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Heavy Sell-Off Pushes Bitcoin to $58.8K, Cautious Buying Fuels Modest Recovery

[Oct 11, 2024 1:45 AM] The price of bitcoin dipped to $58,867 on Thursday, around 2 p.m. Eastern Time, but by 8:50 p.m. it had climbed back above $60,000. The initial drop reflected heavy selling pressure, but the later rebound—though slow—suggests a…

Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses

[Sep 7, 2024 1:30 PM] A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may…

Bitcoin Technical Analysis: BTC Pushes Through Resistance, Bullish Momentum Builds

[Jul 15, 2024 6:14 AM] Bitcoin is currently priced at $62,612, with a 24-hour intraday price range of $59,302 to $63,259. The market capitalization stands at $1.23 trillion, and the 24-hour trade volume is $28.37 billion. Bitcoin The BTC/USD 1-hour chart indicates a…

Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance

[Jul 12, 2024 6:15 AM] Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On the 1-hour…

Bitcoin Technical Analysis: BTC Prices Rebound Following $53,550 Low

[Jul 8, 2024 6:30 AM] Bitcoin’s price stands at $57,206, with an intraday 24-hour range between $54,296 and $58,441. The market capitalization is $1.12 trillion, and the 24-hour trade volume reaches $33.69 billion. Bitcoin Bitcoin’s 1-hour chart shows a…

Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap

[Jul 3, 2024 5:53 AM] Bitcoin’s price on July 3, 2024, stands at $60,177, with a 24-hour intraday range from $59,712 to $62,974. The trading volume over the past 24 hours reached $24.36 billion, and the market capitalization is currently at $1.18 trillion…

Bitcoin Bulls Advance Price, Face Resistance at $64K

[Jul 1, 2024 2:34 PM] The price of bitcoin (BTC) hit an intraday peak of $63,794 on Monday, reflecting a 2% gain against the U.S. dollar in the past 24 hours. Currently, BTC is trading at $63,070 per unit. The day’s upward movement led to $124.64 million in…

Bitcoin Technical Analysis: BTC Bulls Test Upper Resistance

[Jul 1, 2024 5:51 AM] Bitcoin’s price on July 1, 2024, stands at $62,769, with a 24-hour intraday price range of $61,261 to $63,694. The cryptocurrency’s market capitalization is $1.23 trillion, and the 24-hour trade volume is $21.98 billion. Bitcoin…

Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling Pressure

[Jun 21, 2024 5:40 AM] Bitcoin’s price continues its downward trajectory, coasting along at $63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical…