Bitcoin at Risk of Deeper Drop as BTC Slips Below Key Support Levels

Are Meme Coins Set to Crash Again as Bitcoin Loses This Key Holding Level?

In the latest price drop, meme coins lost traction and now paint a serious red. Still, Dex gems experience massive profit growth.  As fearful as it may sound, Bitcoin just lost a key holding level of $107k after days of consolidation, triggered by a sharp rejection from a three-week high lately. Due to that, the price is down today with large-cap altcoins showing signs of bearishness. While low caps are painting serious bearish scenarios, meme c…

Bitcoin Trades Within Descending Channel as CME Gap Gets Filled

Bitcoin BTC$107,839.82 is currently moving within a descending channel a persistent bearish structure that began on May 22, when it hit a high of $112,000. After reaching this level, the price fell about 10% to around $100,000. It then made a lower high at $110,000 on June 10, which was followed by a roughly 10%... The post Bitcoin Trades Within Descending Channel as CME Gap Gets Filled appeared first on Daily Truth Report • DailyTruthReport.com.

Bitcoin at risk of deeper drop as BTC slips below key support levels - WorldNL Magazine

A revisit to the $100,000 level seems likely now that BTC price slipped below two key support levels. Key point:Selling accelerated on Tuesday, raising the chance for a Bitcoin price drop to $104,000.Bitcoin (BTC) pulled back to $105,250 on Tuesday after failing to cross above the $109,000 mark on Sunday and Monday. Bitfinex analysts said in a market report that Bitcoin could have formed a local top or may enter a period of consolidation. Let’s …

Bitcoin at risk of deeper drop as BTC slips below key support levels – MAXBIT

A revisit to the $100,000 level seems likely now that BTC price slipped below two key support levels. Key point: Selling accelerated on Tuesday, raising the chance for a Bitcoin price drop to $104,000. Bitcoin (BTC) pulled back to $105,250 on Tuesday after failing to cross above the $109,000 mark on Sunday and Monday. Bitfinex...

Bitcoin at risk of deeper drop as BTC slips below key support levels

Bears took control of the Bitcoin market and catalyzed a range expansion to the downside. How long will it last?