As the long-awaited deadline for a positive or negative decision on spot Bitcoin ETF applications approaches, Bloomberg reports that the BTC options market is seeing increased hedging activity as traders prepare for a crucial decision on January 10th. The report indicates a surge in open interest for put options expiring on Jan. 12, suggesting that…
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Bitcoin price is gaining pace and trading above the $44,000 resistance. BTC could continue to rise once it clears the $44,500 and $45,000 resistance levels. Bitcoin started a decent increase above the $43,500 resistance zone. The price is trading above $43,500 and the 100 hourly Simple moving average. There is a key bullish trend line…
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Bitcoin price is moving higher and recently broke the $43,500 resistance. BTC is still in a strong uptrend and might gain pace for a move above $45,000. Bitcoin extended its increase and climbed above the $43,500 resistance zone. The price is trading above $43,000 and the 100 hourly Simple moving average. There is a connecting…
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Bitcoin price attempted a fresh upside break above the $43,500 resistance. BTC failed and corrected lower to test the $41,800 support zone. Bitcoin is correcting gains from the $43,500 resistance zone. The price is trading above $42,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance near…
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Bitcoin price jumped from the $40,500 support zone. BTC is up over 5% but the bears are still defending the $43,500 resistance zone. Bitcoin started a strong increase from the $40,500 support zone. The price is trading above $42,000 and the 100 hourly Simple moving average. There was a break above a major bearish trend…
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Amid the bearish impression circling the cryptocurrency market lately, a prominent crypto analyst has revealed a recent trend for Bitcoin (BTC), which will help bolster the continuation of its price rally. What Bitcoin Needs To Sustain And Expand Its Rally A cryptocurrency analyst known as Ali recently shared this crucial information with the entire cryptocurrency…
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Bitcoin price failed again to gather pace above the $43,500 resistance level. BTC started a fresh decline and might soon revisit the $40,000 support. Bitcoin is moving lower below the $42,000 support zone. The price is trading below $42,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with…
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Bitcoin price is attempting a fresh increase above the $42,200 level. BTC could surge once it clears the $43,350 resistance zone in the near term. Bitcoin started a fresh increase above the $42,000 support zone. The price is trading above $42,200 and the 100 hourly Simple moving average. There is a key bullish trend line…
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Bitcoin price formed a base above the $40,000 support zone. BTC is now struggling to clear the $43,000 resistance zone and consolidating. Bitcoin started a fresh increase from the $40,000 support base. The price is trading above $42,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line…
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The Bitcoin price experienced a notable downturn as selling pressure intensified, resulting in a decline of over 4% from its annual peak of $44,500. This downturn was further exacerbated by the loss of the crucial $42,000 support level. However, the largest cryptocurrency in the market received a substantial uplift from the US Financial Accounting Standards…
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