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Bitcoin Price Rebounds, But Key Hurdles Could Stall Progress

[Sep 3 2:33 AM] Bitcoin price started a recovery wave from the $57,200 zone. BTC is rising, but it might struggle to surpass the $60,200 and $61,150 resistance levels. Bitcoin is attempting a recovery wave above the $58,000 support zone. The price is trading above…

Why Is Bitcoin Price Down Today? Key Reasons Explained

[Sep 2 9:30 AM] While Bitcoin was trading at $59,076 yesterday, it dropped to as low as $57,127 during the early Asian trading session today. BTC closed the week at $57,565, once again losing important ground needed to create a bullish reversal. The trajectory is…

Bitcoin Price Drifts Lower: Will the Grind Continue?

[Sep 2 3:05 AM] Bitcoin price extended losses below the $58,500 support zone. BTC is struggling and could continue to move down toward the $55,000 support zone. Bitcoin is gaining pace below the $60,000 support zone. The price is trading below $59,000 and the 100…

Bitcoin Hash Price Hits New Low — Is It Time To Buy?

[Aug 31 2:30 PM] The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August. As of this writing, the premier cryptocurrency is valued at $59,131, with no significant price change in the…

Bitcoin Price Retains Support: Is a Bounce Back on the Horizon?

[Aug 30 2:40 AM] Bitcoin price remained stable above the $58,500 support zone. BTC is struggling and could only start a steady increase if it clears $61,500. Bitcoin is struggling to rise above the $60,200 and $61,500 resistance levels. The price is trading below…

Bitcoin Forecast: Expert Reveals 4 Reasons To Be Bullish On Q4

[Aug 29 3:30 PM] In his latest market analysis titled “Sugar High”, BitMEX founder Arthur Hayes lists four reasons to be bullish on Bitcoin and the broader crypto market in the final quarter of 2024. Hayes opens his analysis with a metaphorical comparison of his…

Bitcoin Price Holds in Range: Can Bulls Launch a Recovery?

[Aug 29 2:48 AM] Bitcoin price started a consolidation phase near the $58,500 level. BTC must clear the $60,500 resistance to start a recovery wave in the near term. Bitcoin tested the $58,000 zone before there was a minor recovery. The price is trading below…

Bitcoin Price Drops Under $60K Again: Can It Stage a Recovery?

[Aug 28 3:29 AM] Bitcoin price started a fresh decline and traded below $60,000. BTC is struggling and might continue to move down toward the $56,500 support. Bitcoin gained bearish momentum below the $62,000 support level. The price is trading below $62,000 and…

Bitcoin Analyst: 4 Crucial Support Levels To Watch If BTC Falls

[Aug 27 11:30 PM] Bitcoin is trending lower when writing, cooling off after the encouraging leg up on August 23. Although the uptrend remains, and the coin is not far away from $63,000, there is no discounting the possibility of sellers pressing on. The alignment…