Bitcoin was able to hold the $80,000 level and has since bounced back. The price is now testing the resistance area, so let’s see how it reacts.
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🔥 THIS IS A BIG WEEK FOR CRYPTO! 📊 Several major economic events and corporate updates could influence Bitcoin and altcoin price action this week. Key events to watch (UTC): - Oct 15: 🇺🇸 US PPI Inflation Data — 12:30 UTC - Oct 15: 🛍 US Retail Sales — 12:30 UTC…
📊 $BTC remains trapped below key cost-basis levels. Investors who bought Bitcoin over the past two years may reach breakeven above $88K, creating potential selling pressure as price approaches that level. Meanwhile, spot Bitcoin ETFs have turned into net selle…
Bitcoin has broken below the support area and is now testing the $80,000 support zone. The price needs to hold this level; otherwise, things could turn bad. Let's see how the market reacts in the coming days.
Bitcoin created another wick below the support area, indicating price rejection. The price reclaimed the support area and is now trading above it. It may move towards the $85,000 level again.
Bitcoin has had a strong recovery in the market and is now experiencing a shallow retracement. The price can move for a retest and then start moving up. Only an HTF candle close (Daily TF) can be an indication of bearishness.
The Short-Term Holder Cost Basis, the average price paid for coins held less than 155 days, sits at $73.3K. Price trades about 13% above it, so recent buyers are in profit. In the uptrends of 2023 and 2024, price spent months above this line, shaded green on t…
A massive green dildo candle is coming for #EDEN! 🚀✌️
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