Ah, the cryptocurrency world! A veritable soap opera of digital coins, and today, it seems the majority are experiencing a delightful little rise, according to our dear friends at CoinStats. 🎭
BTC/USD: The Star of the Show
Our leading lady, Bitcoin (BTC), has decided to grace us with a modest rise of 0.35% over the past day. How positively thrilling! 🥳
Now, if we glance at the hourly chart, we see BTC has performed a rather theatrical false breakout of the support level at $114,871. Most of the daily ATR has been passed, which, I daresay, suggests we might not be in for a dramatic increase in volatility by tomorrow. How utterly boring! 😴
On a longer time frame, our dear Bitcoin has taken a little bounce off yesterday’s bar low at $114,706. Quite the acrobat, isn’t she?
Should she break out, we might be looking at a descent into the $112,000-$113,000 zone. A tragic fall from grace, if you will! 🎢
From a midterm perspective, the situation appears to be more bearish than bullish, as BTC is falling after the previous bearish bar’s closure. If our bullish friends don’t take the reins soon, we can expect a rather dramatic test of the support level shortly. Oh, the suspense! 🎬
As of this very moment, Bitcoin is trading at a rather posh $115,599. Will it rise to the occasion or take a nosedive? Stay tuned! 🍿
Read More
- Best Controller Settings for ARC Raiders
- Stephen Colbert Jokes This Could Be Next Job After Late Show Canceled
- 7 Home Alone Moments That Still Make No Sense (And #2 Is a Plot Hole)
- DCU Nightwing Contender Addresses Casting Rumors & Reveals His Other Dream DC Role [Exclusive]
- Ashes of Creation Rogue Guide for Beginners
- Is XRP ETF the New Stock Market Rockstar? Find Out Why Everyone’s Obsessed!
- 10 X-Men Batman Could Beat (Ranked By How Hard It’d Be)
- Alien films ranked: Which is the best entry in the iconic sci-fi franchise?
- S.T.A.L.K.E.R. 2: Heart of Chornobyl Update Adds Night Vision Goggles, New Anomaly, and More
- The 9th Charnel launches January 30, 2026
2025-08-19 16:56