All-time highs meet altseason: 5 things to watch in Bitcoin this week
Bitcoin preserves $30,000 so far but a mammoth rise in Ether and a market dominance drop sets the tone for an altcoin surge. Bitcoin (BTC) is almost unrecognizable as it starts the first working week of 2021, retaining $30,000 support and hitting astronomical new highs.Hard to believe for hodlers, price action continues to wow as Monday gets underway, and attention is turning to what might be next. Cointelegraph takes a look at five factors that investors might wish to monitor in the coming days in what is one of the most volatile Bitcoin trading markets in history.Stocks hit highs as....
Related News
Bitcoin price action beats last week's local high to edge ever closer into final resistance before all-time highs of $64,500. Bitcoin (BTC) is on top form — almost literally — as it heads into a new week less than 15% from all-time highs.A classic cocktail of factors has laid the foundation for a Q4 finale which analysts are now confidently comparing to the bull runs of 2013 and 2017.Decoupling from macro market movements and the U.S. dollar, Bitcoin is once again looking like the gold alternative that investors want — all while altcoins slip away.With “Uptober” still only in its second....
Here is what we are looking to trade in the bitcoin price for this morning's session out of Europe It’s time to put together the first of our twice daily bitcoin price watch pieces, and in what looks to be a stark contrast to the action we saw over the last week or so, things have been pretty flat overnight. Price reached highs of a little over $725 across the major exchanges early this week (as most reading will already be aware) but has since corrected to where it currently trades, circa 670-680, and looks as though it might maintain this level for a sustained period going forward.....
An exciting week begins with Bitcoin back challenging all-time highs and ETFs seeing a potential U.S. launch. Bitcoin (BTC) simply refuses to die this week as a dip below $60,000 barely lasts an hour and bears are burned yet again.After a fairly calm weekend, Sunday saw a typical drawdown before a dramatic resurgence took place for BTC/USD just an hour later.With that, Bitcoin has preserved not only its bullish trajectory but has also sealed its highest weekly close ever — around $61,500.As the market braces for a possible start of trading for the United States’ first Bitcoin....
A Christmas full of cheer for hodlers tops out above $28,000, amid warnings that Bitcoin is already in regulators' crosshairs for 2021. Bitcoin (BTC) has had a week like no other, hitting fresh record highs of $28,400 and staying near the top — what's next.As markets return to digest a wild Christmas, Cointelegraph presents five factors set to help with Bitcoin price direction this week.Gold surges as Trump signs stimulus bullMarkets have been spared a nightmare this week after U.S. President Donald Trump agreed to sign off on Congress’ $900 billion coronavirus stimulus bill. Set to add a....
Bitcoin bulls face off with altcoins after the largest cryptocurrency's latest rejection at $60,000 resistance. Bitcoin (BTC) is off to yet another fighting start on Monday, hitting $59,500 — is this the week we see $60,000?After a promising but restrained weekend, BTC/USD is once again back to beating out resistance as major markets reopen.Given the strength of underlying technicals and buyer demand, bulls may have cause for celebration in the next few days. Resistance, however, has kept them in check for weeks.Cointelegraph presents five things which may help to shape Bitcoin price....