Bitcoin’s $68K Trend Line Signals Key Price Floor

Check out this link to earn money with bitcoin and other cryptocurrencies. Get daily signals for alternative coins using the best crypto trading strategy: https://telegram.me/freecryptosignalsdaily 

Bitcoin is approaching its 200-week moving averages, a long-term support zone traders say could help define a potential BTC price floor.

Bitcoin traders see its ultimate support trendline coming into play as part of a new macro BTC price bottom.

Bitcoin is nearing a long-term trendline retest for the first time since late 2023.

Weekly moving averages are on the radar as a BTC price safety net should the market fall again.

Market outlooks place emphasis on trader resilience despite a 40% drawdown.

BTC 200-week trend line “should be the bottom”
The latest analysis increasingly expects Bitcoin to test its 200-week exponential moving average (EMA) at $68,400.

After four straight red monthly candles, BTC price is fielding fresh downside targets, which include sub-$50,000 levels.


Here is what our VIP Crypto Group Members have to say

Join our Pro Binance Signals Group with over 10,000 professional members. Our team of trading experts analyzes the markets daily to find the best trading opportunities. If you need assistance, we’re here to support you every step of the way and enhance your trading experience.

Receive daily signals for futures and spot trading, aligned with market trends and boasting a high accuracy rate of over 90% on average. Join now and become a professional Binance Futures Market Trader.

Comments

Post a Comment

Popular posts from this blog

Ether Sees Weaker Impact from Spot ETF Inflows Than Bitcoin

Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy - https://telegram.me/freecryptosignalsdaily Download our free app and receive signals on your mobile – https://play.google.com/store/apps/details?id=com.signalBroadcaster.DailyCryptoSignals Ether’s market value responds less to fresh inflow of investment money than BTC. The first wave of spot Ethereum exchange-traded funds (ETFs) in the United States debuted on July 23, with inflows running above $100 million. While the positive flows signal a strong start for the funds, ether (ETH) may not witness the parabolic uptrend bitcoin (BTC) saw after asset managers launched its ETFs earlier this year. In CryptoQuant’s latest weekly crypto report, on-chain experts explained that new money flows into digital asset products like ETFs would have a weaker effect on ETH than BTC due to the networks’ distinct multiplier effects. Pro Binance Signals Group which h...
Read more

Will Bitcoin’s Tight Supply Push Prices Higher?

Image
Explore the provided link to achieve a steady profit in Binance futures trading. Receive complimentary Bitcoin trading signals and utilize the Cornix trading Bot for optimal automated trades: https://telegram.me/btctradingclub Government interest in Bitcoin reserves may be a new demand catalyst. As Bitcoin hovers near its May high, new data suggest that there has been a tightening the leading crypto asset’s supply amid surging institutional demand. Sygnum Bank’s June 2025 Monthly Investment Outlook attributes the asset’s positive momentum to its growing appeal as a safe haven and broader institutional adoption, which are now driving a structural reduction in liquid supply. Bitcoin Demand Shocks Over the past 18 months, Bitcoin exchange balances have fallen by one million BTC, which represents a 30% drop, largely due to increased holdings by ETFs and other acquisition vehicles. These instruments are funneling capital from traditional equity and fixed income investors into the crypto spa...
Read more

XRP Dips Today – Key Reasons Explained

Visit our platform to discover crypto trading strategies, access our premium Binance Futures Bot and Futures Leverage Bot, and get assistance with your crypto trades - https://telegram.me/freebitmexsignals Download our free app to receive trading signals directly on your mobile device - https://play.google.com/store/apps/details?id=com.signalBroadcaster.FreeProfitableSignals XRP price is down 7.50% today, and bulls need to hold the important support level at $2.00 to avoid a deeper correction toward $1.11. XRP mirrors the bearishness in the cryptocurrency market on March 11, with its price down approximately 7.50% in the last 24 hours to $2.08. At its intraday low, it was trading for $1.90. Our free signals on Telegram consistently lead to substantial profits. In 2023, we're the top Crypto Signals service on Telegram, featuring advanced Trade Copier for Bitmex, Bybit, and Binance futures using the Cornix Bot. Our Trade Copier, driven by advanced AI and built-in strategies, consiste...
Read more