Bitcoin Price Analysis: BTC Tumbles to $64K as Bears Look to Reappear

Bitcoin Price Analysis: BTC Tumbles to $64K as Bears Look to Reappear

Bitcoin’s recent price surge toward $66,000 has led to heightened optimism, but the market now faces a potential retracement phase. The $66K resistance level is proving to be a formidable barrier, and BTC is likely to undergo a period of consolidation or correction before determining its next major trend. Technical Analysis By Shayan The Daily…

Bitcoin Price Analysis: BTC Dips to $58K in Anticipation of This Week’s Fed Rate Decission

Bitcoin Price Analysis: BTC Dips to $58K in Anticipation of This Week’s Fed Rate Decission

Bitcoin’s price is still consolidating around the $60K level. Yet, an impulsive move might begin soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, it is evident that the price has yet to climb back and recover definitively above the $60K level after its rapid rejection and drop from the…