Bitcoin targets record 8th weekly red candle while BTC price limits weekend l...

Bitcoin targets record 8th weekly red candle while BTC price limits weekend l...

The weekly chart looks decidedly grim for BTC/USD despite a lack of volatility over the weekend. Bitcoin (BTC) gave bears little joy over the weekend as the May 22 weekly close looked set to revolve around $30,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWaiting for Bitcoin to "make a decision"Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it held a narrow range after the Wall Street trading week.With volatility absent, traders hoped for a move to larger areas of support or resistance next.“Still wedged between the supply and demand zone .. Hoping....


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Bitcoin Price Smashes Record For Highest Weekly Candle Close Ever

Bitcoin price is back at levels from earlier in the year, but has yet to set a new all-time high. Last night’s weekly candle close still came with a new broken record for price: the highest weekly candle close in the cryptocurrency’s history. Will the bullish weekly close lead to new highs? If so, will this be the culmination of the bull run? And if not, does that mean a bear market instead? A new record has been set | Source: BTCUSD on TradingView.com Bitcoin Price Sets New Record For Highest Weekly Close Ever According to TradingView’s BTCUSD Index, the weekly....

Bitcoin Could Soon See a Pivotal Weekly Candle Close Above $13,000

Bitcoin is about to see its next weekly candle close, one that analysts say will be critical. One trader highlighted how this candle will most likely mark Bitcoin’s highest weekly candle since the blow-off top seen at the end of 2017 and start of 2018. The Importance of Bitcoin’s Upcoming Close Bitcoin is about to see its next weekly candle close. In the coming hours, the leading cryptocurrency will print its latest weekly candle. Analysts […]

Bitcoin price needs to close above $29,450 for its first green weekly candle ...

It's touch-and-go for BTC bulls this Sunday with a tenth red weekly candle still at stake. Bitcoin (BTC) kept traders guessing into the June 5 weekly close as BTC price action closely mimicked last weekend.BTC/USD 1-week candle chart (Bitstamp). Source: TradingViewBTC price traders $300 in the greeData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling its May 30 opening level at the time of writing, just $300 higher than seven days ago.With hours to go before the weekly candle closed, the pair thus retained the threat of sealing yet another lower low. This would take....

Bitcoin may see major price volatility at the start of December — Here's why

Bitcoin might see a spike in volatility when the new weekly and monthly candles open, especially after a large short-term correction. The price of Bitcoin (BTC) faces two crucial events on Dec. 1 right after the weekly and monthly candles close. The upcoming weekly candle close is particularly noteworthy because it could mark the first red weekly candle since late September. The monthly candle will be significant since it would mark the highest close in Bitcoin’s history if the price remains over $13,791.Bitcoin realized volatility. Source: Cointelegraph Markets, Digital Assets DataThere....

NFTs Back? Market Breaks Weekly Trading Volume Record

The NFT market has made a comeback and broken its weekly trading volume record. The new all-time-high is around $208 million. NFT Weekly Trading Volume Reaches New ATH Over the last week, the NFT market has climbed to new heights as markets register record breaking transfers. The weekend especially saw big movements of these digital […]