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Bitcoin consolidates below $30,000, with the BTC price weekly close of interest to market analysts. Bitcoin (BTC) tapped $30,000 into the Oct. 20 Wall Street open as analysts directed attention to the weekly close. BTC/USD 1-hour chart. Source: TradingView BTC price sets up weekly close showdown Data from Cointelegraph Markets Pro and TradingView captured new…
Bitcoin is holding above $26,500 and the price stability could lead traders to take a second look at SOL, LDO, ICP and VET. The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than…
Bitcoin might have difficulty breaking through a key resistance zone of its own accord, end-of-week analysis predicts. Bitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar. BTC/USD 1-hour chart. Source: TradingView Trader: Bitcoin behavior at resistance “not the best” Data from Cointelegraph Markets Pro…
Bitcoin bulls struggle to top their highs from the start of the week, while BTC price forecasts diverge over what could be next. Bitcoin (BTC) rejected at $28,000 after the Oct. 5 Wall Street open as a return toward six-week highs failed. BTC/USD 1-hour chart. Source: TradingView Bitcoin sees swift comedown after new $28,000 retest…
BTC price strength returns ahead of Wall Street trading, with $27,000 in Bitcoin bulls’ crosshairs. Bitcoin (BTC) broke higher into the Sep. 27 Wall Street open as one analyst predicted a return to $30,000 in October. BTC/USD 1-hour chart. Source: TradingView BTC price reaches for $27,000 in fresh uptick Data from Cointelegraph Markets Pro and…
BTC price performance may be weathering a storm not seen since COVID-19 sparked a 60% drawdown three-and-a-half years ago. Bitcoin (BTC) is recovering from a “black swan” event last rivaled by the March 2020 COVID-19 crash, data suggests. In one of its Quicktake posts on Sep. 7, on-chain analytics platform CryptoQuant revealed a major spike…
BTC price action reflects a tug-of-war between weak bulls and bears, but Bitcoin breaking down is firmly on the cards. Bitcoin’s (BTC) bullish momentum is “fading” as liquidity shifts preempt a volatile move, a new analysis warns. In an X post on Sep. 6, Keith Alan, co-founder of monitoring resource Material Indicators, flagged fresh shifts…
While history shows September isn’t usually great for Bitcoin, analysts urged investors to look to mid-October. Bitcoin investors may be in for a rollercoaster ride. While history shows September is typically a bumpy month for Bitcoin — two ETF analysts have suggested investors turn their gaze to mid-October as the next “major days to watch.”…
This week’s episode of Market Talks discusses the future of BTC mining and how miners can maximize profits, as well as the upcoming Bitcoin halving and its impact on the mining industry. On the latest episode of Cointelegraph’s Market Talks, host Ray Salmond spoke with Dan Rosen, associate director of derivatives at Luxor, a United…
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