NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Bitcoin Price Watch; Maintaining The Downside Hedge

Samuel Rae
Samuel Rae
1 year ago
2 mins read
Trend

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

So that is another day done in our bitcoin price trading efforts and, while we’d love to say that this morning’s thesis was correct and that we have seen a bottoming out of the downside correction, this isn’t looking like it’s the case right now. Price currently trades in and around the $2300 mark, having topped out earlier this week in and around $3000 a piece. That’s a pretty sharp discount, regardless of how high price ran initially, and chances are, as the longer-term operators who might’ve been more open to a little bit of risk early on in the week (that is, those more willing to hold onto their long-term positions as price declines) lean towards risk-off sentiment, and pull their profits off the table, we’re probably going to see further decline heading into this evening’s session.

Nobody can really say when this dip is going to end. We can base action on what we’ve seen in the past and compare charts to a previous run, but in reality, the fundamentals have changed, and that make a comparison to previous activity difficult.

What is keeping us happy, however, is the fact that we have been able to hedge against this decline pretty much all the way down with various breakout entries. As price goes south, we enter in line with the dip and take the step in/step out profits on the volatility.

So, this evening we’re going to try and do just that again.

Take a quick look at the chart below.

As the chart shows, the range we are looking at tonight comes in at support defined by 2297 and resistance at 2234. If we see price break above resistance, we will enter towards a relatively conservative upside target of 2255. If we see price break below resistance, which is looking more likely, we will get in short towards 2250.

Let’s see what happens.

Charts courtesy of Trading View

SaveSave

Tweet123Share196ShareSend
Samuel Rae
Samuel Rae

Samuel Rae

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

27-jours-avant-fin-prevente-snorter-bot-token

27 jours avant la clôture de la prévente du Snorter Bot Token – Profitez vite de l’accès exclusif

Mercredi 24 septembre 2025 – Le compte à rebours est lancé : il ne reste que 27 jours pour profiter...

guillaumev 1 hour ago

Bitcoin LTH Selling Pressure Builds: 6–12M Coins Keep Flowing Onto The Market

Bitcoin is under renewed selling pressure as fear begins to creep back into the market. After weeks of high volatility,...

Sebastian Villafuerte 1 hour ago
Dramatic Surge in Bitcoin Millionaires Pushes Bitcoin Hyper to Nearly $18M

Dramatic Surge in Bitcoin Millionaires Pushes Bitcoin Hyper to Nearly $18M

Recent data shows that the number of Bitcoin millionaires is climbing at a pace not seen since the last bull...

Aaron Walker 1 hour ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Secondo Deutsche Bank le Banche Centrali Potrebbero Accumulare Bitcoin Entro 5 Anni

clararosati 6 minutes ago
XRP

XRP Gets A Retirement Twist: Expert Calls It A 401(k)

Christian Encila 42 minutes ago
21shares-lance-etf-dogecoin-dtcc

21Shares lance un ETF Dogecoin sur la DTCC

guillaumev 42 minutes ago

Premium Sponsors

Press Releases

  • アルトコイン市場が活発化しており、その上昇を後押しする三つの要因が注目されている

    ...

    8 minutes ago
  • イーサリアム...

    2 hours ago
  • ビットコイン 今後:Coinbase...

    3 hours ago
  • シバコイン...

    3 hours ago
  • AI搭載KYC導入で反発、弱気トレンドは続くか?

    パイネットワーク...

    4 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.