However, as US equity index futures hand back some gains in pre-market trade, crypto markets have also come under some modest pressure. Total market cap has now more or less already given up all of Tuesday’s gains and is back to trading just above $1.27 trillion. The more time markets...
BTC moved away from Monday’s lows to surge above $30,000 on Tuesday, as crypto bulls pushed prices higher. ETH continues to trade above $2,000, with prices rising by as much as 4% during today’s trading session. Bitcoin Following a stint below $30,000 to start the week, BTC was trading above...
Following yesterday’s drop to $29,000, bitcoin reacted well and reclaimed the coveted $30,000 line. Most altcoins are sitting calm with minor gains, while Litecoin and CRO have emerged as today’s top gainers from the larger caps. Bitcoin Stands Above $30K Last week’s rollercoaster, which led to BTC creating history with...
Over the last ten days, the $30K demand zone, which was expected to be a strong support level for reversing any downtrend price movement, was broken to the downside. Now, it acts as a magnetic resistance level in the market. Technical Analysis By Shayan The Daily Chart Bitcoin is now...
Bitcoin jumped to above $31,000 but was quickly stopped in its tracks and is now back below the $30,000 line. Most altcoins are also relatively calm on a daily scale, with Cardano being among the few exceptions after a near 6% increase. Bitcoin Failed at $31K Last week turned out...
Bitcoin dived towards the $25,000 support zone against the US Dollar. BTC is now recovering and might eye an upside break above the key $30,000 resistance zone. Bitcoin found support above $25,000 and started an upside correction. The price is still trading below $30,000 and the 100 hourly simple moving...
Bitcoin has been on a free fall for the last few days, concluding six consecutive red weeks. The price had recently broken below the $37K level, which had provided solid support for the past months on multiple occasions. This price collapse was initiated after BTC got rejected when trying to...
The past 24 hours brought more pain to the cryptocurrency market, with bitcoin barely managing to remain above $30,000. Most altcoins are in much worse shape, but none has lost more value than Terra in the past few days. Bitcoin Struggles at $30K It’s safe to say that the primary...
petesphotography/iStock Unreleased via Getty Images Bitcoin (BTC-USD), the world’s first-ever cryptocurrency, is plunging towards $30K in Monday afternoon trading as speculators increasingly embrace the sell trigger across risk assets. Looking at its intraday price action, bitcoin (BTC-USD -10.8%) is extending losses from Monday morning, changing hands at $30.8K as of...
After consolidating above the $37K decisive level for a few weeks, Bitcoin was eventually rejected after another attempt at $40K and plunged below the key support following tremendous bearish momentum. BTC futures market has seen a massive long liquidation due to the recent bearish leg. Technical Analysis Technical Analysis By...
