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“# BTC holds crucial support at $40K! | Watch The Market Report with Gareth Soloway ” Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman on “The Market Report” — which is live right now! Here’s what to expect in this week’s markets news breakdown: Whales have been busy…
“# Is $40K Bitcoin the new $10K? BTC holds $43K support as exchange Bitfinex halts trading ” Bitcoin (BTC) erased overnight gains on Sept. 30 as sudden problems at major exchange Bitfinex caused a mass outage. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitfinex investigates mystery shutdown Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…
“# Traders identify $41K as Bitcoin’s key support to hold for the short-term ” Bitcoin faced another day of bearish pressure on Sept. 29 as the impact of China’s crypto crackdown and uncertainty about the regulatory landscape in the United States continue to weigh heavily on Bitcoin (BTC) and some of the larger-cap altcoins. Data…
“# Price analysis 9/29: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI ” Bitcoin (BTC) and Ether (ETH) are attempting to bounce off their critical support levels as bulls try to thwart attempts by the bears to deepen the correction. Tesla CEO Elon Musk said at the Code Conference in California recently that…
“# Bitcoin yet to prove inflation hedge status, but the time may come soon ” For years, the narrative surrounding Bitcoin (BTC) has been one which has portrayed the digital asset as being a hedge against monetary inflation. This is because inflation figures have been on the rise across the board over the last couple…
“# Bitcoin ‘FOMO rally’ long overdue that could see BTC price top $200K — Bobby Lee ” Bitcoin (BTC) is long overdue “FOMO rally” to new all-time highs which could touch $200,000 or more, says one of its oldest investors. In an interview with Bloomberg on Sept. 29, Bobby Lee, former CEO of exchange BTCC,…
“# BTC price reclaims $42K as infrastructure bill vote, monthly close loom for Bitcoin ” Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a “macro predicament” kept bulls on their toes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC in yet another dip below $41,000 Data from Cointelegraph Markets Pro and TradingView showed…
“# Bears apply the pressure as Bitcoin price revisits the $41K ‘falling knife’ zone ” “Don’t fight the trend” is an old saying in the markets, and there are other variants of the phrase like “never catch a falling knife.” The bottom line is that traders should not try to anticipate trend reversals, or even…
“# Here’s why Bitcoin mining stocks have been outperforming BTC price in 2021 ” Bitcoin (BTC) might have outperformed traditional financial markets regarding investment returns, but the cryptocurrency still fell behind Bitcoin-related companies. The price of BTC climbed by about 290% year-over-year, wherein it surged from $10,695 to a little over $42,000. In comparison, shares…
“# Bitcoin whales move ‘record’ BTC value as metric sounds alarm over price volatility ” Bitcoin (BTC) analysts are eyeing short-term volatility as whales begin unprecedented behavior. Fresh data shows that whales have not only been highly active on the market — they’ve been moving record amounts of BTC. Whale activity beats Bitcoin all-time highs…