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Bitcoin Price Prediction for May 26: Bulls Struggle Near $108K As Momentum Weakens Inside Rising Channel


by Parshwa Turakhiya
for CoinEdition
Bitcoin Price Prediction for May 26

The Bitcoin price today is trading around $107,700 after facing rejection near $108,800, indicating a temporary loss of bullish momentum. Despite a breakout from the $105,000–$106,500 zone earlier this week, the price action is showing signs of short-term exhaustion as indicators turn mixed. The broader structure, however, still remains within a rising channel formation, leaving the door open for a potential push higher—if key support levels hold.

What’s Happening With Bitcoin’s Price?

After breaking above the key resistance band near $106,000, the Bitcoin price action surged to a multi-week high around $108,800. But this sharp move has slowed, with intraday charts now reflecting a bearish divergence. On the 30-minute and 4-hour charts, BTC is consolidating inside a narrowing range, with lower highs forming under a trendline capped near $108,400.

Notably, the 30-minute chart shows the price trapped between horizontal resistance and demand around $107,000. Several breakdown attempts have been absorbed, but the lower timeframe structure has now shifted slightly bearish, suggesting a possible test of support between …

The post Bitcoin Price Prediction for May 26: Bulls Struggle Near $108K As Momentum Weakens Inside Rising Channel appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin (BTC) Price Prediction For June 25

Bitcoin (BTC) Price Prediction For June 25

After a sharp rebound from the $100,000 region, the Bitcoin price today is trading ne...
Bitcoin Could Spike to $120K, Here Are 4 Factors Boosting the Case for a BTC Bull Run

Bitcoin Could Spike to $120K, Here Are 4 Factors Boosting the Case for a BTC Bull Run

Multiple analysts have repeatedly pointed to $120K as bitcoin's price target this year.
MainNewsBitcoin Pric...

Bitcoin Price Prediction for May 26: Bulls Struggle Near $108K As Momentum Weakens Inside Rising Channel


by Parshwa Turakhiya
for CoinEdition
Bitcoin Price Prediction for May 26

The Bitcoin price today is trading around $107,700 after facing rejection near $108,800, indicating a temporary loss of bullish momentum. Despite a breakout from the $105,000–$106,500 zone earlier this week, the price action is showing signs of short-term exhaustion as indicators turn mixed. The broader structure, however, still remains within a rising channel formation, leaving the door open for a potential push higher—if key support levels hold.

What’s Happening With Bitcoin’s Price?

After breaking above the key resistance band near $106,000, the Bitcoin price action surged to a multi-week high around $108,800. But this sharp move has slowed, with intraday charts now reflecting a bearish divergence. On the 30-minute and 4-hour charts, BTC is consolidating inside a narrowing range, with lower highs forming under a trendline capped near $108,400.

Notably, the 30-minute chart shows the price trapped between horizontal resistance and demand around $107,000. Several breakdown attempts have been absorbed, but the lower timeframe structure has now shifted slightly bearish, suggesting a possible test of support between …

The post Bitcoin Price Prediction for May 26: Bulls Struggle Near $108K As Momentum Weakens Inside Rising Channel appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin (BTC) Price Prediction For June 25

Bitcoin (BTC) Price Prediction For June 25

After a sharp rebound from the $100,000 region, the Bitcoin price today is trading ne...
Bitcoin Could Spike to $120K, Here Are 4 Factors Boosting the Case for a BTC Bull Run

Bitcoin Could Spike to $120K, Here Are 4 Factors Boosting the Case for a BTC Bull Run

Multiple analysts have repeatedly pointed to $120K as bitcoin's price target this year.