Currencies34188
Market Cap$ 4.07T+0.79%
24h Spot Volume$ 98.57B-4.30%
DominanceBTC57.44%-0.58%ETH11.09%+0.79%
ETH Gas0.24 Gwei
Cryptorank

Bitcoin (BTC) Price Prediction for May 18: Can Bulls Reclaim $105K Amid Sideways Pressure?


by Parshwa Turakhiya
for CoinEdition
Bitcoin (BTC) Price Prediction for May 18

Bitcoin price today is hovering around $103,400 after failing to sustain momentum above $105,000 earlier this week. Despite a strong recovery from $100,762, recent candles show indecision with tightening Bollinger Bands and flattening RSI. The current rangebound movement comes after a multi-week rally that saw Bitcoin price spikes toward $105,787, followed by sustained rejection near major Fibonacci resistance.

What’s Happening With Bitcoin’s Price?

The Bitcoin price action on the 1-day chart remains bullish from a macro lens, with the asset firmly above the March–April downtrend breakout. The latest weekly candle formed a long upper wick just below the 0.786 Fibonacci level at $104,929, indicating heavy supply pressure. This area near $105,000 has acted as a historical rejection zone and now caps further upside unless cleared decisively.

On the 4-hour chart, price remains inside a narrow consolidation triangle, with lower highs and slightly higher lows. This structure has developed just above the 50 EMA at $102,533, a critical dynamic support that must hold for bulls to maintain control. Any close below this cou…

The post Bitcoin (BTC) Price Prediction for May 18: Can Bulls Reclaim $105K Amid Sideways Pressure? appeared first on Coin Edition.

Read the article at CoinEdition

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Bitcoin (BTC) Price Prediction for July 25

Bitcoin (BTC) Price Prediction for July 25

The Bitcoin price today is trading near $115,600 after a sharp intraday decline that ...
Bitcoin Slides to $115K as Dow Jones Rally Stalls at December-January High

Bitcoin Slides to $115K as Dow Jones Rally Stalls at December-January High

The broader cryptocurrency market, including ether and solana, also experienced losse...

Bitcoin (BTC) Price Prediction for May 18: Can Bulls Reclaim $105K Amid Sideways Pressure?


by Parshwa Turakhiya
for CoinEdition
Bitcoin (BTC) Price Prediction for May 18

Bitcoin price today is hovering around $103,400 after failing to sustain momentum above $105,000 earlier this week. Despite a strong recovery from $100,762, recent candles show indecision with tightening Bollinger Bands and flattening RSI. The current rangebound movement comes after a multi-week rally that saw Bitcoin price spikes toward $105,787, followed by sustained rejection near major Fibonacci resistance.

What’s Happening With Bitcoin’s Price?

The Bitcoin price action on the 1-day chart remains bullish from a macro lens, with the asset firmly above the March–April downtrend breakout. The latest weekly candle formed a long upper wick just below the 0.786 Fibonacci level at $104,929, indicating heavy supply pressure. This area near $105,000 has acted as a historical rejection zone and now caps further upside unless cleared decisively.

On the 4-hour chart, price remains inside a narrow consolidation triangle, with lower highs and slightly higher lows. This structure has developed just above the 50 EMA at $102,533, a critical dynamic support that must hold for bulls to maintain control. Any close below this cou…

The post Bitcoin (BTC) Price Prediction for May 18: Can Bulls Reclaim $105K Amid Sideways Pressure? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin (BTC) Price Prediction for July 25

Bitcoin (BTC) Price Prediction for July 25

The Bitcoin price today is trading near $115,600 after a sharp intraday decline that ...
Bitcoin Slides to $115K as Dow Jones Rally Stalls at December-January High

Bitcoin Slides to $115K as Dow Jones Rally Stalls at December-January High

The broader cryptocurrency market, including ether and solana, also experienced losse...