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

Purpose Investments Stakes $80M in Ethereum, Signaling Institutional Confidence

08/08/2026

Strive CEO Says Bitcoin Holdings Could Be Sold if It Benefits Shareholders

08/08/2026

Lucky trader makes $800k on Robinhood Chain meme coin

08/08/2026
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

    Bitcoin Rainbow Chart predicts BTC price for July 1, 2026

    08/08/2026

    Scaramucci and Novogratz Predict BTC to Reclaim $70K Soon

    08/08/2026

    Bitcoin eyes relief rally as Trump says Iran deal may be signed Sunday

    08/08/2026

    Bybit Highlights Factors That Pulled BTC Below $60K

    08/08/2026

    Purpose Investments Stakes $80M in Ethereum, Signaling Institutional Confidence

    08/08/2026

    Whale Address Accumulates $71.1M in Ethereum via Galaxy Digital OTC Desk

    08/08/2026

    Ethereum Foundation Grant Address Transfers $1.08M in ETH to Gnosis Safe, Deposits $5K to Kraken

    08/08/2026

    Ethereum Price Eyes Next Rally After $60M ETF Inflows and Massive Whale Accumulation

    08/08/2026

    Lucky trader makes $800k on Robinhood Chain meme coin

    08/08/2026

    Week in Review – July 20 – July 26

    08/08/2026

    Is Japan Leading the Charge to Make XRP a Global Standard?

    08/08/2026

    On-Chain Data Reveals How 52 Whales Cashed Out on Retail

    08/08/2026

    Rarible launches on Solana with Claynosaurz NFTs

    07/08/2026

    An actual NFT success story? Tascha Labs’ shattered diamond

    06/08/2026

    NFT startup founder charged with misusing funds from $10 million fundraising

    06/08/2026

    What Happens to Your Attendance NFTs?

    04/08/2026

    Purpose Investments Stakes $80M in Ethereum, Signaling Institutional Confidence

    08/08/2026

    Strive CEO Says Bitcoin Holdings Could Be Sold if It Benefits Shareholders

    08/08/2026

    Lucky trader makes $800k on Robinhood Chain meme coin

    08/08/2026

    Nigel Farage aide received $9M on Polymarket account, report

    08/08/2026
  • Blockchain

    Ondo Finance holds largest tokenized ETF issuer spot as Binance closes gap

    07/08/2026

    World Chain to deploy streamed EIP-7928 block access lists

    07/08/2026

    xStocks Holders Gain Voting Rights via Broadridge and Payward

    07/08/2026

    Quantum risk blockchain exposure hits five weak points — Starknet already fixes two

    07/08/2026

    Kinexys lands its first Qatari Islamic bank as Dukhan Bank goes live

    07/08/2026
  • DeFi

    Aster’s USDF Stablecoin Now Yields Up to 15.30% APY: How It Works

    08/08/2026

    Uniswap-Backed Launchpad Pools.trade Makes Strong Debut on Robinhood Chain

    07/08/2026

    RWA deposits triple to $7.4B despite DeFi slump: CoinShares

    07/08/2026

    How Uniswap’s fee switch could change the economics of DeFi governance tokens

    07/08/2026

    Aave and Uniswap push OKX’s X Layer DeFi to record levels

    07/08/2026
  • 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

    Strive CEO Says Bitcoin Holdings Could Be Sold if It Benefits Shareholders

    08/08/2026

    Dollar stablecoins could improve FX access but amplify currency runs: IMF paper

    08/08/2026

    Crypto IPO market stalls as capital rotates to AI and macro uncertainty weighs

    08/08/2026

    Why retail investors are ditching broader index bets for selective trades

    08/08/2026

    $1,000 invested in SpaceX stock one month ago is now worth

    08/08/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Nigel Farage aide received $9M on Polymarket account, report

    08/08/2026

    As BitMEX exits, analysts warn crypto consolidation is accelerating

    08/08/2026

    Pendle Announces New AI Trading Agent — Enhancing Market Strategy

    08/08/2026

    Does iPhone 16 Pro Support NFC for Crypto Payments?

    08/08/2026

    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

    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

    why gameplay now beats crypto rewards

    29/07/2026

    From NFT gaming to mining simulators

    29/07/2026

    Bitcoin Miner MARA Posts $611M Loss as Revenue Falls 27%

    08/08/2026

    Almost One in Four Bitcoin Miner Models Now Operating at a Daily Loss

    08/08/2026

    MARA swings to Q2 loss as Bitcoin’s slump masks higher output

    07/08/2026

    CleanSpark misses Wall Street revenue estimates as shares sink

    07/08/2026

    India orders takedown of Jack Dorsey’s bitcoin-linked messaging app Bitchat

    08/08/2026

    EU widens Belarus ownership ban to all crypto service providers

    08/08/2026

    Ripple CTO Emeritus Gives Stalled US Crypto Bill Ironic New Identity

    08/08/2026

    Cardano Founder Agrees With Elizabeth Warren, Says Trump Should Stay Out of Crypto

    08/08/2026

    Purpose Investments Stakes $80M in Ethereum, Signaling Institutional Confidence

    08/08/2026

    Strive CEO Says Bitcoin Holdings Could Be Sold if It Benefits Shareholders

    08/08/2026

    Lucky trader makes $800k on Robinhood Chain meme coin

    08/08/2026

    Nigel Farage aide received $9M on Polymarket account, report

    08/08/2026
  • 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

Bitcoin Rainbow Chart predicts BTC price for July 1, 2026

08/08/2026

Scaramucci and Novogratz Predict BTC to Reclaim $70K Soon

08/08/2026

Bitcoin eyes relief rally as Trump says Iran deal may be signed Sunday

08/08/2026

Bybit Highlights Factors That Pulled BTC Below $60K

08/08/2026
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

Purpose Investments Stakes $80M in Ethereum, Signaling Institutional Confidence

08/08/2026

Strive CEO Says Bitcoin Holdings Could Be Sold if It Benefits Shareholders

08/08/2026

Lucky trader makes $800k on Robinhood Chain meme coin

08/08/2026
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.