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Bitcoin Lingers Below $26.5 Amid Debt Ceiling Worries

[May 25, 2023 2:56 PM] Unemployment and productivity data arrived stronger than expected but investors seemed focused narrowly on the ongoing negotiations that will determine if the U.S. government has to default on its debts.

Bitcoin Bears Aim Big After Recent Breakdown Below $26,500

[May 24, 2023 8:52 PM] Bitcoin price is declining from the $27,500 resistance. BTC traded below $26,500 and now remains at risk of a drop toward the $25,500 support zone. Bitcoin is moving lower from the $27,400 and $27,500 resistance levels. The price is trading below…

Down But Not Out: The One Line Bitcoin Must Hold To Be Bullish

[May 24, 2023 2:11 PM] Bitcoin price is falling, testing the low $26,000 area of support after weeks of painful, sideways consolidation. While the horizontal support line is clearly important, it’s nowhere near as critical as another line that BTCUSD absolutely must hold…