Author: Damanick Dantes

Bitcoin (BTC) continues to decline from key resistance levels, indicating a loss of short-term momentum. Support around $37K-$40K remains intact, which could stabilize the down move. On the weekly chart, conditions are still neutral, benefitting short-term trades.

Bitcoin (BTC) extended its pullback, although nearby support at $40K could stabilize the down move. Stronger support is seen at the $37K breakout level, which buyers will need to maintain in order to sustain the price recovery.

Bitcoin (BTC) struggled to break above the $44K resistance level, although lower support at $40K could stabilize the current pullback. Stronger resistance is seen at $46K, although downside momentum could continue into the Asia trading day.

Bitcoin (BTC) is struggling to break through the $44K-$46K resistance zone. Indicators show bitcoin is overbought on intraday charts, which could trigger a brief pullback. The loss of downside momentum points to a potential trend shift upward.

Bitcoin (BTC) bulls are active on intraday charts, pushing price above the $40K price level. The current resistance zone must hold in order to confirm upside targets toward $43K and $46K. For now, upside appears limited given long-term bearish signals.

Bitcoin (BTC) and other cryptos extended gains into Friday, although some traders expect rallies to fade amid geopolitical uncertainty. Altcoins led the way higher, which could point to bullish sentiment over the short-term.

Bitcoin (BTC) registered initial downside exhaustion signals, which typically precede brief upswings in price. Still, long-term momentum remains weak, suggesting limited upside toward the $40K-$46K resistance zone.

Bitcoin (BTC) extended losses from the Asia trading day, although lower support at $30K could stabilize the correction. There are initial signs of downside exhaustion worth monitoring. Still, momentum signals remain negative, which suggests limited upside from here.

Bitcoin (BTC) price bounce was short-lived as sellers reacted to the $40,000 resistance zone. Upside appears limited due to negative momentum signals and persistent selling pressure. Support at $30K and $36K could stabilize the pullback.

Bitcoin (BTC) remains in sell-off mode, evidenced by a loss of upside momentum. The cryptocurrency is 45% off its all-time high near $69K, and could find lower support around $30K.