By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Notification
yourcryptonewstoday yourcryptonewstoday
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
Reading: Bitcoin slows down near $104,700 as price consolidates inside a range
Share
bitcoin
Bitcoin (BTC) $ 74,366.00
ethereum
Ethereum (ETH) $ 2,329.99
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 617.02
usd-coin
USDC (USDC) $ 0.999834
xrp
XRP (XRP) $ 1.36
binance-usd
BUSD (BUSD) $ 0.998813
dogecoin
Dogecoin (DOGE) $ 0.093205
cardano
Cardano (ADA) $ 0.241108
solana
Solana (SOL) $ 83.88
polkadot
Polkadot (DOT) $ 1.17
tron
TRON (TRX) $ 0.32377
Your Crypto News TodayYour Crypto News Today
  • Home
  • News
  • MarketCap
  • Altcoins
  • Crypto
  • Blockchain
  • Market
  • Mining
  • Exchange
  • Analysis
Search
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
© 2024 All Rights reserved | Protected by Your Cryptonews Today
Your Crypto News Today > News > Crypto > Bitcoin > Bitcoin slows down near $104,700 as price consolidates inside a range
Bitcoin

Bitcoin slows down near $104,700 as price consolidates inside a range

May 19, 2025 4 Min Read
Share
Bitcoin slows down near $104,700 as price consolidates inside a range

Table of Contents

Toggle
  • Key technical factors
  • What to anticipate within the coming value motion

Bitcoin has traded sideways for a lot of the week, with value motion caught between $100,700 assist and $104,700 resistance. The dearth of quantity and tight-range habits suggests a breakout continues to be pending.

Bitcoin (BTC) has skilled unusually gradual value motion this week, consolidating between clearly outlined assist and resistance ranges. Merchants have been intently monitoring the $100,700 and $104,700 ranges, which now function the decrease and higher bounds of the present buying and selling vary. Regardless of repeated checks of each ranges, BTC has didn’t make a decisive transfer exterior the zone, indicating that the market stays in a section of accumulation or indecision.

Key technical factors

  • Outlined Buying and selling Vary: Value is oscillating between $100,700 assist and $104,700 resistance
  • Main Resistance: $104,700 acts as confluence resistance (worth space excessive + vary excessive)
  • Lack of Quantity: Low participation is suppressing any potential breakout

BTCUSDT (1H) Chart, Supply: TradingView

BTC has been rotating cleanly between assist at $100,700 and resistance at $104,700, making a well-defined vary that merchants are actively respecting. Each the vary high and low have held agency throughout current checks, confirming this zone because the dominant short-term construction. The resistance at $104,700 is especially vital, because it represents not solely the native vary excessive but in addition aligns with the Worth Space Excessive and Level of Management from the present quantity profile, reinforcing its position as a powerful barrier.

You may also like: Why is crypto down at present? 3 cash to keep away from market downturn XRP, DOGE and TRON

From a quantity perspective, Bitcoin is at present missing momentum. The amount profile has been steadily declining, contributing to sluggish value motion and repeated failed breakout makes an attempt. With no notable improve in shopping for or promoting stress, BTC is unlikely to interrupt convincingly from the present vary. This aligns with the sample of a number of candle closes inside the zone, a transparent signal of market indecision and a scarcity of conviction from each bulls and bears.

The present construction favors a rotational technique, the place merchants capitalize on bounces between assist and resistance. Nevertheless, this setup will finally give technique to a breakout as soon as both facet beneficial properties directional management. When that second arrives, robust quantity influx will probably be important to validate the transfer and keep away from a fakeout.

What to anticipate within the coming value motion

Except Bitcoin breaks above $104,700 or beneath $100,700 with a transparent spike in quantity, value motion is more likely to stay gradual and range-bound. A breakout supported by robust quantity might open the door to the subsequent leg increased, doubtlessly concentrating on $107,000–$110,000.

Till then, continued sideways motion and clear rejections between assist and resistance ought to be anticipated.

Learn extra: Unlocking the $10t housing hole: How T-RIZE is fixing the G20’s actual property disaster

You Might Also Like

VanEck warns of brief but critical ‘uncertainty window’ for Bitcoin to adapt to quantum threat

Bitcoin Briefly Surpasses $106K Before Pullback, Analyst Sees Stable Momentum

When Will Bitcoin Price Surpass $100,000? 6 Experts Give Their Opinions

A Discussion on the Ongoing Wall Street Takeover of Bitcoin

EU shock Bitcoin move: A European central bank quietly bought BTC despite ECB’s hard “No”

TAGGED:BitcoinBitcoin News
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

Ethereum
Ethereum Sees Spike In Daily Transactions While Price Momentum Gradually Fades
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
TRON's Justin Sun Debunks Binance Listing Rumors
TRON’s Justin Sun Debunks Binance Listing Rumors
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Are NFTs Making a Return to Auction Houses?
Are NFTs Making a Return to Auction Houses?

You Might Also Like

image
Bitcoin

Why Bitcoin Fell Short as Lyn Alden Points to Weak Demand and Routine OG Selling

March 8, 2026
Leveraged Bitcoin Longs on Bitfinex Weakest Since December and It Could Mean Rally Time
Bitcoin

Leveraged Bitcoin Longs on Bitfinex Weakest Since December and It Could Mean Rally Time

June 7, 2025
Patent troll wins Bitcoin logo trademark, now claims online copyright infringement
Bitcoin

Patent troll wins Bitcoin logo trademark, now claims online copyright infringement

October 20, 2025
From Jamie Dimon to Donald Trump: Why everyone eventually understands Bitcoin
Bitcoin

From Jamie Dimon to Donald Trump: Why everyone eventually understands Bitcoin

September 7, 2025
yourcryptonewstoday yourcryptonewstoday
yourcryptonewstoday yourcryptonewstoday

"In the fast-paced world of digital finance, staying informed is essential, and we’re here to help you navigate the evolving landscape of crypto currencies, blockchain, & digital assets."

Editor Choice

Tradeweb backs crypto ECN Crossover Markets in $31M funding round
All About Ethereum’s Big Day Ahead
Bitcoin and Solana Are the Future: Anthony Scaramucci

Subscribe

* indicates required
/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */

Intuit Mailchimp

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Linkedin Facebook
  • About Us
  • Contact Us
  • Disclaimer
  • Terms of Service
  • Privacy Policy
Reading: Bitcoin slows down near $104,700 as price consolidates inside a range
Share
Follow US
© 2025 All Rights reserved | Protected by Your Crypto News Today
Welcome Back!

Sign in to your account

Lost your password?