• bitcoinBitcoin (BTC) $ 108,148.00
  • ethereumEthereum (ETH) $ 2,519.20
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.23
  • bnbBNB (BNB) $ 655.46
  • solanaSolana (SOL) $ 147.31
  • usd-coinUSDC (USDC) $ 0.999905
  • tronTRON (TRX) $ 0.283643
  • dogecoinDogecoin (DOGE) $ 0.164214
  • staked-etherLido Staked Ether (STETH) $ 2,517.66
  • cardanoCardano (ADA) $ 0.577598
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,091.00
  • hyperliquidHyperliquid (HYPE) $ 39.42
  • wrapped-stethWrapped stETH (WSTETH) $ 3,040.76
  • suiSui (SUI) $ 2.89
  • bitcoin-cashBitcoin Cash (BCH) $ 485.16
  • chainlinkChainlink (LINK) $ 13.19
  • leo-tokenLEO Token (LEO) $ 9.03
  • avalanche-2Avalanche (AVAX) $ 17.78
  • usdsUSDS (USDS) $ 0.999914
  • stellarStellar (XLM) $ 0.237899
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,698.41
  • the-open-networkToncoin (TON) $ 2.74
  • wethWETH (WETH) $ 2,518.84
  • litecoinLitecoin (LTC) $ 86.65
  • hedera-hashgraphHedera (HBAR) $ 0.154787
  • whitebitWhiteBIT Coin (WBT) $ 44.94
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999591
  • moneroMonero (XMR) $ 313.77
  • ethena-usdeEthena USDe (USDE) $ 0.999977
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,134.00
  • bitget-tokenBitget Token (BGB) $ 4.41
  • polkadotPolkadot (DOT) $ 3.37
  • uniswapUniswap (UNI) $ 6.92
  • pepePepe (PEPE) $ 0.000010
  • aaveAave (AAVE) $ 268.39
  • daiDai (DAI) $ 0.999879
  • pi-networkPi Network (PI) $ 0.471462
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 48.95
  • bittensorBittensor (TAO) $ 322.82
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aptosAptos (APT) $ 4.40
  • jito-staked-solJito Staked SOL (JITOSOL) $ 178.73
  • nearNEAR Protocol (NEAR) $ 2.12
  • internet-computerInternet Computer (ICP) $ 4.78
  • crypto-com-chainCronos (CRO) $ 0.080956
  • ethereum-classicEthereum Classic (ETC) $ 16.35
  • ondo-financeOndo (ONDO) $ 0.777455
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.075539
  • fasttokenFasttoken (FTN) $ 4.43
  • mantleMantle (MNT) $ 0.564589
  • gatechain-tokenGate (GT) $ 15.40
  • cosmosCosmos Hub (ATOM) $ 4.00
  • vechainVeChain (VET) $ 0.020839
  • tokenize-xchangeTokenize Xchange (TKX) $ 21.54
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.670783
  • official-trumpOfficial Trump (TRUMP) $ 8.61
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,001.00
  • skySky (SKY) $ 0.077647
  • render-tokenRender (RENDER) $ 3.15
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.179628
  • ethenaEthena (ENA) $ 0.252864
  • arbitrumArbitrum (ARB) $ 0.323784
  • filecoinFilecoin (FIL) $ 2.26
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,517.02
  • algorandAlgorand (ALGO) $ 0.174833
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.45
  • worldcoin-wldWorldcoin (WLD) $ 0.881140
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998597
  • usdtbUSDtb (USDTB) $ 0.999907
  • sei-networkSei (SEI) $ 0.261218
  • kucoin-sharesKuCoin (KCS) $ 11.03
  • bonkBonk (BONK) $ 0.000018
  • binance-staked-solBinance Staked SOL (BNSOL) $ 156.22
  • usdt0USDT0 (USDT0) $ 1.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.437766
  • nexoNEXO (NEXO) $ 1.21
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,640.32
  • fartcoinFartcoin (FARTCOIN) $ 1.19
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,869.24
  • spx6900SPX6900 (SPX) $ 1.25
  • flare-networksFlare (FLR) $ 0.016630
  • injective-protocolInjective (INJ) $ 10.84
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.016727
  • celestiaCelestia (TIA) $ 1.49
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.59
  • sonic-3Sonic (S) $ 0.311361
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999621
  • xdce-crowd-saleXDC Network (XDC) $ 0.061586
  • blockstackStacks (STX) $ 0.645943
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,691.59
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,646.09
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pax-goldPAX Gold (PAXG) $ 3,343.15
  • optimismOptimism (OP) $ 0.531244
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 107,758.00
  • kaiaKaia (KAIA) $ 0.154269
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,109.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999768
  • wbnbWrapped BNB (WBNB) $ 655.23
  • dogwifcoindogwifhat (WIF) $ 0.851260
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,651.63
  • clbtcclBTC (CLBTC) $ 108,904.00
  • story-2Story (IP) $ 2.91
  • tether-goldTether Gold (XAUT) $ 3,336.11
  • the-graphThe Graph (GRT) $ 0.082687
  • immutable-xImmutable (IMX) $ 0.426774
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.25
  • vaultaVaulta (A) $ 0.480884
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 165.16
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,722.85
  • msolMarinade Staked SOL (MSOL) $ 192.17
  • flokiFLOKI (FLOKI) $ 0.000075
  • ousgOUSG (OUSG) $ 111.69
  • jito-governance-tokenJito (JTO) $ 2.04
  • theta-tokenTheta Network (THETA) $ 0.689434
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.73
  • curve-dao-tokenCurve DAO (CRV) $ 0.499386
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.996210
  • lido-daoLido DAO (LDO) $ 0.724453
  • aerodrome-financeAerodrome Finance (AERO) $ 0.753556
  • zcashZcash (ZEC) $ 39.66
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • galaGALA (GALA) $ 0.013905
  • wrapped-hypeWrapped HYPE (WHYPE) $ 39.43
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.49
  • iotaIOTA (IOTA) $ 0.154732
  • bittorrentBitTorrent (BTT) $ 0.00000060
  • the-sandboxThe Sandbox (SAND) $ 0.241733
  • jasmycoinJasmyCoin (JASMY) $ 0.012213
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,362.00
  • usual-usdUsual USD (USD0) $ 0.998177
  • saros-financeSaros (SAROS) $ 0.221008
  • walrus-2Walrus (WAL) $ 0.417171
  • syrupMaple Finance (SYRUP) $ 0.533379
  • tbtctBTC (TBTC) $ 107,961.00
  • super-oethSuper OETH (SUPEROETH) $ 2,517.40
  • tezosTezos (XTZ) $ 0.530257
  • pendlePendle (PENDLE) $ 3.35
  • raydiumRaydium (RAY) $ 2.06
  • pyth-networkPyth Network (PYTH) $ 0.095980
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,518.61
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,693.00
  • falcon-financeFalcon USD (USDF) $ 0.999984
  • newton-projectAB (AB) $ 0.008024
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,604.07
  • flowFlow (FLOW) $ 0.323752
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,193.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,519.56
  • coredaoorgCore (CORE) $ 0.502358
  • decentralandDecentraland (MANA) $ 0.258375
  • true-usdTrueUSD (TUSD) $ 0.998249
  • staked-hypeStaked HYPE (STHYPE) $ 39.44
  • bitcoin-svBitcoin SV (BSV) $ 24.59
  • ripple-usdRipple USD (RLUSD) $ 0.999901
  • apecoinApeCoin (APE) $ 0.599820
  • chain-2Onyxcoin (XCN) $ 0.013878
  • thorchainTHORChain (RUNE) $ 1.31
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999903
  • apenftAPENFT (NFT) $ 0.00000044
  • beldexBeldex (BDX) $ 0.060827
  • kavaKava (KAVA) $ 0.397639
  • venomVenom (VENOM) $ 0.206196
  • dexeDeXe (DEXE) $ 7.41
  • morphoMorpho (MORPHO) $ 1.35
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.164108
  • based-brettBrett (BRETT) $ 0.042515
  • movementMovement (MOVE) $ 0.160243
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004114
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • heliumHelium (HNT) $ 2.22
  • usdbUSDB (USDB) $ 1.01
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006974
  • usddUSDD (USDD) $ 0.999917
  • starknetStarknet (STRK) $ 0.111279
  • dydx-chaindYdX (DYDX) $ 0.522996
  • stader-ethxStader ETHx (ETHX) $ 2,678.86
  • compound-governance-tokenCompound (COMP) $ 41.29
  • build-onBUILDon (B) $ 0.387013
  • aioz-networkAIOZ Network (AIOZ) $ 0.320736
  • neoNEO (NEO) $ 5.40
  • elrond-erd-2MultiversX (EGLD) $ 13.35
  • mog-coinMog Coin (MOG) $ 0.00000096
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999205
  • conflux-tokenConflux (CFX) $ 0.072656
  • ecasheCash (XEC) $ 0.000019
  • kaitoKAITO (KAITO) $ 1.51
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,517.15
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 108,010.00
  • deepDeepBook (DEEP) $ 0.143663
  • axie-infinityAxie Infinity (AXS) $ 2.16
  • telcoinTelcoin (TEL) $ 0.003853
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999928
  • ether-fiEther.fi (ETHFI) $ 0.933701
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.12

Bitcoin Price Breakout Dreams Crushed Again—What’s Next?

0 33

Bitcoin Price Breakout Dreams Crushed Again—What’s Next?

Bitcoin price failed to gain pace for a move above the $100,000 zone. BTC again declined and is currently consolidating near the $96,000 zone.

  • Bitcoin started a fresh decline from the $99,500 zone.
  • The price is trading below $97,500 and the 100 hourly Simple moving average.
  • There is a connecting bearish trend line forming with resistance at $96,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start another increase if it stays above the $95,000 zone.

Bitcoin Price Dips Again

Bitcoin price formed a base above the $95,500 level and started a recovery wave. BTC was able to surpass the $97,000 and $98,500 resistance levels.

The price even cleared the $99,000 resistance level. However, the bears remained active below the $100,000 level. A high was formed at $99,481 and the price started a fresh decline. There was a move below the $98,000 and $96,000 levels.

A low was formed at $94,888 and the price is now recovering. There was a move above the $95,500 level. The price surpassed the 23.6% Fib retracement level of the downward move from the $99,481 swing high to the $94,881 low.

Bitcoin price is now trading below $97,200 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $96,500 level. There is also a connecting bearish trend line forming with resistance at $96,400 on the hourly chart of the BTC/USD pair.

Bitcoin Price Breakout Dreams Crushed Again—What’s Next?

The first key resistance is near the $97,200 level or the 50% Fib retracement level of the downward move from the $99,481 swing high to the $94,881 low. The next key resistance could be $97,750. A close above the $97,750 resistance might send the price further higher. In the stated case, the price could rise and test the $98,800 resistance level. Any more gains might send the price toward the $99,500 level or even $100,000.

Another Decline In BTC?

If Bitcoin fails to rise above the $97,200 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $95,500 level. The first major support is near the $95,000 level.

The next support is now near the $94,200 zone. Any more losses might send the price toward the $93,500 support in the near term. The main support sits at $92,400.

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 – $95,500, followed by $95,000.

Major Resistance Levels – $96,500 and $97,200.

Source

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