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Bitcoin (BTCUSD) Approaches a Break Below Our Price Target – Analysis –04-11-2026
(BTCUSD) recorded sharp losses in its latest intraday trading, positioning itself to break below the key support level of $76,500, which was a price target in our previous analysis, amid the dominance of the main short-term bearish trend, with the price moving alongside a minor trend line supporting this bearish trajectory, in addition to continued negative pressure resulting from trading below EMA50, intensifying the negative pressure on the price.
Meanwhile, the relative strength indicators have begun to show a negative crossover after reaching deeply overbought territory, leaving room for further losses in the near term.
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Crude Oil Approaches a Break Below Its Current Support – Analysis –04-11-2026
Crude oil declined in its latest intraday trading, preparing to break below support at $94.35, a level that had represented a price target in our previous analysis, amid the dominance of a steep bearish corrective wave over the short term.
MoreSilver Faces Negative Pressure –Analysis –04-11-2026
Silver declined in its latest intraday trading after the price managed to unwind its oversold conditions on the relative strength indicators. These indicators have now begun to show a negative crossover, which could increase the likelihood of further declines in the near term.
MoreGold Edges Higher Amid Continued Negative Pressure – Analysis –04-11-2026
Gold posted cautious gains in its latest intraday trading, driven by positive signals emerging from the relative strength indicators after the price had previously succeeded in unwinding its overbought conditions. This provided some positive momentum, helping the price achieve these gains.
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