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“# Bitcoin price dips below $38K, with bullish traders eyeing a new higher low next ” Bitcoin (BTC) briefly fell below $38,000 on Tuesday as signs of a retracement from range highs continued to flow in. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Caution before BTC’s price swings lower Data from Cointelegraph Markets Pro and…
“# China’s attempt to kill Bitcoin failed — Here are 3 reasons why ” Bitcoin (BTC) might have suffered its largest coordinated attack over the last couple of months, but in this instance, the investor community did not capitulate. China outright banning mining in most regions after giving BTC miners a two-week notice and this caused the…
“# Price analysis 8/2: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK ” Bitcoin (BTC) dropped back below $39,000 on Aug. 2, suggesting that short-term traders were booking profits after the price failed to close above $42,451.67. However, lower levels could again attract buying as seen in late July. Data from Santiment showed…
“# Bitcoin technicals: How low will BTC price go after failing at $42K resistance? ” Bitcoin (BTC) has seen an impressive rally of 44% with ten green days in a row. This rally and the substantial number of green days resulted in a sentiment shift. Practically two weeks ago, the market was comparable to a…
“# BTC price sees 6% correction in contrast to booming Bitcoin on-chain data ” Bitcoin (BTC) dipped below $39,000 on Aug. 2 in what traders had long predicted would be a necessary reaction to recent gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin needs to hold mid-$30,000 zone Data from Cointelegraph Markets Pro and…
“# 3 reasons why Ethereum can hit $3K in the short term despite overvaluation risks ” Ethereum’s native asset Ether (ETH) dropped after reclaiming its two-month high in the previous session, suggesting that its recent bullish rally was nearing exhaustion. In detail, the ETH/USD pair topped out at $2,699 on Sunday for the first time…
“# Betting on tax bill FUD: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is at a crossroads as it starts a new week — hovering around $40,000 but with serious headwinds keeping it from bouncing higher. After an impressive weekend that saw highs above $42,500, a comedown saw BTC/USD lose the…
“# Top 5 cryptocurrencies to watch this week: BTC, UNI, LINK, SOL, XMR ” Bitcoin’s (BTC) 43% rally from $29,482.61 on July 21 to $42,316.71 on July 30 has invigorated the bulls who had been sitting on the sideli. After the sharp rise, some analysts are debating whether Bitcoin could repeat its sharp bull run…
“# Bitcoin sellers in ‘disbelief’ or BTC price wouldn’t still be at $41K — Analyst ” Bitcoin (BTC) closed July above $41,000 in a “bullish engulfing” candle that dramatically upends its previous downtrend. In a tweet on Aug. 1, investor and entrepreneur Alistair Milne joined many celebrating a classic return to form for BTC price…
“# 3 reasons why Ethereum price might not hit $5,000 anytime soon ” Ether (ETH) price has been in a downward spiral ever since the Ethereum co-founder Vitalik Buterin presented at the StartmeupHK Festival 2021. In a fireside chat session on May 27, Vitalik stated that several internal team conflicts caused the Proof-of-Stake migration to…