Breaking Point: Bitcoin Fate Hangs On $25,400 Support, $20,500 Looms As Poten...
Bitcoin (BTC), the leading cryptocurrency in terms of market capitalization, is displaying persistent indications of an ongoing downtrend. Currently oscillating between the $26,000 level and the $25,800 mark, it is edging closer to a crucial support level at $25,400. The significance of this threshold cannot be overstated for BTC bulls, as it holds the potential to halt the ongoing decline. Bitcoin Faces Crucial Levels, Analyst Warns Of Potential Dip Bitcoin finds itself at a critical juncture as it tests a crucial support level, according to renowned crypto analyst Ali Martinez. The....
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Altcoins, after three years of a bear market, are lagging far behind Bitcoin in terms of overall recovery. Ethereum, XRP, and several others are still more than 50% away or more from their all-time highs, while Bitcoin inches closer to revisiting its. Bitcoin is undeniably bullish, but altcoins are currently showing indecision in more ways […]
The broader crypto market is currently navigating a phase of uncertainty, with concerns mounting over the possibility of a new bear market. A recent analysis by Barchart analyst Rob Isbitts highlights three significant signals suggesting that a deeper retreat in crypto prices may be on the horizon. Emerging Correlations Among Crypto Prices The report points to notable trends observed in April of last year, when a 50% increase followed the launch of several spot Bitcoin exchange-traded funds (ETFs_. Specifically, BlackRock’s IBIT fund which boasts over $85 billion in assets under....
In a dramatic courtroom exchange, Judge Lewis Kaplan and the defense team representing former FTX CEO Sam Bankman-Fried (SBF) discussed trial preparation challenges and looming deadlines today. The proceedings shed light on the defense’s alleged difficulties in handling the case from within Brooklyn’s Metropolitan Detention Center (MDC) walls. At the same time, the judge offered […]
As the end of the month approaches, Ethereum (ETH) is attempting to end February above the crucial $2,000 barrier. Some analysts have suggested that the upcoming monthly close could determine the fate of the King of Altcoin’s price trajectory. Related Reading: XRP Rally Incoming? Analyst Forecasts March-April Recovery If This Level Breaks Ethereum Trajectory Could Be Defined This Weekend On Thursday, Ethereum briefly fell from its recent highs and retested the $1,980 level before bouncing. Notably, the cryptocurrency surged 11% on Wednesday morning, reaching a ten-day high of $2,148, then....
Bitcoin fell to a five-month low before staging a modest recovery, testing a crucial support line that traders say could decide the short-term fate of the bull market. Related Reading: Bitcoin’s Grip Holds — But Signs Of Weakness Are Piling Up: Analyst According to Crypto Onchain, Bitcoin hit an intraday low of $98,900 before buyers pushed the price back above $101,000 and later to $103,400 at the time of writing. The top coin’s year-to-date gain sits at close to 10% after peaking at an all-time high of $126,300 in October. Bears Break $107,000 Fortress Based on analysis from Crypto....