Crypto starts week Positive, Bitcoin Bulls Prep For A Breakout
On Monday, the cryptocurrency and Bitcoin market turned positive, attempting to break out of its current downturn, with market capitalization rising 1.5% to $1.37 trillion. The largest cryptocurrency, Bitcoin , reached $30,554, up 1.2%. Bitcoin Price Sheds Gains The Bitcoin price’s downhill movement is becoming increasingly apparent. A rally towards $33,700 is possible. For nearly two weeks, the Bitcoin price Fear and Greed indicator has been at high fear levels. Because more investors are afraid to invest in the present BTC price, this Index can be utilized as a contrarian positive....
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A surprise surge greets BTC hodlers at the start of the new week with $65,000 suddenly returning overnight. Bitcoin (BTC) starts a new week on a high in more ways than one as BTC/USD seals its highest ever weekly close.After days of painfully slow progress, Bitcoin finally put in a breakout move to the upside to pass crucial levels.Now ready to go “parabolic,” some argue, the largest cryptocurrency is now firmly back on the radar of traders after a week dominated by record highs in altcoins.Will “Moonvember” start to live up to its name? Cointelegraph takes a look at what could end up....
A week after its last attempt to reclaim the $100,000 barrier, Bitcoin (BTC) continues moving within its local range. Following its recent performance, some analysts consider that BTC could be near a breakout and a massive rally toward a new high. Related Reading: CZ Sparks Memecoin Frenzy With Dog Picture: Four.Meme Starts Token Betting Event Bitcoin Ready For A Breakout Or a Breakdown? Amid the market volatility, Bitcoin has found price stability, staying within the mid-zone of its post-election breakout level. During the recent 12% correction, BTC saw its price retest the range lows as....
Bitcoin price has been losing its strength over the last 24 hours. The coin has continued to face rejection at the $21,000 mark, causing the bulls to lose their momentum. Over the last 24 hours, the coin has lost 1% of its value, indicating that at the moment, BTC is consolidating on its chart. The past week has been positive for Bitcoin price; however, the coin has lost most of its gains over the last trading session. It is possible for Bitcoin to again pick up momentum provided it clears its overhead resistance marks in the upcoming trading sessions. The technical outlook of the coin has....
Dogecoin is making waves once again, with bulls stepping up after a key trendline breakout that could ignite a fresh rally. Following a period of sideways movement, the momentum has shifted in favor of buyers, who now have their sights set on the $0.1293 target. This breakout could mark the beginning of a significant uptrend, […]
Bitcoin had been trading in a narrow range after hitting a low of $210 near the end of the first half of this month. The market participants were hoping for some volatile price action (as is the nature of this digital currency) but were instead made witness to sideways consolidation. However, on a positive note, the consolidation looks set to end this week and a major breakout may happen very soon. Each Bitcoin is currently worth $226.10. An analysis of the 240-minute BTC/USD price chart above reveals that, even though the bulls have an advantage, that might not prove sufficient to tame....