Can Bitcoin seal its best weekly close of 2022? BTC price sits at $46.5K
Market participants sit back as BTC price action focuses on levels just $300 below last week's close. Bitcoin (BTC) bulls had everything to play for on April 3 as the first weekly close of the month looked set to be above the all-important $46,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnything could happen in final hours of SundayData from Cointelegraph Markets Pro and TradingView painted an interesting picture Sunday, as commentators waited for some classic end-of-week volatility.BTC/USD had delivered few surprises over the weekend, with an overnight dip to near....
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A charge into the weekly close delights analysts as "Moonvember" looks set to continue — can anything spoil bulls' fun? Bitcoin (BTC) begins a new week with a race towards all-time highs as bulls save the day — and the week — at the last minute.A week of sideways BTC price action came to an end just in time for the weekly close, with Bitcoin bouncing back to $66,000.It is a classic move that has become all too familiar in recent weeks, and attention is now focusing on bullish outcomes once again.With Wall Street still to open, Monday has yet to set the tone for the third week of....
Bitcoin’s price is largely stagnant in the time following its strong move up to $11,400 This consolidation is bullish because it shows that bulls have enough strength to remain in control of BTC’s near-term trend The key resistance to watch in the near-term sits at $11,600. A break above this level would be technically significant and likely lead to further upside One analyst is now noting that he is awaiting today’s weekly candle close before […]
The end of the weekly candle could soon give way to a more pressing $42,400 target should the market move significantly overnight, one trader says. Bitcoin (BTC) was on the cusp of making a new higher weekly close on Feb. 13 as bulls kept the market above $42,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin: Potential CME gap to comeData from Cointelegraph Markets Pro and TradingView tracked fairly stress-free conditions for BTC/USD over the weekend, with the weekly candle set to conclude in under 12 hours.The pair had briefly dipped below the $42,000 mark before....
It's a modest weekly gain for Bitcoin buyers as Saturday's progress comes full circle back to square one the next day. Bitcoin (BTC) retested $47,000 on Sept. 19 as the weekly close looked set to hinge on the CME futures gap.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin comes full circle after erasing gainsData from Cointelegraph Markets Pro and TradingView showed mixed signals from BTC/USD as the week drew to a close.Saturday had seen a stronger rally from the pair, which subsequently gave way to ranging behavior amid an absence of clear direction."Happens quite often....
After consolidating for many days, Bitcoin underwent one final push ahead of the weekly candle close just minutes ago. The price of the leading cryptocurrency currently trades for $19,400, far above the weekly lows. This one final push allowed BTC to push to its highest weekly close ever, according to a crypto trader known as […]