Bitcoin’s ‘Ugly Start’ – Weekend Sell-Off Pushes Price Near $80K
Bitcoin took another blow on March 10, retreating below $82,000 and sending jitters across the crypto market. The latest loss in value for the world’s top digital asset comes after weeks of decent gains. Traders at the moment are unsure if this is just a temporary hiccup, or the start of a more significant correction. Related Reading: Could Cardano Be The Next Big Crypto Winner? Analyst Points To $2 Target Important Levels To Monitor Arthur Hayes, the chief investment officer at Maelstrom and co-founder of BitMEX, anticipates that Bitcoin may encounter resistance at $78,000. He....
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While the Bitcoin price has been creeping to the upside recently, volatility has remained extremely low which means that trading opportunities has been limited. We are hoping for a return to a more exploratory price action soon, however, we may have to wait another week or two before conditions are conducive. Over this past weekend Bitcoin developers gathered in Milan, Italy for the Scaling Bitcoin Conference, a two-day event focused on solutions to Bitcoin’s supposed scaling issues. This was the second of such meeting, out of a total of four scheduled so far. The main points of discussion....
Bitcoin is making gains after a strong volume weekend while ether’s percentage of BTC price shows it may have room to climb.
The crypto market saw high gains for the second day after the weekend sell-off that caused the market to look like a bloodbath. Data from TradingView showed that Bitcoin rose above $54,000 in the early trading hours of Tuesday. As of writing, the pioneer cryptocurrency is trading at $55,152, a gain of 4.08% in the […]
In this episode of NewsBTC’s daily technical analysis videos, we are going to look at the weekly timeframe on Bitcoin BTCUSD in anticipation of the weekend and weekly close. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 2, 2022 With the monthly open now out of the way and Friday here, we are looking ahead at the weekend close ahead of what could be an interesting weekend in the crypto market. Related Reading: WATCH: Bitcoin September To Remember: The Good, The Bad, & The Ugly | BTCUSD September 1, 2022 Bitcoin Bear Market Bottom Fractal And....
On Friday afternoon, Bitcoin was selling at well over $350, and after a rough weekend where Bitcoin fell well under $300, BTC has almost completely rebounded to it's previous level. It's what happened over the weekend that has remained a mystery, until now. According to Alex Wilhelm of TechCrunch.com, a massive singular sell order for 30,000 Bitcoins was placed this past weekend at a price of just $300. This wasmore than 10% below the market price at close of business Friday, and it helped created quite the crater in the BTC market. The Bitcoin fall reached a 2014-low of $275. BTC started....