Bitcoin Price Bounces Back To $64,500 But Is It Enough To Avoid Drop?

Bitcoin price found support at $61,800 and recovered higher. BTC jumped to $64,500 and is currently consolidating gains above $63,500. Bitcoin started another increase after it found support near the $61,800 zone.

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Bitcoin Storms Past $38,000 Once More, Anticipating Breakout To New Annual Peak

Bitcoin (BTC) has again demonstrated its bullish momentum by surging above the $38,000 mark. Breaking free from the recent trading range between $36,500 and $37,500, BTC currently trades at $38,100, slightly below its yearly high of $38,400 achieved on Friday, November 24.

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Bitcoin Price Needs To Clear $30,500 For Hopes of a Fresh Rally

Bitcoin price is again moving lower toward the $29,200 level. BTC must surpass $30,500 to attempt a fresh increase in the near term. Bitcoin is showing bearish signs and trading well below the $30,500 zone.

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S&P 500 Pierces Resistance: What Does It Mean for Bitcoin (BTC)?

Today, the S&P 500 Index (SPX) surpassed long-term resistance, reaching a year-plus high. If its positive correlation with Bitcoin's price is reestablished, it could hint at a revival of the uptrend in the crypto market The post S&P 500 Pierces Resistance: What Does It Mean for Bitcoin (BTC)? appeared first on BeInCrypto.

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Bitcoin Bears Aim Big After Recent Breakdown Below $26,500

Bitcoin price is declining from the $27,500 resistance. BTC traded below $26,500 and now remains at risk of a drop toward the $25,500 support zone. Bitcoin is moving lower from the $27,400 and $27,500 resistance levels.

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Bitcoin Price Recovery Could Soon Fade If BTC Fails To Surpass $24,500

Bitcoin price is struggling to clear the $24,500 resistance zone. BTC must clear the $24,500 resistance and the 100 hourly SMA to start a decent increase. Bitcoin is still struggling to clear the $24,500 resistance zone.

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Why Tightening Correlation With S&P 500 Could Be Bullish For Bitcoin 

The correlation between the S&P 500 and Bitcoin is only increasing, inching closer to reaching levels where in the past the cryptocurrency strengthened.   Meanwhile, the S&P 500 just closed its January monthly session outside of a key trend line the entire world of finance has been watching.

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Bitcoin Could Rally Another 500% On BTC Becoming Less Volatile Than The S&P 500 and Nasdaq

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Bitcoin Price Loses Steam At $20,500, Earnings Season Plays Against Crypto

The Bitcoin price is at risk of returning to its range below $19,500 if bulls fail to defend current levels. The cryptocurrency was trending higher after weeks of consolidation, leading to a spike in positive market sentiment, but optimistic participants might have been fast to proclaim more profits.

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TA: Bitcoin Price Stuck In Range, Why BTC Is Still At Major Risk of Breakdown

Bitcoin is struggling to settle above $20,500 against the US Dollar. BTC could decline heavily if there is a clear move below the $19,500 support zone. Bitcoin is stuck near the $20,000 zone and trading below the $20,500 resistance.

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Bitcoin Price Falls Below $20K, While Ethereum Holds $1,500 Levels Due To Upcoming Network Merge

After trading in a range for most of the week, Bitcoin fell below the $20k mark today while Ethereum held onto support at $1,500. Since September is typically a sluggish month historically, BTCUSD is having a tough week; it has fallen over 8% in the last day.

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TA: Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $24K

Bitcoin is facing a key resistance near the $23,500 zone against the US Dollar. BTC must clear $23,500 to avoid a fresh bearish reaction in the near term. Bitcoin is struggling to rise and trading below the $23,500 level.

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Bitcoin spikes above $22,500, but odds are it’s a fakeout

Bitcoin’s (BTC) price spiked to $22,500 in the early hours of July 8, prompting calls of a bullish revival from some quarters. The post Bitcoin spikes above $22,500, but odds are it’s a fakeout appeared first on CryptoSlate.

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TA: Bitcoin Remains In Downtrend, What Could Spark Sharp Upside

Bitcoin is trading in a bearish zone below $19,500 against the US Dollar. BTC might start a sharp recovery wave if there is a move above the $19,500 resistance. Bitcoin failed to gain pace above the $19,500 and $19,600 resistance levels.

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TA: Bitcoin Recovers Sharply, Why BTC Could Still Struggle Above $20,500

Bitcoin declined towards the $18,500 support zone against the US Dollar. BTC recovered sharply, but the bears are still active near the $20,500 and $20,650 levels. Bitcoin climbed higher sharply after there was a test of the $18,500 zone.

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TA: Bitcoin Bears Keep Pushing, Why BTC Could Still Nosedive

Bitcoin is moving lower towards the key $29,500 support against the US Dollar. BTC must stay above $29,500 to avoid a major downside break. Bitcoin is struggling to stay above the $29,500 support zone.

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TA: Bitcoin Stuck In Key Range, Why A Major Breakout Is Possible

Bitcoin is holding the key $29,500 support against the US Dollar. BTC must clear the $31,500 resistance zone to start a major increase in the near term. Bitcoin is showing a few positive signs above the $29,500 support zone.

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TA: Bitcoin Price Moves Higher In Range, $30.6K Still Presents Resistance

Bitcoin remained strong above the $28,500 support against the US Dollar. BTC is rising, but it must clear $28,500 to move into a positive zone. Bitcoin started a fresh increase after it tested the $28,500 support zone.

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TA: Bitcoin Price Breakdown Looks Real, Why BTC Could Dive Below $35K

Bitcoin started a strong decline from the $40,000 resistance against the US Dollar. BTC broke the key $37,500 support to move into a bearish zone. Bitcoin started a strong decline below the $37,500 and $36,500 levels.

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Bitcoin Ends Q1 Closely Following S&P 500

Data from TradingView shows a correlation between Bitcoin and the S&P 500 to be as close as 0.9.

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First Mover Americas: Bitcoin's Implied Volatility Ticks Higher, S&P 500 Sees Death Cross

Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind.

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Bitcoin On Its Way To $500,000? Anthony Scaramucci Explains How

Bitcoin at $500,000 is a trend that is growing more popular among large investors. Stakeholders in the crypto space like Cathie Wood have expressed that they believed the digital asset could make the half a million-dollar point.

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TA: Why Bitcoin Needs To Clear $42,500 For Hopes of a Fresh Rally

Bitcoin found support near the $41,200 zone against the US Dollar. BTC must clear $42,500 to start a recovery wave in the near term. Bitcoin extended decline and tested the $41,200 support zone. The price is still trading below $42,500 and the 100 hourly simple moving average.

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TA: Bitcoin Turns Sell on Rallies Towards $48K, Bears In Action

Bitcoin extended decline below the $47,500 support zone against the US Dollar. BTC could recover, but upsides might be limited above $47,500. Bitcoin started a fresh decline below the $48,500 and $47,500 support levels.

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TA: Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

Bitcoin failed to clear the $48,500 resistance zone against the US Dollar. BTC is sliding, but it could find bids near the $45,500 support zone. Bitcoin is facing a strong resistance near the $48,000 and $48,500 levels.

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TA: Bitcoin Holds Key Support, Why BTC Remains At Risk of Sharp Decline

Bitcoin retested the $55,500 support zone against the US Dollar. BTC is recovering, but it could face a strong selling interest near $57,500 in the near term. Bitcoin settled below the key $58,000 and $57,500 resistance levels.

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Bitcoin Stable, Why BTC Could Aim Fresh Rally To $65K

Bitcoin price started a downside correction below $63,500 against the US Dollar. BTC must surpass $62,500 to start a fresh increase in the near term. Bitcoin is facing resistance near the $62,500 and $63,000 levels.

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TA: Bitcoin Reaches Crucial Juncture, Can BTC Clear This Barrier?

Bitcoin price extended its recovery above the $43,500 level against the US Dollar. BTC is now facing a major barrier near $44,200 and $44,400. Bitcoin recovered above the $42,500 and $43,500 resistance levels.

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TA: Bitcoin Consolidates, Why BTC Could Start A Fresh Increase

Bitcoin price is holding the $48,000 support zone against the US Dollar. BTC must clear $49,500 and $49,750 to start a fresh increase in the near term. Bitcoin broke the $48,500 resistance, but it faced hurdles near $49,500.

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TA: Bitcoin Resumes Decline, Why BTC Could Dive To $45K

Bitcoin price failed to settle above $48,500 and corrected lower against the US Dollar. BTC is now facing many hurdles near $47,500 and $48,000. Bitcoin extended its decline and tested the $46,500 support zone.

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Analyst says reclaiming $37,500 is Bitcoin’s crucial ‘line in the sand’

According to analysts from Decentrader, Bitcoin needs to quickly reclaim the $37,500 level and ETH needs to hold $2,300 as support to avoid bull-market-ending price action.

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TA: Bitcoin Stuck in Range, Here’s What Could Trigger More Losses

Bitcoin price is trading in a range below the $57,500 resistance against the US Dollar. BTC is likely to start a major decline if there is a clear break below the $53,500 support zone. Bitcoin is struggling to gain momentum above the $56,000 and $56,500 levels.

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TA: Short-Term Bearish? Why Bitcoin Price Could Struggle Above $57.5k

Bitcoin price extended its decline and tested the $55,500 support against the US Dollar. BTC is now recovering, but it is likely to face a strong resistance near the $57,500 level. Bitcoin failed to hold the $57,000 zone and extended its decline towards the $55,500 level.

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TA: Bitcoin Corrects Below $58K, But Here’s Why Uptrend Is Still Intact

Bitcoin price failed to surpass the $59,500 resistance against the US Dollar. BTC is now trading below $58,000, but it is still above important supports such as $56,500. Bitcoin failed to gain strength above the $59,200 and $59,500 resistance levels.

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TA: Bitcoin Price Sets New ATH, Why BTC Bulls Could Aim $40K

Bitcoin price started another rally and broke the $35,500 resistance against the US Dollar. BTC traded to a new all-time high near $37,400 before starting a consolidation. Bitcoin is up over 10% and it broke the $35,500 and $36,500 resistance levels.

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Why Bitcoin Price Looks Ready For Another Leg Over $19,500

Bitcoin price started a steady upward move from the $17,500 support zone against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,000. Bitcoin is trading in a positive zone above the $18,500 and $18,200 support levels.

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TA: Bitcoin Stuck In A Crucial Range, Why $19.5K Is The Key

Bitcoin price is still trading in a broad range below the $19,500 resistance against the US Dollar. BTC must gain strength above $19,500 to start a fresh rally in the near term. Bitcoin is facing a strong resistance near the $19,500 and $19,580 levels.

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Bitcoin price retests $19,500 but bulls face downward pressure

Bitcoin (BTC) price could dip to $18,500 if it fails to hold above the…

The post Bitcoin price retests $19,500 but bulls face downward pressure appeared first on Coin Journal.

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TA: Bitcoin Price Corrects 5%, Why Bulls Are Still Comfortable

Bitcoin price formed a double top pattern near $19,500 and corrected lower against the US Dollar. BTC is now trading below $18,500 and it could test the $18,000 support or $17,600. Bitcoin failed again to clear the $19,500 resistance and started a sharp downside correction.

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Bitcoin transaction value sees 500% upswing in 4 months

Bitcoin’s average transaction has now climbed to over $150,000, translating to a 500% jump... The post Bitcoin transaction value sees 500% upswing in 4 months appeared first on Coin Journal.

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There May Soon Be a Bitcoin “Shortage” Amid Institutional Adoption

Bitcoin has stagnated over recent weeks and months after peaking at $12,500 in August. The leading cryptocurrency currently trades at $11,450, stuck in the middle of the range between $10,000 and $12,500.

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Bitcoin (BTC) Bulls Kick Off Monday With Retest of $11,500

Bitcoin price had fallen this morning sharply after a weekend rally to start off the new week. But after a sweep of lows around $11,175 this morning, the first-ever cryptocurrency rocketed higher to retest $11,500 where bulls are now attempting to hold strong.

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Analyst Who Called Bitcoin’s 2018 Bottom Thinks $11,500 Is Next

Bitcoin has pressed higher after consolidating between $10,000 and $10,500 for five days. The leading crypto asset now trades for $10,550 as of the time of this article’s writing. BTC is far from in the clear due to this being a weekend move.

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Bitcoin Breaks Above $10,500 as Bullish Recovery Continues: What Comes Next?

Bitcoin has been bouncing between $10,000 and $10,500 over the past few days. Both buyers and sellers have been trying to assert dominance, resulting in multiple tests of both range boundaries. BTC finally broke above $10,500 just minutes ago.

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Bearish S&P 500 Could Drag Bitcoin Further Lower: Glassnode Report

Bitcoin remains at risk of continuing its downward trend as long as the S&P 500 moves lower, says Glassnode. The on-chain analytics platform asserted that traders with exposure in both Bitcoin and the S&P 500 could use the cryptocurrency to offset their losses in the US stock market.

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This Historical Analysis Suggests Bitcoin Price Will Undergo a “Quick Reversal”

Even after a healthy $500 bounce, Bitcoin is still down over 15% in the span of four days. The price of the leading cryptocurrency is currently $10,250, around $500 above the recent lows. BTC remains in an uncertain spot, with strong support to the downside but also strong resistance on the upside.

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S&P 500 Just Printed a Pivotal Sell Signal—and That’s Not Good for Bitcoin

Both Bitcoin and the S&P 500 have seen remarkable rallies over the past few months. The S&P 500 has set a new all-time high despite the pandemic and macroeconomic crisis as a backdrop. This comes on the back of an influx of monetary and fiscal stimulus from the world’s central banks and governments.

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Bitcoin Is On the Verge of Falling Towards $8,500, Then $7,000: Analyst

Bitcoin is finally showing strength as the stock market and precious metals have surged higher.  As of the time of this article’s writing, BTC changes hands for $9,500. BTC closed Wednesday’s trading session above a crucial level.

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Bitcoin достиг рекордной корреляции с S&P 500. Криптовалюта играет по своим правилам в выходные

Динамика интереса к Bitcoin вновь стала сильно коррелировать с тем, что происходит на американском фондовом рынке. Корреляция между ценой криптовалюты №1 и индексом S&P 500 вышла на годовой максимум.

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If the S&P 500 Passes 3,200, Then Bitcoin Can Retake $9,500: Analyst

If you’ve followed Bitcoin analysts over recent weeks, you likely know of the importance of $9,500 to the cryptocurrency. As the chart below indicates, $9,500 has been a crucial price point for Bitcoin over the past two months.

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