Bitcoin price dips are being ‘bought up strongly’, but a $50K close remains key
Analysts identify the key levels BTC needs to hold in order to see continuation above $50,000. Go to Source Powered by WPeMatico
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Analysts identify the key levels BTC needs to hold in order to see continuation above $50,000. Go to Source Powered by WPeMatico
AXS, LUNA and a handful of altcoins rallied to new highs shortly after Bitcoin price rallied to $49,200. Go to Source Powered by WPeMatico
The flagship cryptocurrency has closed October in profits seven out of nine times since 2013, raising hopes that it would be able to log a fractal bull run in the next 31 days. Go to Source Powered by WPeMatico
While the long-term sentiment remains bullish, traders warn that BTC must hold the $41,000 support to avoid a sweep of the $38,000 level. Go to Source Powered by WPeMatico
Bitcoin needs to flip $43,600 to support in order to see bullish continuation and on-chain data signals that BTC accumulation continues to increase. Go to Source Powered by WPeMatico
The crypto market staged a roaring comeback after Evergrande makes a deal to pay its debts and the Fed signals a continuation of its current monetary policy. Go to Source Powered by WPeMatico
Analysts highlight the formation of a bull flag on the Bitcoin chart and suggest that the price could continue to consolidate until a major catalyst moves the market. Go to Source Powered by WPeMatico
Bitcoin prices have been better after the second week of September, hovering around $46.5K to $48.5K per unit during the last two days. Meanwhile, bitcoin proponents still believe a significant second-leg up will be happening this year and a recent survey published by Plan B with 123,410 votes shows people believe bitcoin will reach $100K … Read more
Crypto asset investing has become more popular with Aussie boomers according to the country’s largest exchange. Go to Source Powered by WPeMatico
Bitcoin’s spike to $50,000 renewed calls for a new all-time high, but analysts caution that a daily close above $51,000 is needed to solidify the current uptrend. Go to Source Powered by WPeMatico