Bitcoin price needs to hold $9,270 to avoid dropping to the $8,000 range again. This week Bitcoin (BTC) price has struggled to overcome resistance at $9,600 and at the time of writing the top-ranked cryptocurrency on CoinMarketCap is finding support near $9,400. Crypto market daily performance. Source: Coin360 Technical analysis shows there is a strong […]
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After strong rallies VeChain and Zilliqa are expected to move higher after key resistance levels are cleared. As the price of Bitcoin (BTC) has been consolidating in a range, altcoins have been moving left and right. A few have managed massive triple digit rallies and others like Zilliqa (ZIL) have rallied 1,400% since March 12. […]
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The price of Bitcoin is now at a pivotal point after a 45-day range period, as crypto traders see both strong bearish and bullish scenarios. The price of Bitcoin (BTC) has remained stagnant in the $9,300–$9,500 range for seven days with low volatility. Traders expect the top cryptocurrency to see a huge price movement in […]
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Bitcoin price is pinned below $10K but on-chain data and market correlations show investors remain bullish. Since recovering from this week’s drop to $8,900, Bitcoin (BTC) price has struggled to gain above $9,600 and this level needs to flip from resistance to support before further upside can occur. The largest digital-asset on CoinMarketCap has been […]
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Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC. Stephen Roach, a faculty member at Yale University and former chairman of Morgan Stanley Asia, believes that the supremacy of the U.S. dollar is likely to be challenged and the greenback could decline by as […]
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As protests against police brutality continue in the U.S., privacy advocates warn of the risks posed by centralized social media platforms. The protests in the United States against police brutality and systemic racism sparked by the murder of George Floyd by former Minneapolis police officer Derek Chauvin on May 25 are showing no signs of […]
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A strong correlation with stock market movements still leaves room for Bitcoin to test five figures, says trader Michaël van de Poppe. Bitcoin (BTC) was testing $9,500 on June 16 after a recovery from near three-week lows stalled at classic resistance levels. Cryptocurrency market daily overview. Source: Coin360 BTC price focuses on $9,500 Data from […]
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Open interest on Bitcoin options contracts expiring next Friday amounts to $930 million, but what price action should be expected? Much attention has been paid to the Bitcoin options and futures market and each week crypto media reports on new record open interest figures being achieved. As the date of another futures and options expiry […]
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Recent surges in open interest on Bitcoin and Ethereum options contracts suggests institutional players are continuing to build positions in the top two cryptocurrencies. Bitcoin (BTC) futures daily trading volume plunged sharply from about $20 billion on June 11 to about $5 billion on June 13. This is a negative sign because the volume increased […]
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Traders say the price of Bitcoin may drop to the $7,000s after the weekly candle closes below $9,400. A new weekly Bitcoin (BTC) candle opened at $9,327 on June 15, under a crucial resistance level at $9,400. Traders say the price of Bitcoin could fall to the $7,000s in the near term. Critical support levels […]
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