Auto Added by WPeMatico
It’s been a challenging day for crypto bulls as the price of almost every single cryptocurrency from the top 50 is in the red on a 24-hour scale. The same…
Since the major drop on Wednesday, the bitcoin price mostly traded around the same range of $64K. Today is the last day of the week; this means that on midnight UTC…
Bitcoin’s price went through a near-term pullback that was largely driven by leverage long liquidations. It sent the open interest down $1.5 billion. There are no signs of aggressive distribution…
Bitcoin continues with the technical breakout above $64.8K. It’s also worth noting that, from a macro perspective, the SPX recently reached a major technical target at 4710, struggling to close…
Bitcoin is up 7.6% in the past seven days, but it charted 6% gains in the past 24 hours alone in a very formidable push. However, it’s worth noting that…
In the past few days, we saw Bitcoin’s price nearly touching $60K again and it’s now important to reclaim the 21-ay MA in the near term. Meanwhile, the strong resistance…
Bitcoin’s price continues its near-term pullback consolidation, but $60K is holing up nicely, which is a positive signal. If this level fails, we could see downside momentum towards $58.3K to…
Bitcoin continues to hold the 21-day, 21-day EMA, and $60K levels which is a near-term positive signal. There has been some profit-taking from the 2-to-3-year and 5-year old coins, but…
October has so far been a solid month for BTC, currently higher by 40% for the month, after the September shake out. The overall trend in fundamentals and on-chain remain…
Bitcoin’s price made a daily close below $60K, the 21-day, and the 21-day EMA, which is a cautious signal in the near term. There’s a snap-back scenario in the cards…