Price: $BTC is trading around $81,400. That is roughly 35% below its all-time high of about $126,200 and about 26% lower than a year ago.
Bitcoin (BTC) Price USD Today, News, Charts, Market Cap
+2
Trend: Bitcoin has been moving sideways this month. It mostly stayed in a narrow band of about $81,000–$83,500 and is essentially flat versus a month ago. It dipped a little this week.
Key levels:
Support: An analysis from earlier this month put support at $79,600–$80,400. Losing that zone would be a bearish sign.
Resistance: Bitcoin has been rejected below $87,000, so that is the ceiling to watch.
What’s driving it: Risk sentiment is weak. Attacks in the Middle East have pushed Brent crude above $111 a barrel. Asian stocks have also tumbled, with bitcoin retreating as China enters a bear market.
Outlook: The short-term bias is neutral to cautious. A drop below $80,000 opens the way to further downside, and a break above $87,000 would be the first real sign of a recovery.
This is general information, not financial advice, and crypto is very volatile.
#EarningsSeason #BinancePick #BitcoinHashrateHitsSevenMonthHigh #EthereumHoodiTestnetGlamsterdamHardForkDelayed
Bitcoin (BTC) Price USD Today, News, Charts, Market Cap
+2
Trend: Bitcoin has been moving sideways this month. It mostly stayed in a narrow band of about $81,000–$83,500 and is essentially flat versus a month ago. It dipped a little this week.
Key levels:
Support: An analysis from earlier this month put support at $79,600–$80,400. Losing that zone would be a bearish sign.
Resistance: Bitcoin has been rejected below $87,000, so that is the ceiling to watch.
What’s driving it: Risk sentiment is weak. Attacks in the Middle East have pushed Brent crude above $111 a barrel. Asian stocks have also tumbled, with bitcoin retreating as China enters a bear market.
Outlook: The short-term bias is neutral to cautious. A drop below $80,000 opens the way to further downside, and a break above $87,000 would be the first real sign of a recovery.
This is general information, not financial advice, and crypto is very volatile.
#EarningsSeason #BinancePick #BitcoinHashrateHitsSevenMonthHigh #EthereumHoodiTestnetGlamsterdamHardForkDelayed