Bitcoin’s repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
Market Analysis news
Bitcoin is struggling to preserve monthly support, but below the surface, BTC price metrics are giving bulls cause for confidence.
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
Futures open interest on XRP dropped by 54% in three weeks. Is XRP gearing up for another rally?
Bitcoin’s recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
Bitcoin’s recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL.
Bitcoin buying led by Coinbase launches BTC price action back toward the six-figure mark.
Bitcoin traders’ realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off.
A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.
BTC price weakness finds support at familiar levels with Bitcoin traders seeing historical patterns playing out.