Bullish Bitcoin Price Nears $1,250 at 30-Day High
Bitcoin price is pushing higher in a continuing rally that began in the last days of March leading into April. On April 20th, bitcoin value reached $1,243.9 on the Bitstamp Price Index (BPI). Bitcoin is now trading at its highest values in over 30 days, comparing to prices during a recovery from the Winklevoss ETF rejection by the SEC. The increasing gains come despite the ongoing scalability debate that has threatened to split bitcoin’s core software with a ‘hard fork’. The bigger topic over the past week has been the suspension of withdrawals and deposits of USD wire transfers from a....
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Bitcoin has very few resistance levels left to clear before a new bull run is on, and the leading cryptocurrency by market cap returns to price discovery mode in search of its next all-time high. And while that break out into a bull market draws nearer with each passing day, so far, there’s no volume […]
Bitcoin broke above $61,000 for the first time since early March and traders are turning bullish. The price of Bitcoin (BTC) has surpassed $61,000 on April 10 for the first time in nearly a month. Following the breakout, traders are starting to look at new levels of resistance and support in the short-term as optimism returns to the market.In the near term, besides the all-time high at around $61,800, there are three key Bitcoin price levels to observe: $61,188, $58,387 and $53,000.BTC_USDT orderbook heatmap (Binance). Source: Material IndicatorsAs long as the price of Bitcoin stays above....
Bitcoin prices saw a significant price spike this morning, briefly shooting above $1,300 to hit a new all-time high. Markets peaked at an average of $1,325.81, according to the CoinDesk Bitcoin Price Index (BPI), before falling sharply back below that level to hit a daily low of $1,178.54 – a change of roughly $133 within minutes. The price drop appears to have been seen most directly on digital currency exchange Bitfinex, reaching a low of $1,067.20, according to BFXData.com At press time, the price is an average of $1,263.98, BPI data shows. The price developments come as the US....
Ethereum has been recording win after win over the last month. If it’s not a win in its price, then it is another step forward in its move to being a proof of stake network. These major milestones have reverberated throughout its community, spurring bullish sentiment amongst even the most skeptical of investors. Now, another milestone moving into view for the network promises even better things to come. Staking Nears 13.3 Million ETH The amount of ETH staked on the network continues to rise drastically. The first validator node was set over a year ago, and since then, thousands of....
A widely traced technical indicator in the Bitcoin market is signaling bullish exhaustion as the cryptocurrency flirts with $60,000.