Multiple short-term time frames are showing weakness, suggesting that BTC might be approaching a top. BTC has been increasing since July 20 after it reached a local low of $29,278. …
MoreTag: Bitcoin (BTC) Price
Bitcoin (BTC) ‘golden cross’ due in days as bears draw a line at $47K BTC price
Bitcoin returned to $46,000 after a brief consolidation on Tuesday amid continued surprise at the strength of BTC’s price comeback. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering around the $46,000 mark …
More
Crypto price prediction. Why Bitcoin (BTC) could hit $700,000 in just 10 years
Bitcoin and cryptocurrencies, despite some recent volatility, have soared over the last year—with the bitcoin price up around 250%. The bitcoin price topped $60,000 earlier this year before crashing, losing around …
More
Bitcoin reclaims $32,000 after substantial pump
BTC is following a shorter-term descending resistance line. If it can break out above this line, it could be the catalyst for a sharp upward move. BTC increased significantly on …
More
Bitcoin (BTC) to crash below $30K; On-chain data suggests accumulation is brewing
Despite Bitcoin crashing below $30,000 for the first time in one month, on-chain metrics suggest whales may be steadily accumulating BTC. According to Glassnode’s July 19 “The Week On-Chain” report, the …
More
Bitcoin to regain footing after refusing to break down
Bitcoin (BTC) created a bearish engulfing candlestick on July 5 but did not break down the following day. It’s trading inside a longer-term range and a shorter-term symmetrical triangle. BTC created …
More
Ethereum spikes 25% in 3 days, Bitcoin calms around $35K
After the enhanced volatility in the past few days in which BTC displayed several multi-thousand dollar moves, the cryptocurrency has calmed around $35,000. Some altcoins have charted more significant gains, …
More
Elon Musk explains that Tesla did not sell a single bitcoin: BTC spikes $2,500
After several controversial Twitter comments on bitcoin and Tesla, the electric vehicle giant’s CEO clarified that the firm still holds all of its coins. As a result, the price of …
More
Bitcoin (BTC) To Hit $71,000 in South Korea as “Kimchi Premium” Goes Through the Roof
Bitcoin, the largest cryptocurrency, reached a new all-time high of 79,422,000 won ($71,000) at 5:55 a.m. UTC on the Upbit exchange in South Korea. The so-called “kimchi premium,” an indicator …
More
Bitcoin Approaches $60,000 — Will It Break Out?
The bitcoin (BTC) price has been increasing since bouncing on March 25. It’s currently reapproaching the $60,000 level. While bitcoin is expected to reach a new all-time high, a short-term …
More