Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

Zcash price crashes 18% after vertical rally – is more downside ahead?

October 7, 2025

Bitcoin Rally is Fun, but Don’t Overlook RWAs: Crypto Daybook Americas

October 7, 2025

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025
Facebook X (Twitter) Instagram
Tuesday, October 7 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

Bitcoin Price Holds Steady – Range-Bound Action Dominates Price Chart

July 30, 2025Updated:July 30, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin Price Holds Steady – Range-Bound Action Dominates Price Chart
Share
Facebook Twitter LinkedIn Pinterest Email
ad


Bitcoin worth remains to be holding the $117,250 help zone. BTC is consolidating and would possibly try and clear the $118,600 resistance zone to achieve bullish momentum.

  • Bitcoin began a draw back correction from the $120,000 zone.
  • The value is buying and selling beneath $118,500 and the 100 hourly Easy transferring common.
  • There’s a bearish pattern line forming with resistance at $118,600 on the hourly chart of the BTC/USD pair (information feed from Kraken).
  • The pair would possibly begin one other improve if it clears the $118,600 resistance zone.

Bitcoin Value Stays Above Assist

Bitcoin worth began a contemporary improve above the $118,000 zone. BTC climbed above the $118,500 and $118,800 resistance ranges to maneuver right into a constructive zone.

The bulls had been capable of push the worth above the $119,500 resistance. A excessive was shaped at $119,796 and the pair is now correcting positive aspects. There was a transfer beneath the 23.6% Fib retracement stage of the upward transfer from the $114,733 swing low to the $119,796 excessive.

Bitcoin is now buying and selling beneath $118,500 and the 100 hourly Easy transferring common. Quick resistance on the upside is close to the $118,500 stage. There may be additionally a bearish pattern line forming with resistance at $118,600 on the hourly chart of the BTC/USD pair.

Bitcoin Price Holds Steady – Range-Bound Action Dominates Price Chart
Supply: BTCUSD on TradingView.com

The primary key resistance is close to the $119,250 stage. The subsequent resistance may very well be $119,800. A detailed above the $119,800 resistance would possibly ship the worth additional increased. Within the said case, the worth might rise and check the $120,500 resistance stage. Any extra positive aspects would possibly ship the worth towards the $122,500 stage. The principle goal may very well be $123,200.

Draw back Break In BTC?

If Bitcoin fails to rise above the $118,600 resistance zone, it might begin one other decline. Quick help is close to the $117,250 stage or the 50% Fib retracement stage of the upward transfer from the $114,733 swing low to the $119,796 excessive. The primary main help is close to the $116,650 stage.

The subsequent help is now close to the $115,950 zone. Any extra losses would possibly ship the worth towards the $114,500 help within the close to time period. The principle help sits at $113,500, beneath which BTC would possibly proceed to maneuver down.

Technical indicators:

Hourly MACD – The MACD is now dropping tempo within the bullish zone.

Hourly RSI (Relative Power Index) – The RSI for BTC/USD is now beneath the 50 stage.

Main Assist Ranges – $117,250, adopted by $116,650.

Main Resistance Ranges – $118,600 and $119,800.



Source link

ad
action Bitcoin Chart Dominates holds Price RangeBound steady
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

Zcash price crashes 18% after vertical rally – is more downside ahead?

October 7, 2025

Bitcoin Rally is Fun, but Don’t Overlook RWAs: Crypto Daybook Americas

October 7, 2025

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025

Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next?

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
Zcash price crashes 18% after vertical rally – is more downside ahead?
October 7, 2025
Bitcoin Rally is Fun, but Don’t Overlook RWAs: Crypto Daybook Americas
October 7, 2025
Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000
October 7, 2025
Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next?
October 7, 2025
Dutch crypto firm Amdax raises $35m to buy Bitcoin
October 7, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

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