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BTCUSD Bitcoin

107,801.03

4,687.93 (4.55%)

08:30:51 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	2,132,322,875,739	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	4,687.93	4.55%	107,801.03	107,801.02	107,801.03

High Price	Low Price	Open Price	Prev. Close	52 Week Range
109,356.00	99,460.67	106,900.00	103,113.10	38,501.00 - 108,388.88

Exchange	Last Trade	Size	Trade Price	Currency
CRTO	08:30:51	0.000010	107,804.02	USD

Price x Volume	Volume	Base Symbol	Related Pairs
1,008,770,559.72	9,716.59	BTC	BTCEUR	BTCGBP	ETHBTC

Bitcoin Price Stays Above $100K: Calm Before the Next Surge?

20/01/2025 2:59am

NEWSBTC

Bitcoin price started a short-term downside correction from the $106,250 zone. BTC is consolidating above $100,000 and might aim for a fresh increase. Bitcoin started a downside correction from the $106,250 zone. The price is trading below $103,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $104,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $100,000 support zone. Bitcoin Price Holds $100K Bitcoin price started a decent upward move above the $100,000 zone. BTC was able to climb above the $102,500 and $103,800 levels. A high was formed at $106,246 and the price recently started a downside correction. There was a drop below the $104,000 and $103,500 levels. Besides, there was a break below a key bullish trend line with support at $104,650 on the hourly chart of the BTC/USD pair. A low was formed at $99,538 and the price is now rising. There was a move above the 23.6% Fib retracement level of the recent decline from the $106,246 swing high to the $99,538 low. Bitcoin price is now trading below $103,800 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $102,000 level. The first key resistance is near the $103,000 level or the 50% Fib retracement level of the recent decline from the $106,246 swing high to the $99,538 low. A clear move above the $103,000 resistance might send the price higher. The next key resistance could be $104,650. A close above the $104,650 resistance might send the price further higher. In the stated case, the price could rise and test the $106,250 resistance level. Any more gains might send the price toward the $108,500 level. More Losses In BTC? If Bitcoin fails to rise above the $103,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $100,500 level. The first major support is near the $100,000 level. The next support is now near the $98,800 zone. Any more losses might send the price toward the $96,500 support in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $100,500, followed by $100,000. Major Resistance Levels – $103,000 and $104,650.

1 Year Bitcoin Chart

1 Year Bitcoin Chart

1 Month Bitcoin Chart

1 Month Bitcoin Chart

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