• bitcoinBitcoin (BTC) $ 60,786.00
  • ethereumEthereum (ETH) $ 2,349.59
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 544.36
  • solanaSolana (SOL) $ 137.09
  • usd-coinUSDC (USDC) $ 1.00
  • xrpXRP (XRP) $ 0.525269
  • staked-etherLido Staked Ether (STETH) $ 2,348.86
  • dogecoinDogecoin (DOGE) $ 0.104924
  • tronTRON (TRX) $ 0.157445
  • the-open-networkToncoin (TON) $ 5.32
  • cardanoCardano (ADA) $ 0.343794
  • avalanche-2Avalanche (AVAX) $ 24.74
  • wrapped-stethWrapped stETH (WSTETH) $ 2,771.34
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 60,768.00
  • wethWETH (WETH) $ 2,349.52
  • chainlinkChainlink (LINK) $ 10.64
  • bitcoin-cashBitcoin Cash (BCH) $ 318.96
  • polkadotPolkadot (DOT) $ 4.12
  • daiDai (DAI) $ 1.00
  • leo-tokenLEO Token (LEO) $ 5.86
  • nearNEAR Protocol (NEAR) $ 4.61
  • uniswapUniswap (UNI) $ 6.56
  • litecoinLitecoin (LTC) $ 63.36
  • suiSui (SUI) $ 1.69
  • aptosAptos (APT) $ 8.36
  • wrapped-eethWrapped eETH (WEETH) $ 2,463.47
  • internet-computerInternet Computer (ICP) $ 7.97
  • bittensorBittensor (TAO) $ 498.22
  • pepePepe (PEPE) $ 0.000009
  • kaspaKaspa (KAS) $ 0.145370
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.37
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.375405
  • ethereum-classicEthereum Classic (ETC) $ 18.46
  • blockstackStacks (STX) $ 1.83
  • stellarStellar (XLM) $ 0.090130
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998944
  • moneroMonero (XMR) $ 144.26
  • ethena-usdeEthena USDe (USDE) $ 0.999291
  • okbOKB (OKB) $ 40.60
  • immutable-xImmutable (IMX) $ 1.50
  • aaveAave (AAVE) $ 143.40
  • crypto-com-chainCronos (CRO) $ 0.078529
  • filecoinFilecoin (FIL) $ 3.56
  • render-tokenRender (RENDER) $ 5.25
  • dogwifcoindogwifhat (WIF) $ 2.04
  • hedera-hashgraphHedera (HBAR) $ 0.051789
  • arbitrumArbitrum (ARB) $ 0.532435
  • optimismOptimism (OP) $ 1.52
  • injective-protocolInjective (INJ) $ 19.13
  • mantleMantle (MNT) $ 0.568873
  • vechainVeChain (VET) $ 0.022059
  • cosmosCosmos Hub (ATOM) $ 4.37
  • fantomFantom (FTM) $ 0.604094
  • whitebitWhiteBIT Coin (WBT) $ 11.35
  • thorchainTHORChain (RUNE) $ 4.50
  • the-graphThe Graph (GRT) $ 0.152888
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,350.96
  • sei-networkSei (SEI) $ 0.397759
  • bonkBonk (BONK) $ 0.000020
  • bitget-tokenBitget Token (BGB) $ 0.965737
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,628.67
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 60,644.00
  • makerMaker (MKR) $ 1,433.17
  • flokiFLOKI (FLOKI) $ 0.000128
  • theta-tokenTheta Network (THETA) $ 1.23
  • heliumHelium (HNT) $ 6.96
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,451.04
  • arweaveArweave (AR) $ 17.95
  • pyth-networkPyth Network (PYTH) $ 0.311164
  • gatechain-tokenGate (GT) $ 8.39
  • mantra-daoMANTRA (OM) $ 1.25
  • celestiaCelestia (TIA) $ 4.79
  • matic-networkPolygon (MATIC) $ 0.376414
  • jupiter-exchange-solanaJupiter (JUP) $ 0.743985
  • algorandAlgorand (ALGO) $ 0.121330
  • quant-networkQuant (QNT) $ 68.44
  • ondo-financeOndo (ONDO) $ 0.675195
  • popcatPopcat (POPCAT) $ 0.984075
  • jasmycoinJasmyCoin (JASMY) $ 0.019006
  • lido-daoLido DAO (LDO) $ 1.02
  • kucoin-sharesKuCoin (KCS) $ 7.54
  • bitcoin-svBitcoin SV (BSV) $ 44.25
  • bittorrentBitTorrent (BTT) $ 0.00000089
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,344.82
  • wormholeWormhole (W) $ 0.320768
  • fasttokenFasttoken (FTN) $ 2.48
  • coredaoorgCore (CORE) $ 0.881099
  • flowFlow (FLOW) $ 0.522343
  • worldcoin-wldWorldcoin (WLD) $ 1.61
  • based-brettBrett (BRETT) $ 0.080004
  • ethenaEthena (ENA) $ 0.283588
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,391.29
  • beam-2Beam (BEAM) $ 0.014881
  • galaGALA (GALA) $ 0.019137
  • flare-networksFlare (FLR) $ 0.015361
  • conflux-tokenConflux (CFX) $ 0.162775
  • usddUSDD (USDD) $ 0.998990
  • notcoinNotcoin (NOT) $ 0.007153
  • msolMarinade Staked SOL (MSOL) $ 167.50
  • klay-tokenKlaytn (KLAY) $ 0.122959
  • eosEOS (EOS) $ 0.466365
  • starknetStarknet (STRK) $ 0.361755
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • aerodrome-financeAerodrome Finance (AERO) $ 1.07
  • ecasheCash (XEC) $ 0.000035
  • axie-infinityAxie Infinity (AXS) $ 4.50
  • neoNEO (NEO) $ 9.65
  • elrond-erd-2MultiversX (EGLD) $ 24.52
  • ordinalsORDI (ORDI) $ 32.08
  • tokenize-xchangeTokenize Xchange (TKX) $ 8.39
  • tether-goldTether Gold (XAUT) $ 2,656.70
  • nervos-networkNervos Network (CKB) $ 0.014477
  • fraxFrax (FRAX) $ 0.997214
  • tezosTezos (XTZ) $ 0.636443
  • eigenlayerEigenlayer (EIGEN) $ 3.39
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 60,647.00
  • akash-networkAkash Network (AKT) $ 2.44
  • pendlePendle (PENDLE) $ 3.67
  • the-sandboxThe Sandbox (SAND) $ 0.243738
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,404.86
  • mina-protocolMina Protocol (MINA) $ 0.488237
  • roninRonin (RON) $ 1.59
  • ethereum-name-serviceEthereum Name Service (ENS) $ 16.32
  • chilizChiliz (CHZ) $ 0.058710
  • dydx-chaindYdX (DYDX) $ 0.844792
  • nexoNEXO (NEXO) $ 0.948211
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000025
  • axelarAxelar (AXL) $ 0.654921
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,349.40
  • mog-coinMog Coin (MOG) $ 0.000001
  • decentralandDecentraland (MANA) $ 0.275168
  • pax-goldPAX Gold (PAXG) $ 2,670.60
  • aioz-networkAIOZ Network (AIOZ) $ 0.449121
  • true-usdTrueUSD (TUSD) $ 0.995862
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.79
  • echelon-primeEchelon Prime (PRIME) $ 9.93
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,538.01
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000083
  • aleoALEO (ALEO) $ 4.55
  • apecoinApeCoin (APE) $ 0.686995
  • superfarmSuperVerse (SUPER) $ 1.02
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,348.53
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 142.75
  • oasis-networkOasis (ROSE) $ 0.066176
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.06
  • zksyncZKsync (ZK) $ 0.119090
  • havvenSynthetix Network (SNX) $ 1.33
  • layerzeroLayerZero (ZRO) $ 3.92
  • xdce-crowd-saleXDC Network (XDC) $ 0.029122
  • astarAstar (ASTR) $ 0.059205
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 61,233.00
  • dexeDeXe (DEXE) $ 7.48
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.004801
  • raydiumRaydium (RAY) $ 1.60
  • frax-etherFrax Ether (FRXETH) $ 2,342.40
  • l2-standard-bridged-weth-blastL2 Standard Bridged WETH (Blast) (WETH) $ 2,349.31
  • livepeerLivepeer (LPT) $ 11.85
  • usdbUSDB (USDB) $ 1.01
  • book-of-memeBOOK OF MEME (BOME) $ 0.005925
  • apenftAPENFT (NFT) $ 0.00000041
  • iotaIOTA (IOTA) $ 0.117329
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • metaplexMetaplex (MPLX) $ 0.405201
  • theta-fuelTheta Fuel (TFUEL) $ 0.059504
  • gnosisGnosis (GNO) $ 149.67
  • safeSafe (SAFE) $ 0.792398
  • bitcoin-goldBitcoin Gold (BTG) $ 22.10
  • zcashZcash (ZEC) $ 25.58
  • beldexBeldex (BDX) $ 0.057734
  • neiro-3Neiro (NEIRO) $ 0.000903
  • compound-governance-tokenCompound (COMP) $ 42.75
  • blurBlur (BLUR) $ 0.194392
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • arkhamArkham (ARKM) $ 1.31
  • osmosisOsmosis (OSMO) $ 0.518054
  • celoCelo (CELO) $ 0.644853
  • stepnGMT (GMT) $ 0.122572
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,346.99
  • pepecoin-2PepeCoin (PEPECOIN) $ 2.85
  • dogs-2Dogs (DOGS) $ 0.000662
  • bitcoin-avalanche-bridged-btc-bBitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 60,758.00
  • turboTurbo (TURBO) $ 0.004885
  • kavaKava (KAVA) $ 0.310300
  • iotexIoTeX (IOTX) $ 0.035134
  • safepalSafePal (SFP) $ 0.673601
  • wemix-tokenWEMIX (WEMIX) $ 0.794536
  • super-oethSuper OETH (SUPEROETHB) $ 2,344.46
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 60,796.00
  • ethereum-pow-iouEthereumPoW (ETHW) $ 2.97
  • ultimaUltima (ULTIMA) $ 7,775.32
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006100
  • 1inch1inch (1INCH) $ 0.246598
  • golemGolem (GLM) $ 0.311933
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.003114
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 2,577.55
  • curve-dao-tokenCurve DAO (CRV) $ 0.256464
  • swethSwell Ethereum (SWETH) $ 2,512.83

Bitcoin Price Faces Potential Dive: Key Support Levels to Monitor

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Bitcoin price failed to recover above the $62,500 resistance zone. BTC is showing bearish signs and might decline again below the $60,000 support.

  • Bitcoin struggled to recover above the $62,200 and $62,500 levels.
  • The price is trading below $62,000 and the 100 hourly Simple moving average.
  • There is a major bearish trend line forming with resistance at $61,850 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair might start another decline unless there is a close above the $62,000 resistance zone.

Bitcoin Price Remains At Risk

Bitcoin price started a recovery wave above the $61,200 zone. BTC even attempted a move above the $62,000 resistance zone. However, the bears were active near the $62,500 zone.

A high was formed at $62,454 and the price is now moving lower. There was a move below the $61,500 level. The price declined below the 23.6% Fib retracement level of the upward move from the $58,448 swing low to the $62,454 high.

Bitcoin price is trading below $62,000 and the 100 hourly Simple moving average. There is also a major bearish trend line forming with resistance at $61,850 on the hourly chart of the BTC/USD pair.

The price is now stable above the 50% Fib retracement level of the upward move from the $58,448 swing low to the $62,454 high. If there is another increase, the price could face resistance near the $61,500 level. The first key resistance is near the $61,850 level and the trend line.

Bitcoin Price Faces Potential Dive: Key Support Levels to Monitor

The next key resistance could be $62,000. A clear move above the $62,000 resistance might start a steady increase and send the price higher. In the stated case, the price could rise and test the $62,500 resistance. Any more gains might send BTC toward the $63,500 resistance in the near term.

More Losses In BTC?

If Bitcoin fails to climb above the $62,000 resistance zone, it could start another decline. Immediate support on the downside is near the $60,450 level.

The first major support is $60,000. The next support is now forming near $59,500. Any more losses might send the price toward the $58,500 support zone in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $60,500, followed by $60,000.

Major Resistance Levels – $62,000, and $62,500.

Source

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