• bitcoinBitcoin (BTC) $ 60,786.00
  • ethereumEthereum (ETH) $ 3,354.82
  • tetherTether (USDT) $ 0.998524
  • bnbBNB (BNB) $ 566.12
  • solanaSolana (SOL) $ 148.58
  • staked-etherLido Staked Ether (STETH) $ 3,354.48
  • usd-coinUSDC (USDC) $ 0.999784
  • xrpXRP (XRP) $ 0.479100
  • the-open-networkToncoin (TON) $ 7.91
  • dogecoinDogecoin (DOGE) $ 0.121530
  • cardanoCardano (ADA) $ 0.411907
  • tronTRON (TRX) $ 0.129127
  • avalanche-2Avalanche (AVAX) $ 27.96
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 60,814.00
  • polkadotPolkadot (DOT) $ 6.36
  • chainlinkChainlink (LINK) $ 14.17
  • bitcoin-cashBitcoin Cash (BCH) $ 373.17
  • uniswapUniswap (UNI) $ 8.83
  • nearNEAR Protocol (NEAR) $ 5.35
  • litecoinLitecoin (LTC) $ 75.32
  • leo-tokenLEO Token (LEO) $ 5.83
  • matic-networkPolygon (MATIC) $ 0.558993
  • daiDai (DAI) $ 0.999891
  • wrapped-eethWrapped eETH (WEETH) $ 3,484.98
  • pepePepe (PEPE) $ 0.000011
  • kaspaKaspa (KAS) $ 0.175729
  • ethena-usdeEthena USDe (USDE) $ 0.997232
  • internet-computerInternet Computer (ICP) $ 7.65
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,389.71
  • ethereum-classicEthereum Classic (ETC) $ 22.82
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.29
  • moneroMonero (XMR) $ 168.40
  • aptosAptos (APT) $ 6.75
  • render-tokenRender (RNDR) $ 7.36
  • hedera-hashgraphHedera (HBAR) $ 0.075031
  • stellarStellar (XLM) $ 0.091739
  • cosmosCosmos Hub (ATOM) $ 6.67
  • okbOKB (OKB) $ 42.19
  • mantleMantle (MNT) $ 0.758264
  • arbitrumArbitrum (ARB) $ 0.766265
  • filecoinFilecoin (FIL) $ 4.28
  • crypto-com-chainCronos (CRO) $ 0.089757
  • blockstackStacks (STX) $ 1.61
  • makerMaker (MKR) $ 2,493.55
  • immutable-xImmutable (IMX) $ 1.54
  • injective-protocolInjective (INJ) $ 22.60
  • vechainVeChain (VET) $ 0.025934
  • dogwifcoindogwifhat (WIF) $ 2.06
  • suiSui (SUI) $ 0.794931
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998102
  • the-graphThe Graph (GRT) $ 0.204435
  • optimismOptimism (OP) $ 1.72
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,723.16
  • arweaveArweave (AR) $ 26.74
  • flokiFLOKI (FLOKI) $ 0.000176
  • bonkBonk (BONK) $ 0.000025
  • ondo-financeOndo (ONDO) $ 1.14
  • bittensorBittensor (TAO) $ 234.30
  • bitget-tokenBitget Token (BGB) $ 1.16
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,485.02
  • lido-daoLido DAO (LDO) $ 1.77
  • fantomFantom (FTM) $ 0.553423
  • theta-tokenTheta Network (THETA) $ 1.51
  • based-brettBrett (BRETT) $ 0.150661
  • whitebitWhiteBIT Coin (WBT) $ 9.66
  • thorchainTHORChain (RUNE) $ 4.10
  • jasmycoinJasmyCoin (JASMY) $ 0.027665
  • aaveAave (AAVE) $ 89.13
  • notcoinNotcoin (NOT) $ 0.012956
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,346.77
  • algorandAlgorand (ALGO) $ 0.146474
  • eosEOS (EOS) $ 0.571893
  • pyth-networkPyth Network (PYTH) $ 0.324970
  • coredaoorgCore (CORE) $ 1.28
  • quant-networkQuant (QNT) $ 78.52
  • jupiter-exchange-solanaJupiter (JUP) $ 0.844537
  • celestiaCelestia (TIA) $ 5.69
  • sei-networkSei (SEI) $ 0.332713
  • gatechain-tokenGate (GT) $ 7.79
  • flare-networksFlare (FLR) $ 0.023146
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,388.32
  • zebec-protocolZebec Protocol (ZBC) $ 0.018646
  • galaGALA (GALA) $ 0.026099
  • kucoin-sharesKuCoin (KCS) $ 9.76
  • ethereum-name-serviceEthereum Name Service (ENS) $ 29.23
  • flowFlow (FLOW) $ 0.604948
  • akash-networkAkash Network (AKT) $ 3.70
  • beam-2Beam (BEAM) $ 0.017729
  • axie-infinityAxie Infinity (AXS) $ 5.83
  • bitcoin-svBitcoin SV (BSV) $ 43.44
  • elrond-erd-2MultiversX (EGLD) $ 31.14
  • bittorrentBitTorrent (BTT) $ 0.00000086
  • tokenize-xchangeTokenize Xchange (TKX) $ 10.38
  • ethenaEthena (ENA) $ 0.480215
  • msolMarinade Staked SOL (MSOL) $ 178.86
  • starknetStarknet (STRK) $ 0.624259
  • dydx-chaindYdX (DYDX) $ 1.32
  • neoNEO (NEO) $ 11.24
  • ordinalsORDI (ORDI) $ 36.67
  • tezosTezos (XTZ) $ 0.779581
  • usddUSDD (USDD) $ 0.998483
  • the-sandboxThe Sandbox (SAND) $ 0.320436
  • gnosisGnosis (GNO) $ 278.72
  • conflux-tokenConflux (CFX) $ 0.169984
  • fasttokenFasttoken (FTN) $ 2.21
  • lido-staked-solLido Staked SOL (STSOL) $ 176.83
  • mantra-daoMANTRA (OM) $ 0.818427
  • oasis-networkOasis Network (ROSE) $ 0.099784
  • roninRonin (RON) $ 2.00
  • zksyncZKsync (ZK) $ 0.179485
  • nexoNEXO (NEXO) $ 1.18
  • frax-etherFrax Ether (FRXETH) $ 3,348.63
  • chilizChiliz (CHZ) $ 0.073108
  • singularitynetSingularityNET (AGIX) $ 0.554287
  • wormholeWormhole (W) $ 0.360923
  • fraxFrax (FRAX) $ 0.995955
  • book-of-memeBOOK OF MEME (BOME) $ 0.009339
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,604.97
  • havvenSynthetix Network (SNX) $ 1.93
  • pendlePendle (PENDLE) $ 4.08
  • heliumHelium (HNT) $ 3.76
  • decentralandDecentraland (MANA) $ 0.335671
  • ecasheCash (XEC) $ 0.000031
  • mina-protocolMina Protocol (MINA) $ 0.528650
  • safeSafe (SAFE) $ 1.40
  • dexeDeXe (DEXE) $ 10.34
  • aioz-networkAIOZ Network (AIOZ) $ 0.535159
  • swethSwell Ethereum (SWETH) $ 3,552.23
  • tether-goldTether Gold (XAUT) $ 2,335.94
  • worldcoin-wldWorldcoin (WLD) $ 2.19
  • popcatPopcat (POPCAT) $ 0.578906
  • apecoinApeCoin (APE) $ 0.905968
  • klay-tokenKlaytn (KLAY) $ 0.153921
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.005599
  • iotaIOTA (IOTA) $ 0.168129
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.07
  • mog-coinMog Coin (MOG) $ 0.000002
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,660.33
  • livepeerLivepeer (LPT) $ 15.84
  • wemix-tokenWEMIX (WEMIX) $ 1.26
  • nervos-networkNervos Network (CKB) $ 0.011203
  • theta-fuelTheta Fuel (TFUEL) $ 0.075124
  • true-usdTrueUSD (TUSD) $ 0.997049
  • 1inch1inch (1INCH) $ 0.392312
  • raydiumRaydium (RAY) $ 1.85
  • kavaKava (KAVA) $ 0.421001
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.07
  • apenftAPENFT (NFT) $ 0.00000045
  • illuviumIlluvium (ILV) $ 66.94
  • layerzeroLayerZero (ZRO) $ 3.99
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000080
  • axelarAxelar (AXL) $ 0.617318
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.086273
  • stader-ethxStader ETHx (ETHX) $ 3,462.33
  • xdce-crowd-saleXDC Network (XDC) $ 0.029280
  • mx-tokenMX (MX) $ 4.41
  • pax-goldPAX Gold (PAXG) $ 2,318.33
  • bitcoin-goldBitcoin Gold (BTG) $ 24.42
  • aevo-exchangeAevo (AEVO) $ 0.504082
  • astarAstar (ASTR) $ 0.071708
  • usdbUSDB (USDB) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 0.995193
  • woo-networkWOO (WOO) $ 0.206348
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.004424
  • arkhamArkham (ARKM) $ 1.66
  • rocket-poolRocket Pool (RPL) $ 18.78
  • safepalSafePal (SFP) $ 0.824935
  • iotexIoTeX (IOTX) $ 0.040163
  • pepecoin-2PepeCoin (PEPECOIN) $ 3.23
  • echelon-primeEchelon Prime (PRIME) $ 8.82
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000018
  • compound-ethercETH (CETH) $ 67.45
  • kusamaKusama (KSM) $ 24.05
  • corgiaiCorgiAI (CORGIAI) $ 0.001055
  • memecoin-2Memecoin (MEME) $ 0.017140
  • osmosisOsmosis (OSMO) $ 0.528504
  • curve-dao-tokenCurve DAO (CRV) $ 0.275667
  • aragonAragon (ANT) $ 8.48
  • golemGolem (GLM) $ 0.336778
  • ocean-protocolOcean Protocol (OCEAN) $ 0.554740
  • manta-networkManta Network (MANTA) $ 0.984751
  • blastBlast (BLAST) $ 0.019119
  • stepnGMT (GMT) $ 0.156466
  • compound-governance-tokenCompound (COMP) $ 48.18
  • blurBlur (BLUR) $ 0.192388
  • radixRadix (XRD) $ 0.030909
  • zilliqaZilliqa (ZIL) $ 0.017187
  • origintrailOriginTrail (TRAC) $ 0.785415
  • holotokenHolo (HOT) $ 0.001753
  • celoCelo (CELO) $ 0.571001
  • aerodrome-financeAerodrome Finance (AERO) $ 0.598497
  • zcashZcash (ZEC) $ 20.44
  • enjincoinEnjin Coin (ENJ) $ 0.188261
  • m2-global-wealth-limited-mmxMMX (MMX) $ 2.12
  • dydxdYdX (ETHDYDX) $ 1.32
  • jito-governance-tokenJito (JTO) $ 2.43
  • compound-wrapped-btccWBTC (CWBTC) $ 1,221.85
  • justJUST (JST) $ 0.029964
  • 0x0x Protocol (ZRX) $ 0.349652

Bitcoin Price Slips Lower: Slow Descent or Opportunity Ahead?

0 22

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

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