Bitcoin price holds $23.5K, leading bulls to say ‘it’s different this time’
Traders expect BTC price to venture into the $27,000 to $32,000 range now that Bitcoin looks to secure a daily close above its current range. Similar to Stockholm syndrome where captives develop a psychological bond with their captors, crypto winters have a way of flipping even the most bullish cryptocurrency supporters bearish in a short period of time.Evidence of this reality was on full display on July 19 after the recovery of Bitcoin (BTC) back above $23,000 was met with widespread warnings that the move was merely a fakeout before the market heads for new lows $BTC Not bad. But keep....
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Bitcoin price is back at local highs, but still struggling to set a new record beyond $61,800. The lack of a further push by bulls even with positive news out of PayPal, has caused one iconic trader to warn of the possibility of a topping pattern forming. The theory is based on a set of […]
Bitcoin has been flashing some subtle signs of strength heading into election day, as bulls were able to push it from $13,400 to $13,700 earlier today before it began facing some resistance Its price action as of late has marked consolidation, and it doesn’t appear that analysts will have a clear idea of where it is heading next until after the election Some believe that the results of the presidential race will have far-reaching impacts […]
Bitcoin Price Key Highlights. Bitcoin price is still stuck in correction mode, as bulls seem unable to sustain their previous price rally. The Fibonacci retracement levels marked on the daily time frame could serve as potential areas where bulls might hop in. Bitcoin price could use a much larger correction from its similarly large rally throughout past week, possibly leading to a pullback to the 61.8% Fib. Area of Interest. At the moment, bitcoin price is finding support at the 50% Fibonacci retracement level, which lines up with the $350 mark. No reversal candlesticks have formed yet so....
ETH price is on the cusp of a new all-time high and derivatives data shows bulls may attempt to capture it ahead of Oct. 29’s $1.25 billion Ethereum options expiry. Ether (ETH) has gained 950% in 2021 and from the look of things, the altcoin has no intention of stopping. This can also be seen in the ultra-optimistic bets for October’s $1.25 billion options expiry. However, this phenomenon is not exclusive to Ether bulls.The right to acquire Ether at a fixed price in the future does not come at a cheap price. On Sep. 4, the $5,000 call option for Oct. monthly expiry was trading at ETH 0.082....
Crypto.com users can buy 18-month subscriptions of Time Magazine using CRO and other cryptocurrencies. In partnership with Crypto.com, a leading digital currency platform, Time is now accepting one-time crypto payments for its 18-month digital subscription. Users who elect to pay with Crypto.org Coin, or CRO, will receive up to 10% cash back on their purchase. The digital subscription is valued at $49. The option to pay with cryptocurrency is currently only available in the United States and Canada, with a global rollout scheduled for July 2021. Keith Grossman, Time’s president, said the....