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$24,500 keeps control on hourly timeframes as gains for both Bitcoin and Ether are quickly extinguished. Bitcoin (BTC) returned to range resistance on Aug. 17 amid ongoing concerns that a retracement is imminent, the Cointelegraph reported. No success for Bitcoin bulls Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $24,448 on Bitstamp, up 3.25% from the previous day’s […]
BTC held the $50,000 support while derivatives indicators remained healthy, signaling investors’ optimism, the Cointelegraph reported on March, 25. Bitcoin (BTC) is showing tenacity above $50,000 on March 25. The 10% drop over the last 24 hours happened despite Tesla allowing customers to buy vehicles using BTC in addition to CEO Elon Musk affirming that it will not […]
Key derivatives indicators show pro traders remain strongly bullish even as Bitcoin price continues to reject at $19,800, the Cointelegraph writes. Most investors that follow Bitcoin will have recently heard about the growing impact Bitcoin (BTC) futures and options markets have on Bitcoin price. The same can be said for the price swings caused by liquidations at […]
$32,000 per Bitcoin seemed unreasonable in October, but the 950% spike in the January call option suggests some traders think it’s a possibility. A month ago, one would be hard pressed to find any investor who would have expected a $32,000 Bitcoin (BTC) price for January. At the time, a 140% upside was needed from […]
A few Bitcoin traders expect now expect a deeper correction but data suggests that a relief rally toward $18,000 should not be ruled out. The price of Bitcoin (BTC) has been consolidating above $17,000 on Nov. 28 following a major correction from $19,400. In the near term, traders anticipate the dominant cryptocurrency to see another steep […]
Bitcoin price hit a new 2020 high at $16,765, and traders expect a much larger rally to occur in the near term, the Cointelegraph writes. The price of Bitcoin (BTC) hit a new yearly high at $16,717 on Binance. Following the breakout, traders expect a larger rally to occur in the near term. There are […]
Bitcoin price is facing a strong resistance near $15,500 and $15,600 against the US Dollar. BTC could clear the $15,500 resistance unless there is a clear break below the 100 hourly SMA, the NewsBTC predicts. Bitcoin is facing a strong barrier near the $15,500 and $15,600 resistance levels. The price is currently holding the $15,200 […]
It’s starting to appear that Bitcoin traders are a bit too bullish for their own liking, the NewsBTC reported. The leading cryptocurrency has exploded higher in the past two days, rallying from the weekly lows of $13,300 to highs near $16,000. This rally comes as the U.S. dollar has plunged lower on expectations that Joe […]
Bitcoin’s long-held bout of sideways trading may soon be coming to an end, as the cryptocurrency is currently flashing signs of overt weakness as it hovers around the lower boundary of its long-held trading range. Analysts do believe that this sideways trading will result in a downwards movement. One technical indicator recently flashed for the […]
How likely is it that Bitcoin trading volumes will top $1 trillion a day by 2025? In its latest report cryptocurrency data provider Coin Metrics predicted that Bitcoin’s daily volume could eclipse that of the U.S equity market, if growth rates are maintained. But how likely is it really? The report cites Bitcoin as an asset class […]