• bitcoinBitcoin (BTC) $ 69,759.00
  • ethereumEthereum (ETH) $ 3,727.67
  • tetherTether (USDT) $ 0.999669
  • bnbBNB (BNB) $ 613.81
  • solanaSolana (SOL) $ 177.40
  • staked-etherLido Staked Ether (STETH) $ 3,725.79
  • usd-coinUSDC (USDC) $ 1.00
  • xrpXRP (XRP) $ 0.541801
  • dogecoinDogecoin (DOGE) $ 0.167832
  • the-open-networkToncoin (TON) $ 6.39
  • cardanoCardano (ADA) $ 0.501382
  • avalanche-2Avalanche (AVAX) $ 40.85
  • shiba-inuShiba Inu (SHIB) $ 0.000026
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 69,777.00
  • tronTRON (TRX) $ 0.123551
  • polkadotPolkadot (DOT) $ 7.59
  • bitcoin-cashBitcoin Cash (BCH) $ 515.63
  • chainlinkChainlink (LINK) $ 16.74
  • nearNEAR Protocol (NEAR) $ 7.85
  • uniswapUniswap (UNI) $ 9.35
  • matic-networkPolygon (MATIC) $ 0.729766
  • litecoinLitecoin (LTC) $ 88.43
  • internet-computerInternet Computer (ICP) $ 13.59
  • fetch-aiFetch.ai (FET) $ 2.49
  • leo-tokenLEO Token (LEO) $ 6.00
  • pepePepe (PEPE) $ 0.000013
  • daiDai (DAI) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 31.38
  • wrapped-eethWrapped eETH (WEETH) $ 3,874.44
  • render-tokenRender (RNDR) $ 10.99
  • hedera-hashgraphHedera (HBAR) $ 0.115277
  • aptosAptos (APT) $ 9.23
  • immutable-xImmutable (IMX) $ 2.52
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,671.00
  • cosmosCosmos Hub (ATOM) $ 8.85
  • filecoinFilecoin (FIL) $ 6.21
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998467
  • mantleMantle (MNT) $ 1.04
  • crypto-com-chainCronos (CRO) $ 0.125464
  • stellarStellar (XLM) $ 0.113016
  • the-graphThe Graph (GRT) $ 0.341253
  • blockstackStacks (STX) $ 2.19
  • arbitrumArbitrum (ARB) $ 1.19
  • kaspaKaspa (KAS) $ 0.131266
  • optimismOptimism (OP) $ 2.83
  • okbOKB (OKB) $ 51.25
  • arweaveArweave (AR) $ 44.40
  • bittensorBittensor (TAO) $ 422.90
  • makerMaker (MKR) $ 3,058.14
  • dogwifcoindogwifhat (WIF) $ 2.72
  • suiSui (SUI) $ 1.14
  • vechainVeChain (VET) $ 0.036463
  • injective-protocolInjective (INJ) $ 27.90
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • theta-tokenTheta Network (THETA) $ 2.54
  • fantomFantom (FTM) $ 0.885455
  • moneroMonero (XMR) $ 135.67
  • thorchainTHORChain (RUNE) $ 6.70
  • flokiFLOKI (FLOKI) $ 0.000221
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,133.09
  • bonkBonk (BONK) $ 0.000031
  • lido-daoLido DAO (LDO) $ 2.21
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,849.18
  • celestiaCelestia (TIA) $ 9.72
  • galaGALA (GALA) $ 0.043423
  • sei-networkSei (SEI) $ 0.571916
  • pyth-networkPyth Network (PYTH) $ 0.455339
  • coredaoorgCore (CORE) $ 1.81
  • jupiter-exchange-solanaJupiter (JUP) $ 1.19
  • bitget-tokenBitget Token (BGB) $ 1.13
  • algorandAlgorand (ALGO) $ 0.188806
  • flowFlow (FLOW) $ 0.967050
  • whitebitWhiteBIT Coin (WBT) $ 10.03
  • aaveAave (AAVE) $ 96.83
  • quant-networkQuant (QNT) $ 98.64
  • starknetStarknet (STRK) $ 1.22
  • beam-2Beam (BEAM) $ 0.028050
  • bitcoin-svBitcoin SV (BSV) $ 69.97
  • ondo-financeOndo (ONDO) $ 0.933686
  • akash-networkAkash Network (AKT) $ 5.81
  • singularitynetSingularityNET (AGIX) $ 1.04
  • ethenaEthena (ENA) $ 0.870491
  • bittorrentBitTorrent (BTT) $ 0.000001
  • dydx-chaindYdX (DYDX) $ 2.13
  • tokenize-xchangeTokenize Xchange (TKX) $ 14.48
  • flare-networksFlare (FLR) $ 0.028366
  • cheeleeCheelee (CHEEL) $ 20.28
  • axie-infinityAxie Infinity (AXS) $ 7.93
  • neoNEO (NEO) $ 15.95
  • elrond-erd-2MultiversX (EGLD) $ 41.52
  • chilizChiliz (CHZ) $ 0.125069
  • worldcoin-wldWorldcoin (WLD) $ 5.02
  • gatechain-tokenGate (GT) $ 8.20
  • msolMarinade Staked SOL (MSOL) $ 210.85
  • the-sandboxThe Sandbox (SAND) $ 0.468716
  • ecasheCash (XEC) $ 0.000053
  • wormholeWormhole (W) $ 0.573368
  • zebec-protocolZebec Protocol (ZBC) $ 0.020150
  • eosEOS (EOS) $ 0.872153
  • roninRonin (RON) $ 3.07
  • jasmycoinJasmyCoin (JASMY) $ 0.020457
  • tezosTezos (XTZ) $ 0.997100
  • kucoin-sharesKuCoin (KCS) $ 10.13
  • conflux-tokenConflux (CFX) $ 0.239388
  • pendlePendle (PENDLE) $ 6.27
  • havvenSynthetix Network (SNX) $ 2.95
  • safeSafe (SAFE) $ 2.26
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,754.49
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,722.59
  • mina-protocolMina Protocol (MINA) $ 0.839747
  • aioz-networkAIOZ Network (AIOZ) $ 0.838548
  • ordinalsORDI (ORDI) $ 43.00
  • gnosisGnosis (GNO) $ 345.19
  • decentralandDecentraland (MANA) $ 0.468899
  • ribbon-financeRibbon Finance (RBN) $ 0.895763
  • book-of-memeBOOK OF MEME (BOME) $ 0.012287
  • heliumHelium (HNT) $ 4.98
  • apecoinApeCoin (APE) $ 1.31
  • lido-staked-solLido Staked SOL (STSOL) $ 210.19
  • nexoNEXO (NEXO) $ 1.44
  • echelon-primeEchelon Prime (PRIME) $ 19.68
  • iotaIOTA (IOTA) $ 0.232587
  • kavaKava (KAVA) $ 0.702248
  • nervos-networkNervos Network (CKB) $ 0.017096
  • frax-etherFrax Ether (FRXETH) $ 3,725.19
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.85
  • usddUSDD (USDD) $ 0.996428
  • theta-fuelTheta Fuel (TFUEL) $ 0.109964
  • klay-tokenKlaytn (KLAY) $ 0.188626
  • dexeDeXe (DEXE) $ 12.19
  • swethSwell Ethereum (SWETH) $ 3,924.01
  • livepeerLivepeer (LPT) $ 21.22
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,982.32
  • ocean-protocolOcean Protocol (OCEAN) $ 1.04
  • blurBlur (BLUR) $ 0.417073
  • bitcoin-goldBitcoin Gold (BTG) $ 38.24
  • axelarAxelar (AXL) $ 1.00
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.26
  • fraxFrax (FRAX) $ 0.997260
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000031
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000110
  • woo-networkWOO (WOO) $ 0.340817
  • oasis-networkOasis Network (ROSE) $ 0.092777
  • fasttokenFasttoken (FTN) $ 1.97
  • mantra-daoMANTRA (OM) $ 0.741039
  • illuviumIlluvium (ILV) $ 94.40
  • tether-goldTether Gold (XAUT) $ 2,423.78
  • dydxdYdX (ETHDYDX) $ 2.13
  • osmosisOsmosis (OSMO) $ 0.895485
  • curve-dao-tokenCurve DAO (CRV) $ 0.485221
  • notcoinNotcoin (NOT) $ 0.005759
  • pepecoin-2PepeCoin (PEPECOIN) $ 5.10
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 4,043.90
  • golemGolem (GLM) $ 0.565000
  • arkhamArkham (ARKM) $ 2.51
  • astarAstar (ASTR) $ 0.095139
  • xdce-crowd-saleXDC Network (XDC) $ 0.035994
  • wemix-tokenWEMIX (WEMIX) $ 1.49
  • aerodrome-financeAerodrome Finance (AERO) $ 1.14
  • enjincoinEnjin Coin (ENJ) $ 0.354565
  • jito-governance-tokenJito (JTO) $ 4.18
  • true-usdTrueUSD (TUSD) $ 0.999792
  • iotexIoTeX (IOTX) $ 0.054046
  • memecoin-2Memecoin (MEME) $ 0.027392
  • superfarmSuperVerse (SUPER) $ 1.12
  • raydiumRaydium (RAY) $ 1.92
  • 1inch1inch (1INCH) $ 0.432061
  • celoCelo (CELO) $ 0.909371
  • ether-fiEther.fi (ETHFI) $ 4.23
  • skaleSKALE (SKL) $ 0.093283
  • 0x0x Protocol (ZRX) $ 0.571966
  • apenftAPENFT (NFT) $ 0.00000049
  • dymensionDymension (DYM) $ 2.80
  • stader-ethxStader ETHx (ETHX) $ 3,830.27
  • radixRadix (XRD) $ 0.045442
  • ankrAnkr Network (ANKR) $ 0.046752
  • stepnGMT (GMT) $ 0.231029
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.12
  • mx-tokenMX (MX) $ 4.65
  • polymeshPolymesh (POLYX) $ 0.434394
  • zilliqaZilliqa (ZIL) $ 0.024840
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009013
  • altlayerAltLayer (ALT) $ 0.333343
  • based-brettBrett (BRETT) $ 0.053883
  • venomVenom (VENOM) $ 0.272033
  • compound-ethercETH (CETH) $ 74.87
  • pax-goldPAX Gold (PAXG) $ 2,410.65
  • metis-tokenMetis (METIS) $ 78.21
  • arcblockArcblock (ABT) $ 4.49
  • ravencoinRavencoin (RVN) $ 0.031557
  • zetachainZetaChain (ZETA) $ 1.63
  • holotokenHolo (HOT) $ 0.002432
  • rocket-poolRocket Pool (RPL) $ 21.18
  • nosanaNosana (NOS) $ 5.17
  • compound-governance-tokenCompound (COMP) $ 62.45
  • siacoinSiacoin (SC) $ 0.007439
  • project-galaxyGalxe (GAL) $ 3.67
  • terra-luna-2Terra (LUNA) $ 0.608480
  • biconomyBiconomy (BICO) $ 0.534614
  • qtumQtum (QTUM) $ 3.93

Bitcoin Price Gearing For Another Lift-Off to $72.5K: Dips Turn Attractive

0 30

Bitcoin price found support near $67,500. BTC started a fresh increase and might soon revisit the $72,500 resistance zone in the near term.

  • Bitcoin retested the $67,500 support zone before it started a fresh increase.
  • The price is trading above $70,000 and the 100 hourly Simple moving average.
  • There was a break above a key bearish trend line with resistance at $69,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could gain bullish momentum if it clears the $71,400 resistance zone.

Bitcoin Price Holds Support

Bitcoin price saw another decline below the $70,000 zone. BTC even dived below the $68,500 level after the US CPI increased more than expected. However, the bulls were active near the $67,500 support.

A low was formed at $67,500 and the price started a fresh increase. There was a move above the $69,200 and $69,500 resistance levels. The price cleared the 50% Fib retracement level of the downward move from the $72,597 swing high to the $67,500 low.

There was a break above a key bearish trend line with resistance at $69,600 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $70,000 and the 100 hourly Simple moving average.

Immediate resistance is near the $71,400 level or the 76.4% Fib retracement level of the downward move from the $72,597 swing high to the $67,500 low. The first major resistance could be $72,500. The next resistance now sits at $72,800. If there is a clear move above the $72,800 resistance zone, the price could continue to move up.

Bitcoin Price Gearing For Another Lift-Off to $72.5K: Dips Turn Attractive

Source: BTCUSD on TradingView.com

In the stated case, the price could rise toward $73,200. The next major resistance is near the $73,500 zone. Any more gains might send Bitcoin toward the $75,000 resistance zone in the near term.

Another Decline In BTC?

If Bitcoin fails to rise above the $71,400 resistance zone, it could start another decline. Immediate support on the downside is near the $70,000 level and the 100 hourly SMA.

The first major support is $69,200. If there is a close below $69,200, the price could start a drop toward the $68,500 level. Any more losses might send the price toward the $67,500 support zone in the near term.

Technical indicators:

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

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

Major Support Levels – $70,000, followed by $69,200.

Major Resistance Levels – $71,400, $72,500, and $73,500.

Source

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