• bitcoinBitcoin (BTC) $ 96,500.00
  • ethereumEthereum (ETH) $ 2,657.25
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.43
  • solanaSolana (SOL) $ 201.36
  • bnbBNB (BNB) $ 626.25
  • usd-coinUSDC (USDC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.254110
  • staked-etherLido Staked Ether (STETH) $ 2,650.93
  • cardanoCardano (ADA) $ 0.695283
  • tronTRON (TRX) $ 0.237005
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,332.00
  • chainlinkChainlink (LINK) $ 18.81
  • wrapped-stethWrapped stETH (WSTETH) $ 3,161.94
  • avalanche-2Avalanche (AVAX) $ 25.19
  • stellarStellar (XLM) $ 0.323558
  • the-open-networkToncoin (TON) $ 3.82
  • suiSui (SUI) $ 3.07
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • leo-tokenLEO Token (LEO) $ 9.83
  • hedera-hashgraphHedera (HBAR) $ 0.235250
  • usdsUSDS (USDS) $ 1.00
  • litecoinLitecoin (LTC) $ 108.81
  • hyperliquidHyperliquid (HYPE) $ 23.25
  • bitget-tokenBitget Token (BGB) $ 6.42
  • wethWETH (WETH) $ 2,657.35
  • polkadotPolkadot (DOT) $ 4.83
  • bitcoin-cashBitcoin Cash (BCH) $ 328.33
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • mantra-daoMANTRA (OM) $ 5.87
  • uniswapUniswap (UNI) $ 9.28
  • wrapped-eethWrapped eETH (WEETH) $ 2,810.49
  • ondo-financeOndo (ONDO) $ 1.34
  • pepePepe (PEPE) $ 0.000010
  • moneroMonero (XMR) $ 219.20
  • whitebitWhiteBIT Coin (WBT) $ 27.23
  • nearNEAR Protocol (NEAR) $ 3.28
  • aaveAave (AAVE) $ 245.68
  • mantleMantle (MNT) $ 1.03
  • daiDai (DAI) $ 0.999904
  • aptosAptos (APT) $ 5.91
  • internet-computerInternet Computer (ICP) $ 7.04
  • official-trumpOfficial Trump (TRUMP) $ 16.74
  • susdssUSDS (SUSDS) $ 1.04
  • ethereum-classicEthereum Classic (ETC) $ 20.34
  • bittensorBittensor (TAO) $ 362.22
  • okbOKB (OKB) $ 47.08
  • gatechain-tokenGate (GT) $ 21.26
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.310469
  • vechainVeChain (VET) $ 0.032749
  • crypto-com-chainCronos (CRO) $ 0.094495
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,516.00
  • algorandAlgorand (ALGO) $ 0.276682
  • kaspaKaspa (KAS) $ 0.088285
  • tokenize-xchangeTokenize Xchange (TKX) $ 28.02
  • render-tokenRender (RENDER) $ 4.33
  • jupiter-exchange-solanaJupiter (JUP) $ 0.839181
  • filecoinFilecoin (FIL) $ 3.35
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999339
  • cosmosCosmos Hub (ATOM) $ 4.63
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.766109
  • arbitrumArbitrum (ARB) $ 0.457079
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 96,505.00
  • fasttokenFasttoken (FTN) $ 3.93
  • celestiaCelestia (TIA) $ 3.09
  • binance-staked-solBinance Staked SOL (BNSOL) $ 207.59
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,650.62
  • ethenaEthena (ENA) $ 0.491528
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,744.14
  • kucoin-sharesKuCoin (KCS) $ 12.20
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 96,098.00
  • optimismOptimism (OP) $ 1.08
  • xdce-crowd-saleXDC Network (XDC) $ 0.091613
  • raydiumRaydium (RAY) $ 4.89
  • immutable-xImmutable (IMX) $ 0.816449
  • blockstackStacks (STX) $ 0.909779
  • bonkBonk (BONK) $ 0.000018
  • lido-daoLido DAO (LDO) $ 1.52
  • injective-protocolInjective (INJ) $ 13.73
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,980.24
  • nexoNEXO (NEXO) $ 1.32
  • sonic-3Sonic (prev. FTM) (S) $ 0.415250
  • theta-tokenTheta Network (THETA) $ 1.32
  • movementMovement (MOVE) $ 0.545958
  • the-graphThe Graph (GRT) $ 0.133048
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,805.02
  • flare-networksFlare (FLR) $ 0.021375
  • worldcoin-wldWorldcoin (WLD) $ 1.24
  • dexeDeXe (DEXE) $ 20.73
  • usual-usdUsual USD (USD0) $ 0.997630
  • jasmycoinJasmyCoin (JASMY) $ 0.022630
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 95,527.00
  • sei-networkSei (SEI) $ 0.229145
  • msolMarinade Staked SOL (MSOL) $ 254.58
  • galaGALA (GALA) $ 0.022138
  • the-sandboxThe Sandbox (SAND) $ 0.386668
  • eosEOS (EOS) $ 0.612882
  • flokiFLOKI (FLOKI) $ 0.000095
  • tezosTezos (XTZ) $ 0.894469
  • bittorrentBitTorrent (BTT) $ 0.00000087
  • ethereum-name-serviceEthereum Name Service (ENS) $ 25.43
  • chain-2Onyxcoin (XCN) $ 0.025734
  • ultimaUltima (ULTIMA) $ 19,146.06
  • iotaIOTA (IOTA) $ 0.222898
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 217.88
  • makerMaker (MKR) $ 904.82
  • flowFlow (FLOW) $ 0.504917
  • bitcoin-svBitcoin SV (BSV) $ 39.54
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 96,332.00
  • kaiaKaia (KAIA) $ 0.131367
  • neoNEO (NEO) $ 10.74
  • wbnbWrapped BNB (WBNB) $ 625.02
  • usddUSDD (USDD) $ 1.00
  • jito-governance-tokenJito (JTO) $ 2.55
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.15
  • pyth-networkPyth Network (PYTH) $ 0.196539
  • tether-goldTether Gold (XAUT) $ 2,863.57
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,749.55
  • dogwifcoindogwifhat (WIF) $ 0.696670
  • roninRonin (RON) $ 1.09
  • axie-infinityAxie Infinity (AXS) $ 4.25
  • curve-dao-tokenCurve DAO (CRV) $ 0.516356
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.253876
  • fraxFrax (FRAX) $ 0.997612
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,803.97
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010250
  • aerodrome-financeAerodrome Finance (AERO) $ 0.827298
  • elrond-erd-2MultiversX (EGLD) $ 22.43
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.999941
  • starknetStarknet (STRK) $ 0.240566
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,655.74
  • meowMEOW (MEOW) $ 0.006867
  • arweaveArweave (AR) $ 9.24
  • decentralandDecentraland (MANA) $ 0.323073
  • heliumHelium (HNT) $ 3.41
  • berachain-beraBerachain (BERA) $ 5.57
  • pax-goldPAX Gold (PAXG) $ 2,889.70
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,654.83
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • spx6900SPX6900 (SPX) $ 0.612030
  • pumpbtcpumpBTC (PUMPBTC) $ 93,907.00
  • matic-networkPolygon (MATIC) $ 0.310587
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,657.25
  • dydx-chaindYdX (DYDX) $ 0.758891
  • chilizChiliz (CHZ) $ 0.059003
  • resolv-usrResolv USR (USR) $ 1.00
  • conflux-tokenConflux (CFX) $ 0.110956
  • beldexBeldex (BDX) $ 0.077047
  • telcoinTelcoin (TEL) $ 0.006831
  • beam-2Beam (BEAM) $ 0.010054
  • pendlePendle (PENDLE) $ 3.21
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.81
  • ecasheCash (XEC) $ 0.000026
  • zcashZcash (ZEC) $ 32.41
  • fartcoinFartcoin (FARTCOIN) $ 0.516256
  • insurance-2INSURANCE (INSURANCE) $ 27.43
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 96,448.00
  • coredaoorgCore (CORE) $ 0.533474
  • apecoinApeCoin (APE) $ 0.694652
  • wormholeWormhole (W) $ 0.174627
  • kavaKava (KAVA) $ 0.459107
  • true-usdTrueUSD (TUSD) $ 0.998349
  • akash-networkAkash Network (AKT) $ 1.96
  • clbtcclBTC (CLBTC) $ 96,561.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008737
  • chex-tokenCHEX Token (CHEX) $ 0.481304
  • amp-tokenAmp (AMP) $ 0.005670
  • aioz-networkAIOZ Network (AIOZ) $ 0.406363
  • tbtctBTC (TBTC) $ 96,248.00
  • based-brettBrett (BRETT) $ 0.046492
  • compound-governance-tokenCompound (COMP) $ 51.76
  • gnosisGnosis (GNO) $ 176.79
  • morphoMorpho (MORPHO) $ 2.06
  • apenftAPENFT (NFT) $ 0.00000045
  • quantixaiQuantixAI (QAI) $ 84.50
  • deepDeepBook (DEEP) $ 0.175471
  • thorchainTHORChain (RUNE) $ 1.22
  • mina-protocolMina Protocol (MINA) $ 0.348403
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,617.82
  • super-oethSuper OETH (SUPEROETHB) $ 2,657.75
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • usdbUSDB (USDB) $ 1.01
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,896.14
  • eigenlayerEigenlayer (EIGEN) $ 1.70
  • zksyncZKsync (ZK) $ 0.108859
  • olympusOlympus (OHM) $ 24.29
  • newton-projectNewton Project (NEW) $ 0.009253
  • axelarAxelar (AXL) $ 0.428168
  • ai16zai16z (AI16Z) $ 0.350745
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000070
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.912531
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.07
  • ai-companionsAI Companions (AIC) $ 0.377605
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,655.20
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 34.21
  • 1inch1inch (1INCH) $ 0.260331
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 96,727.00
  • echelon-primeEchelon Prime (PRIME) $ 6.56
  • stader-ethxStader ETHx (ETHX) $ 2,789.38

Bitcoin Price Retreats After Fresh ATH: A Pause Before the Next Surge?

0 18

Bitcoin price started a short-term downside correction after setting a new all-time high. BTC is consolidating above $101,000 and might aim for a fresh increase.

  • Bitcoin started a downside correction from the $109,000 zone.
  • The price is trading below $104,500 and the 100 hourly Simple moving average.
  • There is a connecting bearish trend line forming with resistance at $104,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start another increase if it stays above the $100,000 support zone.

Bitcoin Price Sets New ATH

Bitcoin price started a decent upward move above the $102,000 zone. BTC was able to climb above the $104,500 and $103,800 levels.

The bulls even pushed the price above the $107,000 level. The price traded to a new all-time high at $109,112 and recently there was a downside correction. There was a drop below the $104,500 and $103,500 levels. The price even dipped below $102,000.

A low was formed at $100,114 and the price is now rising. There was a move toward the 23.6% Fib retracement level of the recent decline from the $109,112 swing high to the $100,114 low.

Bitcoin price is now trading below $104,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $104,000 level. Besides, there is a connecting bearish trend line forming with resistance at $104,000 on the hourly chart of the BTC/USD pair.

The first key resistance is near the $104,500 level or the 50% Fib retracement level of the recent decline from the $109,112 swing high to the $100,114 low.

Bitcoin Price Retreats After Fresh ATH: A Pause Before the Next Surge?

A clear move above the $104,500 resistance might send the price higher. The next key resistance could be $106,500. A close above the $106,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,000 resistance level. Any more gains might send the price toward the $109,500 level.

More Losses In BTC?

If Bitcoin fails to rise above the $104,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $100,500 level. The first major support is near the $100,000 level.

The next support is now near the $98,800 zone. Any more losses might send the price toward the $96,500 support in the near term.

Technical indicators:

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

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

Major Support Levels – $100,500, followed by $100,000.

Major Resistance Levels – $104,000 and $105,500.

Source

Leave A Reply

Your email address will not be published.