After experiencing a descending pattern for weeks, the world’s first cryptocurrency, Bitcoin price has found some relief as BTC reclaimed $20,000 level. The past couple of days have been favorable to most of the cryptocurrencies as they have seen some decent gains. The overall sentiment around Bitcoin appears to be positive where the market participants...Read More
Bitcoin price is back within the range, displaying a lowered strength as its closest competitor, DXY Index is trading along the resistance. However, a minor relief may be expected in the coming days as the DXY Index may witness a slight pullback. This may uplift the BTC price beyond $20,200 but could end up being...Read More
The fluctuating price behavior of Bitcoin (BTC) continues to play havoc with traders’ and investors’ sentiments. Traders are still making predictions about what Bitcoin (BTC) will do in the upcoming month of October. According to a well-known crypto analyst, the fourth quarter of the year may see rallies in the cryptocurrency markets. The host of...Read More
The price of bitcoin (BTC) has been moving sideways for the second week in a row due to the persistence of two bearish caps and the lack of new lows being made by the price action itself. Is now the ideal moment to accumulate Bitcoin, nevertheless, given all the price drops? The historically ideal times...Read More
The two biggest cryptocurrencies, Bitcoin and Ethereum, both fell by almost 8%, wiping out any gains made earlier in the week. The BTC price was able to climb above the $20,000 resistance level thanks to the bulls. Near the $20,500 region, the price encountered a significant rejection and is now trading below $20,000. Overall, below...Read More
While the Federal Reserve disclosed another possible interest rate hike, one of the well-known analytic firms has come up with its study on Bitcoin (BTC). Firm, Glassnode in its latest newsletter Jan Happel and Yann Allemann, its co-founders are of the opinion that Bitcoin’s price trend below $20,000 is all due to immense pressure faced...Read More
The price of Bitcoin has dropped by 4.44% over the previous week, and it is now worth $18,992.77 after rising by 0.02% over the past hour. Bitcoin saw a severe bear market in the latter part of August as the bears seized power. The bears were driving prices below $19003.72 in the first week of...Read More
Bitcoin price is currently trading at $19,400.89 with a slight rise of nearly 4% in the past 24 hours. Rekt Capital, a well-known cryptocurrency expert, forecasts that in the worst-case scenario, the price of a bitcoin might fall below $11,500, below the previous low of $13,900. The historical evidence suggests that the price of bitcoin...Read More
On Monday, most cryptocurrencies continued to experience losses, as Bitcoin started to fall once more against the US dollar below the $20,000 support level. BTC just dropped below $19,000 and is still at risk of falling as low as $18,000. The news of Ethereum falling below $1,300 may be more important than the decline in...Read More
The Ethereum Merge has done no good for the crypto bulls as the stocks continue to trend low and add to already intensified market pressure. On September 16, as the most recent cross-crypto slump grew stronger, Bitcoin (BTC) sought to breach local lows. At press time, BTC/USD reached $19,600 with support from buyers to avoid...Read More
A week ago, the markets were playing out well for Bitcoin as it had seen some upward momentum and had reclaimed the $22,000 area. In just seven days, the currency registered 7% gains. However, the flagship currency couldn’t hold on to the rally for long and it started its downward journey with the release of...Read More
The US CPI numbers have shown the Federal Reserve’s intention to raise interest rates further in order to reduce inflationary pressures brought on the increased government spending during the epidemic in the previous two years. There is outflow of funds in Bitcoin and the rest of the cryptocurrency market. Since then, more than half of...Read More
Bitcoin price is slowly gaining its dominance as the asset has been holding the lower support finely from the past few hours. The bulls appear to be well-positioned and hence the price may be on its way to reaching the immediate resistance just below $23,000. However, the volume has been bullish for the past week...Read More
The past week has seen significant gains for both Bitcoin and Ethereum, with regulatory news and ETH network update playing major roles. Over the last seven days, BTC has increased by more than 12%. Since then, the top cryptocurrency has recovered the $22,000 level as of publication, a level not seen since August. It’s interesting...Read More
When Bitcoin’s dominance decreases, it means that altcoins are performing relatively well and that the total cryptocurrency market capitalization is increasing. This usually leads to an increase in BTC price as well, since more money is flowing into the cryptocurrency market as a whole. As of now, Bitcoin is trading near the $22K price range,...Read More
The crypto markets displayed diverse price actions ever since the beginning of 2022 & displayed a contrasting behavior to what was being predicted. Considering the latest price action, the Bitcoin (BTC) price marked the very much-needed 10% jump during the previous trading day. While the market sentiments are coiling up, one of the well-known analysts...Read More
Although negative sentiments dragged the Bitcoin price down drastically over the last few days, the asset is now displaying strength and continuing upward; it is up by 1.85% today, currently trading for $19,296. The asset’s price has a direct correlation with the U.S. Federal Reserve’s increase in interest rates. Similar selling pressure was still present...Read More
As the crypto market declines below $1 trillion, the price of Bitcoin (BTC) slips below $19,000. The price of the largest cryptocurrency is still fluctuating between $18,000 and $24,000, which keeps investors on edge wondering where the price will go next. After the latest sell-off, Bitcoin was unable to recapture the $20,000 mark. The likelihood...Read More
It’s been a while that Bitcoin price action is not moving above $23,000 as the momentum has been switching between $19,000 and $20,000. The flagship currency has brought down most other cryptocurrencies. At the time of publication, Bitcoin is selling at $19,834 with a pinch of surge by 0.50% over the last 24hrs. The upcoming...Read More
Bitcoin price was on the verge to close the monthly trade on a bearish note, however, the asset surged marginally above $20,000. Woefully, the asset is constantly hovering around $20,000, maintaining a constant descending trend. While the asset is believed to be under bearish captivity for a long, a notable upswing may be fast approaching. ...Read More
As hawkish remarks from the US Federal Reserve concerning inflation and the economic slowdown continue to weigh on riskier assets, the price of bitcoin today rose to trade above $20,000 after falling below the level in the previous sessions. At $20,333, the largest and most widely used cryptocurrency was trading slightly higher. According to recent...Read More
Bitcoin price is been closely watched nowadays by many. The unexpected twists and turns have not only surprised many but also have outspread the uncertain clouds over the upcoming rally. Historically, September has been proven to be the most bearish month of the year. Therefore, many analysts believe the star crypto may reach the bottom...Read More
Bitcoin is yet again closer to recording another bearish weekend as the much-awaited breakdown is underway. To anyone’s surprise, BTC price just a week before had surged above $25,000, while many believed the bearish dominance may have reduced. However, all the bullish action went in vain with the Fed Chair’s 8-minute long speech addressing the...Read More
The global crypto market cap had been maintaining its range above $1 trillion for quite a long time, but today, it has dropped below $1 trillion. In the last 24hrs, the global crypto market cap has slipped by 6.57% to now be positioned at $963.89 billion. Dark bearish clouds surround the crypto space as nearly...Read More
Bitcoin, the world’s largest cryptocurrency by market cap, is flashing green after a week of experiencing bearish pressure. However, though the currency seems to be moving favorably, the bears seem to have gained some technical stability in the short term. A massive price shift may be imminent because the volatility in the asset has decreased...Read More
Bitcoin price is currently accumulating within a lower time frame and hence is speculated, to begin with, redistribution very soon. On the other hand, the BTC price has been trying very hard to hold above the lower trend line for a long time. Woefully, the extended bearish pressure may soon drop the asset below the...Read More
In the last seven days, Bitcoin’s price has experienced the biggest decline in the last two months after the price dropped by 10%. The market speculators have revealed that Bitcoin has overtaken the technical charts heading toward a bearish pullback. According to a financing service platform, Legacy Finance, a bear market is a situation where...Read More
A gloomy week! Since the start of this week, the bears have had their control across the crypto market. This majorly impacted Bitcoin and Ethereum as Bitcoin lost its $22,000 mark and Ethereum’s $1,700 level. However, now a popular crypto analyst and trader has put forth his analysis on bitcoin org bitcoin org Event OrganiserTechnologyPayment...Read More
After maintaining a $23,000 price level since the start of August, the world’s first currency, Bitcoin price had surpassed the said level and reclaimed $24,000 yesterday. However, the currency couldnt hold on to that for long and tumbled down to $23,000 range. At the time of publication, Bitcoin is selling at $23,893 with a surge...Read More
Ethereum price is entering the crucial resistance zones in an attempt to close the weekly trade above $1800. As the traders appear to have switched to accumulation mode, the ETH price is expected to range beyond $2000 in the coming weekend. As per Glassnode, the addresses holding 100+ coins have reached a 15-month high of...Read More
