Bitcoin (BTC) buyers are showing signs of exhaustion after failing to cross the resistance zone between $108,000 and $108,350. The flagship cryptocurrency risks dropping below $105,000 due to a developing bearish divergence, declining volumes, and repeated failures to push past resistance levels.
Bitcoin (BTC) slipped below $107,000, starting the week in the red as markets turned cautious ahead of the July 9 US tariff deadline. Broader market sentiment was mixed, with several altcoins registering sharp declines, while others registered marginal increases.
Bitcoin’s (BTC) price action was subdued on Friday and Saturday but picked up on Sunday, rising nearly 1% to cross $108,000 and settle at $108,350. However, the flagship cryptocurrency is back in the red during the ongoing session, down 0.655, trading around $107,640.
Bitcoin (BTC) has remained stationary over the past 24 hours, holding above $107,000 to trade around $107,350. However, ETF demand and Fed policy cues could significantly dictate price action in the near term.
The Bitcoin (BTC) price is hovering around $107,200 as markets wait for a catalyst to push the price higher. The flagship cryptocurrency is trading near its all-time high, marginally down over the past 24 hours, trading around $107,261.
Bitcoin (BTC) is consolidating around $107,000 as it takes a breather after reclaiming key levels during the week. The flagship cryptocurrency plunged below $100,000 on Sunday as market sentiment worsened. A ceasefire announcement saw markets recover, reclaim $100,000, and push towards $105,000 on Monday.
Bitcoin (BTC) extended its gains for a fourth consecutive day before registering a marginal decline. However, the flagship cryptocurrency has held above $107,000, with analysts favoring a breakout to $110,000.
Bitcoin (BTC) extended its gains to cross $107,000 as the crypto market surged again. The flagship cryptocurrency was buoyed by easing geopolitical tensions as President Donald Trump announced that Israel and Iran had reached a ceasefire agreement.
Bitcoin (BTC) made a strong recovery on Monday after spending the weekend in the doldrums as market sentiment worsened. The flagship cryptocurrency plummeted to multi-month lows after the US conducted airstrikes on key Iranian nuclear sites, as the conflict between Israel and Iran threatened to spiral out of control.
Bitcoin (BTC) slipped below the crucial $100,000 mark on Sunday for the first time since the beginning of May after the US struck key nuclear sites in Iran, significantly escalating the conflict and plunging markets into disarray. As a result, the flagship cryptocurrency fell to a low of $98,385 on Sunday before recovering to reclaim $100,000 and settle at $100,982.
