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BTC Price Nears $21.7K as Whales Boost Bitcoin ‘Almost Perfectly’

It’s all about the big-volume buy and sell zones for Bitcoin on short timeframes, data reveals. Bitcoin (BTC) sought to overturn August resistance on Sep. 10 as whale buy-levels dictated BTC price action. Whales provide short-term price ceiling Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new multi-week highs of $21,671 on Bitstamp. The pair capitalized on […]

Bitcoin Struggles to Flip $24K to Support, but Data Shows Pro Traders Stacking Sats

BTC futures and stablecoin margin data show whales holding steady even as Bitcoin price failed to hold above $24,000. Bitcoin (BTC) rallied on the back of the United States Federal Reserve’s decision to hike interest rates on July 27. Investors interpreted Federal Reserve chairman Jeremy Powell’s statement as more dovish than the previous FOMC committee […]

Bitcoin Signals Short Term Bullishness, Move Towards $24K Next?

Bitcoin has witnessed a massive plunge from the $30,000 level to $20,000 in the month of June. Price of Bitcoin has been witnessing movement within a range of $20,000 and $21,000 respectively. The short term technical outlook of the coin has been pointing towards bullishness. It is however too soon to term the upward price direction […]

Bitcoin Bounces to $30.7K as Analyst Presents Stock-to-Flow BTC Price Model Rehash

United States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold, the Cointelegraph reported. Bitcoin (BTC) climbed to fresh local highs overnight into June 3 after United States equities cut losses. Wall Street provides short-term relief Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining steadily to hit $30,670 on Bitstamp before consolidating. […]

BTC Price Almost Clears $43.5K with Terra $125M Bitcoin Buy-Ins Gathering Pace

A third tranche of USDT leaves a wallet thought to hold funds earmarked to purchase at least $3 billion of Bitcoin. Bitcoin (BTC) returned to $43,000 on March 24 as new purchases by blockchain protocol Terra fuelled optimism. The BTC buys keep coming Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to crack and secure its highest […]

Bitcoin Drops $9K in an Hour on Spot Market Selling; El Salvador Again Buys the Dip

The price of bitcoin plummeted early Saturday, falling nearly $10,000 in roughly an hour to a temporary low of $42,000 before bouncing up to $45,000, the CoinDesk reported on December, 4. Bitcoin has fallen some $15,000 over the past 24 hours. Ether, the second-largest cryptocurrency by market capitalization, fell around $1,100 over the same time […]

Bitcoin’s Consolidation is ‘Normal’ — Analysts Set $80K BTC Price Target

BTC’s sideways price action has pushed some traders into altcoins, but analysts are confident that the next breakout will push Bitcoin price above $80,000. Bitcoin (BTC) bulls are still hoping for a major breakout but at the moment, bears are applying pressure and keeping the digital asset pinned below $61,000.  Data from Cointelegraph Markets Pro and TradingView shows that […]

Bitcoin Suddenly Passes $61K as a $1.7K Hourly Candle Fuels BTC Bulls

Bitcoin pulls a fresh surprise out of the hat just as opinions were beginning to flip bearish below $60,000, the Cointelegraph reported. Bitcoin (BTC) delivered another classic surge during Oct. 28 as bulls enjoyed a $1,700 hourly candle. Bitcoin suddenly abandons the bears Data from Cointelegraph Markets Pro and TradingView showed BTC/USD breaking back above $60,000 after tracking sideways […]