$12K Bitcoin price back on the table after BTC rallies above $11.4K
Bitcoin price rallied to $11,491 after bulls managed to flip the $11K level from resistance to support. On Friday Bitcoin (BTC) price finally managed to break above the symmetrical triangle where the price had been compressing for the last 30 days. After holding the $11,000 level into the daily close, the price rallied to $11,448 on multiple high volume surges. Cryptocurrency daily market performance snapshot. Source: Coin360On Oct. 8 Cointelegraph contributor Micheal van de Poppe explained that in his view:“If the price of Bitcoin breaks through the $11,100-$11,300 resistance zone,....
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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week $12,000 Bitcoin price back on the table after BTC rallies above $11,400At last. Bitcoin rallied to $11,448 on Friday, finally breaking above the symmetrical triangle where the price had been compressing for the past 30 days.Earlier in the week, BTC had dropped to $10,528 when Donald Trump....
Crypto analyst Crypflow has explained what the Bitcoin relief rally above $71,000 means for the leading crypto and hinted that BTC could still drop lower. This came as the analyst alluded to the previous bear markets and how recent rallies are mirroring price action in past cycles. Analyst Warns Relief Rallies Are Getting Weaker Amid Bitcoin’s Rally Above $71,000 In an X post, Crypflow stated that Bitcoin relief rallies are weakening and that every bear market has them. He noted that during the 2014 bear market, BTC saw relief rallies of up to 100% while in 2018, it saw rallies of between....
Bear market rallies look to be playing out for both the S&P 500 Index and bitcoin. How high can the rally go? What do historical rallies look like?
$XRP has bounced back above the $2.90 support, giving bulls fresh momentum heading into Uptober. Traders are eyeing a possible run toward $3.65 and even $4.50 if resistance levels give way, though a dip toward $2.25 remains on the table if bears push back. Market data shows demand heating up, with futures interest climbing to […]
Games room specialist Liberty Games has created a bitcoin-operated pool table that runs on Raspberry Pi. Next to the table's traditional coin slot, there is a QR code and an LCD screen, which displays the price per play in bitcoins. Users simply scan the QR code and send the displayed amount to the owner's bitcoin wallet address. The machine then automatically tips the balls out - they don't have to be manually released. Stuart Kerr, technical director at Liberty Games, said he decided to give the idea a try after reading CoinDesk's article 'Will bitcoin ever be used for gas pumps, parking....