Category: Top 10

Key points:

• Bitcoin is nearing the support of the large range, indicating that a relief rally is possible in the near term.

• Several major altcoins are trying to start a relief rally, but they are likely to meet significant resistance

Key points:

• Bitcoin made a strong comeback on Wednesday, but the buyers are expected to face heavy selling near $117,500.

• Several major altcoins are likely to face selling on rallies, but BNB and AVAX may resume their uptrend.

Bitcoin (BTC)

Key points:

• Bitcoin witnessed the biggest long liquidation of the year, indicating that bulls are losing their grip over the market.

• Several altcoins are striving to hold on to their support levels but may face solid selling on rallies.

Bitcoin

Key points:

• Bitcoin faced significant resistance at $117,500, indicating that the bears are unlikely to give up easily.

• Several major altcoins tried to break above their overhead resistance levels, but the bears held their ground, signaling selling on rallies.

Bitcoin

Key points:

• Bitcoin is likely to witness wild moves following the Fed’s rate decision, but the price may remain inside the large $107,000 to $124,474 range for some more time.

• Several altcoins, except BNB, have pulled back, indicating that traders

Key points:

• Bitcoin is facing significant resistance at $117,500, but the bulls remain on top as long as the price stays above $113,400.

• Several altcoins are showing signs of profit booking in the near term, but lower levels are likely

Key points:

• Bitcoin’s recovery remains on track, backed by solid demand from the spot Bitcoin ETF buyers.

• BNB, HYPE, and SOL are leading the altcoin charge higher, signaling solid buying by the bulls. 

Bitcoin (BTC) rose to $116,495 on Friday,

Key points:

• Bitcoin rallied above $114,000 on Wednesday as markets cheered the softer-than-expected inflation figures.

• Several major altcoins have broken above their overhead resistance levels, signaling the resumption of the up move. 

Bitcoin (BTC) rallied above $114,000 after the August

Key points:

• Bitcoin could rally to $115,000 and then to $120,000, but the upside looks capped in the near term if the whales continue to sell.

• Select altcoins look strong and ready to break above their overhead resistance levels.

Bitcoin

Key points:

• Bitcoin rallied above $113,000 on Friday, but the long wick on the candlestick shows solid selling at higher levels.

• Several major altcoins are trying to hold on to their support levels, but the bears have maintained their selling