Bitcoin Price Analysis: Analyst Highlights Key BTC Level as CME Gaps Close

2024-8-13 12:30

Bitcoin (BTC) has been wrestling with the critical resistance level of $60,600, a threshold that could define its short-term trajectory. Top analyst Rekt Capital highlighted in his newsletter the significance of this level, noting that Bitcoin’s ability to reclaim it as support is crucial for future price action.

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Bitcoin (BTC) на Currencies.ru

$ 64370.78 (+0.23%)
Объем 24H $29.249b
Изменеия 24h: 1.67 %, 7d: 6.78 %
Cегодня L: $64031.66 - H: $64370.78
Капитализация $1271.869b Rank 1
Цена в час новости $ 59557.03 (8.08%)

bitcoin level btc price analyst significance rekt

bitcoin level → Результатов: 126


Where Is Bitcoin Headed in May? Expert Points to Key Resistance Level That Must Break For Continued BTC Price Surge

Bitcoin has regained its position above the $60,000 mark, and this upward movement has sparked conversations about the possibility of Bitcoin surpassing the $65,000 resistance level soon.   YG Crypto, a cryptocurrency analyst, also recognizes this bullish trajectory, and he views it as a significant signal for bullish traders.

2024-5-5 19:15


Bitcoin Price Analysis: Is A Retracement To $25,000 Likely?

Despite the relative performance of altcoins in 2023, Bitcoin has seen a significant 75% bullish rally since the beginning of the year. However, Bitcoin’s price has been unable to surpass the resistance level of $30,000 for a week, and this has stirred a technical belief that there is a possibility of a retracement streak toward the medium-term support level of $25,000.

2023-4-23 12:24


Crypto Market Tanks: Bitcoin Correlation with S&P 500 Reaches 2021 High & USD Longs at Highest Level since June 2019

In the past 24 hours, 417,654 traders were liquidated for $2.58 billion, with Binance leading at 28% of its share despite underreporting, and now, CME is leading Bitcoin OI at $3.72 bln. The post Crypto Market Tanks: Bitcoin Correlation with S&P 500 Reaches 2021 High & USD Longs at Highest Level since June 2019 first appeared on BitcoinExchangeGuide.

2021-12-4 16:46


Additional Money Is Coming into Bitcoin as Capitulation Period Ends and Hash Rate Climbs to Early June Level

Breaking above $50k, Bitcoin price has recovered from the $29,760 low in July. As of writing, BTC/USD is trading around $47,500, about 26.7% down from its peak four months back. Just like price, other data metrics suggest that the leading cryptocurrency is on a path to recovery after the market-wide sell-off just three months ago […] The post Additional Money Is Coming into Bitcoin as Capitulation Period Ends and Hash Rate Climbs to Early June Level first appeared on BitcoinExchangeGuide.

2021-8-25 17:23