Market Resistance

Definition

Market resistance denotes a price level where an asset’s upward momentum is expected to stall or reverse due to an increase in selling pressure. It represents a ceiling where the number of sellers outweighs the number of buyers, preventing further price increases. Identifying these levels is a key aspect of technical analysis for trading digital assets.

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∞Trading Levels

∞Market Resistance

∞Price Correction

Bitcoin’s $117,000 Resistance: Breakout or Prolonged Correction

Bitcoin's on-chain data shows a critical supply concentration at $117,000, indicating a pivotal moment for its price trajectory.

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∞On-Chain Metrics

∞Crypto Volatility

∞Market Cycle

Bitcoin Faces Correction Risk despite Bottom Signals

Bitcoin's on-chain data indicates a potential market bottom, but significant investor profits suggest a deeper price correction is possible.

An intricate mechanical assembly, resembling a precision watch movement, forms the foundation. A silver, circular cryptocurrency token, possibly an algorithmic stablecoin, is embedded within this sophisticated protocol mechanics. Above it, a complex, vibrant blue structure of interconnected cubic blocks represents dynamic blockchain infrastructure and decentralized ledger technology. This visual narrative emphasizes the underlying engineering and smart contract execution supporting digital asset tokenization within a robust DeFi ecosystem, illustrating the transition from traditional mechanisms to advanced distributed systems.

∞Fibonacci Analysis

∞Price Breakout

∞CVDD Channel

Bitcoin’s Next Bull Run Hinges on Breaking $118k Resistance

On-chain data suggests Bitcoin is poised for a significant upward move if it can decisively overcome the $118,000 price level.

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∞Market Resistance

∞Institutional Inflows

∞Price Momentum

Bitcoin ETF Inflows Fuel Push towards Key $118k Resistance

Strong Bitcoin ETF inflows signal sustained institutional interest, yet the path above $118,000 faces immediate resistance.