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The price of Bitcoin plummeted below $40,000 on Monday, while other cryptocurrencies saw losses, according to Coingecko data. BTC is trading extremely close to two long-term support levels but has not yet demonstrated any bullish reversal indicators. This comes as investors remain wary of the situation in Ukraine and the possibility of a US central […]
The precious metal is stealing the limelight as Bitcoin languishes under $40,000 after the Easter weekend. Bitcoin (BTC) is in line for a relief bounce but still risks dropping all the way to $30,000 before May, a new analysis warned on April 18. $30,000 dive is April “risk” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near […]
Data shows the Bitcoin trading volume has further declined recently, suggesting that the latest rally may be losing steam. Bitcoin Spot Trading Volume Continues To Decline This Week According to the latest weekly report from Arcane Research, the BTC spot volume has observed further decline in the past week. The “trading volume” is an indicator that […]
Doomsday outlooks for Bitcoin price action remain in focus as some whales and smaller buyers choose to go big on BTC at current levels, the Cointelegraph reported. Bitcoin (BTC) further tested $38,000 overnight as the weekend began with uncertainty among traders. 3-day chart could be “precursor” for weekly Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $39,000 […]
A cataclysmic breakdown in global equities is not off the table for this year, with a “stagflationary shock” already in the making, the Cointelegraph reported. Bitcoin (BTC) headed lower into the weekly close on March 6 with geopolitical tensions and associated macro weakness firmly in focus. Could 2022 bring a “Greater Depression?” Data from Cointelegraph Markets […]
Bitcoin rose 11% in the past 24 hours, less than the 13% jump in ETH and 20% rise in NEAR, the CoinDesk reported on February, 4. Bitcoin (BTC) and other cryptocurrencies rallied on Friday, reversing losses from a few days ago. Alternative cryptocurrencies (altcoins) outperformed as ether (ETH), the world’s second-largest cryptocurrency, gained 13% over […]
Bitcoin rallied above $40,000 on Friday, however, this was not the biggest mover in crypto markets to end the week. Cryptocurrencies climbed today, following news that over 400,000 jobs were added to the U.S. economy last month. Biggest gainers Bitcoin (BTC) climbed to $40,000, ethereum was fast approaching $3,000, with Solana nearing $110, however, none of […]
The price of Bitcoin has been recovering after a major slump into the low $30,000s. As of press time, BTC trades at $37,774 with a 1.9% profit in the last 24-hours and could see more gains in the short term, the NewsBTC predicts. Bitcoin’s most recent recovery could be tied to the relief in the […]
Not tackling even lower levels “seems wrong,” one analyst says, while another popular trader demands a $40,000 reclaim for Bitcoin price to flip “full bull.” Bitcoin (BTC) cracked $37,000 at the Jan. 28 Wall Street open as traders watched and waited for a resistance retest. BTC evades a major resistance test Data from Cointelegraph Markets Pro and TradingView showed […]
Bitcoin started a downside correction from $44,500 against the US Dollar. BTC is stable above $42,800 and the bulls might aim a fresh increase above $43,500, the NewsBTC writes. Bitcoin is trading in a positive zone above $42,500 and $42,800. The price is trading below $43,500 and the 100 hourly simple moving average. There is […]