BTC price performance disappoints as Bitcoin comes full circle to finish a grim August for bulls. Bitcoin (BTC) is headed for a long-term support retest, data suggests, after BTC price action fell into the August monthly close. BTC/USD 1-hour chart. Source: TradingView BTC price: Roads point to $23,000 Reversing gains seen last week, BTC/USD is…
Read more
Bitcoin is not catching a genuine bid despite the buzz around Grayscale, analysis warns, with BTC’s price still able to dive lower. Bitcoin (BTC) drifted toward $27,000 after the Aug. 30 Wall Street open as the dust settled on digital asset manager Grayscale’s legal victory. BTC/USD 1-hour chart. Source: TradingView BTC buyer interest remains low…
Read more
BTC price fails to protect the $30,000 mark after a brief resurgence, and Bitcoin traders are not confident of new highs. Bitcoin (BTC) failed to hold above $30,000 after the July 20 Wall Street open, with one analyst forecasting a return to range lows. BTC/USD 1-hour chart. Source: TradingView BTC price sinks through $30,000 Data…
Read more
Bitcoin on-chain spending is heating up and, so far, is “rhyming” with past BTC price cycles. Bitcoin (BTC) long-term holders are coming back to life as BTC price increases, the latest analysis confirms. In a tweet on July 13, Philip Swift, creator of on-chain data resource LookIntoBitcoin, revealed classic bull market behavior among “older” BTC…
Read more
BTC price gets a $31,000 boost, but like last week, Bitcoin bulls fail to hold it; is this classic “re-accumulation?” Bitcoin (BTC) staged a fresh breakout attempt into July 11 as the battle for yearly highs stayed hot. BTC/USD 1-hour chart. Source: TradingView $31,000 reappears in BTC price “leverage crunch” Data from Cointelegraph Markets Pro…
Read more
Bitcoin may be back in a familiar range after snap volatility, but the picture is “undoubtedly bullish” for BTC price, one trader says. Bitcoin (BTC) teased more rangebound moves on July 7 as traders recovered from a day of volatility. BTC/USD 1-day chart. Source: TradingView BTC price gets a bid after volatile 24 hours Data…
Read more
BTC price action teases a slow comedown to support, with Bitcoin dip-buyers at the ready. Bitcoin (BTC) headed lower into the July 5 Wall Street open as a risk-off mood entered United States equities. BTC/USD 1-day chart. Source: TradingView BTC price begins hitting dip-buying targets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tapping…
Read more
BTC price will have trouble breaking above $35,000, various analysts warn, as major resistance appears on Binance. Bitcoin (BTC) bulls face a tough task to bring BTC price action past $35,000, fresh analysis predicts. In its latest market update on July 5, trading firm QCP Capital flagged the mid-$30,000 range as a potential cooling-off point…
Read more
While little changed, BTC price monitors hope that a “cascade” to $23,000 can be avoided. Bitcoin (BTC) recovered some lost ground on June 16 as markets shook off mixed United States macro signals. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView BlackRock Bitcoin ETF plan buoys markets Data from Cointelegraph Markets Pro and TradingView showed…
Read more
An ongoing recovery from U.S. macroeconomic policy updates could spell more sustained progress for the BTC price going into the holiday weekend. Bitcoin headed toward a “crucial area” after the June 16 Wall Street open, as a recovery from three-month lows continued. BTC/USD 1-hour chart. Source: TradingView Bitcoin reinforces rebound from multi-month lows Data from…
Read more
