
Bitcoin Price Up: Wild Ride!
Once again we've had a bit of a wild day in the bitcoin price. Having consolidated overnight in response to yesterday's collapse, the bitcoin price found intraday lows at 348.59. From this level, today's action has seen a rise up and through the level we predefined as this morning's resistance, 356.58, and put us in a long trade towards 365.84. In light of this, we wont be initiating any fresh positions until this one closes out - either through the hitting of our stop loss or our predefined target at 368.54. For those not yet in a trade, however, here are the levels to keep an eye on....
Related News
Bitcoin has been on a wild ride throughout the past few days, with bulls sending the cryptocurrency rocketing up to fresh all-time highs yesterday around $19,800 before losing their strength and succumbing to bears. From here, the cryptocurrency’s price saw a vicious decline that sent it all the way down to lows of $18,200. The […]
It has been on a wild ride the past few weeks, with buyers being in full control of its price action as it continues rising on a nearly daily basis Where it trends in the mid-term will undoubtedly depend on whether or not it can continue printing higher lows each week Some analysts do believe […]
Dogecoin’s price has been on a wild ride with a wave of steady declines in recent weeks. This decline has caused the meme coin to lose various support levels amidst a steady increase in selling pressure. Notably, this decline has resulted in a pullback of about 66% from the December 2024 high. Such a 66% […]
Bitcoin has been on a wild ride throughout the past few weeks, and its parabolic growth trend is showing no signs of coming to an end anytime soon Where the market trends in the mid-term should depend largely on Bitcoin and whether it can sustain its upwards trajectory So far, altcoins have not been able […]