Bitcoin is trading slightly bullish at $19,223 during the European session, having bounced off the support area of $19,000. On October 22, the BTC/USD started the day at $19,175 and fluctuated between a high value of $19,191.00 and a low value of $19,125. A slew of fundamentals seem to be under BTC demand. Can we expect…
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Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto winter, the network’s total hashrate continues to chug along at close to 300 exahash per second (EH/s). With lower bitcoin prices and the mining difficulty…
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Bitcoin is trading bearish during the European session after being rejected below a major resistance level of $19,250. Following the bearish breakout of the symmetrical triangle, Bitcoin continues to trade with a bearish bias. Whereas a slew of fundamentals weigh on BTC demand, can we expect the BTC/USD pair to rebound? Let’s find out…. Read More:…
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On October 21, the Bitcoin price was choppy, trading within a narrow range of $18,950 to $19,200, exactly in line with our previous Bitcoin price prediction. In contrast, Ethereum fell less than 1% to $1,282 during the early Asian session. Major cryptocurrencies were trading in the negative early on October 21, with the global crypto market cap down 0.9% to…
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During the European session, Bitcoin is trading bullish, having bounced off above $18,900 to trade at $19,300. According to data compiled by cryptocurrency research firm Santiment, the proportion of large investors who hold the cryptocurrency with the largest market capitalization, Bitcoin (BTC), is growing. At the same time, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone…
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On October 20, the Bitcoin price is trading slightly higher after recovering from the $18,990 double-bottom support level. In contrast, Ethereum fell nearly 1% to $1,293 during the early Asian session. Major cryptocurrencies were trading in the negative zone today, with the global crypto market capitalization falling over 1% to $915 billion on the previous…
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During the European session, Bitcoin traded choppy in a narrow range of $19,400 to $19,000, and this range remains intact. The bear market has lasted for quite some time and shows no signs of ending. Bitcoin is the most valuable cryptocurrency, and its price moves have a noticeable impact on the market regardless of whether…
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Bitcoin recovered slightly more than 1% during the US session to trade at $19,544. The BTC/USD pair opened the day at $19,266 and has since fluctuated between $19,444 and $19,168. One of the reasons for the recent slowdown in BTC’s upward movement can be linked to its latest fundamentals. On October 17, mining a block of…
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On October 18, Bitcoin price continued to trade bullish, breaking above the major resistance level of $19,440 level. Ethereum, on the other hand, has gained more than 2% to $1,334 during the early Asian session. Major cryptocurrencies are trading in the green today as the global crypto market cap grew over 1.7% on the previous day to $934…
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On October 14, the cryptocurrency market is on the rise with the total market capitalization of all cryptocurrencies increasing by 2.79% to $944.24 billion. The total volume of the cryptocurrency market has increased by 93.62% in the last 24 hours, to $2.79 billion…. Read More: Bitcoin Price and Ethereum – Why Could BTC Go After…
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