menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Bitcoin Pr...
source image

TronWeekly

11h

read

28

img
dot

Image Credit: TronWeekly

Bitcoin Price Resistance $110K Faces Retest Amid Bullish Momentum

  • Bitcoin is holding above $109,000 with bullish momentum, eyeing a retest of the $110,000 resistance level.
  • RSI is rising at 59.09, indicating growing bullish activity, while price action shows consolidation below $110,000.
  • Bitcoin's structure remains positive, rejecting dips near $106,500–$108,000 and potentially aiming for a retest of June highs.
  • Bitcoin is stable around $109,500, awaiting U.S. Federal Reserve minutes for insight on potential interest rate cuts that could impact cryptocurrency sentiment.

Read Full Article

like

1 Like

For uninterrupted reading, download the app