Bitcoin is currently testing a crucial weekly support level near $72,000 after a weak short-term bounce from the 78.6% Fibonacci retracement around $75,000. Historically, Bitcoin has used this Hull Moving Average (HMA) level as a strong support during bottoming phases, but a close below $72,000 could signal further downside risk toward lower support zones between $68,000 and $73,000. The next key resistance remains near $82,750, with higher targets possible if support holds. Investors should watch the $72,000 level closely to gauge whether Bitcoin can maintain its recovery or face a deeper pullback.
Bitcoin price recently hit a strong resistance level at $65,600 but failed to break through, signaling a possible reversal. Short-term momentum is weakening, suggesting the price may decline unless a sudden surge occurs. Key support levels include th...
NYDIG projects Bitcoin might fall to $38,000-$39,000 by October 2026 if the current 2025-26 market decline matches the depth of the 2022 bear market. Bitcoin is currently trading near $64,500, down about 30% this year and roughly 50% below its Octobe...
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
