Bitcoin Technical Analysis: Bulls Poised for Next Leg up, Targeting $70K

Over the past hour, bitcoin’s price has ranged from $68,915 to $69,121, with an intraday spread between $67,440 and $69,305. The 24-hour trading volume for bitcoin (BTC) is $23.02 billion, indicating robust market activity. The market capitalization of bitcoin remains strong at $1.36 trillion. Bitcoin Bitcoin’s daily chart highlights a major uptrend starting in early … Read more

Bitcoin Technical Analysis: BTC Maintains Stability in Narrow Triangular Formation

Bitcoin’s valuation presently resides at $68,402, boasting a market capitalization of $1.34 trillion and a 24-hour trading volume of $23.93 billion. Throughout the previous day, BTC’s price has maintained a tightly consolidated triangular pattern. Bitcoin Bitcoin’s (BTC) daily chart reveals a market that has transitioned from a significant rally to a consolidation phase. After an … Read more

Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility

Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators and moving averages provide a mixed outlook, indicating both potential stability and the possibility of future movements. Bitcoin Bitcoin’s 1-hour chart reveals a high of … Read more

Bitcoin Technical Analysis: BTC’s Uptrend Held Back by Strong Resistance at $70K

As of May 27, 2024, bitcoin is trading at $68,457 with a market capitalization of $1.34 trillion. The leading crypto asset has experienced an intraday price range of $68,308 to $69,340 with a 24-hour trade volume of $10.74 billion. Bitcoin The short-term analysis based on BTC’s 1-hour chart reveals a slight downward trend following a … Read more

Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity

Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665 to $70,028 over the last 24 hours. Bitcoin Recent trends in the daily chart reveal bitcoin (BTC) reaching a peak of $71,958 before retreating to … Read more

As BTC Slides Toward Resistance, the Chance of a Rare Triple Top Formation Comes Into Play

The cryptocurrency economy has shed a lot of value during the last six months dropping 48.70% from $3.08 trillion to today’s $1.58 trillion. While crypto markets looks extremely bearish these days, a few crypto advocates have theorized the bear market will be less harsh this time around. Furthermore, there’s also the rare scenario that bitcoin’s … Read more

Markets Update: Crypto Bulls Lose Footing After Stablecoin Controversy

Cryptocurrencies dropped in value yesterday after the New York Attorney General’s court filings against Bitfinex and Tether were published. Currently, the entire market capitalization is roughly $170 billion and most cryptocurrencies have lost 2-10% of their value since the announcement. Also read: Researchers Find Hundreds of Ethereum Wallets at Risk Due to Weak Key Pairs … Read more

Markets Update: BCH Maintains Strong Lead as Crypto Prices Record Slight Pullback

Cryptocurrency markets saw some significant gains over the last two days, but prices on Thursday have started to pull back from this year’s all-time highs. When the spikes first initiated, bitcoin cash (BCH) led the pack out of the top 10 cryptocurrencies and still maintains a lead with over 75 percent worth of gains for … Read more

Trading Cryptocurrencies Like a Boss Takes Time and Research

Over the years there have been many news.Bitcoin.com tutorials about the very basics of trading, market indicators, and the multitude of websites that collect vast amounts of data. Some of these resources give traders a step towards making their first trades. Now after a few losses and some lucky gains these individuals are interested in … Read more

Markets Update: Bullish Sentiment Returns to Crypto Markets

Cryptocurrency markets have been accumulating gains again after the significant dips in value during the first two months of 2018. BTC/USD prices are holding steady above the $11,450 price range after bouncing off the $5,900 bottom not too long ago. Digital asset enthusiasts speculate the market is starting to show strong bullish sentiment once again. … Read more