Bitcoin and Ethereum Price Analysis: Breaking Resistance Levels and Overbought Conditions

Bitcoin and Ethereum Price Analysis: Breaking Resistance Levels and Overbought Conditions

It faced selling pressure after trying to break the $69,000 level, falling to $59,000, and losing momentum. Ethereum outperformed, targeting $4,000 despite resistance at $3,975. Both cryptocurrencies are facing critical resistance and potential profit taking due to overbought conditions. Invest like a big box for less than $9 a month with AI-powered ProPicks stock picker. … Read more

Bitcoin Price Analysis: Will BTC Break Above $67,000 Resistance or Fall to $63,400 Support Area?

Bitcoin Price Analysis: Will BTC Break Above $67,000 Resistance or Fall to $63,400 Support Area?

The price is finding it difficult to settle above the 67,000 resistance. Bitcoin is now moving in a narrow range and may head towards the support area at $63,400. As the price of Bitcoin began a sharp decline from a new historical high, reaching $69,218. Bitcoin fell to $59,150 before trimming its losses. It rose … Read more