Bitcoin rebounds over $41K after painting a 'bullish hammer' — Can BTC hit $6...
Yes, if the signs of bottoming out coming from the U.S. stock market are true. Bitcoin (BTC) rallied above $41,000 on Feb. 28 in a new sign of buying sentiment returning after last week's brutal selloff across the risk-on markets, including the S&P 500.BTC's price jumped by over 9% to reach $41,300 in part as traders reacted to the ongoing development in the Russia-Ukraine crisis. In doing so, the cryptocurrency briefly broke its correlation with the U.S. stock market indexes to perform more like safe-haven gold, whose price also went higher in early trading Monday.BTC/USD versus XAUUSD....
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Bitcoin price dipped as low as $17,700 overnight before bulls drew a line in the sand and began to defend the recent rally. Although the move down was sharp and severe, the strength of bulls has left a long wick behind and a bullish “hammer” is forming. A daily close at or above $18,500 could […]
A set of technical indicators see Bitcoin price ending its prevailing bearish cycle. Bitcoin (BTC) recovered above the $19,000 mark on Sep. 20, a day after falling to its lowest level in three months.Bitcoin struggles after dropping below $20KOn the daily chart, the BTC price rose from $18,255 to $19,650. This 7.5% price rebound mirrored similar rebound moves witnessed in the stock market, suggesting that investors have been coming to terms with another significant rate hike by the Federal Reserve expected on Sep. 20-21.BTC/USD daily price chart versus ACWI and Nasdaq. Source:....
Bitcoin price is still struggling to hold onto support at $30,000 on high timeframes after smashing through it more than a week ago now. With buyers stepping in after the plunge, there is a chance for bulls to stop the downside with a bullish reversal candlestick setup. Learn more about the potential setup and find out if it’s “hammer time”. A Bullish Hammer Could Put A Stop To The Bear Market You wouldn’t necessarily know it by the ultra bearish sentiment or the recent plunge and resulting panic across the crypto market. But if you look at medium timeframe price charts, Bitcoin bulls....
This amazing painting comes to our attention via /u/coolboy666 of Reddit. Check out the original thread here. I wish that I could purchase this painting myself, but it seems it already has an owner. If the buyer, seller, or artist would like to step forward and provide any further information, please comment. Have a cryptic day, mis amigos. Recently sighted in a Hotel in Costa Rica
A stunning recreation of Leonardo da Vinci's The Last Supper painting with a focus on bitcoin sold for big bucks on auction website eBay this weekend. Dubbed The Last Bitcoin Supper (above), the painting - which measures 140cm x 70cm - was created by French artist Youl, and has previously received a less-than-impressive reaction from the community. But now, well, fifty-eight bids brought the final price of the auction to a whopping $2,900 [see the auction here], payable in bitcoin, of course. The painting is complete with a number of interesting representations, namely in the center. What....