Bitcoin Price Bounces Back to Within $25 of All-Time High
After failing to set a new high during yesterday's trading, bitcoin's price is edging up once again to start 5th January. At press time, bitcoin prices had increased $10 during the first hours of the day's session to top $1,140, according to data from the CoinDesk Bitcoin Price Index. The upward movements follow a pattern observed on 4th January, when the digital currency's price appreciated sharply after crossing $1,100 before meeting resistance at $1,140. With the move, global exchange averages are again within striking distance of the previous all-time high of $1,165.89 set on 30th....
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Bitcoin price has done it and made a higher high, setting a new all-time high record above $65,000 according to several exchanges and the TradingView BTCUSD Index. What exactly does this mean for the first-ever cryptocurrency and the current market cycle? Read on to find out. Bitcoin Price Sets New Record ATH Above $65,000 The number one ranked cryptocurrency by market cap has just set another major milestone, and proven to the market that the bull cycle isn’t yet finished. It also means that the April 2021 “top” was nothing more than a mid-cycle pullback before the coin....
Ethereum price managed to hold the $10.80 support during the recent decline, and ETH/USD may now attempt to retest the last swing high. Key Highlights. ETH price after trading as high as $11.38 found resistance and moved down against the US Dollar. There was an important support trend line at $11.30 of an ascending channel on the hourly chart of ETH/USD (data feed via SimpleFX), which was broken. The price traded towards $10.80 where buyers appeared, and the price bounced back. Ethereum Price Bounces Back. We were following an ascending channel pattern on the hourly chart of ETH/USD (data....
Bitcoin just went through potentially one of its worst days since March 2020. With a 50% correction in the weekly chart, the price has retraced to levels last seen in January 2021. But just as quickly as it fell, BTC’s price bounces back from a major psychological mark at $30,000. At the time of writing, […]
The price of bitcoin and a number of digital assets saw significant gains on Monday, as the entire market capitalization of the crypto economy has gained 2.4% in the last 24 hours. Bitcoin’s value passed the psychological $50k zone after hitting a low of $43,021 the day prior on Sunday. Bitcoin (BTC) touched a high on Monday, March 1, at $50,244 per unit at around 7:26 p.m. (ET). At the time of publication, BTC’s overall market valuation is around $926 billion and there’s $22.83 billion in global trade volume. The current price is over 15% higher than the low of $43,021....
KCS’ price shows strength as the price remains green despite the market’s uncertainty. KCS bounces from the downtrend as the price breaks out of a descending triangle with strong buy volume. The price of KCS shows bullish signs as the price trades above 50 Exponential Moving Averages (EMA) with good volume. Kucoin Token (KCS) price movement has recently shown some great price action as the price gained momentum to bounce from a downtrend against tether (USDT). Although the crypto market is currently facing a new setback, Bitcoin’s (BTC) price has dropped from $19,000....