Bitcoin Tests Weekly Open As $113,300 Fair Value Gap Looms — What It Means

Bitcoin Tests Weekly Open As $113,300 Fair Value Gap Looms — What It Means

Over the past week, the Bitcoin market experienced significant volatile price action, resulting in a net price loss of 0.07%. Notably, the crypto market leader initially surged to $118,000 as bullish sentiments rose after the US Federal Reserve announced the first interest rate cut of 2025. However, Bitcoin has since retraced to around $115,700 in the past 24 hours, as transaction activity cooled off. In studying the asset’s price structure, a popular market analyst with the X username KillaXBT has highlighted two important price levels. Related Reading: Countdown To ‘Bitcoin Bottom Day’:....


Related News

NYC Bitcoin Fair Aims to Hold Weekly Fairs Starting This Summer

Beginning this summer, New York residents that also take interest in bitcoin will have access to an outdoor bitcoin fair, aptly named the NYC Bitcoin Fair. According to the group organizing the fair, it starts on Sunday, June 15th - and if things go according to plan, it's an event that could be held every week. Described by the organizers: We want to be able to provide a free Bitcoin event for the masses without the prohibitive ticket prices which most similar conferences/events entail. A typical event usually have to charge high ticket prices due to the rental of the venue, but we're....

New York's Hester Street Fair Teams Up With BitPay for Weekly Bitcoin Market

Hester Street Fair located in the heart of the Lower East Side is the largest pushcart market in New York City. Now in its fifth season, the market is dotted with 60 to 90 small businesses selling anything from artisanal food to vintage clothing to handmade arts and crafts. Next weekend, like every other Sunday, the market will be up and buzzing, but with a twist in the tale. The entrance of Hester Street Fair in New York. Starting 15th June, more than 30 vendors at the Hester Street Fair will be trading their artisan goods for bitcoin every Sunday until the end of October. Over its....

Talking point: A Consumer’s Alternative BTC Conference Coming to NYC

A unique alternative to the Bitcoin conference is due to get underway next month in New York. The New York Bitcoin Fair will be held every weekend from 15 June and offer a range of products and services which customers can use Bitcoin to pay for. Organizers of the fair explain that the main advantage of the event will be the absence of the “prohibitive” ticket prices associated with typical events. The weekly event will focus on retail with increasing education socially, however, rather than drawing on figures from the community. Costs involved are said to be reduced as the fair will take....

Fair Value Gap Suggests Bitcoin Price Is Going Higher, But Watch Out For This...

The Bitcoin price chart is now flashing a head and shoulders pattern with quite a clear plan for what could be coming next. Mix in the fact that there is an unfilled Fair Value Gap (FVG) available for the time being, with a high probability of being filled. This makes for a good idea for how the Bitcoin price could play out in the new week. However, there is also the possibility of a crash with resistance mounting that could cause trouble for the cryptocurrency. Filling The Fair Value Gap At $114,000 Crypto analyst Xanrox revealed that the first Bitcoin Fair Value Gap (FVG) opened up right....

BitPay Teams Up With Hester Street Fair to Accommodate Bitcoin Acceptance

Late last month we learned about a New York City fair that's aiming to make a splash in the bitcoin community byholding 'bitcoin fairs' on a weekly basis. It's the Hester Street Fair in the Lower East Side, and it's all in attempts of attracting a younger crowd to the marketplace, with offerings of handmade jewelry, vintage items, to food like wood-fired pizza and ice cream sandwiches. Bitcoin payments processor BitPay says they're teaming up with the Fair in order to accommodate bitcoin acceptance among the select vendors who will be accepting digital currency. "We are so pleased with our....