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: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • 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: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bitcoin Price Watch; $1,200 On The Cards?

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 week done, and it is time for the final of our analyses for the week. The bitcoin price has been relatively good to us over the last few days, and pretty unexpectedly. Especially after what the start of the week offered up in terms of playable action. Price broke through the 1100 mark during the last forty-eight hours, and has since (aside from a brief spike to the downside that we remarked upon in this morning’s analysis) held above this level.

Action today, during the European session, has brought us more of the same, and we currently trade just shy of 1200 – a level that we’ve not seen since the early year run and a level that many suggested we wouldn’t see again for some time. Bubble, they said. False run.

It seems they were wrong.

Anyway, we don’t judge here. We play action as we see it, and we’re happy to see volatility wherever it takes us. Of course, an upside run is nicer than a downside one (assuming we’re on the right side of it that is!) but we can profit from a downside entry if it comes around.

Anyway, let’s stop rambling, and put some levels together for this evening’s session. As ever, and for the final time this week, take a look at the chart below to get an idea of what’s on this evening.

As the chart shows, the range we’ve got our eye on tonight comes in at support to the downside at 1159, and resistance to the upside at 1172. Standard intraday approach for this evening – a close above resistance will put us in long towards an upside target of 1185, and a close below support will signal short towards 1150.

Stops keep risk tight, and make sure we’re out quick if price moves against us.

Have a good weekend!

Charts courtesy of SimpleFX

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

2025年Bitunix限時加密獎勵攻略:註冊、入金、交易三重紅利8月前一次領

身為全球領先的加密貨幣交易平台,Bitunix正展開一波史上最強的專屬獎勵活動,從3月18日一路持續至8月20日,為廣大交易者提供前所未有的收益加速機會。 在這段限時期間,您可透過註冊獎勵、首筆入金回...

Peter Chow 1 hour ago
Paskutinės 3 dienos: BTC Bull Token sudegina 35 % bendro tiekimo – ar laukia 10 kartų augimas?

Paskutinės 3 dienos: BTC Bull Token sudegina 35 % bendro tiekimo – ar laukia 10 kartų augimas?

Liko vos trys dienos iki BTC Bull Token (BTCBULL) įtraukimo į didžiąsias biržas ir galutinio lėšų pritraukimo etapo pabaigos. Kad...

Tomas Jankūnas 1 hour ago
XRP koers kan 78% stijgen na wedge breakout

XRP koers kan 78% stijgen na wedge breakout

De Ripple koers heeft recentelijk de nodige volatiliteit ervaren, met een opwaartse trend. Een uitbraak boven een dalend wedge patroon...

Lars Diederiksen 2 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

L’ultimo Rally di Bitcoin è Sostenuto da un Potere d’Acquisto più Forte: Report

clararosati 36 minutes ago
Dogecoin koers stijgt 9% na golden cross op uurgrafiek

Dogecoin koers stijgt 9% na golden cross op uurgrafiek

Lars Diederiksen 55 minutes ago
Altcoin

Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

Scott Matherson 1 hour ago

Premium Sponsors

Press Releases

  • Dự Đoán Giá Fartcoin: Meme Coin Tiềm Năng FARTCOIN...

    2 hours ago
  • CertiK Validates FUNToken’s

    CertiK Validates FUNToken’s Smart Contract Strength With...

    2 hours ago
  • Explore Potential Coins

    Peter Thiel của PayPal Hậu Thuẫn Ngân Hàng Crypto...

    2 hours ago
  • Altcoin season uitgesteld? Bitcoin dominantie houdt kapitaal weg van XRP, SOL en ADA

    Những Altcoin Nên Mua Tháng 7 – USELESS, BROCCOLI...

    3 hours ago
  • Cloud Mining

    Free QFSCOIN Cloud Mining Regulated By US Law Launches BTC...

    3 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

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.