Bitcoin price pushes through $51K, extending bulls’ short-term target to $56K
BTC price broke out of its multi-month long range, securing a daily close above $50,000 and prompting traders to extend their short-term target to $56,000.
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Traders pile into altcoins after Bitcoin bulls take hold of $50K
LINA, SCRT and PRE each rallied by 20% and Bitcoin’s attempt to flip $50,000 to support could extend the current rally seen across the altcoin market.
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.
Axie Infinity hits a new ATH at $155 while Bitcoin bulls aim for $50K
AXS, CVP and POLS lead altcoins higher while Bitcoin bulls search for a way to reclaim the $50,000 level.
Bitcoin price surge to $49K prompts several altcoins to hit new all-time highs
AXS, LUNA and a handful of altcoins rallied to new highs shortly after Bitcoin price rallied to $49,200.
Altcoins take the next leg up after Bitcoin price holds $47.5K
ROSE, AXS and ICX notched 20% gains after bulls took control of the market and sent BTC price above $47,500.
Rari, Telos and Polymath rally as Bitcoin price hits $44K
RGT, POLY and TLOS secure double-digit gains as investor sentiment rises after the Fed says it will not ban cryptocurrencies and Bitcoin briefly reclaims $44,000.
Traders identify $41K as Bitcoin’s key support to hold for the short-term
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.
Traders say Bitcoin’s bullish bias will only be confirmed by a close above $44K
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.
Cross-chain bridge equipped altcoins rally higher despite China’s crypto ban
REN, CELR and CVC ignore the market’s bearish reaction to China’s new crypto ban by posting double-digit gains.