Bitcoin Price
Bitcoin Stabilizes After Pullback; Faces Resistance at $58K
Bitcoin stabilized after a near 5% drop during Asia hours. Momentum is slowing, which could limit rallies.
Bitcoin Holds Support, Faces Resistance at $60K
The virtual currency is approaching its resistance level.
Bitcoin Stabilizes Near Support; Resistance Around $56K-$58K
Bitcoin has fully recovered from a late Thursday decline and is approaching resistance around $56K-$58K.
Bitcoin Declines, on Track for Worst Month Since September
The largest cryptocurrency is down about 10% for the month to date, with the momentum shifting to altcoins.
Bitcoin Struggles Near Resistance, Support Around $52K
BTC continues to struggle near resistance and could approach lower support around $52K.
Bitcoin Stalls at $56K Resistance; Support Within Reach
Bitcoin stalled just below $56K resistance after a near 18% price recovery from last week's sell-off. Short-term support is within reach.
Long-Term Bitcoin Holders Unmoved Despite Volatility, Blockchain Data Shows
Long-term bitcoin holders were unmoved during the recent correction, similar to previous turning points, according to Glassnode.
Bitcoin Rallies From Oversold Levels; Resistance Around $56K
BTC is now at the most overbought level since April 14, when it reached an all-time high around $64,800.
Blockchain Data May Have Foreshadowed Monday's Bitcoin Price Rally
The SOPR indicator, which measures aggregate net profit/loss could signal a BTC market bottom, according to Glassnode data.
Bitcoin Stabilizes After Weekend Sell-Off; Resistance Around $58K
BTC is attempting to break above a series of lower price highs from April 14, which could stabilize the short-term downtrend.
