Tag Archives: btcusd

Polkadot (DOT) Seen Reversing Losses With 116% Rally To $10 – Analyst

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Polkadot token DOT has indeed been hot on the cryptocurrency market throughout the week, appreciating over 21%. Despite the gains bringing further enthusiasm among the investors, the token pressed on higher and continues to trade at $4.65 with a market capitalization of more than $6.6 billion. Now ranking 17th in the largest cryptocurrencies, investors and… Continue reading Polkadot (DOT) Seen Reversing Losses With 116% Rally To $10 – Analyst→

Bitcoin Investors Again Show Extreme Fear As BTC Slips To $59,000

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Data shows the Bitcoin market sentiment has taken to extreme fear again as the asset’s price has seen a retrace to the $59,000 mark. Bitcoin Fear & Greed Index Suggests Market Now Extremely Fearful The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment that’s currently present… Continue reading Bitcoin Investors Again Show Extreme Fear As BTC Slips To $59,000→

Legendary Fibonacci Extension Reveals When Bitcoin Will Reach $109,000

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Crypto analyst CryptoCon has highlighted a technical indicator that has always accurately predicted each local high for Bitcoin in this bull run. Once again, this indicator has revealed the next local high for Bitcoin and when it will happen.  When Bitcoin Will Reach A Local High Of $109,000 CryptoCon predicted in an X (formerly Twitter)… Continue reading Legendary Fibonacci Extension Reveals When Bitcoin Will Reach $109,000→

Bitcoin Price Trims Gains: Is the Rally Losing Steam?

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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 $60,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend… Continue reading Bitcoin Price Trims Gains: Is the Rally Losing Steam?→

Bitcoin Exchange Outflows Soar To Yearly High – Could This Fuel A Return To $70,000?

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The recent slide in price of Bitcoin below the $60,000 threshold, followed by a subsequent drop below $50,000, might finally be showing signs of reversal, as suggested by the latest buying trends. These trends indicate a strong accumulation phase among large-scale investors, commonly known as whales, who have been capitalizing on the price dip to… Continue reading Bitcoin Exchange Outflows Soar To Yearly High – Could This Fuel A Return To $70,000?→

Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000

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Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash. Cowen noted in a rise to $62,000 brought about the Death Cross, which now threatens lower prices for… Continue reading Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000→

Bitcoin Set For Critical Price Resistance Encounter – Analyst

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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 the global financial markets, losing over 16% of its market value, due to fears… Continue reading Bitcoin Set For Critical Price Resistance Encounter – Analyst→

Grayscale Forecasts Bitcoin To Retest All-Time Highs By 2024 End If US Avoids Recession

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The Bitcoin market experienced a major downturn earlier this week attributed to concerns regarding the US economic outlook and increased volatility in the broader financial markets. Notably, Ethereum’s performance lagged, potentially influenced by heightened futures market activity and selling pressure from select large holders. Despite these challenges, asset manager and exchange-traded fund (ETF) issuer Grayscale… Continue reading Grayscale Forecasts Bitcoin To Retest All-Time Highs By 2024 End If US Avoids Recession→

Bitcoin Makes Sharp Recovery, But Watch Out For Resistance At $64,000

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On-chain data shows that the Bitcoin short-term holder whales have a cost base above $64,000, which could be a potential resistance point for BTC. Bitcoin Is Not Far From Realized Price Of Short-Term Holder Whales After Rally As pointed out by an analyst in a CryptoQuant Quicktake Realized Price” here refers to an indicator that… Continue reading Bitcoin Makes Sharp Recovery, But Watch Out For Resistance At $64,000→

XRP Has Surpassed Bitcoin, Ethereum, And Solana Combined In This Metric

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The long-standing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has finally made significant progress in court, and the case may be nearing its end, with a surge for XRP. As expected, this development revitalized interest in XRP, Ripple’s native cryptocurrency, which in turn led to a noticeable surge in XRP’s… Continue reading XRP Has Surpassed Bitcoin, Ethereum, And Solana Combined In This Metric→