Bitcoin Traders Should Check These Data As They Brace For The Next Bull Run
Bitcoin holders and investors are still waiting for the next bull cycle that will once again catapult the crypto’s price to levels that may be higher than its current all-time high. Hopefuls believe that the next bullish run for the maiden crypto is inevitable and it is not a question of whether or not it […]
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Futures traders heavily rely on Contract Data to determine market trends and formulate trading strategies. Contract Data is needed by all professional futures traders for investment analysis. That said, how do we check Contract Data on CoinEx? Here is a concise illustration: I. Check CoinEx Contract Data on Web/App For Web users: First, go to […]
The price of Bitcoin is consolidating around $19,000 as traders brace for a possible pullback. The price of Bitcoin (BTC) was rejected by the $19,500 resistance level yet again on Dec. 4, with traders becoming increasingly uncertain about what's next for BTC/USD. Bitcoin rally keeps stalling at $19,500Some foresee the dominant cryptocurrency undergoing a consolidation phase or another minor correction in the near term, particularly as the U.S. dollar is showing signs of a possible recovery.Others, however, expect the crucial $18,500 support level to hold, which would likely set up BTC to....
After a 100%+ move to a new all-time high, profit taking kicks in and Bitcoin traders brace for a possible retest of the $58,000 to $62,000 zone. Whipsaw price action has returned to the cryptocurrency market after Bitcoin’s (BTC) price lost steam at $67,100 and retracted to the $62,000 level. An early morning 87% flash crash in the price of BTC at Binance US saw the price briefly touch $10,000 and it may have set the market on edge, but generally, it appears to have been an isolated event. Data from Cointelegraph Markets Pro and TradingView show that bears have briefly taken control of....
Bitcoin is now at a pivotal moment as its price continues to range within a narrow band, hovering above $83,000 and below $86,000 since last Saturday. The tight consolidation reflects market hesitation, as traders and investors brace for a significant move in either direction. With global tensions rising and macroeconomic conditions showing no signs of […]
Bitcoin price continues to struggle with resistance above $60,000, but data suggests it is refueling for a much larger move higher. In fact, the same data could point to the current bull run only being roughly one-quarter or less of the way through to completion. There’s also a chance that the cryptocurrency bull run is only just getting started, making potential targets as high as $400,000 per coin when it is all said and done. […]