Bitcoin Range-Bound Between $100K–$110K as Market Momentum Cools
- Bitcoin consolidates in the $100K–$110K range as volatility eases.
- Realized profits and transfer volumes decline, signaling market fatigue.
- Futures traders remain active but show reduced confidence in long positions.
Bitcoin continues to trade sideways between $100,000 and $110,000, as cooling demand and cautious sentiment limit the chances of a breakout. The asset remains above strong structural support. However, market activity has declined since early May, according to Glassnode.
Bitcoin Finds Support Despite Volatility
Bitcoin briefly fell to $98,000 over the weekend as geopolitical tensions spooked investors. However, prices quickly rebounded to above $108,431 on Wednesday following news of de-escalation. Despite this price swing, Bitcoin has returned to a familiar range, where it has traded for nearly two months.
Related: All Eyes on the $108,900 Level as Bitcoin Enters Final Stretch to New ATH
The $93,000–$100,000 zone has emerged as a critical support level, backed by concentrated accumulation seen in the Q1 2025 heatmap data. As long as Bitcoin holds above this zone, analysts suggest the broader bullish trend remains intact.
Decli…
The post Bitcoin Range-Bound Between $100K–$110K as Market Momentum Cools appeared first on Coin Edition.
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Bitcoin Price Prediction For June 28 2025: BTC Holds $107K As Bulls Test $108K–$109K Resistance Zone
Bitcoin Range-Bound Between $100K–$110K as Market Momentum Cools
- Bitcoin consolidates in the $100K–$110K range as volatility eases.
- Realized profits and transfer volumes decline, signaling market fatigue.
- Futures traders remain active but show reduced confidence in long positions.
Bitcoin continues to trade sideways between $100,000 and $110,000, as cooling demand and cautious sentiment limit the chances of a breakout. The asset remains above strong structural support. However, market activity has declined since early May, according to Glassnode.
Bitcoin Finds Support Despite Volatility
Bitcoin briefly fell to $98,000 over the weekend as geopolitical tensions spooked investors. However, prices quickly rebounded to above $108,431 on Wednesday following news of de-escalation. Despite this price swing, Bitcoin has returned to a familiar range, where it has traded for nearly two months.
Related: All Eyes on the $108,900 Level as Bitcoin Enters Final Stretch to New ATH
The $93,000–$100,000 zone has emerged as a critical support level, backed by concentrated accumulation seen in the Q1 2025 heatmap data. As long as Bitcoin holds above this zone, analysts suggest the broader bullish trend remains intact.
Decli…
The post Bitcoin Range-Bound Between $100K–$110K as Market Momentum Cools appeared first on Coin Edition.
Читать больше