koinmilyoner
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Bullish
Bitcoinโs Bounce Looks Weak ๐ฌ โ Signals Point to Another Pullback Ahead
Bitcoin is suffering below $105,000. BTC may fall if it remains below $104,200.
Bitcoin fell below $104,000 again.
Price is below $104,000 and the 100-hour Simple moving average.
BTC/USD broke over a negative trend line with resistance at $103,000 on the hourly chart.
If it falls below $105,000, the pair may continue to fall.
Bitcoin Price Struggles
After failing to break $105,000, bitcoin price fell again. BTC fell below $103,500 and $102,000 into bear territory.
Price dropped below $100,000 support. After a low of $98,900, the price began recovering. It moved beyond the 23.6% Fib retracement level of the $111,000 swing high to $98,900 low decline.
BTC/USD broke over a negative trend line with resistance at $103,000 on the hourly chart. Bears remained active around $104,000.
Bitcoin has fallen below $104,000 and the 100-hour SMA. Another bullish rebound wave may encounter resistance at $103,500. First major resistance is around $104,000.
The 50% Fib retracement level of the decline from the $111,000 swing high to the $98,900 low may be the next barrier at $105,000. A closing above $105,000 barrier might boost prices. The price may soar to $106,500 resistance. More increases might push the price toward $107,500. Bulls may face $108,500 and $108,800 next.
Another BTC Drop?
Bitcoin may fall if it fails to break $104,000. Near $102,150 is immediate support. The first big support is around $100,500.
The next support is approximately $100,000. More losses might push the price toward $98,800. BTC may struggle to rebound below $97,500, its key support.
Major Support Levels: $102,150, $100,500.
Key Resistance Levels: $103,500, $104,000.
#AltcoinMarketRecovery #BTC #TrumpBitcoinEmpire #PrivacyCoinSurge $BTC $BNB $XRP
Bitcoin is suffering below $105,000. BTC may fall if it remains below $104,200.
Bitcoin fell below $104,000 again.
Price is below $104,000 and the 100-hour Simple moving average.
BTC/USD broke over a negative trend line with resistance at $103,000 on the hourly chart.
If it falls below $105,000, the pair may continue to fall.
Bitcoin Price Struggles
After failing to break $105,000, bitcoin price fell again. BTC fell below $103,500 and $102,000 into bear territory.
Price dropped below $100,000 support. After a low of $98,900, the price began recovering. It moved beyond the 23.6% Fib retracement level of the $111,000 swing high to $98,900 low decline.
BTC/USD broke over a negative trend line with resistance at $103,000 on the hourly chart. Bears remained active around $104,000.
Bitcoin has fallen below $104,000 and the 100-hour SMA. Another bullish rebound wave may encounter resistance at $103,500. First major resistance is around $104,000.
The 50% Fib retracement level of the decline from the $111,000 swing high to the $98,900 low may be the next barrier at $105,000. A closing above $105,000 barrier might boost prices. The price may soar to $106,500 resistance. More increases might push the price toward $107,500. Bulls may face $108,500 and $108,800 next.
Another BTC Drop?
Bitcoin may fall if it fails to break $104,000. Near $102,150 is immediate support. The first big support is around $100,500.
The next support is approximately $100,000. More losses might push the price toward $98,800. BTC may struggle to rebound below $97,500, its key support.
Major Support Levels: $102,150, $100,500.
Key Resistance Levels: $103,500, $104,000.
#AltcoinMarketRecovery #BTC #TrumpBitcoinEmpire #PrivacyCoinSurge $BTC $BNB $XRP
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