Category: BTC price today

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Bitcoin-friendly PPI data boosts bulls as Ether price fights for $2K

Bitcoin fails to react to a positive PPI print, while Ether gets busy defending the $2,000 mark which it reclaimed for the first time in eight months. Bitcoin (BTC) preserved $30,000 support at the April 12 Wall Street open as more United States macroeconomic data boosted bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView PPI…
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What Bitcoin bear market? BTC price closely copying old halving cycles

Bitcoin continues to fulfil its halving cycle roadmap in classic style compared to 2013 and 2017, the latest BTC price metrics show. Bitcoin (BTC) price action is right on track when it comes to sealing new all-time highs, new data suggests. A suite of price metrics from on-chain analytics firm Glassnode released on April 11…
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Bitcoin price faces ‘bearish divergence’ amid $22K correction target

Bitcoin may have blasted through the $30,000 mark, but some market participants are warning of a critical lack of strength. Bitcoin (BTC) held $30,000 as support before the April 11 Wall Street open as fresh doubts emerged over the strength of the rally. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price finally tackles $30,000…
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‘Pop or drop?’ Bitcoin analysts decide if BTC price will beat $30K

Bitcoin is giving off fresh signals that it is soon time for a BTC price surge, but old support may need a retest first. Bitcoin (BTC) continues to tread water at the April 10 Wall Street open, but crypto market participants are betting on a serious breakout next. After a late surge took BTC/USD to…
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Bitcoin traders expect ‘big move’ next as BTC price flatlines at $28K

Bitcoin stays stuck in an ever-decreasing trading range, but market participants are already eyeing a potentially explosive resolution for BTC price. Bitcoin (BTC) reduced its narrow trading range even further into April 8 as risk assets waited for fresh catalysts.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopes for BTC price “impulse” to follow sideways…
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Bitcoin rests at $28K as US jobs data boosts new Fed rate hike bets

Bitcoin price action does not warm to nonfarm payrolls numbers as analysts predict the Fed continuing to hike interest rates in May. Bitcoin (BTC) showed little interest in moving higher at the April 7 Wall Street open as fresh United States macro data boosted bets on further interest rate hikes. BTC/USD 1-hour candle chart (Bitstamp).…
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Bitcoin breakout ‘matter of time’ says analysis with BTC price at $28K

Bitcoin will make a decision sooner rather than later, according to cues from the Binance order book. Bitcoin (BTC) stayed tightly rangebound at the April 3 Wall Street open as analysts counted down to volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Watch for rugs” on BTC Data from Cointelegraph Markets Pro and TradingView followed BTC/USD…
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Bitcoin price hits $28.5K on PCE data as macro ‘accumulation zone’ ends

Bitcoin is up $1,000 on the day as bets on $30,000 hitting soon reappear in advance of the BTC price monthly close. Bitcoin (BTC) recovered recent losses at the March 31 Wall Street open as traders looked for a strong monthly close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView PCE delights risk assets as with…
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BTC price to $22K? Watch these key levels into Bitcoin monthly close

BTC price bets pile in as Bitcoin approaches one of its most important monthly closes since the November 2021 all-time high. Bitcoin (BTC) is back below $28,000 as the countdown to the monthly close keeps everyone on their toes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week trend line among popular BTC price targets Data…
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‘Definitely not bullish’ — 7% Bitcoin price gains fail to convince traders

Bitcoin simply hasn’t dealt with the worst of resistance in a key trading range for everyone to flip bullish. Bitcoin (BTC) may have erased its Binance “FUD” losses, but popular traders are anything but bullish. Despite gaining up to 7.5% versus its March 28 lows, BTC/USD is causing more suspicion than excitement with its return…
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