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Bitcoin Clings to $36K as Data Suggests BTC Price Sell-Off Came from Short-Term Holders

Bitcoin price action steadies, but things still look ugly for those with major skin in the game, the Cointelegraph writes. Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend.  Terra down at least $250 million in crunch Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling the $36,000 mark […]

BTC Could Drop to $30K in 2 Weeks, Trader Warns

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 […]

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 Stable, Why BTC Could Aim Fresh Rally To $65K

Bitcoin price started a downside correction below $63,500 against the US Dollar. BTC must surpass $62,500 to start a fresh increase in the near term, the NewsBTC predicts. Bitcoin is facing resistance near the $62,500 and $63,000 levels. The price is now trading above $62,000 and the 100 hourly simple moving average. There is a […]

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 […]

Bitcoin Corrects From Record High, Dips Remain Attractive

Bitcoin broke the $65,000 resistance and traded to a new all-time high against the US Dollar. BTC is correcting gains, but dips could remain attractive near $63,000, the NewsBTC predicts. Bitcoin gained pace above the $65,000 and $65,500 resistance levels. The price is now trading above $63,000 and the 100 hourly simple moving average. There […]

Bitcoin’s $100K Price Target Returns as BTC Price Breaks Out of Bull Pennant

The bullish analogy appears as Bitcoin reserves across all the crypto exchanges fall to their lowest in the previous 12 months, suggesting holding sentiment among traders, the Cointelegraph reported. Bitcoin (BTC) looks poised to pursue a run-up towards $100,000 as its price breaks out of a classic bullish structure. Dubbed as the Bull Pennant, the setup […]