Bitcoin price nears $13.5K as CEO eyes new all-time highs in 3 months
Reports of a fresh market entry from a Singapore bank buoys Bitcoin price as Raoul Pal sees hardly any resistance below $20,000 all-time highs. Bitcoin (BTC) hit new highs of $13,480 on Oct. 27 as fresh news that a bank was entering the cryptocurrency space fuelled already bullish markets.Cryptocurrency market daily overview from Coin360Bank news drives BTC price to $13,480Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD climbing once again during Tuesday trading, adding 2% in just over an hour. The move followed an as yet unconfirmed news that Singapore bank DBS had....
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Volatility has stayed relatively low through bitcoin’s slow march toward record highs.
While all eyes are on Bitcoin’s new all-time highs, some analysts are predicting four-figure Ethereum in the coming months. While Bitcoin continues to push into new all-time highs, Ether has also tagged new year-to-date highs following news the Chicago Mercantile Exchange plans to launch ETH futures contracts in 2021.BTC spiked into new highs on Dec. 16, gaining 10% in one day from $19,140 to $21,340. Dec. 17 has seen BTC extend the rally by a further 4% so far — with the market currently searching for support near $21,800 after posting a local top of $22,160.While many traders appear to....
The price of bitcoin is now trading above $750, its highest total in just under five months. At press time, bitcoin prices were up 2% on the day's trading, and up $50 since the start of Monday's trading at 0:00 UTC. Propelled by a sharp uptick earlier this week (in which the price spiked $30 in just one hour), the price of bitcoin is now nearing the 2016 highs it set in early June. According to data from the CoinDesk Bitcoin Price Index (BPI), bitcoin is now trading at its highest mark since 20th June, when anticipation for bitcoin's decline in mining rewards was arguably at its peak. In....
Bitcoin set fresh all-time highs today, with bulls taking full control of the cryptocurrency’s price action as they set their sights on $50,000 Where the crypto trends in the near-term should depend largely on whether or not bulls will be able to maintain their current momentum Any firm rejection could result in another drawdown, signaling that the resistance within the upper-$40,000 region is insurmountable for the time being One trader explained in a recent tweet […]
No one seems very interested in Bitcoin despite BTC/USD being barely 15% from all-time highs. Bitcoin (BTC) saw a widely anticipated pullback on Oct. 13 as bulls struggled with February’s old all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysts unfazed by BTC’s price pullbackData from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing from five-month highs to briefly wick below $54,000 on Bitstamp.After recovering to around $55,000, the pair looked choppy on Wednesday with no clear direction apparent in the short term.For analysts, however,....