Bitcoin's performance this week
The price of Bitcoin has remained volatile during the current week, but it has maintained strong levels around $88,000–$95,000 approximately.
CoinMarketCap +1
There are signs of an attempt to rise after a rebound from support levels, with resistance areas being tested near $95,000–$97,000.
TradingView +1
📉 General price trend
Despite some upward movement in the middle of the week to higher levels close to $96,000–$97,000, the price has returned to show a slight decline and correction towards levels around ~$88,000 currently.
TradingView +1
The weekly change index appears to be unstable (the overall movement is within a narrow range), indicating that the market is still in a phase of volatility before a clear new trend.
CoinGecko
📊 Brief technical analysis
Some technical analyses show that Bitcoin is moving within a key support range and has tested it multiple times without a decisive break.
TradingView
Selling pressure has begun to ease slightly, but breaking resistance levels above ~$95,000 requires higher trading strength and larger volume.
TradingView
The price of Bitcoin has remained volatile during the current week, but it has maintained strong levels around $88,000–$95,000 approximately.
CoinMarketCap +1
There are signs of an attempt to rise after a rebound from support levels, with resistance areas being tested near $95,000–$97,000.
TradingView +1
📉 General price trend
Despite some upward movement in the middle of the week to higher levels close to $96,000–$97,000, the price has returned to show a slight decline and correction towards levels around ~$88,000 currently.
TradingView +1
The weekly change index appears to be unstable (the overall movement is within a narrow range), indicating that the market is still in a phase of volatility before a clear new trend.
CoinGecko
📊 Brief technical analysis
Some technical analyses show that Bitcoin is moving within a key support range and has tested it multiple times without a decisive break.
TradingView
Selling pressure has begun to ease slightly, but breaking resistance levels above ~$95,000 requires higher trading strength and larger volume.
TradingView