Bitcoin risks worst weekly close since 2020 as BTC price dices with $19K
There's little to smile about for Bitcoin bulls as the weekly candle nears completion at nearly the same place as two years ago. Bitcoin (BTC) headed for its lowest weekly close since 2020 on Sep. 25 as a week of macro turmoil took its toll.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader prepares for "important week" for BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD trading near $19,000 with hours left to run on the weekly candle.While only down $400 since the week began, the pair offered traders little optimism amid fears that the coming days....
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It could still go either way for bulls in the run-up to what could still turn out to be the highest weekly close on record. Bitcoin (BTC) is lining up a crucial weekly support test on Oct. 23 after impulsive sellers moved large amounts of BTC to major exchange Binance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC dices with $60,000BTC/USD is keeping traders nervous into Saturday, data from Cointelegraph Markets Pro and TradingView shows, deciding on the fate of $60,000 support.The level had proven the first major area of buyer interest overnight after old all-time highs at....
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....
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 […]
It’s touch and go as to whether BTC can avoid its first four weekly candles in the red since June 2020. Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance bids slowly thin below spotData from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to retake the $40,000 mark after losing it before the weekend.As traders braced for classic volatility into the weekly close, Bitcoin looked decidedly unappetizing. At $39,500 on Bitstamp, the spot price at the....
Bitcoin is about to see its next weekly candle close, one that analysts say will be critical. One trader highlighted how this candle will most likely mark Bitcoin’s highest weekly candle since the blow-off top seen at the end of 2017 and start of 2018. The Importance of Bitcoin’s Upcoming Close Bitcoin is about to see its next weekly candle close. In the coming hours, the leading cryptocurrency will print its latest weekly candle. Analysts […]