Increasing volume and a breakout above a key trendline have set Bitcoin price back on the path to $14,000.
Bitcoin price is near $12K again but this level may cause more harm than good if bulls fail to flip it to support.
Bitcoin price lost the bullish energy that took the price to $11.7K earlier this week but the current range may offer opportunities to swing traders.
Bitcoin price rallied to $11,491 after bulls managed to flip the $11K level from resistance to support.
Bitcoin’s stability throughout an eventful week shows traders are confident that the bullish uptrend will resume soon.
As Bitcoin price consolidates, bulls target $11.5K and bears expect a drop below $9.8K.
Bitcoin price is sideways and pinned below $11K, leading traders to seek greener pastures in altcoins and DeFi tokens.
Bitcoin price still faces resistance at $11K as traders turn their attention to DeFi-tokens like Uniswap (UNI).
Lured by the sirens’ call, traders are wrapping their Bitcoin at record levels in order to yield farm and trade DeFi tokens.
Bitcoin price is consolidating into a tighter range as traders appear ready to test the $10.5K resistance.