Bitcoin Faces Price Retest at $87,500 Amid Bearish Control
- Price Retest Expectation: Analyst Keith Alan forecasts a retest of Bitcoin's price at $87,500, indicating that the market is currently caught in a tussle between buyers and sellers, making it unlikely to break new highs in the short term.
- Market Control Dynamics: Despite the appearance of a golden cross on the daily chart, bears remain dominant on higher timeframes, reflecting cautious market sentiment that could lead to price declines in the coming months.
- Support Defense: Bitcoin's current price hovers around $92,000, with analyst insights suggesting whale activity indicates a need for a support test closer to the yearly open, hinting at increased price volatility in the short term.
- Long-Term Outlook Pessimistic: Multiple trading tools suggest Bitcoin is unlikely to reach new all-time highs in the next six months, with analysts stating that a weekly close above $101,500 is necessary for a true turnaround.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for D
Technical Sentiment Analysis for DAR Open Network (D) As of , DAR Open Network (D) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for D stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, D is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
DAR Open Network (D) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00323 | 0.00623 | 0.00879 | 0.0118 | 0.0144 | 0.0174 | 0.0199 |
| Fibonacci | 0.00623 | 0.00836 | 0.00967 | 0.0118 | 0.0139 | 0.0152 | 0.0174 |
About D
About the author









