Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?

So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although bulls appear to be taking the lead given its current market performance, will this be sustainable? Before the US Federal Reserve announcement of the rate cuts, Bitcoin experienced a slight dip in its trading price.

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Bitcoin gives back gains as ‘hawkish’ Fed costs bulls a trip to $70K

Bitcoin bulls run out of steam yet again as BTC price action returns to its pre-CPI position.

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Is the Worst Over for Bitcoin? This Indicator Gives Room for Bounce

Can Bitcoin bulls expect a much-needed relief rally?

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Bitcoin Back Above $70K, Bulls Target $1 Million

After a 10-day dip, Bitcoin has surged past $70,000. The renewed vigor in BTC's price action signals a resurgence of momentum as the market continues to climb. Can the bulls sustain this momentum and propel Bitcoin into a new phase of price discovery?

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Bitcoin (BTC) Suddenly Reclaims $65K, Shorts Getting Clobbered

Bitcoin has managed to reclaim the $65,000, but the bulls are not out of the woods just yet

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Bitcoin Completes 'Temporary Bear Trap,' Report Says, Is BTC to Rebound?

Recently shared analytics data has shown that Bitcoin bulls still have good reason to remain optimistic

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Bitcoin 'overconfidence reigns' but bulls must reclaim $27.8K — Trader

BTC price support is yet to reappear, with Bitcoin bulls too sure of themselves, CryptoCon argues.

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Bitcoin Bulls Beware: Sub $20,000 Nightmare Looms, Analyst Foresees Extended Downturn

In a shocking twist, Bitcoin (BTC), the undisputed king of cryptocurrencies, has plunged to levels not seen since the early days of 2023. The battle-hardened Bitcoin bulls have suffered another crushing defeat, leaving investors on edge, anxiously pondering whether the dreaded sub $20,000 abyss will haunt them again.

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Bitcoin price outlook: Technical breakout suggests BTC rally to $34k

Bitcoin’s breakout to $29k comes after bulls established $26,190 as a key support zone. If bulls break to YTD highs, the next direct resistance per the Fibonacci model could be at the -50. 0% retracement of $34,280.

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Bitcoin Moves Past $20,000 As Digital Asset Market Cap Tops $1 Trillion

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As Bitcoin reclaims $20k, can BTC traders drive bulls to aim for the sky

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The downtrend from November was still in play for Bitcoin [BTThe post As Bitcoin reclaims $20k, can BTC traders drive bulls to aim for the sky appeared first on AMBCrypto.

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Here Is How Bitcoin Can Drop to $19,000, Analyst Explains

Bitcoin could lose some of its value if bulls fail to keep it above $22,000

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TA: Bitcoin Price Remains In Range, Why The Bulls Need To Take Control

Bitcoin retested the key $28,500 support zone against the US Dollar. BTC is rising and the bulls might aim a clear move above the $30,600 resistance. Bitcoin is trading in a major range below the $30,600 resistance zone.

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TA: Bitcoin Bounces To $42K, Why BTC Could Recover To $43.5K

Bitcoin started a sharp recovery wave from $39,700 against the US Dollar. BTC is rising and the next major stop for the bulls might be $43,500. Bitcoin spiked towards the $39,600 level, where the bulls took a stand.

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Bitcoin Bulls and Bears Go to War

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Bulls Regain Control Over Bitcoin Trend Strength: What To Expect

Bitcoin bulls are back in charge, so to speak. The headline alone makes quite a statement, and there are no doubt several readers questioning how one might draw such conclusion after only a small move and lack of new highs.

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Axie Infinity hits a new ATH at $155 while Bitcoin bulls aim for $50K

AXS, CVP and POLS lead altcoins higher while Bitcoin bulls search for a way to reclaim the $50,000 level.

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Bitcoin Network Onboards 1.2 Million Users In 30 Days – Bulls Spearhead Rush to $50,000

The Bitcoin bull rerun is loud and unmatched. Bitcoin bulls seem to be on a journey to make up for all the losses sustained since May, by correcting upwards fundamentally and technically. In a previous report, we outlined the possibility of Bitcoin hitting $157,000 in the long term, according to the Bitcoin Hash Ribbon indicator. […]

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Small-cap altcoins push higher as Bitcoin bulls fight to hold $40,000

LINA, WRX and STORJ led altcoins higher even as Bitcoin bulls encounter resistance at the $40,000 level.

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Bitcoin: What does this mean for the 'trapped bulls'?

Bitcoin, the world's largest cryptocurrency has been bleeding for quite a while now as bears overtook the bull. As things stand, it was trading just above the $33k mark with a correction of about 2% iThe post Bitcoin: What does this mean for the 'trapped bulls'? appeared first on AMBCrypto.

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There’s A Bumpy Road Ahead For BTC Bulls As 26% Of Bitcoin Supply Is Currently At Risk

While Bitcoin has managed to correct weekly losses, leaving only around 1% in the red zone, the road ahead is still blurry for the $700 billion market. At a press time price of $37,746, Bitcoin bulls reflect a shaky market, as bulls’ ability to break $40,000 is prolonged.

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Bitcoin Bulls Propel More Upside Breakout As Watershed Event For The Crypto Industry Arrives

Bitcoin has just hit a new record high of $64,863 for the first time, opening doors for the week to get even more bullish for the benchmark cryptocurrency. Bitcoin Attaining New Highs Bitcoin’s value rose 8% yesterday after bulls succeeded in breaking resistance at $61,000.

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Key metrics show this week’s $4B Bitcoin options expiry favors bulls

A record $4 billion worth of Bitcoin options expire on January 29 and multiple indicators suggest bulls have the upper hand.

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Bitcoin is “Refining” This Bullish Range; Could Soon Post a Massive Breakout

Bitcoin is currently in the process of consolidating as bulls and bears battle for control of its near-term outlook Where the cryptocurrency trends in the mid-term will likely depend on whether or not bulls can once again push it above $19,000, as this has been a pivotal level for BTC A sustained bout of trading below here could open the gates for serious losses, but many factors are all working heavily in the cryptocurrency’s favor. […]

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CME Gap and Profit-Taking Hazardous for Bitcoin Bulls

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Bitcoin (BTC) Price Analysis?Considering Chances of Bulls to Fix Above $11,000 in Short Term

How much time do bulls need to get Bitcoin (BTC) to $11,500?

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Top Binance Trader Thinks This Comes Next for the Bitcoin Market

Bitcoin is in limbo as of this article’s writing, stuck above the $10,000 psychological support and below the $10,500 resistance. Both bulls and bears have valid arguments at current. The bulls think that BTC continuously holding $10,000 lends to a high chance of appreciating.

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Bitcoin Price Fills New Futures Gap as Bullish BTC Heads to $12K

A retest of $11,500 gives the impression that the bulls are not done when it comes to Bitcoin, which convincingly bounced off $11,000.

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Bitcoin Struggles at Support; TA for ETH, EOS, DASH (and More): Crypto News Roundup

Bitcoin is approaching the end of the week on a relatively weaker note. As BeInCrypto reported yesterday, there was a decent chance for the bulls to kick start a new rally by pushing the price above $9,460 without any further delay.

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Crypto Twitter Bitcoin Bulls Questioned Over Statistics

Bitcoin as an asset class has had a good history, according to some Bitcoin bulls on a recent Twitter post. However, others suggest that the post skewed figures unfairly in Bitcoin’s favor.

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Why this pundit expects November to be huge for Bitcoin, projects price at over $20k

The short-term for Bitcoin is looking quite bearish as bulls have lost the $9,000 level and the daily ascending channel. Bitcoin is currently trading at $8,764 as bulls keep losing strength. Not everything is lost for them but it’s clear the short-term is shifting in favor of the bears. The daily chart can still be […]

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Bitcoin Bulls Need To Hold This Crucial Level To Have Chances At Breaking $10,000

Bitcoin bulls have been fighting to break $10,000 for months now. Bitcoin has been rejected several times from this doomed level, however, the last time that happened, just 2 weeks ago, bears had a lot of continuation but the bulls managed to buy the dip and push Bitcoin back above $9,000 and tried to break […]

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Top Analysts Target Move to $5,000 as Bitcoin Remains Beneath Critical Level

Following Bitcoin’s recent rejection at $7,300, the benchmark cryptocurrency has once again established another bout of sideways trading within the upper-$6,000 region, with bulls and bears reaching an impasse as its near-term trend grows increasingly unclear.

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COVID-19 Crisis Ruins Bitcoin's Q1, but Bulls Could Soon Have Massive Comeback

Bitcoin (BTC) bulls have high hopes for Q2 after the coronavirus-induced crisis tanked the price of the leading cryptocurrency

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Bitcoin Poised for Continued Downside as Bulls Struggle to Surmount Critical Level

Bitcoin’s decline to lows of $5,800 overnight was met with significant buying pressure that subsequently allowed the cryptocurrency to climb higher, with BTC bulls now attempting to reclaim the crypto’s previous position within the upper-$6,000 region.

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Goldman Sachs’ Call to Buy Gold Cheers Bitcoin Bulls; Here’s Why

Bitcoin bulls were cheerful this Tuesday as a top analyst’s call to purchase gold amidst the Coronavirus-induced market turmoil created similar opportunities for the cryptocurrency. Jeffrey Currie, a commodity researcher at Goldman Sachs, said in a note that the yellow metal has reached an “inflection point” after the Federal Reserve announced that it would buy...

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Bitcoin is “Waiting for the Stock Market to Open” as Analysts Eye Another $2,000+ Move

Following a bout of unprecedented volatility seen earlier this week, Bitcoin has found itself caught in limbo, with its bulls and bears reaching an impasse as the crypto hovers within the lower-$5,000 region.

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Bitcoin (BTC) Price Stalls at $8,500, but It's Not Over for Bulls

The bulls are in disbelief after this week's Bitcoin (BTC) price crash, but there is still a chance of at least a minor recovery

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Bitcoin Price Analysis: Bears Take a Beating as Bulls Eye $9.5K

It’s been a fairly exciting week for Bitcoin bulls, with rally upon rally feeding into the bullish sentiment. Although the weekly is not closed as of typing, Bitcoin saw its value jump 14% this week to $9169,5(Bitfinex).

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3 Reasons Why Bulls Think Bitcoin’s Rally to $8,800 Isn’t Done

Bitcoin (BTC) bulls don’t seem to be letting up the pressure. Over the past few hours, the price of the leading cryptocurrency has rocketed higher again, just tapping $8,800 minutes ago as of the time of writing this article.

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Sorry Bulls, Bitcoin to Remain in Firm Downtrend Until This Key Event Occurs

Bitcoin has continued trading sideways within the lower-$7,000, with this latest bout of consolidation coming about after a failed attempt by BTC’s bulls to spark a rally yesterday. Bull’s inability to sustain any significant upwards momentum points to underlying weakness amongst buyers and may signal that further losses are imminent.

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Bitcoin (BTC) Price Prediction: Can Bulls Hold the $7,000 Level while at a Crossroads?

Do the bulls have enough strength to keep Bitcoin above $7,000 through the last days of 2019?

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Bitcoin: All Eyes on Potential Inverse Head and Shoulders Pattern as Bulls Fight Back

Bitcoin’s position within the lower-$7,000 region has been ardently defended by the cryptocurrency’s bulls over the past several hours and days, with the crypto’s overnight drop into the upper-$6,000 region being met with significant buying pressure that allowed BTC to post a sharp bounce to highs of $7,400.

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Bitcoin Bulls Constantly Exhaust Kraken’s Liquidity Pool: CEO

Bitcoin bulls are constantly exhausting the US dollar reserve pool for opening leveraged Long positions, revealed Jesse Powell of Kraken – a US-based cryptocurrency exchange. The chief executive officer told Youtuber Ivan on Tech in an interview that the number of traders who believe that the bitcoin price would go higher is more than those.

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Is There a Bitcoin Bull Case After 10% Plunge to $7,400?

On Wednesday morning, Bitcoin bears finally managed to get the upper hand over bulls. For those who missed the memo, the leading cryptocurrency’s price fell by 8% or so within a few hours’ time, falling from above $8,100 to as low as $7,400 in a dramatic blow to bulls.

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Bitcoin May Have Room to Run Before Downtrend Continues

After plummeting below $8,000 overnight, Bitcoin’s bulls were able to propel the crypto slightly higher, showing signs that bulls are not ready to let the cryptocurrency drop lower in the near-term, which could mean that bulls will garner greater strength in the near-term that could help propel BTC higher.

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Bitcoin Pushes Higher as Bulls Target $10,800

After facing a sudden influx of selling pressure yesterday, Bitcoin’s bulls have been able to defend its position within the mid-$10,000 region and are now pushing BTC up towards its next key resistance level around $10,400.

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Bitcoin Bulls Remain Confident Despite Ongoing Crash

After breaking below $10,000 yesterday, Bitcoin has faced a significant influx of selling pressure that has sent its price reeling down towards the lower-$9,000 region. This sell-off has drastically altered the overall market sentiment and came shortly after BTC made a failed attempt to surge towards $11,000.

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Bitcoin Bulls Have “Nothing to Worry About” Despite Overnight Pullback

After consolidating in the upper-$11,000 period for an extended period of time, Bitcoin (BTC) incurred a sudden influx of selling pressure that sent the crypto reeling down to lows of roughly $11,300, at which point it found some support.

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Bitcoin (BTC) Leads The Way As Bulls Eye $11K, Altcoins In Shambles

Bitcoin (BTC) Leads The Way As The Bulls Eye $11K, Altcoins In Shambles Bitcoin bulls have been pushing prices up in the last 24 hours. Their immediate target before the end of the weekend is $11K.

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