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Bitcoin Price Trims Gains: Is the Rally Losing Steam?

[Aug 12, 2024 3:40 AM] Bitcoin price started a downside correction from the $62,700 resistance zone. BTC is now consolidating near $58,500 and struggling to recover. Bitcoin started a decent downward move below the $61,500 and $60,000 levels. The price is trading below…

Bitcoin Set For Critical Price Resistance Encounter – Analyst

[Aug 10, 2024 6:00 PM] The price of Bitcoin has continued to maintain an impressive recovery trajectory following an earlier dip in the week, which saw the asset trade below the $50,000 price mark. The crypto market leader was greatly affected by a widespread decline in…

Bitcoin Price Reclaims $60K: Is The Rally Resuming?

[Aug 9, 2024 2:44 AM] Bitcoin price gained pace for a move above $58,000 and $60,000. BTC is up over 10% and is signaling more upsides in the near term. Bitcoin started a decent increase above the $56,500 and $58,250 levels. The price is trading above $60,000 and the…

Mirroring The Crash: Can Bitcoin Rise As Fast As It Fell?

[Aug 9, 2024 1:00 AM] A crypto analyst has maintained a bullish outlook on Bitcoin (BTC), the world’s largest cryptocurrency, predicting massive rallies in the future. The analyst projects that Bitcoin could rise as fast as it fell, mirroring the speed of its crash as…

Bitcoin Price Gains Strength: 100 SMA Crucial for Sustained Gains

[Aug 7, 2024 2:41 AM] Bitcoin price started a recovery wave above the $55,000 resistance. BTC must clear the 100 hourly SMA to continue higher in the near term. Bitcoin started a recovery wave above the $53,500 and $55,500 levels. The price is trading below $58,000 and…

Bitcoin Crash Over? Veteran Trader Predicts Rebound To $90,000

[Aug 7, 2024 12:30 AM] The Bitcoin crash may be over, as a crypto trader has predicted a significant rebound for the pioneer cryptocurrency, foreseeing Bitcoin soaring to new all-time highs of $90,000. This bullish projection comes amid the recent downtrend in the price…

Bitcoin MVRV Lowest Since FTX Crash, Signal To Buy?

[Aug 6, 2024 9:00 AM] On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio has observed a plunge alongside the latest price crash. Bitcoin 30-Day MVRV Ratio Is Now At Lowest Levels Since FTX Collapse As explained by analyst Ali Martinez in a new…

Bitcoin Price Bounce Back: Could the Recovery Lose Momentum?

[Aug 6, 2024 2:44 AM] Bitcoin price started a recovery wave after it crashed below $50,000. BTC is back above $55,000 and faces many hurdles near the $58,000 zone. Bitcoin started a recovery wave above the $52,500 and $55,000 levels. The price is trading below $58,000…

Crypto Liquidations Cross $1 Billion As Bitcoin Crashes To $51,000

[Aug 6, 2024 1:30 AM] Data shows the cryptocurrency derivatives market has suffered liquidations of more than $1 billion in the past day as Bitcoin has crashed to $52,000. Bitcoin Has Plunged By More Than 15% During The Last 24 Hours Bitcoin investors have been dealt a…