Tag: BTCUSDT

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Short-Term Bitcoin Rally Loses Steam, Uncertainty To Dominate Price Action?

Bitcoin (BTC) is back to its range after a failed attempt to reclaim previously lost territory, with a likelihood of seeing further losses. The crypto market has seen a weak price action in 2023, but BTC has been notably more fragile than other digital assets.  As of this writing, Bitcoin trades at $16,800 with sideways…
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Bitcoin Price Jumps To $17K and Prints Bullish Continuation Signal

Bitcoin price climbed higher above the $16,800 resistance. BTC could rise further if it clears the $17,000 and $17,050 levels. Bitcoin is slowly moving higher above the $16,800 and $16,850 resistance levels. The price is trading above $16,700 and the 100 hourly simple moving average. There is a major bullish trend line forming with support…
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How This 25-Year-Old Traded $2 Billion In Crypto From His Parents’ Home

Per public filings with the Australian Securities and Investment Commission, a 25-year-old registered a million-dollar-worth trading company at his parents’ house. According to a report, the company successfully traded over $2 billion in Bitcoin and other cryptocurrencies. The trading desk is PO Street Capital, and its founder Darren Nguyen lives in an Australian suburb. The…
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Bitcoin Price Plays Catch-Up With Altcoins, Why $28,000 Is A Key Level

The Bitcoin price is finally seeing some profits, but it seems weak compared to other crypto assets. The macroeconomic environment is waking up, shaking things across all asset classes.  As of this writing, the Bitcoin price trades at $16,800 with sideways movement in the last 24 hours. In the crypto top 10, BTC is lagging…
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Bitcoin Price Hits Bottom At $16,700? This Obstacle Stalls Gains

The Bitcoin price has seen a slow start in 2023 as the cryptocurrency remains stalled and moving sideways around its current levels. Many experts believe BTC has seen the worst of the recent bearish cycle and could be gearing up for some profits.  As of this writing, the Bitcoin price trades at $16,700 with sideways…
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Bitcoin Price Key Indicators Suggest Strengthening Case For Upside Break

Bitcoin price is attempting an upside break above $16,800. BTC could gain bullish momentum if it clears the $16,800 and $17,000 levels. Bitcoin is still trading in a major range below the $16,800 and $17,000 resistance levels. The price is trading above $16,600 and the 100 hourly simple moving average. There is a key bullish…
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Craziest Bitcoin Price Predictions For 2023, 1,400% Rally Possible?

The start of a new year kicked off Bitcoin price and crypto market forecasts across social media and mainstream media platforms. Experts are debating whether bulls or bears will drive 2023’s price action. Last year, bears took over and sent the benchmark crypto back to its 2020 levels.  As of this writing, the Bitcoin price…
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A Crypto Holiday Special: Past, Present, And Future With Ben Lilly

2022 is coming to an end, and our staff at NewsBTC decided to launch this Crypto Holiday Special to provide some perspective on the crypto industry. We will talk with multiple guests to understand this year’s highs and lows for crypto. In the spirit of Charles Dicken’s classic, “A Christmas Carol,” we’ll look into crypto…
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Bitcoin Still Stuck At $16,700, Why This Indicator Points To New Trajectory

Bitcoin has seen little to no action in its first two days of 2023; the cryptocurrency is bound for a spike in volatility, but in which direction? After experiencing months of downside pressure, there seems to be no room for further losses. As of this writing, Bitcoin trades at $16,700 with sideways movement in the…
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Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

Bitcoin price is still facing resistance below $17,000. BTC could decline heavily if there is a clear move below the $16,000 support zone. Bitcoin is still showing bearish signs below the $16,800 and $17,000 resistance levels. The price is trading above $16,500 and the 100 hourly simple moving average. There was a break above a…
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