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: Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days
  • 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: Bitcoin Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days

Bitcoin Price Watch: BTC Following Slow and Steady Uptrend

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
technical analysis bitcoin

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.

  • Bitcoin price corrected lower recently below the $3,640 and $3,580 supports against the US Dollar.
  • There is a contracting triangle forming with resistance near $3,625 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The price could either climb above the $3,625 resistance or extend the correction below $3,560.

Bitcoin price declined recently below the $3,580 support against the US Dollar. BTC found support near $3,550 and it seems like the market is preparing for the next move in the near term.

Bitcoin Price Analysis

After trading above the $3,700 resistance, bitcoin price started a downside correction against the US Dollar. The BTC/USD pair topped at $3,745 and later corrected below $3,700 and $3,640. There was a break below the 23.6% Fib retracement level of the last leg from the $3,340 swing low to $3,745 high. More importantly, there was a break below the $3,600 and $3,580 support levels. The price traded close to the $3,550 support area, where buyers emerged.

There was a complete test of the 50% Fib retracement level of the last leg from the $3,340 swing low to $3,745 high. Besides, the 100 hourly simple moving average acted as a strong support and prevented additional losses below $3,540. The price bounced back, but the previous supports at $3,580 and $3,600 are acting as resistances. More importantly, there is a contracting triangle forming with resistance near $3,625 on the hourly chart of the BTC/USD pair. A successful break above the $3,600 and $3,620 resistances could set the pace for more gains in the near term. The next key resistances are $3,700 and $3,750. On the other hand, a close below $3,550 might open the doors for a drop to $3,500 or $3,440.

Bitcoin Price Analysis BTC Chart

Looking at the chart, bitcoin price is likely preparing for the next break either above $3,625 or below $3,550. It seems like buyers could gain control as long as the price is above $3,550 and the 100 hourly SMA.

Technical indicators

Hourly MACD – The MACD is about to move back in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is still below the 50 level, which is a negative sign.

Major Support Level – $3,550

Major Resistance Level – $3,625

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

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

Prévision de Charles Hoskinson : ADA 3 $ et BTC 250 K $ en 2026, jalons à surveiller

Charles Hoskinson fait une prévision de prix Cardano à 3 $, et Bitcoin à 250 000 $ en 2026

En octobre 2025, Charles Hoskinson a de nouveau créé la surprise. Le fondateur de Cardano, connu pour sa vision long-termiste...

guillaumev 4 hours ago
Bitcoin

Why The Bitcoin Price Might Never Drop Below $100,000 Again

Crypto analyst PlanB has explained why the Bitcoin price may never drop below $100,000 again. This comes as market participants...

Scott Matherson 4 hours ago
XRP 청산 공포 속 ‘대안 알트’ 어디로? 지금 눈여겨볼 코인 5선

XRP 청산 공포 속 대안 알트? 지금 눈여겨볼 코인 5선

$XRP의 시간당 청산 불균형이 갑자기 4,455% 치솟으며, 814만 달러 규모의 매수 포지션이 순식간에 증발했다. 시장 역시 그 충격을 고스란히 체감하고 있다. 이번 급격한 반...

Soyeon Lee 5 hours 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

Dogecoin

Rounded Bottom Formation Shows When Dogecoin Price Will Begin ‘Flying’

Scott Matherson 18 minutes ago
Bitcoin Price Breaks Down

Market Expert Reveals Why The Bitcoin Price Will Never Stop Going Up

Sandra White 1 hour ago

Bitcoin peste 126.000$: pre-vânzările atrag tot mai multe investiții

antonio 3 hours ago

Premium Sponsors

Press Releases

  • Трейдър на Shiba Inu откри най-бичията криптовалута след SHIB от 2021 г., прогнозирана да донесе 24080% възвръщаемост през 2025 г.

    Трейдър на Shiba Inu откри...

    1 hour ago
  • Прогноза за цената на Pepe: Анализатор предвижда 13-кратен ръст до 2026 г., а един токен позволява неговото копаене

    Прогноза за цената на Pepe...

    1 hour ago
  • Traderul Shiba Inu descoperă cea mai optimistă monedă de la SHIB din 2021, prezisă să atingă un ROI de 24.080% în 2025

    Traderul Shiba Inu descoperă cea mai optimistă monedă de...

    1 hour ago
  • Pepe árjóslat: Az elemző 13-szoros növekedést jósol 2026-ra, és egy token lehetővé teszi a bányászatát

    Pepe árjóslat: Az elemző 13-szoros növekedést jósol...

    2 hours ago
  • Egy Shiba Inu kereskedő felfedezte a legbullisabb coint a 2021-es SHIB óta, amelyről azt jósolják, hogy 2025-re 24 080%-os hozamot (ROI) érhet el

    Egy Shiba Inu kereskedő felfedezte a legbullisabb coint a...

    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.