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“# Bitcoin price surge to $49K prompts several altcoins to hit new all-time highs ” On Sunday bulls made their intentions clear by briefly pushing Bitcoin (BTC) price above the $49,000 level, a move that prompted many traders on crypto Twitter to call for the top-ranked digital asset to knock down the psychological resistance at…
“# 3 factors that can send Ethereum price to 100% gains in Q4 ” Ethereum’s native token Ether (ETH) has the potential to double its market valuation in the coming months, thanks to a confluence of supportive technical and fundamental indicators. Ether price soared by more than 9% Friday to hit nearly $3,300 for the…
“# Bitcoin history repeating? 3 indicators suggest October will reignite the BTC bull market ” Bitcoin (BTC) failed to break the so-called September curse as its price fell by a little over 7% into the month, despite a strong rebound rally right ahead of its close. Nonetheless, Bitcoin looks to be making a comeback in…
“# Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high ” Bitcoin (BTC) looks to reclaim $45,000 on Oct. 1 as the U.S dollar retreated lower after hitting its one-year high. Bitcoin’s tight inverse correlation with the greenback over the past month suggests that a weakening dollar could push BTC…
“# 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…
“# 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…
“# Traders say Bitcoin’s bullish bias will only be confirmed by a close above $44K ” The fallout from China’s ongoing crackdown on the crypto sector has led to uncertainty finding its way back into the market again. At the time of writing, Bitcoin (BTC) traders continue to encounter pushback at the $43,000 level and…
“# Bearish Bitcoin fractal with 78% success rate flashes as BTC drops below $43.5K ” Last week’s drop in Bitcoin (BTC) that saw BTC price falling from $47,358 to $43,178 has sparked fears of an extended selloff. Independent market analyst Nunya Bizniz highlighted a bearish fractal on Bitcoin’s weekly charts concerning its 21-week exponential moving average (EMA). In…
“# Ethereum drops more than Bitcoin as China escalates crypto ban, ETH/BTC at 3-week low ” The price of Ethereum’s native token Ether (ETH) crept lower Friday after China extended its crackdown on cryptocurrencies by deeming their transactions as “illegal.” “Financial institutions and non-bank payment institutions cannot offer services to activities and operations related to…
“# Bears aim to pin Bitcoin price below $46K leading into Friday’s $3B BTC options expiry ” This week’s combination of bearish factors was enough to bring Bitcoin’s (BTC) price down to its lowest levels in 46 days, and this nearly obliterated 86% of the $2 billion September call (buy) options that expire on Sept….