Bitcoin nears $40K amid warning BTC price will correct before bull market res...
Another price dip is required before continuation, one trader says, giving a short-term target of $36,000 for BTC/USD. BItcoin (BTC) edged closer to $40,000 on June 3 as bulls gathered increasing signals that the bottom is in.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC/USD to $36,000 next?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retaining levels it reclaimed a day before, including the critical $37,500.Now, eyes were on the coming days for confirmation of a breakout or rejection — volatility was already forecast to enter by the weekend.For....
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Bitcoin price over the last 24 hours saw an over $3,000 crash and more than 15% wiped out from its price tag. Despite the downside, the cryptocurrency is undeniably in a bull market. But bull markets do correct, and when they do it can be powerful. As to where Bitcoin could fall to, the last […]
Bitcoin has very few resistance levels left to clear before a new bull run is on, and the leading cryptocurrency by market cap returns to price discovery mode in search of its next all-time high. And while that break out into a bull market draws nearer with each passing day, so far, there’s no volume […]
A widely traced technical indicator in the Bitcoin market is signaling bullish exhaustion as the cryptocurrency flirts with $60,000.
According to data from CoinMarketCap, Bitcoin (BTC) appears to have finally found some stability in September, recording a price gain of nearly 13% in the last week. Interestingly, crypto analyst Burak Kesmeci has unveiled a certain condition behind this price rise which could prove vital in initiating a market bull run. Related Reading: Bitcoin Backed […]
A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new warning about cryptocurrency. State-Run Newspaper Warns About Bitcoin Becoming Worthless China’s state-run newspaper Economic Daily published an article warning about bitcoin Wednesday, according to SCMP. The nationwide newspaper is directly under the control of the Central Committee of the ruling Chinese Communist Party. The article warned that investors should beware of the risk of....