Why Bitcoin Traders Shouldn’t Rule Out $40,000-Retest
Bitcoin has walked away from pursuing a lengthy downside correction repeatedly this year. The cryptocurrency’s run-up to $58,367 in February attracted a modest selling pressure as the price dipped by 26.30 percent afterward. Similarly, its previous rally above a then-record high of $41,000 followed up with a 30 percent bearish correction. Last week, Bitcoin achieved […]
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Ethereum spent the summer months easily outperforming Bitcoin, but that trend reversed as soon as the fall months hit. The change in tune towards the DeFi trend helped take the second-ranked cryptocurrency down to retest resistance turned support. The bullish retest has since held, and it could take the altcoin back to retest highs on […]
The rule would have prohibited US banks from denying services based on ideological factors.
Bitcoin price retests a major support/resistance zone at $38,000 as technical analysts and traders suggest that “the bottom is in.” The ongoing tensions between Russia and Ukraine continue to be the dominant news story on Feb. 22 as Bitcoin (BTC) and the wider global financial tremble under the pressure as the world awaits some form of resolution to the matter. Data from Cointelegraph Markets Pro and TradingView shows that the price of BTC has traded in a range between $36,360 and $38,330 on Feb. 22 as a swirl of positive and negative developments sent mixed signals to traders who base....
Bitcoin price flashed a few bullish signals on Nov. 29, leading analysts to share their opinions on why BTC should close November above $60,000. The cryptocurrency market saw a boost in sentiment after the price of Bitcoin (BTC) surged above $58,000 in a long-awaited move that rejuvenated traders who have been anxiously waiting for a resumption of the uptrend.BTC/USDT 4-hour chart. Source: TradingViewHere’s a look at what analysts and traders are saying about Nov. 29’s price action and whether or not Bitcoin is likely to reclaim the $60,000 level.A $60,000 retest is “on the....
The U.S. Securities and Exchange Commission (SEC) today issued an order disapproving the proposed rule change to list and trade Coin ETF on the Bats BZX Exchange. This is the first Bitcoin ETF which the SEC has ruled on. Two other Bitcoin ETFs are also being considered by the Commission. The Decision. The SEC has just published an “Order Disapproving a....