Bitcoin Price Poised for Fresh Pump: Market Prepares for Upswing
Bitcoin price started a fresh increase above the $68,000 resistance. BTC is now rising and might climb toward the $70,000 resistance zone. Bitcoin formed a base and started a fresh increase above the $68,000 resistance zone. The price is trading above $68,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $68,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might accelerate higher toward the $70,000 and $70,800 levels in the short term. Bitcoin Price Could Soon Retest $70,000 Bitcoin price remained....
Related News
Bitcoin looks poised to reach fresh price highs according to a flurry of crucial on-chain indicators.
Both retail and institutional adoption and interest in Bitcoin continue to see notable growth following the recent price upswing over the past week, which has led to a huge rise in BTC’s dominance over other cryptocurrency assets in the market. Bitcoin’s Market Dominance Almost Over With Bitcoin persistently witnessing a significant price rally, its dominance […]
Bitcoin’s price action has been flashing mixed signals to investors, as its price has been caught within a wide trading range between $10,200 and $11,200 as buyers and sellers battle for control of its near-term outlook. The cryptocurrency’s inability to post any sustainable upswing indicates the strength that sellers have at the present moment, which […]
Litecoin is currently trading at around $283, gaining 5.59% in the last 24 hours. LTC bulls are looking to hold the key support level for the coin at around $257 to prepare it for a fresh momentum. Light It Up: Litecoin Targets $420 Around Toking (Not Token) Holiday LTC price had a rough week falling […]
A crypto analyst has predicted that prominent meme coin and Shiba Inu competitor, Floki (FLOKI) is poised to witness a Dogecoin-like rally to new levels. This bullish projection comes on the heels of Floki’s recent listing on the leading crypto exchange, Bitstamp. Analyst Anticipates Major DOGE-Like Upswing For Floki In an X (formerly Twitter) post […]