Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact - Overpasses For America
14 Articles
14 Articles
Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact - Overpasses For America
Bitcoin is trading just above the $112,000 level after breaking down from a consolidation range that held for over two weeks. The sharp decline sparked concerns among investors, particularly among Short-Term Holders (STH), who now face the difficult choice of realizing losses or holding underwater positions. However, top analyst Darkfost shared key insights suggesting that Bitcoin’s underlying demand remains robust, despite the price volatility.…
Is Bitcoin Losing Steam? Analysts Warn of Fragile Market Support
Bitcoin (BTC) has experienced a steady price decline over the past week, falling by approximately 3.7% as trading activity shows signs of a possible sell-off or profit-taking phase. After peaking above $123,000 earlier last month, the leading cryptocurrency has been trading within the $113,000 to $114,000 range in the past day. At the time of writing, BTC is valued at $114,420, reflecting uncertainty in market momentum. Market analysts point to …
Bitcoin Holds $112K as Trendline Bounce Targets $124K Upside
Bitcoin tested the $112K zone and bounced upward while holding its long rising trendline since early summer. Price reached $114K after rejecting lower levels and showed renewed strength above the previous breakout line. Bulls may now aim for a push toward $120K and possibly reach $124K if momentum builds above the trend base. Bitcoin rebounded to $114,351 after retesting the $112,000 support and maintaining its multi-month ascending trendline fr…
Bitcoin Demand Still Positive Even As Price Faces Volatility - Invest In Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As robust volatility persists in the cryptocurrency market, Bitcoin, the leading digital asset, has witnessed a notable pullback to the $114,000 price mark. BTC’s price may have declined to key support levels, but investors continue to display resilience and optimism, evidenced by sustained positive demand toward the crypto king. Volatility Fails …
Bitcoin Flounders, But Clings to $115K – Markets and Prices Bitcoin News
The cryptocurrency has recovered somewhat, after a tumultuous weekend that saw it plunge as low as $112K on Saturday. BTC Weathers the Storm, Holds Near $115K After a rollercoaster ride last week, bitcoin’s price fell off a cliff, tumbling to $112K on Saturday, before embarking on a journey back to $115K during pre-trading hours on […]
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