Total2 chart Archives - Coin Engineer https://coinengineer.net/blog/tag/total2-chart/ Btc, Coins, Pre-Sale, DeFi, NFT Mon, 21 Jul 2025 07:50:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Total2 chart Archives - Coin Engineer https://coinengineer.net/blog/tag/total2-chart/ 32 32 Bitcoin Approaches Key Resistance: New High Incoming? https://coinengineer.net/blog/bitcoin-approaches-key-resistance-new-high-incoming/ https://coinengineer.net/blog/bitcoin-approaches-key-resistance-new-high-incoming/#respond Mon, 21 Jul 2025 08:30:42 +0000 https://coinengineer.net/blog/?p=46489 The crypto market might be on the verge of a new breakout. Recent price action suggests that Bitcoin could be leading another strong rally, as traders closely monitor critical support and resistance levels. This week may prove pivotal in shaping near-term market sentiment. Support Reaction Followed by Resistance Break The previously highlighted $116,390 support level

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]]> The crypto market might be on the verge of a new breakout. Recent price action suggests that Bitcoin could be leading another strong rally, as traders closely monitor critical support and resistance levels. This week may prove pivotal in shaping near-term market sentiment.

Support Reaction Followed by Resistance Break

The previously highlighted $116,390 support level acted as a solid launchpad for Bitcoin. The price responded impressively from this level and managed to break through the resistance range of $118,000 – $118,400. Following the breakout, the price reached the $119,000 target, reinforcing bullish expectations.

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All eyes are now on the $120,760 level. If this resistance is breached, we might witness an attempt at a new all-time high. Market participants are closely watching this development, as it could shift the overall sentiment not just for Bitcoin, but for the broader crypto landscape.

Cautious Optimism in the Altcoin Market

Meanwhile, Bitcoin dominance remains at a key support zone, while the Total2 index, which represents the altcoin market, is testing resistance. This contrast signals the need for cautious positioning in altcoins. Waiting for confirmation signals before entering long trades could be prudent.

Bitcoin resistance and support levels chart
BTC/USDT pair 4-hour chart

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