Bitcoin Price Analysis: BTC Still at Risk of a Sub-$100K Drop Amid a Weak Bounce
Share:
Bitcoin is attempting a recovery after the recent shakeout, trading around the $105K mark. The bounce came after a steep demand downtrend, but it now faces strong overhead resistance and weakening on-chain participation. Buyers are stepping in, but the structure suggests the move might only be a relief rally unless follow-through volume steps up.
Technical Analysis
By Shayan
In This News
Coins
Share:
In This News
Coins
Share:
Read More
US Budget Deal Calms Markets as Crypto Holds Steady
7-Year Death Cross Pattern Shows Bitcoin Likely to Bottom at $95K Then Shoot to $145K
Bitcoin Price Analysis: BTC Still at Risk of a Sub-$100K Drop Amid a Weak Bounce
Share:
Bitcoin is attempting a recovery after the recent shakeout, trading around the $105K mark. The bounce came after a steep demand downtrend, but it now faces strong overhead resistance and weakening on-chain participation. Buyers are stepping in, but the structure suggests the move might only be a relief rally unless follow-through volume steps up.
Technical Analysis
By Shayan
In This News
Coins
Share:
In This News
Coins
Share:
Read More
US Budget Deal Calms Markets as Crypto Holds Steady