Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Chinese Founder Announces Short Position in Bitcoin, Issues Alarm for These Levels! Here’s the Scenario He Expects!

07/10/2026

Can ETH reach $3,000 after POAP founder moves $10.8M?

07/10/2026

Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official

07/10/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Chinese Founder Announces Short Position in Bitcoin, Issues Alarm for These Levels! Here’s the Scenario He Expects!

    07/10/2026

    Can $81K Hold as RSI Reaches Overbought Territory as MemeToro Gains Stage 7 Momentum?

    07/10/2026

    Strategy Returns With a $370M Purchase as BTC Holds Above $80K for the First Time Since 2025

    07/10/2026

    Which Projects Show Verifiable Progress?

    06/10/2026

    Can ETH reach $3,000 after POAP founder moves $10.8M?

    07/10/2026

    Ether’s liquidity drop left order books thinner than Bitcoin’s despite its 70% rally

    07/10/2026

    Ethereum Leads Market with $185.8B in RWAs and Stablecoins

    07/10/2026

    Buying Wind in the Cryptocurrency Market! Significant Activity in Bitcoin, Ethereum, and Solana! Here are the Details…

    06/10/2026

    AI agents are executing millions of micro-payments on XRP Ledger, but hardly any tokens are being bought

    07/10/2026

    Privacy Cryptos ZCash and Monero Battle as MemeToro Launches Open-Source Agent Framework

    07/10/2026

    BNB to $1000 in 2026? Best BNB Chain Projects to Buy as Investors Dive Deeper into BNB Related Launches

    06/10/2026

    Crypto.com keeps rewriting terms for CRO holders

    06/10/2026

    Flying Tulip’s NFT Options Market Tops $5 Million in Volume, Cronje Says

    06/10/2026

    NFT sales fall 23% to $40.9m as Panini jumps 557%

    03/10/2026

    Justin Bieber’s $1.3 Billion Bored Ape NFT is Worthless—Blockstream CEO

    28/09/2026

    The NFT party is over and everybody now owes storage rent

    27/09/2026

    Chinese Founder Announces Short Position in Bitcoin, Issues Alarm for These Levels! Here’s the Scenario He Expects!

    07/10/2026

    Can ETH reach $3,000 after POAP founder moves $10.8M?

    07/10/2026

    Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official

    07/10/2026

    AI agents are executing millions of micro-payments on XRP Ledger, but hardly any tokens are being bought

    07/10/2026
  • Blockchain

    Coinbase’s Brian Armstrong Celebrates New Startups in Base

    06/10/2026

    Africa’s Largest IPO and Memestocks Boost Solana’s

    06/10/2026

    Rialo eyes South Korea as institutions look to move financial services onchain

    06/10/2026

    Prividium Expands to Japan, Partnering with NexBridge

    06/10/2026

    QuantusNetwork Launches Post-Quantum Asset $QTC on NEAR

    06/10/2026
  • DeFi

    Vault Curation Now Powered by Wintermute’s Liquidity

    06/10/2026

    xStocks on XLayerOfficial Reach $2B in Volume, Reports Uniswap

    06/10/2026

    Aave hikes GHO borrow rates to rescue depleted stablecoin pools

    06/10/2026

    Aave Activates LlamaRisk Agents for Pendle Collateral on Plasma

    06/10/2026

    0xProject’s Swap Volume Hits $10B, Confirms Arbitrum

    06/10/2026
  • Metaverse

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026
  • Regulation

    Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official

    07/10/2026

    Coinbase stock on edge as CLARITY Act odds of passing dip despite Trump concessions

    07/10/2026

    Crypto market sinks as Fed hike odds climb above 92%

    07/10/2026

    Strategy (MSTR) stock falls 5% as Clarity Act stalls

    06/10/2026

    Bitpanda CEO to Depart as Crypto Broker Delays Frankfurt IPO

    06/10/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Bybit eyes payments, stocks and crypto in Türkiye

    07/10/2026

    Base Launches 26 New Tokenized Stocks, Expanding Trading

    07/10/2026

    Binance Futures Lists CTUSDT Perpetual Contract for Concrete

    07/10/2026

    OKX Launches Tokenized ETFs for Enhanced Trading Strategies

    06/10/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Top 12 NFT games every player should know about in August 2026

    19/08/2026

    GameShame Studios founder details Raijin Protocol’s roadmap in NeoPod’s sixth AMA

    13/08/2026

    How BC.GAME is turning players into stakeholders

    04/08/2026

    YGG Play Shuts Down Services as Yield Guild Pivots to AI Data

    01/08/2026

    3 countries control 66% of Bitcoin mining, but 1 rival is gaining

    07/10/2026

    $1.5 Billion in Hardware Behind the AI Pivot

    04/10/2026

    Bitcoin Miners Bank Strong September as Difficulty Barely Budges

    04/10/2026

    30 Bitcoin miners detained in Malaysia electricity theft investigation

    30/09/2026

    Philippines freezes 25 crypto wallets tied to flood scandal

    07/10/2026

    The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking

    07/10/2026

    Philippine Central Bank Tightens Crypto Regulations

    07/10/2026

    There’s an election next month: State of Crypto

    06/10/2026

    Chinese Founder Announces Short Position in Bitcoin, Issues Alarm for These Levels! Here’s the Scenario He Expects!

    07/10/2026

    Can ETH reach $3,000 after POAP founder moves $10.8M?

    07/10/2026

    Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official

    07/10/2026

    AI agents are executing millions of micro-payments on XRP Ledger, but hardly any tokens are being bought

    07/10/2026
  • MarketCap
NBTC News
Home»Bitcoin»Bulls Defend $109K as Key Resistance Looms
Bitcoin

Bulls Defend $109K as Key Resistance Looms

NBTCBy NBTC12/07/2025No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Bitcoin price settled at $109,718 as of May 26, 2025, with a market capitalization of $2.18 trillion and a 24-hour trading volume of $29.24 billion. The intraday price action was bounded within a range of $106,802 to $110,078, reflecting a volatile yet structured trading session.

Bitcoin

The 1-hour chart indicates a choppy trading environment with bitcoin (BTC) bouncing from a local low of $106,666 back to the $110,000 level. Volume spiked during the dip, likely driven by short-covering activity, and diminished during the recovery, signaling a lack of strong buying conviction. Current price behavior shows consolidation just below $110,000, pointing to trader indecision. Entry opportunities are visible near $109,000–$109,200, with tight stop-loss placements below $108,500. Profit-taking near $110,500–$111,000 is advisable unless upward momentum accelerates significantly.

BTC/USD 1-hour chart via Bitstamp on May 26, 2025.

On the 4-hour chart, bitcoin shows a minor downtrend from its recent $112,000 peak down to approximately $106,500, followed by a tentative recovery. Volume during this recovery has thinned out, hinting at weak demand. A bear flag pattern may be forming, characterized by a gentle upward drift post-drop on subdued volume. If the price faces rejection around $110,500–$111,000 with heightened volume, a bearish outlook could intensify. However, a bullish reclaim of $111,000 with strong volume would validate a potential breakout back toward $112,000.

BTC/USD 4-hour chart via Bitstamp on May 26, 2025.

The daily chart reflects a broader bullish momentum initiated in early May, peaking recently at $112,000 per BTC. Volume patterns support the uptrend but also show a notable red candle post-peak, suggesting a swift rejection at that resistance. The price currently finds support within the $106,000–$108,000 consolidation zone. A pullback toward $108,000–$109,000 could offer attractive long entries, particularly if accompanied by bullish candlestick formations. A failure to surpass the $112,000 mark on subsequent tests, especially amid declining volume, may trigger exit signals and caution among buyers.

BTC/USD 1-day chart via Bitstamp on May 26, 2025.

Oscillator readings present a nuanced perspective. The relative strength index (RSI) stands at 67, suggesting the asset is approaching overbought territory but remains neutral. The Stochastic oscillator registers at 72 and, like the commodity channel index (CCI) at 118, signals neutrality. The average directional index (ADX) at 32 indicates a developing trend without extreme strength. While the momentum indicator shows a bullish signal at 6,214, the moving average convergence divergence (MACD) level at 3,793 signals a bearish divergence, presenting mixed oscillator sentiment that demands trader caution.

Moving averages (MAs) across all timeframes are uniformly bullish. The exponential moving average (EMA) and simple moving average (SMA) across the 10, 20, 30, 50, 100, and 200-period settings all align in favor of a continued upward trend. Specifically, short-term EMAs such as the 10-period EMA at $107,654 and 20-period EMA at $104,933 confirm bullish momentum with price action above these thresholds. Longer-term indicators like the 200-period EMA and SMA at $89,874 and $94,143 respectively underline a strong foundational trend. These aligned averages reinforce the bullish structure unless disrupted by a volume-driven reversal.

Fibonacci retracement levels further clarify support and resistance. On the daily chart, key levels include 38.2% at $101,737 and 50% at $98,567, both representing strong support if bitcoin experiences profit-taking. For the 4-hour chart, the 38.2% to 50% range between $109,032 and $108,116 is critical due to its confluence with volume clusters, making it a likely buy zone upon retest. On the 1-hour chart, the retracement levels between 50% ($108,466) and 61.8% ($108,041) present ideal zones for short-term scalping with stops set below the 78.6% retracement at $107,436. These retracement clusters provide precision in risk management and entry planning.

In summary, bitcoin remains in a technically supportive structure across timeframes, though price action near key resistance levels and mixed oscillator signals warrant a disciplined trading approach. Momentum remains largely bullish with caveats, especially near the psychological and technical thresholds of $112,000.

Bull Verdict:

Bitcoin’s strong positioning above all major moving averages, coupled with bullish momentum on higher timeframes and a well-supported price base around $106,000–$108,000, supports a continuation of the uptrend. If the price reclaims $111,000 with convincing volume, a breakout to new highs above $112,000 appears likely.

Bear Verdict:

Despite a broadly bullish structure, the presence of a potential bear flag on the 4-hour chart and mixed oscillator signals—including a sell from the MACD—introduce downside risk. A failure to reclaim $111,000 or a rejection accompanied by high volume could catalyze a deeper pullback toward the 38.2% or 50% Fibonacci retracement levels near $101,737 or $98,567.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

Chinese Founder Announces Short Position in Bitcoin, Issues Alarm for These Levels! Here’s the Scenario He Expects!

07/10/2026

Can $81K Hold as RSI Reaches Overbought Territory as MemeToro Gains Stage 7 Momentum?

07/10/2026

Strategy Returns With a $370M Purchase as BTC Holds Above $80K for the First Time Since 2025

07/10/2026

Which Projects Show Verifiable Progress?

06/10/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Chinese Founder Announces Short Position in Bitcoin, Issues Alarm for These Levels! Here’s the Scenario He Expects!

07/10/2026

Can ETH reach $3,000 after POAP founder moves $10.8M?

07/10/2026

Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official

07/10/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.