Why Breaking $49K Is Important For Bitcoin To See Another All-Time High
Bitcoin has once again dipped back down below its $47K resistance point. This time, the price of the digital asset looks to have turned its attention downwards. While this downward correction continues, it is important to know where this correction might lead. Price dips are not a novel concept in bull markets. In fact, price dips are often expected following a rally in the price of any digital asset. Related Reading | Why An 18% Drop In Bitcoin Could Still Be Bullish This drop in price is usually the market taking a bit of a step backward. Not necessarily pulling out of the asset.....
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As bitcoin surpasses all-time price highs as part of an enduring rally, investors wonder what will happen next. The post Life After $20K: Where Will Bitcoin Go After Breaking The All-Time High? appeared first on Bitcoin Magazine.
Ethereum has taken the recent rally in the crypto market one step further. The digital asset had been chasing multiple new all-time highs in the past week, breaking above $4,600 for the first time ever on Wednesday. This milestone was important for the asset as it showed Ethereum still had more steam left in it […]
Bitcoin’s record-breaking start to the new year continued on January 5 after the top crypto set another new all-time high (ATH) of $35,879. Based on this new milestone, the top cryptocurrency has now surged by more than 20% in just the first of five days of the new year. Record-Breaking Start to 2021 Interestingly, the new ATH comes less than 48 hours after the digital asset briefly crashed to just under $30,000 in Monday morning trades. However, since staging another recovery, the digital asset’s traded volumes have also surged in the past 24 hours. Data shows that volumes....
Bitcoin price has rallied to new highs on multiple exchanges but it’s yet to break its December 2017 all-time high at Coinbase. The price of Bitcoin (BTC) reached $19,873 on Coinbase on Nov. 30, breaking above $19,000 in a surprising recovery rally. Although many in the cryptocurrency sector a celebrating BTC achieving an all-time high, it has not just yet.On Coinbase, the price of Bitcoin hit its peak at $19,891 in December 2017. The all-time high price on Coinbase is particularly important because it has consistently remained as the top U.S. exchange for the past several years.BTC/USD....
Dogecoin Price Key Highlights. Dogecoin price surged higher after breaking a couple of important resistance area, as anticipated in one of our previous week's posts. The price traded towards the last swing high of 58.4 Satoshis, which prevented any further gains. Dogecoin price climbed higher and tested our long-awaited target of a buy call, and looks set for a correction moving ahead. A correction underway? The Dogecoin price rocketed higher recently and cleared a couple of important resistance levels, including a bearish trend line on the hourly chart and the 38.2% Fib retracement level....