Tag: BTC price

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Bitcoin price dives to $27.7K to fill giant futures gap in biggest drop since $20K

A dramatic reversal on Monday sees BTC/USD instantly fill the latest CME futures gap before bouncing off forecast levels below $28,000. Bitcoin (BTC) lost $30,000 support on Jan. 4 as all-time highs gave way to a rapid retracement totalling thousands of dollars. BTC price dips $4,000 in 60 minutes Data from Cointelegraph Markets, Coin360 and…
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Bitcoin price hits $30,000 milestone for the first time ever

Just two weeks after tackling $20,000, Bitcoin passes the $30,000 mark on the second day of 2021. Bitcoin (BTC) hit a fresh psychological landmark on Jan. 2 as the new year kicked off to a flying start for hodlers. BTC/USD weekly candle chart (Coinbase). Source: Tradingview BTC price wastes no time in 2021 Data from…
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Bitcoin price quickly climbs to $31K, liquidating $100M of shorts

Bitcoin plays shorters for fools as a surge to $30,950 liquidates a huge number of risky positions. Bitcoin (BTC) passing $30,000 and hitting highs of near $31,000 has caused huge pain for traders betting on a bearish pullback. Cryptocurrency market overview. Source: Coin360 Data from Cointelegraph Markets, Cryptometer and TradingView confirmed that as BTC/USD peaked…
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Bitcoin price inches closer to $30,000 with new all-time highs

A swift return to form for Bitcoin sparks 8% daily gains and gives no hint of a deeper reversal under $30,000. Bitcoin (BTC) returned to hitting records on Dec. 30 after a fresh rebound took it above its $28,400 all-time high. BTC price nails fresh all-time high Data from Cointelegraph Markets and TradingView showed BTC/USD tackle…
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‘Bullish year ahead’ — Bitcoin primed for Q1 2021 gains, strength index suggests

The monthly RSI of Bitcoin has surpassed 80, which has historically led to larger rallies in the past. The monthly relative strength index (RSI) of Bitcoin (BTC) shows the dominant cryptocurrency is primed for another rally. Is 2021 an ideal time for a Bitcoin rally? The RSI is a momentum indicator that measures whether an…
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As Bitcoin nears $26K, BTC may break $40K in the next impulse wave, says trader

Bitcoin price achieved a new all-time high at $25,945 following a large short squeeze in the futures market. The price of Bitcoin (BTC) has reached a new all-time high of $25,945 on Binance on Dec. 26 just a day after it achieved its previous record high on Christmas day. BTC/USDT hourly candle chart (Binance). Source:…
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Bitcoin dominance hits 1-year peak amid XRP sell-off as $24K briefly returns

Bitcoin sees major volatility and a tussle between bullish and bearish levels while altcoin traders feel the pain of an XRP sell-off. Bitcoin (BTC) kept the volatility coming on Dec. 23 as a dive to $22,800 sparked a lightning-fast rally to classic $24,000 resistance. Cryptocurrency market daily performance. Source: Coin360 BTC dominance hits highest since…
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Bitcoin price drops to $23K in minutes despite huge new Grayscale buy-in

Grayscale adds 50% of miners’ monthly block reward tally in a single day but price action stays decidedly weak. Bitcoin (BTC) fell by almost $1,000 in under an hour on Dec. 23 as spot markets refused to buy fresh good news from institutional investors. Cryptocurrency market overview from Coin360. BTC price spooked near $24,000 sell…
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BTC price rises 5% after US Congress passes ‘$900 billion ad for Bitcoin’

Daily highs of $23,625 for Bitcoin price show fresh bullish appetite. Bitcoin (BTC) price hit highs above $23,500 on Dec. 22 as Monday’s weakness flipped to see bulls challenge previous levels. BTC price in 5.2% daily gains Data from Cointelegraph Markets, Coin360 and TradingView show BTC/USD returning to positions lost over the weekend, topping out…
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Bitcoin rebounds despite ‘COVID-20’ fears — But is the correction now over?

Fear returns to the markets after a new mutated strain of coronavirus has been reported in the United Kingdom. Bitcoin (BTC) price has been on a tear in recent months, leading to a new all-time high at $24,200. However, BTC saw a correction on Dec. 21 as the equity markets also opened in the red.…
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