The BTC price is trading at $4,193.70 as at the time of writing. On the upside, if the crypto’s price has a price breakout, the bulls will break the $4,200 resistance level, and rally above it. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $4,000, $3,900, $3, 800 Last week the price […] origin »
After an unexpected bearish plot twist in the past week, the Bitcoin price action has been pretty quiet over the weekend, with BTC barely holding above the $94,000 level. The premier cryptocurrency briefly slipped beneath this price mark on Saturday, January 11, before traveling to as high as $94,870.
Crypto analyst P4 Provider shared insights on X (formerly Twitter) into Bitcoin’s (BTC) short-term price movement. He noted that BTC’s price will likely drop soon, which could be good for traders looking to make moves.
The price of Bitcoin (BTC) experienced much turbulence in the past week dipping by almost 5% to reach a local bottom of $95,000 on Wednesday. While the crypto market leader has since recorded a market rebound returning to above $101,000, BTC has once again slipped into consolidation drawing much speculation on its next price movement. […]
Bitcoin has experienced a few days of ranging price action following its recent drop from $99K to $90K. The price is now holding above the $95K level, and this area is crucial in determining whether BTC will continue its ascent toward the $100K mark or retrace to find liquidity in lower levels. If BTC fails […]
Bitcoin’s price rise to an all-time high of $77k lately has ignited speculations about whether its bull run has reached its peak. On August 29, blockchain analytics platform Lookonchain pointed to five key indicators suggesting that BTC had room to grow.
Bitcoin (BTC), the largest cryptocurrency in the market, recently touched the crucial $70,000 level, proving to be a significant hurdle for its price consolidation in recent months. Despite surpassing its previous high and reaching a record all-time high (ATH) of $73,700 in March, BTC experienced a 20% price correction to around $56,500 at the beginning of May.
BTC’s price has appreciated by over 6% as it approached $63k on the charts
Most metrics and indicators flashed green too
Bitcoin’s [BTC] price action once again turned volatile as it swiThe post Bitcoin's roadmap to $75K - Why this pattern is critical for BTC's price appeared first on AMBCrypto.
$BTC is up above $63,000, but some crypto analysts have suggested a possibility of its price dropping due to the U. S. government’s recent transfer of almost $1 billion worth of Bitcoin from two cryptocurrency wallets that held funds seized in 2016 from Bitfinex.
The price of BTC is currently $30k, having risen from $28k over the past three days in 2023. This has left market participants with mixed feelings; some anticipate further upside, while others expect a price rejection, which will continue the longer-term consolidation that started in May.
BTC price movements edge higher as the Wall Street trading week begins, with Bitcoin building on a weekly close, which gave cause for cautious optimism.
Bitcoin continues to range trade, and altcoin traders are starting to view BTC’s price consolidation as a positive sign for the rest of the crypto market.
The short and medium-term outlook is in the downtrend. Traders may consider selling at key areas after bearish candlesticks formation. BSV/USD Medium-term Trend: Bearish Supply zones: $90, $100, $120 Demand zones: $50, $40, $30 BSVUSD is in a bearish trend in its medium-term outlook.
On the downside, if the bearish trend continues, the price will depreciate to the low at $110. On the upside, if the bulls break above the EMAs and the price is sustained above it, the crypto’s price will rise.
On the upside, if the bulls break above the EMAs, the crypto’s price will resume its bullish trend. On the downside, if the bulls fail to break the EMAs, the crypto’s price will continue its range bound movement.
On the downside, if price continues its fall, the crypto’s price will find support at $60 price level. On the other hand, if the bulls break above the EMAs, the crypto’s price will rise to retest the $84 resistance level.
On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $5,200 price level. On the downside, if price continues its fall, the crypto will fall to a low at $4,800 price level.
Latest Bitcoin (BTC) News If anything, we can attribute all this attention Bitcoin is receiving–as far as price is concerned–to late 2017 parabolic rise. Well, while it was a good thing in that it brought a lot of attention to Bitcoin and blockchain as a trustless technology, it did leave investors with a lot of […]
The bears are in control of the short-term while the medium-term ranges. Traders may consider selling around key areas. BCH/USD Medium-term Trend: Ranging Supply zones: $400, $500, $600 Demand zones: $100, $50, $30 BCHUSD outlook in the medium-term continues in a range-bound market.