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Bitcoin’s major safety net just snapped. Why a drop below $85,000 might risk more selloff
Yahoo Finance· 2026-01-29 17:06
Bitcoin just crashed through a price milestone it's been holding on to for two months, and sellers are calling the shots now. That trusty milestone? Bitcoin's average price over the last 100 weeks. Since November, this so-called 100-week simple moving average has consistently acted as a safety net, a level at which buyers have continued to buy every dip for nine weeks straight. But today, prices have slipped below $85,000, convincingly moving below the 100-week average line, as seen in the chart below. T ...
Stock Of The Day: Is This The Bottom For Pepsi?
Benzinga· 2026-01-06 17:42
Core Viewpoint - PepsiCo, Inc. (NYSE: PEP) shares have experienced a downward trend as investors shift their focus from consumer staples to the financial sector, but the stock is currently at a support level and considered oversold, indicating a potential for reversal and upward movement [1][2][6]. Group 1 - The stock has trended lower due to a market imbalance where supply exceeds demand, leading to a decrease in price [2][3]. - Pepsi's shares are at a support level around $140, where previous sell-offs have ended, suggesting a potential stabilization [6]. - The stock is currently considered oversold, which may attract buyers anticipating a price rebound [7][8]. Group 2 - The Relative Strength Index (RSI) indicates that Pepsi is oversold, as the blue line has crossed below the horizontal red line, reinforcing the potential for a price increase [8]. - The combination of being at a support level and oversold conditions suggests that the downtrend for Pepsi may have ended, with a possibility of reversal [8].
NASDAQ 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Continue to Bounce Around
FX Empire· 2025-12-31 13:54
Dow Jones 30 Technical AnalysisThe Dow Jones 30 looks like it’s going to be a little soft at the open as well, and again, I think this is mainly a symptom of it being so thin and it being the time of year that it is. And therefore, I think you have to look at the 48,000 level as a bit of a floor. We have the 50-day EMA racing towards there as well, so that suggests that we are in fact, going to see support come into the picture sooner or later, and I think the correct way to look at it is sooner. But thinki ...
Crude Oil Price Forecast: Bulls Trigger Weekly Reversal, Resistance Looms Ahead
FX Empire· 2025-12-25 22:01
Core Viewpoint - Crude oil is facing key resistance levels that could determine the direction of its price movement, with a potential trend reversal contingent on surpassing recent swing highs [1][2]. Price Resistance and Trend Reversal - Crude oil is on a path to test resistance at $59.26 (10-week moving average) and $59.37 (78.6% Fibonacci retracement), with the 50-day average at $59.13 [1] - A daily close above the 50-day average would indicate a higher likelihood of a trend reversal, although previous attempts to break this level have failed [2] - The recent swing high of $60.56 must be surpassed for a confirmed trend reversal from the current downtrend [1] Support Levels and Near-Term Outlook - Key support levels are identified at last week's high of $57.82 and this week's low of $56.93, with the latter being significant as it represents a higher weekly low [3] - A sustained decline below the recent low would signal a bearish outlook, while bullish reversals from current lows could lead to rallies [3] - Until a daily close above the 50-day line occurs, resistance is expected to hinder the current counter-trend advance [3]
X @Michaël van de Poppe
Michaël van de Poppe· 2025-12-22 09:44
There we go,#Bitcoin held above a crucial level of support at $86.5K and continues to grind upwards.US Markets aren't open yet, so the actual move still needs to wait, but breaking this resistance and the arguments for a run to $100K start to stack up.Whether it's this month or next month, I assume we'll see that test happening in the next weeks.Crucial for me: How are #Altcoins going to perform in that period? Are they going to outperform Bitcoin or not?Most likely: instead of a bear market rally, I would ...
X @Michaël van de Poppe
Michaël van de Poppe· 2025-12-19 11:22
$ETH vs. $BTC is still holding the support level, although Bitcoin drove recent Ethereum price action.In that light, I think we'll start to trend up the moment Bitcoin breaks above $88,000.Remember, since April '25, it's been an $ETH market already. https://t.co/67wJWBsRVF ...
X @Michaël van de Poppe
Michaël van de Poppe· 2025-12-15 11:32
The total market capitalization of #Crypto is undefined in its direction.Yes, there's been a firm correction, but we've seen this in February '25.That's nothing special.The current chart is quite similar to the chart after the COVID-19 crash.Price stalled for a little bit, direction unclear, and then the trend slowly started to grind back upwards.Crucial levels are: $3.2T and the $2.85T resistance and support levels.In between, nothing special. Real trading will occur when either level is broken. ...
X @Cointelegraph
Cointelegraph· 2025-12-10 17:00
🚨 TODAY: Fidelity says $BTC found strong support near $85.5K with ~430K BTC bought, as markets now await today’s Fed meeting. https://t.co/13UwpdSwZo ...
Stock Of The Day: Has Oracle Reached A Bottom?
Benzinga· 2025-12-01 15:07
Core Viewpoint - Oracle Corporation has experienced a significant decline of over 40% in two months, but it may have reached a bottom, indicating a potential reversal and upward movement in stock price [1]. Supply and Demand Dynamics - The stock market is driven by supply and demand; when supply exceeds demand, prices fall [1]. - In late September, sellers dominated the market for Oracle, leading to insufficient demand to absorb the sell orders, which caused the stock price to decline [1][3]. Selloff and Support Levels - The selloff continued until late November, with traders forced to sell shares at discounted prices to attract buyers, creating a snowball effect that further pushed the stock down [3]. - Selloffs typically pause or end at support levels, where there is enough demand to absorb sell orders, preventing further price declines [3]. Historical Resistance and Current Support - Oracle has established support around $191, a level that previously acted as resistance in January, illustrating a common market dynamic where prior resistance can become support [4]. - Many sellers around the $191 mark regretted their decision when the price broke through resistance in June, leading them to place buy orders when the stock returned to this level [4][5]. Potential for Rally - The influx of buy orders from remorseful sellers at the $191 support level has created a foundation for potential upward movement [5]. - Traders are closely monitoring Oracle for signs of a rally, as impatient buyers may start to outbid each other, driving the stock into an uptrend [5].
X @Mayne
Mayne· 2025-11-20 19:13
Iron clad support at $0 ...