Bitcoin must again show resilience around recurring resistance at $61,000

Bitcoin must again show resilience around recurring resistance at $61,000
фото показано с : cryptoslate.com

2024-10-11 13:07

Over the past week, Bitcoin’s price has exhibited a pattern of sharp upward moves followed by strong pullbacks, particularly in the higher white channels (above $63,000) and the red channels (below $60,000).

The highest volatility occurred between Oct. 6 and 7, when the price rapidly rose to $64,700 before experiencing a significant selloff, triggering a sustained decline into the red channel and $196 million in liquidations. The market has since recovered slightly but continues to face resistance around $61,000.

Bitcoin price Oct. 3 – Oct. 11 (TradingView)

As CryptoSlate identified earlier in the year, Bitcoin has traded between several key areas notably, $71,500 to $68,000 (yellow), $66,900 to $61,800 (white), $60,400 to $56,600 (red), and $55,700 to $49,700 (blue).

Bitcoin 2024 trading channels (TradingView)

Bitcoin managed to break out of the red channel on Oct. 3 but has reentered the zone after just over a week in the higher area.

The post Bitcoin must again show resilience around recurring resistance at $61,000 appeared first on CryptoSlate.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 77824.96 (+0.26%)
Объем 24H $27.155b
Изменеия 24h: 0.11 %, 7d: 1.95 %
Cегодня L: $77350.96 - H: $77824.96
Капитализация $1558.093b Rank 1
Цена в час новости $ 62361.09 (24.8%)

channels bitcoin particularly pullbacks followed upward moves

Источник: cryptoslate.com

channels bitcoin → Результатов: 126


Фото:

President Bukele champions El Salvador’s multiple Bitcoin revenue streams

Nayyib Bukele, the President of El Salvador, revealed that the Central American nation generates multiple Bitcoin revenues from various channels alongside its BTC holdings. In a Mar 11. post on social media platform X (formerly Twitter), the president outlined four additional sources of Bitcoin revenue for the government, including: Revenue from its passport program.

2024-3-12 14:59


Фото:

Strike Partners with Bittrex to Bring Lightning Network Payments to 200 Countries

U.S. payment API platform Strike has inked a partnership deal with crypto exchange service Bittrex to bring Lightning Network (LN) payments to over 200 countries. The move marks what could be an important milestone in the adoption of LN payment channels as Bitcoin and cryptocurrencies become even more popular. 1 M Bittrex Users On-boarded toRead More

2021-1-8 08:00


Фото:

Televend’s Complex System of Telegram Drug Bots Swell as German Police Seize 9 Telegram Drug Channels

During the last few months following the departure of the infamous Empire darknet market (DNM), a great number of DNM users have been flocking to alternative vendors. More recently, a new bot service on Telegram called Televend has been attracting tens of thousands of users and the service has grown colossal since it was first […] The post Televend’s Complex System of Telegram Drug Bots Swell as German Police Seize 9 Telegram Drug Channels appeared first on Bitcoin News.

2020-11-12 02:30


Bitfinex расширила возможности по переводу биткоинов через Lightning Network

Биржа Bitfinex добавила поддержку платежных каналов Wumbo в сети Lightning Network для внесения депозитов и вывода средств в биткоине. 🐘 #Bitfinex brings the Wumbo channel support to its #LightningNodes, allowing you to deposit and withdraw large amounts of #Bitcoin quickly and cheaply⚡ Find out all the possibilities that the Wumbo channels #LightningNetwork integration brings you⬇️https://t.

2020-9-23 19:48


Фото:

Pundit Reveals Bitcoin’s Fair Price Based On High Correlation With The S&P 500 Index

Earlier today, Plan B, an investor and prominent cryptocurrency analyst with wide exposure across media channels, expressed his view on the similarity between market behavior of Bitcoin and the S&P 500 index, a benchmark index of 500 strongest players from America’s industry, which could yield positive results for BTC in the future. He expressed his […]

2020-6-18 00:55


Crypto Payment Processor BitPay Sees More Use in Stablecoins than Layer-2 Solutions

Bill Zielke, BitPay’s Chief Marketing Officer, revealed on Thursday this week that the company was not planning to integrate the layer 2 Bitcoin channels. Bill explains that Bitcoin transactions dominate the customers’ preference hence no rush to switch despite the fees reaching highs of $7 after a 256% spike earlier in the month. The company […]

2020-5-30 22:47


Фото:

Was Youtube’s Christmas Crypto Purge Illegal?

This article considers the legal implications of Youtube’s notorious purge of crypto channels on Christmas Eve. What legal context induces Youtube and other social media giants to operate as they do? The article does not explore whether it is morally proper to terminate a contract without cause or explanation and to threaten people’s livelihoods; it […] The post Was Youtube’s Christmas Crypto Purge Illegal? appeared first on Bitcoin News.

2020-1-3 22:50


Фото:

Google Restores Metamask App After Community Uproar

Similar to how it’s restored some crypto Youtube channels after a lot of pushback from the crypto community, Google has now restored Metamask to the Play Store. Either the tech giant is sensitive to claims of hurting innovation and competition or it is simply not ready yet to enforce a ban on dapp browsers, as […] The post Google Restores Metamask App After Community Uproar appeared first on Bitcoin News.

2020-1-2 19:50


Outrage Grows on Twitter as Youtube Continues to Flag Colossal Crypto Channels

On Monday morning, a discussion began to erupt on Crypto Twitter regarding a potential Youtube blackout of industry channels. First, only a few channels were purportedly affected; Canadian Bitcoin educator “BTCSessions” and pro-crypto finance Youtube channel Chris Dunn reported that a number of their videos were taken down due to “harmful and dangerous” content.

2019-12-25 05:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru