Bitcoin bounces again after briefly losing $40K support — Watch these BTC pri...
The Chinese property developer will soon be a "non-event," one analyst says, with markets already shrugging off the story. Bitcoin (BTC) bounced from a second $40,000 retest on Sept. 22 as China calmed global market fears over Evergrande.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewChina keeps up Evergrande cash injectionsData from Cointelegraph Markets Pro and TradingView saw BTC/USD trading above $42,000 Wednesday, with bulls still defending the psychologically significant $40,000 mark.The mood remained buoyant among traders but macro still provided mixed messages, concerns....
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The war among meme coins for dominance has been rising with more and more contenders popping up over the years. While Dogecoin and Shiba Inu have maintained their positions as the largest meme coins in the game, the possibility of losing these positions is still very real. Just like Shiba Inu was able to briefly […]
After a remarkable start to ‘Uptober,’ Bitcoin (BTC) has recently seen significant volatility, retesting multiple crucial levels. As the price bounces from the $110,000 mark, some analysts have suggested that BTC’s rally won’t restart until a key area is reclaimed. Related Reading: Chinese Investment Bank Eyes $600 Million Raise For BNB Treasury Company Bitcoin Needs Key Reclaim For New Highs Over the past week, Bitcoin’s price has fluctuated between its range’s lower and upper boundaries, hitting both a new all-time high (ATH) of $126,000 and a three-month low of $102,000. Notably, the....
Bitcoin is once again testing critical support levels after briefly losing the $100,000 mark on Tuesday, raising questions about whether the market is entering the late stages of the current cycle. Despite short-term weakness, Bitcoin continues to appear overheated, while Ethereum seems to be sending a different, more resilient signal. Related Reading: Hot Money Floods […]
SOL’s price shows strength as it bounces from a downtrend range after losing its key Support to a region of $28. SOL faces a major issue to hold above Support and trend higher above $34 after the price broke out of its downtrend descending triangle price movement. SOL’s price remains strong on the daily timeframe below the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price of Solana (SOL) bounced from its low at around $27.5 after losing its key Support and reclaiming this important region as the price of Solana (SOL) eyes more rallies if the....
The price of Bitcoin still has a lot room to drop below $30,000 before the bull market is in trouble. Bitcoin (BTC) has seen a massive surge in the past two months, in particular, as institutions jumped into the new asset class. The latest is Blackrock, announcing interest in trading in Bitcoin futures while Grayscale continues to scoop up BTC at an accelerating pace. Total amount of BTC held by Grayscale Bitcoin Trust. Source: CryptoQuantHowever, after a massive surge, the asset’s price has to come down for some tests of support as investors take profit. This is the beautiful cyclical....