Bitcoin Price Rebounds, But Weak Momentum Caps Further Gains
Bitcoin price started a recovery wave above $67,000. BTC is now consolidating below $68,500 and might struggle to continue higher. Bitcoin started a recovery wave above $67,000 and $67,500. The price is trading above $67,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $67,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,500 and $68,800 levels. Bitcoin Price Attempts Recovery Bitcoin price extended losses and tested the $65,000 zone. BTC formed a....
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The current trend in the crypto market has seen investors reassessing their positions in digital assets such as bitcoin. As the market had boomed and the infamous altcoin season had blossomed, a lot of investors had flocked to smaller cap altcoins for some large gains. However, with these digital assets now in a decline, investors have had to find ‘safer’ alternatives which have brought them right back into the arms of larger caps like bitcoin. Small Caps Take A Beating Like with any declining market, small caps have borne the brunt of the losses. They have underperformed the other indexes....
Bitcoin has now seen declining prices following the El Salvador Bitcoin law. The flash crash that had cleared at least $400 billion off the crypto total market cap has left lingering effects on the price of the digital asset. The price had plunged from $50,000 to $42,000 in less than an hour, leading to an 18% loss in about 30 minutes. While bitcoin has since recovered from its lows from the crash, the asset has not been able to recover to previous levels before the crash. Though the crash had affected most of the market, mid-cap coins have recovered the most from this. The Mid Caps Index....
Crypto analyst ProjectSyndicate has made a bullish case for the XRP price, which he predicts could record 40% gains soon enough. The analyst also revealed the price level, which he believes is ideal for market participants to buy and hold XRP. XRP Price Eyes 40% Gains As Analyst Reveals Key Level In a TradingView post, ProjectSyndicate predicted that the XRP price could witness a 40% move to the upside soon enough. This came following his analysis of XRP’s 4-hour chart. He noted that the outlook remains bullish despite the current pullback in progress. The analyst added that buying low is....
Bitcoin even goes beyond Tesla's market cap for a short time as bulls suggest the upwards momentum is not done even at $40,000. Bitcoin (BTC) returned to $40,000 on Jan. 8 as another price consolidation period ended characteristically briefly.Cryptocurrency market overview. Source: Coin360Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD quickly rise to recapture the psycholigically significant price level during trading on Friday.After a 9% fall following runs to all-time highs the day before, Bitcoin managed to stay lower only for a matter of hours before bullish....
Bitcoin continues to struggle below the $70,000 threshold, reflecting persistent market pressure after weeks of volatility and weak recovery attempts. Despite occasional rebounds from the $60,000 region, upside momentum remains limited, suggesting that demand has yet to return in a meaningful way. Market sentiment has shifted toward caution, with traders increasingly focused on downside risk […]