Tag: BTCUSD

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Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why

Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn’t be sad about such a massive price decline for the flagship crypto.  Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter)…
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Bitcoin Price Flashes Downside Break: Will Bears Take Over?

Bitcoin price failed to clear the $60,650 resistance. BTC is now correcting gains and might decline toward the $57,500 support zone. Bitcoin is correcting gains and trading well below the $60,000 level. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend line…
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3-Year Cup-And-Handle Pattern Promises To Send Bitcoin Above $100,000

Crypto analyst Jelle has highlighted a bullish pattern that has been forming on the Bitcoin chart for the last three years. The analyst suggested that it could soon be time for the pattern to play out, with a price target of $100,000 and above in sight if it does.  3-Year Cup And Handle Pattern Could…
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Bitcoin Hits $60,000 As Market Conditions Align For Crypto Price Surge: Santiment

Bitcoin has hit the $60,000 price mark, recovering a price level last seen since August 29. Based on data from CoinMarketCap, The crypto market leader moved by 3.98% on Friday, capping off a rather impressive weekly performance. Commenting on this price gain, prominent blockchain analytics company Santiment has provided insight into shifting market dynamics that…
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Bitcoin Price Eyes Further Gains Toward $60K: Can It Break Through?

Bitcoin price is holding gains above the $57,500 resistance. BTC is now showing positive signs and might aim for a move toward $60,000. Bitcoin is attempting a fresh increase above the $57,200 support zone. The price is trading above $57,500 and the 100 hourly Simple moving average. There is a key contracting triangle forming with…
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Bitcoin Forms Golden Cross On 2-Month Chart, Here’s What Happened Last Time

Crypto analyst Titan of Crypto has highlighted a bullish indicator on the Bitcoin chart. The analyst also revealed what happened the last time this pattern formed, suggesting that the leading crypto could enjoy a significant price rally soon enough.  Golden Cross Forms On The Bitcoin Chart Titan of Crypto revealed in an X (formerly Twitter)…
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Bitcoin Price Rises Steadily: Will It Reach $60K Next?

Bitcoin price started a decent increase above the $57,500 resistance. BTC is now showing positive signs and might aim for a move toward $60,000. Bitcoin is attempting a fresh increase above the $57,000 support zone. The price is trading above $57,200 and the 100 hourly Simple moving average. There was a break above a short-term…
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Why Bitcoin Retesting $57,000 Is Good For The Price

Bitcoin (BTC) is finally making a comeback, with recent price spikes signaling a potential start of the long-awaited market bull run. As the cryptocurrency retests the $57,000 level, this renewed momentum could ignite a positive price rally, potentially driving more gains for Bitcoin.  Bitcoin Retests New Levels At $57,000 On Tuesday, September 10, Santiment, a…
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Bitcoin Price Battles to Extend Gains: Will It Clear $58K?

Bitcoin price started a decent increase above the $56,500 resistance. BTC is now struggling to clear the $58,000 resistance and is consolidating gains. Bitcoin is attempting a fresh increase from the $52,500 support zone. The price is trading above $56,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming…
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Bitcoin Sees 2 Consecutive Heikin Ashi Signals On The Weekly Chart, What This Means

Crypto analyst Jesse Olson has highlighted the second consecutive Heikin Ashi signal on the Bitcoin (BTC) weekly chart. This comes despite Bitcoin’s recent rise to as high as $58,000, which suggests that a bullish reversal might be on the horizon.  What The Heikin Ashi Signal Means For Bitcoin While highlighting the second consecutive Heikin Ashi…
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