Category Archive For "Bitcoin Price"
Search patterns head lower, indicating that the halving is no longer driving interest in Bitcoin as price action centers on $9,500.
A giant repositioning since December 2017 is about to come to a close, claims Positive Crypto, leading to new price all-time highs.
Bitcoin’s strong rally to $9,600 increases the chance of BTC reclaiming $10K but tomorrow’s CME BTC contracts expiry is an event to monitor.
In 2019, the price of Bitcoin surged from $3,150 to $14,000 when the inflow of BTC into exchanges plunged, and it just happened again.
$10,000 is edging ever closer for Bitcoin, which has gained $800 in the past few days and taken little notice of resistance levels.
Bitcoin price closed the CME gap and made a decisive move above the $9K and $9.2K resistance as traders attempt to carve a new path to $10K.
Hodl waves show that over 60% of the supply has not moved for a year or more, something which historically has signaled price upside.
Despite Bitcoin’s bearish price action, top traders on Binance Futures are aggressively longing cryptocurrencies, including Bitcoin and Ethereum.
A basket of bearish signals suggests further problems for BTC/USD, but a higher CME futures gap is among the causes for hope this week.
As the weekly close approaches, Bitcoin price dropped out of the ascending channel to $8,840, marking six consecutive lower highs since June 2019.
A sideways week for Bitcoin will not come as a surprise but BTC is still poised for a big move soon as it hobbles inside a tightening range.
Bitcoin price needs to secure a weekly close above $9,300 to avoid dropping below the ascending channel to revisit lows below $8,800.
Bitcoin price looks shaky after dropping below $9.3K support but still remains in a general uptrend since March even if another pullback occurs.
Bitcoin’s recovery to $10,000 is currently hindered by resistance at the 20-MA and with a holiday weekend coming up traders brace for volatility.