Bitcoin price started a downside correction from the $65,000 resistance zone. BTC could revisit $61,750 before it starts a fresh increase in the near term. Bitcoin failed to clear the $65,000 resistance zone and corrected gains. The price is trading below $63,500 and the 100 hourly Simple moving average. There was a break below a…
Bitcoin Price Slips, But Key Support Remains Intact Read More »
Bitcoin (BTC) has regained significant momentum over the past week, breaking free from the $49,000 lows it reached during the broader market crash on August 5. Since the past seven days, the flagship cryptocurrency has surged over 8%, climbing above the critical $63,000 level and reaching as high as $65,000 on Sunday. This latest rally…
Bitcoin Market Update: Analyst Sees 65% Chance Of Retest Before Surge To $68,000 Read More »
Following the Bitcoin price surge back to $64,000, crypto analyst Rekt Capital is predicting a major breakout move in the coming weeks. In a new video analysis, the analyst forecasts a significant market movement around October 2024, based on historical precedents and current chart patterns. Will October Be Bullish For Bitcoin Again? Looking at the…
Here’s When Bitcoin Is Predicted To Break Its All-Time High If History Repeats Read More »
Trying to time the Bitcoin bottom as the perfect time to buy is a pursuit for many cryptocurrency traders. As a result, crypto analysts have used various indicators in the quest to predict the best time to buy Bitcoin. This pursuit has not waned even with the BTC price hitting a new all-time high earlier…
Crypto Analyst Sounds Alarm: Here’s Why It’s Your ‘Last Chance To Buy Bitcoin’ Read More »
Bitcoin price gained pace and tested the $65,000 resistance. BTC must clear $65,000 to continue higher in the near term. Bitcoin started a steady increase above the $63,000 zone. The price is trading above $63,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $63,450 on…
Bitcoin Price Faces Challenge at $65K: Can It Break Through? Read More »
The Bitcoin price rally triggered by Federal Reserve chairman Jerome Powell’s latest speech has been the major talking point in the crypto community this weekend. Analysts at trading firm QCP Capital are amongst the latest entities to weigh in on BTC’s return to within the $61,000 and $70,000 consolidation range. How Interest Rate Cuts Could…
Bitcoin Price To ‘Chop’ Around This Range Until Q4, Analysts Say Read More »
In the past few weeks, following a series of corrections, Bitcoin and the broader crypto market have experienced a significant surge from the lower prices of 2024. The momentum picked up notably on Friday after Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, announced a shift in policy, hinting at…
Bitcoin (BTC) Long-Term Holders Locking Consistent Gains: A Sign Of Stability? Read More »
The Bitcoin price performance has been uninspiring in the past week, mirroring the broader cryptocurrency market climate. However, the premier cryptocurrency seems to be ending the week on a high note following an unexpected Friday rally. The price of BTC appears to have received a breath of fresh air following Federal Reserve Chairman Jerome Powell’s…
Bitcoin Price Surges Above $64,000 — Here’s The Resistance Level To Watch Read More »
Yesterday, Bitcoin (BTC) spiked over 6% following Federal Reserve Chairman Jerome Powell’s announcement that they are adjusting its policy and hinting at a potential 25bps rate cut at the next meeting on September 18. This unexpected news has fueled Bitcoin’s recent volatility, with prices swinging unpredictably in the past weeks. Crucial on-chain data from CryptoQuant…
Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows Read More »
The rejection of lower prices after the climactic drop in early August assuaged trades. Despite the welcomed recovery, Bitcoin bulls are yet to build on the momentum and break above the local resistance levels. Even so, traders are optimistic, expecting buyers to take charge and resume the uptrend set in motion in Q1 2024. In…
In a week marked by economic anticipation and turbulence, the crypto market experienced a rollercoaster ride as the Bitcoin price surged and retreated in response to Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Symposium. Bitcoin Price Rallies On Powell’s Dovish Tones Powell’s risk assets like Bitcoin, as it signals a more…
Bitcoin Price Breaches $62,000: Market Reacts To Powell’s Speech Read More »
