Dossier
resistance level
Coverage of resistance level in the Nexus archive.
- Bitcoin ‘trapped below’ key resistance level as ETF outflows stretch to three days amid Fed split
Bitcoin remains below a critical resistance level as three-day ETF outflows persist, coinciding with the Federal Reserve's deep internal division. Analysts emphasize the Fed's split over the central bank's pause in monetary policy adjustments.
- Bitcoin price drops below $76K as onchain data sends mixed signals
Bitcoin's price fell below $76,000 as it failed to break the $80,000 resistance level, despite rising spot CVD potentially supporting a recovery. Onchain fundamentals remain weak, contributing to the downturn.