusters show $23,409 as a key support area, which means the ongoing rally has a strong floor.

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Bitcoin Is On the Precipice of Losing Two Crucial Support Levels

Bitcoin’s price action has been slow over recent weeks. This has allowed crucial technical support levels to catch up with the current price. Analysts say that Bitcoin is on the verge of falling below two support levels of macro importance.

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Bitcoin price at risk of CME gap-fill unless $10.5K flips to support

Bitcoin price is finding support at $10.1K but the threat of the CME gap and resistance at $10.5K continue to weigh on trading sentiment.

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Lucky Number 7? Bitcoin Bulls Defend $10,000 Support A Week Straight

Bitcoin price has fallen by over $2,000 from its 2020 high and is currently struggling to hold support above $10,000. Or is the other way around, and bulls have been valiantly defending the key support level on daily timeframes? Zooming out further shows yet another critical retest in progress, and one that could potentially last […]

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Revolut Adds Bitcoin Cash and Litecoin Support for US Customers

Following the launch of Revolut’s new crypto exchange in the U. S. the company has added bitcoin cash and litecoin support. Alongside bitcoin and ethereum support, the trading platform’s added coins provide Revolut users with the ability to buy, store, and sell four different digital assets.

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As Bitcoin’s Rally Accelerates, Analysts Expect Altcoins to Get Crushed

Bitcoin’s price has remained stable above $12,000 following the strong uptrend it was able to post yesterday The cryptocurrency is now consolidating as bulls attempt to garner greater support It also appears that BTC is trying to test and confirm $12,000 as support.

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Bullish Bitcoin Price Trend Intact Even After BTC Retests $11.4K Support

After dropping 4.89% to confirm $11.4K as support, Bitcoin price is slowly making its way back toward $11.8K.

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Bitcoin drops through support after Twitter hack

Bitcoin has dropped to lows of $9,026 after losing key support zone at $9,150...

The post Bitcoin drops through support after Twitter hack appeared first on Coin Journal.

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Bitcoin Reaches Daily Close Below Important Support Area

On July 15, the Bitcoin (BTC) price reached a daily close below the $9,250 support and the 50-day MA, both of which had been providing support up to this point. This is a bearish sign that indicates the price will likely head lower.

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Peter Schiff Expects Bitcoin’s Pivotal $9,000 Support to “Give Way”

Bitcoin is once again flirting with the ever-important support level of $9,000. Earlier on Sunday, the cryptocurrency briefly fell under $9,000 in a $100 move that unfolded over 30 minutes. Over that time, BTC fell as low as $8,910 on most major spot and derivatives exchanges, liquidating millions in the process.

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Bitcoin Cash Vietnam-Based Fiat-to-Crypto Trading Support Added to Bvnex Exchange

This week the trading platform Bvnex Exchange announced the support of bitcoin cash on the Vietnam-based fiat-crypto trading platform. The support gives the Vietnamese market and other regions in Asia, the ability to trade bitcoin cash for VNDT- Vietnam dong.

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Bitcoin Breaks $9K Support, HODL On Everybody

Bitcoin briefly broke through the $9,000 support level today, to a new swing low of $8960. The leading cryptocurrency has lost over $1500 in price since being rejected at the $10,600 resistance on February 13.

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Bitcoin Dominance Climbs, But Broken Support Could Lead to $8,000

Cryptocurrency markets have accelerated losses this morning. Bitcoin has fallen through a key support level but its market dominance is climbing again as altcoins get eaten alive. Digital asset markets have continued their declines this week with a further $16 billion being dumped over the past 24 hours.

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Bitcoin Price Rally Over? Key $9.4K Support Zone Holds for Now

Bitcoin needs to hold the $9.4K support in order to retake $10K and close the CME gap at $10,460

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Bitcoin Analysis for 2020-01-09 [Premium Analysis]

Bitcoin Price Highlights The Bitcoin price has broken down below its parabolic curve. There is minor support at $7900 and major support at $7550. BTC is possibly following an ascending support line.

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Bitcoin’s Drop Below $7,000 May Be Part of an Incredibly Bullish Pattern

Much to the chagrin of investors and bulls alike, Bitcoin (BTC) was unable to hold above the key support that had been established within the lower-$7,000 region, as it posted a swift break below this support during a sharp selloff that occurred earlier this morning.

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Bitcoin (BTC) Bears Remain In Driver’s Seat But Bulls Not Done Yet

Bitcoin price is extending losses below the $6,800 support area against the US Dollar. A crucial support is waiting on the downside near $6,500 and $6,200. There is a new connecting bearish trend line forming with resistance near $6,740 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Bitcoin Is Closing on Historically Strong Price Support

Battered bitcoin may soon see solid support from a historically strong moving average price support. That could attract technical buyers.

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Bitcoin Price Analysis: Grinding Market Slowly Drives Through Support

The bitcoin market over the last few days has been a series of grinding support/resistance tests that have brought us toward macro support at the $7,700s. The post Bitcoin Price Analysis: Grinding Market Slowly Drives Through Support appeared first on Bitcoin Magazine.

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Ethereum (ETH) Signaling Bullish Continuation, Bitcoin Holding Support

Ethereum price is trading nicely above the $188 and $185 support levels against the US Dollar. Bitcoin price is showing positive signs and it is trading above the $8,400 support area. There is a major bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken).

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Bitcoin May See Brief Bounce After Defending Key Price Support

Still bearish overall, bitcoin is defending the 200-day moving average support and may see a minor bounce to $8,700.

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