Bitcoin Price Prediction: Ohio News Offsets Fragile Technicals
- Bitcoin price today trades near $109,000, defending channel support with $106,100 as the deeper risk zone.
- Ohio becomes the first U.S. state to accept Bitcoin for taxes, strengthening long-term adoption narratives.
- On-chain flows show $6.5M net inflow, while futures and options activity signal cautious positioning.
Bitcoin price today is trading near $109,000, defending a key rising channel support while struggling below the $111,000–$113,000 resistance cluster. The market is torn between weakening momentum signals and a new adoption boost after Ohio confirmed it will accept Bitcoin for tax and government payments.
Bitcoin Price Tests Channel Support
The daily chart shows Bitcoin consolidating near the lower boundary of its rising channel, with immediate support at $108,000–$109,000. A breakdown from th…
Read The Full Article Bitcoin Price Prediction: Ohio News Offsets Fragile Technicals On Coin Edition.
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Bitcoin Price Prediction: Ohio News Offsets Fragile Technicals
- Bitcoin price today trades near $109,000, defending channel support with $106,100 as the deeper risk zone.
- Ohio becomes the first U.S. state to accept Bitcoin for taxes, strengthening long-term adoption narratives.
- On-chain flows show $6.5M net inflow, while futures and options activity signal cautious positioning.
Bitcoin price today is trading near $109,000, defending a key rising channel support while struggling below the $111,000–$113,000 resistance cluster. The market is torn between weakening momentum signals and a new adoption boost after Ohio confirmed it will accept Bitcoin for tax and government payments.
Bitcoin Price Tests Channel Support
The daily chart shows Bitcoin consolidating near the lower boundary of its rising channel, with immediate support at $108,000–$109,000. A breakdown from th…
Read The Full Article Bitcoin Price Prediction: Ohio News Offsets Fragile Technicals On Coin Edition.
Read More