Why Is Bitcoin Price Pumping Today? Crypto Analyst Says BTC Will ‘Breakout’ in 35 Days

2024-8-20 09:15

Bitcoin is up over 4. 5% today, marking a notable pump for the king of cryptos. The BTC price is now trading well above $61k, and for now, bulls should protect that $60k level that was finally reclaimed after a few uneventful days. origin »

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Bitcoin (BTC) на Currencies.ru

$ 63864.86 (+0.86%)
Объем 24H $17.736b
Изменеия 24h: 1.40 %, 7d: 7.71 %
Cегодня L: $62562.17 - H: $63864.86
Капитализация $1280.658b Rank 1
Цена в час новости $ 60757.84 (5.11%)

days btc today price bitcoin protect bulls

Источник: captainaltcoin.com

days btc → Результатов: 126


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Bitcoin Remains in Firm Bull Territory as Buyers Defend Critical Support

Bitcoin has remained in firm bull territory over the past several weeks, despite it showing some signs of immense weakness Much of the benchmark cryptocurrency’s current strength comes from its ability to hold above its SMA50 One analyst believes that this is the level that will determine the crypto’s future in the days and weeks ahead He also notes that some hidden bullish divergences are working to counter the weakness stemming from BTC’s “somewhat defined” […]

2020-7-8 02:00


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Here’s Why Bitcoin’s Next Big Move May Occur in the Next 2 Days

Bitcoin and the aggregated crypto market have once again extended their multi-week bout of sideways trading The benchmark digital asset has continued trading sideways in the lower-$9,000 region, with most altcoin’s closely tracking its price action This may not last for too much longer, however, as one trend seems to indicate that BTC is gearing up to make a large movement in the coming one or two days As for whether this movement will favor […]

2020-7-3 21:00


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The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom

Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that the cryptocurrency could be forming […]

2020-7-2 02:00


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These Macro Factors Show That Bitcoin Bears are Gaining Control of BTC

Bitcoin’s bulls and bears appear to be locked within an intense battle for control over the cryptocurrency Bears have been gaining the upper hand over the past few weeks, as the crypto has been consistently trending downwards despite being caught within a multi-week consolidation phase Presently, BTC is trading just above a crucial support level that appears to be growing weaker due to it being tested on multiple occasions over the past few days As […]

2020-7-1 02:00


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This Trend on Bitfinex Puts Ethereum in a Precarious Position Compared to Bitcoin

Ethereum and Bitcoin have been seeing mixed price action in recent times The weakness seen by these two cryptocurrencies has been mounting over the past few days BTC is struggling to hold above $9,000 as Ethereum trades below its long-established trading range One trend that could have grave impacts for ETH in the near-term is the number of tokens being moved into exchanges – and particularly into Bitfinex This comes as the crypto finds itself […]

2020-6-29 22:00


3 snippets to begin your day: Ethereum's PlusToken dilemma, BTC sidechain malfunctions and more

Ethereum facing the heat? It would seem that the group behind the PlusToken, one of the industry's biggest scams, is becoming more active by the day. Just a few days after PlusToken moved over $65MThe post 3 snippets to begin your day: Ethereum's PlusToken dilemma, BTC sidechain malfunctions and more appeared first on AMBCrypto.

2020-6-27 15:00


Crypto Tidbits: Bitcoin Holds $9k, Ethereum DeFi Gains Traction, Trump Talked BTC in 2018

Another week, another round of Crypto Tidbits. It’s been a relatively mild week for the Bitcoin market, much unlike previous ones. The cryptocurrency started the week around $9,300 and ended the week right around that level, with BTC changing hands between $8,900 and $9,550 for the past seven days. Each attempt at breaking out of the […]

2020-6-20 03:00


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Current Bitcoin Whale Population Looks Exactly Like September 2017, Just As BTC Ascended To $20K

Over the last few days, bitcoin’s price action has been quite dramatic. On June 15, the bellwether cryptocurrency tumbled below $9k alongside the US stock market which also took a dive. A few hours later, however, the cryptocurrency rebounded to as high as $9,500 after the Fed announced it will begin purchasing individual corporate debt. […]

2020-6-17 14:26


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Bitcoin Will Confirm a Massive Bearish Distribution Pattern if it Breaks $8,600

Bitcoin’s long-held consolidation phase came to an end yesterday evening when sellers pushed the benchmark cryptocurrency below $9,000 Although buyers stepped up and quickly defended against further losses, they have been unable to catalyze any type of sharp recovery It now appears that BTC is well positioned to see a notable decline in the days ahead as sellers target the key support at $8,600 If this level is broken below, a massive distribution pattern will […]

2020-6-16 21:00


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What Next Week’s Biggest Mining Difficulty Increase Since 2018 Could Mean For Bitcoin Price

Bitcoin’s mining difficulty – which is basically a measure of how hard it is to mine on the bitcoin network – is expected to experience its next adjustment in two days. According to data from blockchain research and analysis firm Coin Metrics’, the BTC mining difficulty could increase by as much as 15% during this […]

2020-6-15 23:54


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XRP Has Been Setting Lower Highs for 886 Days; Why Analysts Expect More Weakness

XRP has been severely underperforming the aggregated crypto market throughout 2020 The crypto is now on its 886th day of selling lower lows Analysts do not believe that this trend is going to alleviate anytime soon, as there are other signs of weakness that it has been flashing in recent times One veteran trader even noted that it could soon plummet another 30% against its BTC trading pair XRP has been struggling to garner any […]

2020-6-13 23:00


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Bitcoin’s Consolidation is Likely to Lead it to $9,200 Next; Here’s Why

Bitcoin has continued consolidating following a bout of intense volatility yesterday that sent it into the $10,000 region This movement was short-lived, and the tap of this resistance level was once again followed by a firm rejection Analysts are now noting that the cryptocurrency is growing weaker as it continues trading beneath its resistance This could open the gates for BTC to post some notable losses in the days and weeks ahead, with one analyst […]

2020-6-12 21:00


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Number Of People Owning Over 100 BTC Rises, Suggesting Bulls Are About To Roar

As bitcoin continues consolidating within a narrow range, the number of bitcoin addresses holding more than 100 BTC has been rising steadily in recent days. According to the popular on-chain analytics firm, Santiment, the last previous times there was a significant increase in large bitcoin holders, BTC entered the bull territory. Spike In Addresses Holding […]

2020-6-10 18:47


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Bitcoin Analysts Eye Move to $7,000 Region as Support Begins Dissolving

Bitcoin has faced some mounting downwards pressure today that has led it to its key support within the lower-$9,000 region This downtrend comes after a series of strong rejections at $10,000, and was triggered by news of a 2009 BTC wallet moving crypto around This decline has led the crypto to invalidate a previously bullish technical formation, and analysts are now expecting it to see further downside in the days ahead Bitcoin is rapidly approaching […]

2020-5-22 02:00


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VELVET is up over 5% today, trading around $1. 66. Over the last week, it’s climbed about 237%. For the month, it’s up 1,700%. That puts it as the second-biggest winner in crypto today,only behind Jito (JTO).

XRP Price Just Flashed Three Bullish Signals!

During the past week, the XRP price has been on the decline, falling from $1.27 at its opening on June 19 to a bottom of $1.02 before recovering to trade at $1.07. The prevailing market trend has been bearish, but there is an interesting development that is currently being observed by traders due to new […] The post XRP Price Just Flashed Three Bullish Signals! appeared first on CaptainAltcoin.

ChatGPT Predicts the Price of Bitcoin Before the End of July

For much of 2026, the BTC price has been falling. Following the record high of almost $130,000 reached during late 2025, Bitcoin has fallen to just over $59,500; a drop of 57.5%. As July draws closer to its end, many traders have turned to AI such as ChatGPT to predict where the BTC price might […] The post ChatGPT Predicts the Price of Bitcoin Before the End of July appeared first on CaptainAltcoin.

How High Can the Hedera (HBAR) Price Go This Week?

The HBAR price seems to be consolidating after several months of selling pressure, but there is still much for bulls to do. HBAR is trading at $0. 0717, which means that the token has lost approximately 76% of its value compared to the high of almost $0.