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“# Bitcoin futures open interest at 3-month highs — But will it be enough to overcome $50K? ” Bitcoin (BTC) futures open interest has recovered to May levels, raising optimism about a potent bullish breakout move above $50,000. The total number of outstanding futures contracts on the Deribit exchange reached $1.37 billion on Monday, its…
“# Traders split on BTC price outlook after Bitcoin dips below $47K ” Bitcoin (BTC) gave traders a serious sense of deja vu on Aug. 26 after a fresh attack on $50,000 ended in a firm rejection. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin optimism wavers Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…
“# Price analysis 8/25: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH ” Bitcoin (BTC) remains on a strong footing after bears failed to capitalize on the rejection near the psychological mark at $50,000. The recent price rise in Bitcoin has not enticed longer-term investors to part with their holdings and Glassnode data…
“# Traders pile into altcoins after Bitcoin price bounces at a key support ” The wider crypto market has a wait-and-see feel to it on Aug. 25 as the price of Bitcoin (BTC) dipped to $47,360 before rebounding off the lower support of the ascending channel to reclaim the $48,000 level. Despite the swift turnaround,…
“# Bitcoin erases BTC price dip but $48.2K is now key to avoid bull trap ” Bitcoin (BTC) quickly regained lost ground on Aug. 25 after a brief dip towards $47,000 failed to keep bulls down. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Rebound or bull trap? Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD…
“# Bollinger Bands creator warns Bitcoin bulls as BTC price struggles below $50K ” Bitcoin (BTC) prices have recovered by more than 60% to $47,486 after bottoming out below $30,000 on July 20, triggering anticipations of an extended bull market toward $100,000. But to John Bollinger, a celebrated contributor to the field of financial analysis, investors…
“# Bitcoin loses $48K as analysts eye next zones for a potential BTC price bounce ” Bitcoin (BTC) headed down to test new support on Wednesday after a breakdown of bullish trajectory sparked predictions of $44,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Old resistance provides a backdrop for BTC price rethink Data from Cointelegraph…
“# Here’s why Bitcoin bulls might trample $50K ahead of Friday’s $2B BTC options expiry ” $2 billion worth of Bitcoin (BTC) options will expire on Friday, Aug. 27. Some analysts argue that a strong call (buy) option buying activity on Aug. 22 was likely the catalyst for the recent $50,000 price test. Digital asset…
“# Bitcoin rejects $51K after Michael Saylor reveals new BTC purchase — What’s next? ” Bitcoin (BTC) is currently facing a crucial resistance to break through after a massive rally of 70% since the recent low in July at $28,000. This resistance is found in the psychological area between $50,000 and $51,000 and can be…
“# Bitcoin returns to classic resistance, but belief in a fresh BTC price pullback is fading ” Bitcoin (BTC) stayed tantalizingly close to $50,000 on Tuesday as bulls contended with a classic resistance level. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Too late for “dirt cheap” Bitcoin? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…