Bitcoin is currently experiencing a steady increase, trading above $86,500, and showing signs of correction. After a recovery wave, the price has found support around $87,400, forming a bullish trend line on the hourly chart. While it faced resistance near $88,000 and the recent high of $88,500, a breakthrough could see it rise towards $89,500 ...
Bitcoin is currently trading around $84,100, caught in a tight range amid mixed Market sentiments. After a significant downturn since reaching its all-time high, BTC has rallied over 13% since March 11 but still faces critical resistance at the $87,300 level. Analysts suggest that bulls need to reclaim this level to spark a shift towards ...
Bitcoin’s price has recently touched $85,000, sparking excitement among traders as signs of a potential trend change emerge. Over the weekend, Bitcoin rose by 1.5%, contributing to a positive shift in the broader crypto Market, including major altcoins. Analysts highlight a promising setup in the relative strength index (RSI), indicating the possibility of a bullish ...
Bitcoin is facing short-term volatility while trying to break above a key resistance point at $90,000. Currently trading around $83,239, it’s down 2.2% in the last 24 hours and almost 23% below its all-time high of over $109,000. However, analysts see potential signs for a Market rebound, particularly noting the increasing supply of stablecoins, which ...
Recent analysis indicates that Bitcoin (BTC) is facing price manipulation by large investors, often referred to as “whales,” which is keeping its value capped at around $87,500. Despite a strong support level of $80,000, the cryptocurrency’s growth is hindered by tactics known as “spoofing,” where manipulators influence trading orders. This has led to BTC struggling ...
Bitcoin is currently facing price manipulation, keeping its value capped at $87,500. Recent analysis from Material Indicators reveals that large traders, referred to as “whales,” are using tactics like “spoofing” to suppress prices and maintain stability. While Bitcoin has shown resilience at $80,000 support, it could potentially rise higher if not for these Market maneuvers. ...
Bitcoin is currently facing challenges as it trades below critical support levels, having lost over 19% in value since March began. This significant downturn has raised concerns among investors about a potential further drop. Despite this decline, Bitcoin is still gaining Market dominance, outshining altcoins and being seen as a safer investment during this turbulent ...
Bitcoin is experiencing a decline from the $90,000 mark, falling below $82,500 and possibly continuing to drop past $78,000. The cryptocurrency has dropped below the $82,000 support level and is currently trading under $80,000 along with the 100 hourly simple moving average. A bearish trend line shows resistance around $82,200. Although there was a brief ...
Bitcoin Cash (BCH) saw a significant price jump of over 7% on Wednesday, trading around $342 after testing its crucial support level. Positive on-chain data shows a new high in BCH’s transaction rate, signaling increased trading activity and interest. Additionally, rising open interest in futures suggests more investment is entering the Market, further boosting confidence ...
Bitcoin is approaching a significant price target from last year as it nears previous all-time highs. Trader Rekt Capital pointed out a gap in Bitcoin futures markets that could influence future pricing. Recently, Bitcoin hit a multimonth low near $82,160 but managed to rebound by 5%. Despite this upward movement, concerns linger about Market stability ...
