Bitcoin Price (BTC) Likely To Reclaim $25,000 Level Before End Of 2022
Bitcoin is having a relatively strong performance during the last few days, slightly increasing its market cap dominance which now rose 37%. This is possible as the alpha crypto is starting the month of November in a better shape compared to how it was back in September and October. In fact, BTC managed to finally […]
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Bitcoin price is back to struggling below the $20,000 price level. The coin over the last 24 hours has barely depicted any movement. In the last week, Bitcoin price fell by 1.7%. Overall, the king coin has been consolidating at this price mark over the last week now. The technical outlook of Bitcoin has remained negative as the charts have not been favouring bulls. Broader market weakness has been prevailing for almost a few months now. Sellers have become more active in the past week. Bitcoin at the moment has been trading at a 71% low as compared to its all-time high which happened a....
Bitcoin price is once again pushing higher and breaking boundaries, this time above the key psychological level of $30K per coin. It marks the first time BTCUSD trading above the level since June 2022. Is this more confirmation of a bullish trend blossoming? Or is this a fake out above resistance before a bigger collapse and possible recession? Bitcoin Price Moves Back Above $30K Psychological Resistance Back in mid-2021 after Bitcoin price was rejected from $65K, it first found support at $30K and bounced back to $68K to put in a second, slightly higher high and long term peak. After the....
Bitcoin Maximalists should reclaim that label and refocus on what it means to build a future built on BTC only.
Ethereum has bled heavily owing to the aftermath of the crypto crash. Prices of other altcoins followed suit as Bitcoin hangs below the $30,000 price mark. Ethereum’s current price has hit a new low in 2022. The altcoin had tried to pull off a brief recovery a week back but the broader market weakness finally crept in and caused it to dip further. At the time of writing, ETH is seen below its major support line of $2500. Selling pressure had accelerated as the increased fear index drove investors out of the market. From the technical outlook, Ethereum is set to dip further and then....
The price of Bitcoin must now reclaim the $18,000 level for a chance to resume November’s bullish trend. Bitcoin (BTC) has been seeing significant momentum in previous weeks as its price was approaching the precious $20,000 all-time high. However, an abrupt end came to this glorious rally, with Bitcoin price crashing severely over the past 24 hours. Cryptocurrency market, 1-day performance. Source: Coin360While most investors were celebrating a potential new all-time high, the price of Bitcoin dropped from $19,500 to $16,300, a drop of 15% in less than 24 hours. The majority of the crypto....