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Following a sharp correction lower after breaking out to fresh highs last week, BTC futures bounced off lows yesterday and have now recovered around 50% of recent losses. The driver behind the move was the drop we saw in the US Dollar in response to ...
The rally in Bitcoin is helping drive a broad bull move across the crypto space currently. Second largest traded coin Ethereum is now back up to its highest levels since March 2022, close to testing the 2022 highs. The coin has put in an impressive ...
The rally in Bitcoin continues to gather pace today with the leading crypto coin now back up to levels not seen since November 2021. BTC futures have now risen more than 40% off the YTD lows as demand soars in the wake of the SEC approving ...
Alongside the sizeable rally we’re seeing in Bitcoin currently, Ethereum is also making its way higher. The second largest-traded crypto coin has broken out this week, now trading back at levels last seen in early 2022, up around 35% from the YTD ...
Bitcoin prices are looking much more constructive this week. Following a period of stagnation last week, the leading crypto coin has been on the march north this week and is now close to retesting the current YTD highs around 49360. Indeed, ...
Bitcoin prices surged higher once again yesterday with BTC futures rallying almost 10% off the week’s lows yesterday. The move came amidst news that the SEC has deferred ruling on the Hashdex Bitcoin ETF until 2024, having made a similar ruling on ...
Bitcoin is trading at fresh year to date highs today as excitement builds around potential SEC approval of BTC ETF applications. Today marks the start of the first 8-day approval window ate the SEC for approving ETF applications ahead of the current ...
Bitcoin price are pulling back from recent YTD highs as we approach the weekend. After topping out ahead of the 37030 level, BTC prices have since shed around 6%. The move comes despite recent weakness in USD and can be attributed to profit taking ...
Bitcoin remains at the level of 26000 for now. The asset might potentially test the supporting area formed around the level of 25000, rebound, and target the psychological support at the level of 30000. So, let’s observe what might happen next. ...
Bitcoin did not manage to enter the supporting zone. It jumped instead, trying to form a long white candle at the end of the trading day and shape the engulfing. It’s noteworthy that the asset’s price might potentially drop again. Should Bitcoin ...
Bitcoin has dropped. The asset’s price is now approaching a very important supporting zone formed between levels 24800 and 25200. This zone might drive Bitcoin up. So far, the Bitcoin move can be considered a mere correction. In this case, it would ...
We’re seeing plenty of volatility in Bitcoin at the start of the new week. The leading digital asset was seen gapping higher at the open today, hitting its highest levels since the start of the month before reversing under fresh selling pressure. ...
Crypto watchers, ETH traders in particular, are getting excited today over news that a major ETH whale has become active in the market again. According to data from industry site lookonchain, a major ETH investor who was part of the ETH genesis ICO ...
Bitcoin prices have stabilised over early European trading on Tuesday following heavy price falls in recent sessions. The selling comes in response to news that Binance, the largest crypto exchange, was seen temporarily freezing Bitcoin withdrawals ...
Bitcoin prices continue to hold very tightly to 41510 support level (and longer term rising trend line) here as price remains within the large falling wedge pattern which has framed the reversal lower from all time highs. With indicators having ...
The breakdown in the US Dollar this week is allowing for a broad move higher in risk assets. Among those instruments seeing the most benefit is ETH which has rallied almost 20% off the lows. The brief dip below the falling wedge pattern suggests a ...
Type: Bearish Reversal Key Levels: Resistance: 45514.76 Pivot: 43995.2 Support: 40641.22 Preferred Case: Price is abiding to the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from pivot level in ...
It’s been a muted start to the year for Bitcoin traders with the market-leading cryptocurrency languishing around the 45515 level support for now, sitting on the 61.8% retracement from last year’s lows. Following a heavy correction over much of Q4, ...
Type: Bullish Bounce Key Levels: Resistance: 51560.03 Pivot: 46911.28 Support: 44586.91 Preferred Case: Price is currently at the horizontal support level, we can expect price to bounce from there in line with 78.6% Fibonacci projection towards 1st ...
Type: Bullish Bounce Key Levels: Resistance: 53675.03 Pivot: 47385.9 Support: 44903.88 Preferred Case: We can expect price to bounce from pivot level in line with 38.2% Fibonacci retracement towards 1st Resistance in line with 161.8% Fibonacci ...