Bitcoin Falls Below $69K Ahead of U.S. CPI; Cardano, Dogecoin Lead Losses in Altcoins

2024-4-11 13:38

One analyst said profit taking by long-term holders spiked meaningfully into the $73,000 level and has cooled down in recent weeks, supporting a bullish bias in the future.

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level spiked meaningfully bullish bias future supporting

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Bitcoin Traders Spread “Buy The Dip” As BTC Plunges Below $66,000

Data shows “buy the dip” calls for Bitcoin have spiked around social media following the plummet the asset has seen below the $66,000 level. Bitcoin Social Volume For Terms Related To Buy The Dip Has Shot Up According to data from the analytics firm Santiment, Bitcoin investors have more heavily reacted with bullish calls than bearish ones despite the sharp decline the asset has observed.

2024-4-3 18:00


BTC hits $31k as SEC approves first leveraged Futures Bitcoin ETF

Bitcoin rose to above $31,450 on Friday, its highest level since June 2022. BTC price spiked to the year-high level after the SEC allowed the Volatility Shares 2x Bitcoin Strategy ETF, or BITX. This is the first leveraged Bitcoin Futures ETF in the US and comes after this week’s BlackRock-fueled bullish sentiment for the crypto […] The post BTC hits $31k as SEC approves first leveraged Futures Bitcoin ETF appeared first on CoinJournal.

2023-6-23 22:09


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Ethereum Bearish Signal: Profit-Taking Hits Highest Level Since Feb 2021

On-chain data shows Ethereum profit-taking has spiked to high levels not seen since February 2021, a sign that could be bearish for the asset’s price. Ethereum Profit Taking Rises As ETH Continues To Rally As per data from the on-chain analytics firm Santiment, this profit-taking may suggest that the holders don’t believe the rally would last too long.

2023-2-3 16:16


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Litecoin price: Here’s why LTC has spiked 34% this week

Litecoin (LTC/USD) has traded higher in the past one month, and added to the momentum with a double-digit gain on Wednesday to breach the $80 price level for the first time since May. As the cryptocurrency market looked to bounce alongside stocks amid fresh buying amid a November rally, Litecoin rose more than 11% to […] The post Litecoin price: Here’s why LTC has spiked 34% this week appeared first on Invezz.

2022-11-24 20:52


Big Week Ahead In Crypto with Central Banks Meeting, What’s Happening in the Bitcoin Market?

Bitcoin price spiked on Sunday to reclaim $50,000 only to be back under this level before the end of the day. On Monday, as of writing, BTC/USD is trading just above $48k. The cryptocurrency is still up more than 81% from its year low of about $27,700 in early January but down about 30% from […] The post Big Week Ahead In Crypto with Central Banks Meeting, What’s Happening in the Bitcoin Market? first appeared on BitcoinExchangeGuide.

2021-12-13 16:24


Bitcoin price rises to $6,900: a point that kickstarted the last rally to $10,000

The Bitcoin price spiked to $6,900 on the day, rising to as high as $6,946 on BitMEX. The last BTC rally to over $10,000 started from a strong rebound from the $6,900 level. Upon rising to $6,900, the Bitcoin price saw an immediate rejection to the mid-$6,000 region, and some technical analysts anticipate a minor […] The post Bitcoin price rises to $6,900: a point that kickstarted the last rally to $10,000 appeared first on CryptoSlate.

2020-3-20 18:25