Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Founder of Crypto Lending Platform Celsius sentenced to 12 years in prison for fraud

2025-05-10

Renta Network works together with thoughts to introduce AI-driven discovery into the Real-World Assets

2025-05-10

What Is Proof-of-Authority (PoA)?

2025-05-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Renta Network works together with thoughts to introduce AI-driven discovery into the Real-World Assets

    2025-05-10

    Decentralized AI Society to run Hypercycle Masternode

    2025-05-09

    Agi Open Network Partners with AI Sim for Smarter, faster AI agents

    2025-05-09

    Hela Labs to redefine decentralized data possession in collaboration with Insight Genesis

    2025-05-09

    Hashkey chain reveals the puzzle game of the chains in the chains in collaboration with Zypher Network

    2025-05-09
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    NFT-Ecosystemtoken built on Solana (SOL) Hapert after obtaining surprise support from Binance Futures

    2025-05-09

    XRP analyst marks XDC for 3,350% starts as bullish statistics appear

    2025-05-09

    Trader says that the market is ready for a strong reversal after Bullish Move – here is his target for Ethereum and Altcoins

    2025-05-09

    Crypto analyst says the XRP price must remedy this level or risk fries to $ 1.9

    2025-05-09

    Trader says Bitcoin on CUSP to break out from Beerarish market structure, sketches path to new multi-month high

    2025-05-09
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Consolidation or calm before the next step?
Analysis

Consolidation or calm before the next step?

2025-01-24No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

Bitcoin price crossed above the USD 100,500 resistance zone. BTC is consolidating gains and could aim for another surge above the $105,000 zone.

  • Bitcoin started a downward correction from the $106,800 zone.
  • The price is trading below $104,000 and the 100 hourly Simple Moving Average.
  • A connecting bullish trendline is forming with support at $102,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could rise again if it remains above the $102,000 support zone.

Bitcoin price looks fresh

Bitcoin price started a decent upward move above the $104,500 zone. BTC was able to climb above the USD 105,500 and USD 106,000 levels.

The bulls even pushed the price above the USD 106,500 level. However, the bears were active near the $106,800 zone. It reached a high at $106,833 and the price is now correcting gains. There was a move below the $105,000 level.

There was a move below the 50% Fib retracement level of the upward move from the $101,281 swing low to the $106,833 high. Bitcoin price is now trading below $104,000 and the 100 Hourly Simple Moving Average. A connecting bullish trendline is also forming with support at $102,000 on the hourly chart of the BTC/USD pair.

On the upside, immediate resistance is around the $104,000 level. The first major resistance is around the $105,500 level. A clear move above the USD 105,500 resistance could push the price higher. The next major resistance could be at $106,800.

Bitcoin price
Source: BTCUSD on TradingView.com

A close above the resistance at $106,800 could send the price higher. In the said case, the price could rise and test the USD 108,200 resistance level and a new all-time high. Any further gains could send the price towards the $110,000 level.

See also  Ethereum Price Nearing Critical Resistance: A Turning Point?

Lose more in BTC?

If Bitcoin fails to rise above the $104,500 resistance zone, a downward correction could occur. The immediate downside support is near the $102,500 level or the 76.4% Fib retracement level of the upward move from the $101,281 swing low to the $106,833 high. The first major support is near the $101,250 level.

The next support is now near the $100,500 zone. Any further losses could send the price towards the USD 88,500 support in the short term.

Technical indicators:

Hourly MACD – The MACD is now gaining speed in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major support levels – $102,500, followed by $101,250.

Major resistance levels – $104,500 and $105,500.

Source link

calm Consolidation step
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

NFT-Ecosystemtoken built on Solana (SOL) Hapert after obtaining surprise support from Binance Futures

2025-05-09

XRP analyst marks XDC for 3,350% starts as bullish statistics appear

2025-05-09

Trader says that the market is ready for a strong reversal after Bullish Move – here is his target for Ethereum and Altcoins

2025-05-09

Crypto analyst says the XRP price must remedy this level or risk fries to $ 1.9

2025-05-09
Add A Comment

Comments are closed.

Top Posts

XEC token is up 15% in the past week, can it sustain the rally?

2023-09-19

Bitcoin -Diving, $ 80k breakout in Jeopardy

2025-02-27

ADA Price Indicates Possible Correction, Buy the Dip?

2023-10-12
Editors Picks

JPMorgan Chase Hides Bombshell Emails About Bank’s Relationship With Jeffrey Epstein, Former Banking Big Wig Claims

2023-06-28

CryptoPunks fuel NFT surge with $1.1 million in sales

2023-11-07

New York prosecutors to scale back crypto enforcement amid leadership transition

2024-11-15

Founder of Curve Finance releases loan from Aave and reduces total debt to $42.7 million

2023-09-27
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Founder of Crypto Lending Platform Celsius sentenced to 12 years in prison for fraud

Renta Network works together with thoughts to introduce AI-driven discovery into the Real-World Assets

What Is Proof-of-Authority (PoA)?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,332.510.38%
  • ethereumEthereum(ETH)$2,352.776.32%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.373.29%
  • binancecoinBNB(BNB)$659.595.20%
  • solanaSolana(SOL)$171.145.26%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.21513610.05%
  • cardanoCardano(ADA)$0.782.87%
  • tronTRON(TRX)$0.2628073.30%
  • suiSui(SUI)$3.961.70%
  • chainlinkChainlink(LINK)$16.092.73%
  • avalanche-2Avalanche(AVAX)$23.806.86%
  • stellarStellar(XLM)$0.3012123.09%
  • shiba-inuShiba Inu(SHIB)$0.0000157.33%
  • hedera-hashgraphHedera(HBAR)$0.2043164.92%
  • hyperliquidHyperliquid(HYPE)$24.791.62%
  • the-open-networkToncoin(TON)$3.322.49%
  • bitcoin-cashBitcoin Cash(BCH)$415.63-0.36%
  • unus-sed-leoUNUS SED LEO(LEO)$8.73-1.50%
  • polkadotPolkadot(DOT)$5.0913.10%
  • litecoinLitecoin(LTC)$103.038.22%
  • moneroMonero(XMR)$315.285.85%
  • bitget-tokenBitget Token(BGB)$4.745.86%
  • daiDai(DAI)$1.000.03%
  • pepePepe(PEPE)$0.00001314.95%
  • piPi(PI)$0.747.47%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.464.40%
  • bittensorBittensor(TAO)$447.223.94%
  • nearNEAR Protocol(NEAR)$2.976.93%
  • aptosAptos(APT)$5.692.04%
  • okbOKB(OKB)$54.924.49%
  • ondo-financeOndo(ONDO)$1.023.79%
  • aaveAave(AAVE)$212.123.89%
  • internet-computerInternet Computer(ICP)$5.576.62%
  • ethereum-classicEthereum Classic(ETC)$19.344.73%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.313.07%
  • kaspaKaspa(KAS)$0.1058834.14%
  • gatechain-tokenGateToken(GT)$22.243.74%
  • crypto-com-chainCronos(CRO)$0.1017282.47%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2565923.41%
  • vechainVeChain(VET)$0.0304915.48%
  • mantleMantle(MNT)$0.783.21%
  • render-tokenRender(RENDER)$5.046.01%
  • ethenaEthena(ENA)$0.3730456.78%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.859.89%
  • filecoinFilecoin(FIL)$3.042.49%
  • algorandAlgorand(ALGO)$0.2348593.77%
  • bitcoinBitcoin(BTC)$103,332.510.38%
  • ethereumEthereum(ETH)$2,352.776.32%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.373.29%
  • binancecoinBNB(BNB)$659.595.20%
  • solanaSolana(SOL)$171.145.26%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.21513610.05%
  • cardanoCardano(ADA)$0.782.87%
  • tronTRON(TRX)$0.2628073.30%
  • suiSui(SUI)$3.961.70%
  • chainlinkChainlink(LINK)$16.092.73%
  • avalanche-2Avalanche(AVAX)$23.806.86%
  • stellarStellar(XLM)$0.3012123.09%
  • shiba-inuShiba Inu(SHIB)$0.0000157.33%
  • hedera-hashgraphHedera(HBAR)$0.2043164.92%
  • hyperliquidHyperliquid(HYPE)$24.791.62%
  • the-open-networkToncoin(TON)$3.322.49%
  • bitcoin-cashBitcoin Cash(BCH)$415.63-0.36%
  • unus-sed-leoUNUS SED LEO(LEO)$8.73-1.50%
  • polkadotPolkadot(DOT)$5.0913.10%
  • litecoinLitecoin(LTC)$103.038.22%
  • moneroMonero(XMR)$315.285.85%
  • bitget-tokenBitget Token(BGB)$4.745.86%
  • daiDai(DAI)$1.000.03%
  • pepePepe(PEPE)$0.00001314.95%
  • piPi(PI)$0.747.47%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.464.40%
  • bittensorBittensor(TAO)$447.223.94%
  • nearNEAR Protocol(NEAR)$2.976.93%
  • aptosAptos(APT)$5.692.04%
  • okbOKB(OKB)$54.924.49%
  • ondo-financeOndo(ONDO)$1.023.79%
  • aaveAave(AAVE)$212.123.89%
  • internet-computerInternet Computer(ICP)$5.576.62%
  • ethereum-classicEthereum Classic(ETC)$19.344.73%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.313.07%
  • kaspaKaspa(KAS)$0.1058834.14%
  • gatechain-tokenGateToken(GT)$22.243.74%
  • crypto-com-chainCronos(CRO)$0.1017282.47%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2565923.41%
  • vechainVeChain(VET)$0.0304915.48%
  • mantleMantle(MNT)$0.783.21%
  • render-tokenRender(RENDER)$5.046.01%
  • ethenaEthena(ENA)$0.3730456.78%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.859.89%
  • filecoinFilecoin(FIL)$3.042.49%
  • algorandAlgorand(ALGO)$0.2348593.77%