• bitcoinBitcoin (BTC) $ 65,220.00
  • ethereumEthereum (ETH) $ 3,538.18
  • tetherTether (USDT) $ 0.999778
  • bnbBNB (BNB) $ 603.15
  • solanaSolana (SOL) $ 139.73
  • staked-etherLido Staked Ether (STETH) $ 3,536.04
  • usd-coinUSDC (USDC) $ 0.999082
  • xrpXRP (XRP) $ 0.490803
  • dogecoinDogecoin (DOGE) $ 0.125331
  • the-open-networkToncoin (TON) $ 6.96
  • cardanoCardano (ADA) $ 0.391918
  • shiba-inuShiba Inu (SHIB) $ 0.000019
  • avalanche-2Avalanche (AVAX) $ 27.31
  • tronTRON (TRX) $ 0.116929
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 65,308.00
  • chainlinkChainlink (LINK) $ 14.38
  • polkadotPolkadot (DOT) $ 5.95
  • uniswapUniswap (UNI) $ 10.37
  • bitcoin-cashBitcoin Cash (BCH) $ 395.34
  • litecoinLitecoin (LTC) $ 73.94
  • wrapped-eethWrapped eETH (WEETH) $ 3,682.04
  • nearNEAR Protocol (NEAR) $ 4.98
  • matic-networkPolygon (MATIC) $ 0.575004
  • leo-tokenLEO Token (LEO) $ 5.72
  • daiDai (DAI) $ 0.998972
  • pepePepe (PEPE) $ 0.000012
  • internet-computerInternet Computer (ICP) $ 8.31
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,548.77
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • kaspaKaspa (KAS) $ 0.146487
  • ethereum-classicEthereum Classic (ETC) $ 23.80
  • fetch-aiFetch.ai (FET) $ 1.31
  • aptosAptos (APT) $ 7.01
  • moneroMonero (XMR) $ 169.16
  • render-tokenRender (RNDR) $ 7.85
  • hedera-hashgraphHedera (HBAR) $ 0.081627
  • mantleMantle (MNT) $ 0.828126
  • stellarStellar (XLM) $ 0.092570
  • cosmosCosmos Hub (ATOM) $ 6.82
  • okbOKB (OKB) $ 42.95
  • crypto-com-chainCronos (CRO) $ 0.094100
  • filecoinFilecoin (FIL) $ 4.45
  • blockstackStacks (STX) $ 1.70
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999332
  • arbitrumArbitrum (ARB) $ 0.820183
  • immutable-xImmutable (IMX) $ 1.56
  • makerMaker (MKR) $ 2,457.27
  • optimismOptimism (OP) $ 1.94
  • bittensorBittensor (TAO) $ 304.61
  • lido-daoLido DAO (LDO) $ 2.37
  • the-graphThe Graph (GRT) $ 0.218636
  • dogwifcoindogwifhat (WIF) $ 2.08
  • injective-protocolInjective (INJ) $ 21.00
  • suiSui (SUI) $ 0.826643
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,927.14
  • vechainVeChain (VET) $ 0.026343
  • arweaveArweave (AR) $ 28.58
  • ondo-financeOndo (ONDO) $ 1.21
  • flokiFLOKI (FLOKI) $ 0.000177
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,661.05
  • bitget-tokenBitget Token (BGB) $ 1.16
  • notcoinNotcoin (NOT) $ 0.015691
  • jasmycoinJasmyCoin (JASMY) $ 0.032477
  • fantomFantom (FTM) $ 0.555886
  • based-brettBrett (BRETT) $ 0.154800
  • theta-tokenTheta Network (THETA) $ 1.49
  • bonkBonk (BONK) $ 0.000022
  • thorchainTHORChain (RUNE) $ 4.18
  • whitebitWhiteBIT Coin (WBT) $ 9.52
  • aaveAave (AAVE) $ 87.44
  • celestiaCelestia (TIA) $ 6.51
  • eosEOS (EOS) $ 0.575578
  • coredaoorgCore (CORE) $ 1.32
  • quant-networkQuant (QNT) $ 78.15
  • cheeleeCheelee (CHEEL) $ 19.66
  • pyth-networkPyth Network (PYTH) $ 0.313814
  • algorandAlgorand (ALGO) $ 0.138320
  • ethenaEthena (ENA) $ 0.653712
  • sei-networkSei (SEI) $ 0.356634
  • flare-networksFlare (FLR) $ 0.025265
  • gatechain-tokenGate (GT) $ 8.20
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,576.40
  • jupiter-exchange-solanaJupiter (JUP) $ 0.755114
  • galaGALA (GALA) $ 0.028131
  • starknetStarknet (STRK) $ 0.737758
  • beam-2Beam (BEAM) $ 0.019415
  • kucoin-sharesKuCoin (KCS) $ 9.89
  • flowFlow (FLOW) $ 0.619781
  • zebec-protocolZebec Protocol (ZBC) $ 0.018095
  • pendlePendle (PENDLE) $ 5.73
  • tokenize-xchangeTokenize Xchange (TKX) $ 10.91
  • bitcoin-svBitcoin SV (BSV) $ 44.10
  • axie-infinityAxie Infinity (AXS) $ 5.93
  • dydx-chaindYdX (DYDX) $ 1.45
  • bittorrentBitTorrent (BTT) $ 0.00000088
  • gnosisGnosis (GNO) $ 324.83
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.76
  • zksyncZKsync (ZK) $ 0.227081
  • elrond-erd-2MultiversX (EGLD) $ 30.30
  • ordinalsORDI (ORDI) $ 38.50
  • neoNEO (NEO) $ 11.35
  • roninRonin (RON) $ 2.39
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,535.70
  • tezosTezos (XTZ) $ 0.771921
  • msolMarinade Staked SOL (MSOL) $ 167.96
  • the-sandboxThe Sandbox (SAND) $ 0.322843
  • usddUSDD (USDD) $ 0.998626
  • chilizChiliz (CHZ) $ 0.081533
  • akash-networkAkash Network (AKT) $ 2.98
  • nexoNEXO (NEXO) $ 1.28
  • fasttokenFasttoken (FTN) $ 2.21
  • singularitynetSingularityNET (AGIX) $ 0.543444
  • worldcoin-wldWorldcoin (WLD) $ 2.84
  • frax-etherFrax Ether (FRXETH) $ 3,532.68
  • wormholeWormhole (W) $ 0.375429
  • havvenSynthetix Network (SNX) $ 2.01
  • lido-staked-solLido Staked SOL (STSOL) $ 166.63
  • oasis-networkOasis Network (ROSE) $ 0.096747
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,799.30
  • fraxFrax (FRAX) $ 0.996497
  • dexeDeXe (DEXE) $ 11.25
  • mina-protocolMina Protocol (MINA) $ 0.566791
  • ecasheCash (XEC) $ 0.000032
  • conflux-tokenConflux (CFX) $ 0.152172
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.006162
  • decentralandDecentraland (MANA) $ 0.332011
  • swethSwell Ethereum (SWETH) $ 3,743.49
  • livepeerLivepeer (LPT) $ 18.80
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.31
  • klay-tokenKlaytn (KLAY) $ 0.163966
  • book-of-memeBOOK OF MEME (BOME) $ 0.008667
  • heliumHelium (HNT) $ 3.51
  • rocket-poolRocket Pool (RPL) $ 28.50
  • aioz-networkAIOZ Network (AIOZ) $ 0.535336
  • apecoinApeCoin (APE) $ 0.933019
  • tether-goldTether Gold (XAUT) $ 2,332.12
  • mantra-daoMANTRA (OM) $ 0.696084
  • iotaIOTA (IOTA) $ 0.171866
  • safeSafe (SAFE) $ 1.30
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,856.63
  • 1inch1inch (1INCH) $ 0.432288
  • xdce-crowd-saleXDC Network (XDC) $ 0.034429
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000092
  • kavaKava (KAVA) $ 0.463063
  • true-usdTrueUSD (TUSD) $ 0.995788
  • illuviumIlluvium (ILV) $ 74.01
  • nervos-networkNervos Network (CKB) $ 0.010938
  • theta-fuelTheta Fuel (TFUEL) $ 0.070035
  • stader-ethxStader ETHx (ETHX) $ 3,640.53
  • axelarAxelar (AXL) $ 0.655171
  • blurBlur (BLUR) $ 0.267621
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.086863
  • curve-dao-tokenCurve DAO (CRV) $ 0.350211
  • iotexIoTeX (IOTX) $ 0.045923
  • bitcoin-goldBitcoin Gold (BTG) $ 24.60
  • pax-goldPAX Gold (PAXG) $ 2,314.58
  • corgiaiCorgiAI (CORGIAI) $ 0.001255
  • apenftAPENFT (NFT) $ 0.00000043
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.02
  • woo-networkWOO (WOO) $ 0.217079
  • magaMAGA (TRUMP) $ 8.94
  • aevo-exchangeAevo (AEVO) $ 0.489837
  • pepecoin-2PepeCoin (PEPECOIN) $ 3.48
  • echelon-primeEchelon Prime (PRIME) $ 9.88
  • usdbUSDB (USDB) $ 0.997375
  • paypal-usdPayPal USD (PYUSD) $ 0.998275
  • compound-ethercETH (CETH) $ 71.26
  • raydiumRaydium (RAY) $ 1.52
  • astarAstar (ASTR) $ 0.069054
  • ether-fiEther.fi (ETHFI) $ 3.40
  • wemix-tokenWEMIX (WEMIX) $ 1.08
  • arkhamArkham (ARKM) $ 1.66
  • dydxdYdX (ETHDYDX) $ 1.44
  • aerodrome-financeAerodrome Finance (AERO) $ 0.776334
  • golemGolem (GLM) $ 0.373801
  • ioio.net (IO) $ 3.92
  • memecoin-2Memecoin (MEME) $ 0.018217
  • kusamaKusama (KSM) $ 24.43
  • mx-tokenMX (MX) $ 3.75
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.004121
  • osmosisOsmosis (OSMO) $ 0.545756
  • safepalSafePal (SFP) $ 0.777986
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000017
  • aragonAragon (ANT) $ 8.93
  • ocean-protocolOcean Protocol (OCEAN) $ 0.550866
  • polymeshPolymesh (POLYX) $ 0.334850
  • compound-governance-tokenCompound (COMP) $ 50.20
  • stepnGMT (GMT) $ 0.163369
  • radixRadix (XRD) $ 0.032679
  • manta-networkManta Network (MANTA) $ 1.02
  • mog-coinMog Coin (MOG) $ 0.00000091
  • compound-wrapped-btccWBTC (CWBTC) $ 1,311.64
  • zilliqaZilliqa (ZIL) $ 0.017339
  • holotokenHolo (HOT) $ 0.001810
  • celoCelo (CELO) $ 0.588602
  • superfarmSuperVerse (SUPER) $ 0.699588
  • zcashZcash (ZEC) $ 20.79
  • metis-tokenMetis (METIS) $ 54.83
  • ankrAnkr Network (ANKR) $ 0.030765
  • convex-financeConvex Finance (CVX) $ 3.75

Bitcoin Price Slips Lower: Slow Descent or Opportunity Ahead?

0 15

Bitcoin price extended losses and declined below the $67,200 level. BTC found support near $66,650 and now consolidating in a range.

  • Bitcoin spiked below $67,000 but the bulls are still in action.
  • The price is trading above $68,000 and the 100 hourly Simple moving average.
  • There is a key rising channel forming with resistance at $68,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could gain bullish momentum if it settles above the $68,400 level.

Bitcoin Price Stuck Below $70K

Bitcoin price extended its decline below the $67,500 level. BTC tested the $66,650 zone and recently started a recovery wave. The price traded as low as $66,652 before it climbed back above $67,500.

The bulls were able to push the price back above $68,000. It even spiked above the 50% Fib retracement level of the downward move from the $69,550 swing high to the $66,652 low. Bitcoin price is now trading above $68,000 and the 100 hourly Simple moving average.

On the upside, the price is facing resistance near the $68,200 level. There is also a key rising channel forming with resistance at $68,200 on the hourly chart of the BTC/USD pair.

The first major resistance could be $68,400 or the 61.8% Fib retracement level of the downward move from the $69,550 swing high to the $66,652 low. The next key resistance could be $68,800. A clear move above the $68,800 resistance might send the price higher.

Bitcoin Price Slips Lower: Slow Descent or Opportunity Ahead?

In the stated case, the price could rise and test the $69,500 resistance. Any more gains might send BTC toward the $70,600 resistance.

More Losses In BTC?

If Bitcoin fails to climb above the $68,400 resistance zone, it could start another decline. Immediate support on the downside is near the $67,500 level.

The first major support is $67,200. The next support is now forming near $67,000. Any more losses might send the price toward the $66,500 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 – $67,500, followed by $67,000.

Major Resistance Levels – $68,400, and $68,800.

Source

Leave A Reply

Your email address will not be published.