Bitcoin’s (BTC) push toward a new all-time high stalled after reaching $110,253. The decline comes despite encouraging US macroeconomic data. However, analysts are optimistic about a recovery and a rally to $115,000.
Bitcoin (BTC) is down almost 1% during the ongoing session as buyers lost momentum after crossing $110,000 earlier this week. The flagship cryptocurrency tested the $110,000 level twice this week, suggesting a potential move past its all-time high could become a possibility.
Bitcoin (BTC) started the week on a bullish note, breaking out of its trading range and surging past $110,000 to settle at $110,251. However, it has slipped back below $110,000 as buyer fatigue set in, allowing sellers to retake control.
Bitcoin (BTC) has registered a significant uptick after starting the day on a sluggish note. The flagship cryptocurrency reclaimed $107,000 as momentum returned after a subdued weekend that saw the price retake $105,000. However, analysts have warned that BTC still risks a drop below $105,000, depending on the outcome of US-China trade talks.
Bitcoin (BTC) held firm above $105,000 as price action remained muted amid escalating political and market concerns. The flagship cryptocurrency had plunged to an intraday low of $100,421 late on Thursday before rebounding on Friday and reclaiming $105,000 on Saturday.
Bitcoin (BTC) has reclaimed $105,000, making a strong recovery after dropping to an intraday low of $101,201 on Friday. The flagship cryptocurrency is up nearly 2%, trading around the $105,071 mark.
Bitcoin (BTC) slumped to a low of $100,516 early during today’s session as bears took control of the price action. The flagship cryptocurrency dipped over 3% before recovering and moving to its current level. Despite the recovery, BTC is down nearly 2% over the past 24 hours, trading around $103,000.
Bitcoin (BTC) continues to trade around $105,000 as selling pressure and buyer exhaustion weigh on the price. The flagship’s cryptocurrency’s price action indicates indecision after its sharp retracement from its all-time high of $111,970. Momentum stalled after BTC reached this level as investors locked in their profits, leading to a decline that gradually transitioned into a sideways consolidation phase.
Bitcoin (BTC) extended its losses during the ongoing session, losing momentum after a brief spike to $106,059. However, the flagship cryptocurrency has demonstrated resilience, maintaining its position above $105,000, indicating strong support at this level.
Bitcoin (BTC) registered a marginal decline during the ongoing session as it remained pinned under the 20-day SMA. The flagship cryptocurrency has started the new month shrouded in uncertainty, with market watchers unsure where the market will head.
