The Bitcoin Price Just Ripped Past $35,000 After Consolidation
Bitcoin just set a new all-time high just minutes ago, exploding from $34,000 to $35,800. The cryptocurrency has since retraced slightly to $35,300 as the breakout has slowed to some extent. BTC’s rally appears to be a byproduct of news that the democrats are expected to win the Georgia Senate elections, which will determine the […]
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After bottoming at $10,200 earlier this month, the cryptocurrency has ripped higher. Bitcoin now trades just shy of $12,000. Bitcoin will need to close above $11,828 on a weekly time frame if it is to confirm its macro bullish trend Bitcoin Crosses Pivotal Macro Level Bitcoin has pushed strongly higher over the past two weeks. After bottoming at $10,200 earlier this month, the cryptocurrency has ripped higher, as it now trades just shy of $12,000. […]
Bitcoin price is stuck in a symmetrical triangle consolidation pattern for now and its breakout could set the tone for long-term action. Bitcoin Price Key Highlights. Bitcoin price consolidation has been getting tighter in the past few days as traders remain wary of ongoing industry changes. On the 1-hour time frame, a symmetrical triangle can be seen with price approaching the peak of the formation. A break past the triangle resistance around $930 could spur a longer-term climb while a move below support at $920 could trigger a selloff. Technical Indicators Signals. The 100 SMA is below....
Bitcoin price has spent another day in the vicinity of its consolidation pivot level of $640 (Bitstamp). Consolidation leads to break-out, but traders are advised to mind the possibility of a fake-out. The horizontal magenta line shows the $640 (Bitstamp) level around which price has been oscillating for the past two weeks. Any move below is quickly bought back up to $640 and any advance above, eventually returned to this level. Even the downward spike, a few blocks before the halving event, had targeted $640 – overshot and snapped back to it. At the time of writing, price is just $640,....
Bitcoin is forming its first big breakdown in a number of days after consolidation in the $19,000 region. The coin currently trades for $18,300, down 3.5%-4% in the past 24 hours as the market finally posts a notable red day. Ethereum is down 6.5% in the past 24 hours while other altcoins have dropped by […]
XRP is still in consolidation mode after hitting a new seven-year high in January 2025. This consolidation has seen the price drop slowly, but steadily, losing around 40% of its value since then. Currently, bulls seem to have created support for the altcoin at $2, as this level continues to hold even through crashes. Thus, it has created the expectation that the bottom could be close for the XRP price, and this could serve as a bounce-off point. XRP Price Consolidation Could Be Over Soon Taking to X (formerly Twitter), crypto analyst Dark Defender revealed that the consolidation that the....