Bitcoin’s Bullish Uptrend Climbs to New Levels
The price of bitcoin finally crossed the $1,000 USD range reaching a three-year all time high. At press time the current price per BTC is $1,130, and the past 24 hours of trading has been volatile. Since the 4-digit price break the digital asset has dipped slightly below $1,000 twice so far, but technical indicators suggest bitcoin’s ascending channel....
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The past two weeks has seen Bitcoin’s price value soaring to new levels since Bitcoin.com’s last price trend analysis. The fiat value per BTC came very close to this past June’s high but fell short at $778 on December 2. Since then, the cryptocurrency’s price has dipped roughly 2.3% to a low of $748 at press time. However, charts still look as though the....
However, some crucial Bitcoin price levels must be broken before the bullish party can start. Bitcoin (BTC) and the cryptocurrency market had a shakeout this week as the fake news surrounding Litecoin (LTC) caused a spike in volatility. However, the structure of the market didn’t change. In fact, Bitcoin’s price might be bottoming out as a golden cross is starting to form.Next to that, the exchange reserves are hitting record lows, which is a massive signal of strength, suggesting that most investors are taking their Bitcoin from exchanges, reducing the overall supply that can be sold on....
Bitcoin is capturing global attention as its price surges toward the monumental $100,000 mark, a level that holds psychological and technical significance in the cryptocurrency market. This move is backed by strong market support and rising optimism among institutional and retail investors. The current uptrend showcases Bitcoin’s resilience as key support levels have successfully absorbed selling pressure, paving the way for sustained bullish momentum. Analysts suggest that the ongoing rally could redefine market dynamics, potentially attracting a new wave of capital and solidifying....
During the ongoing market uptrend, Bitcoin continues to lead the bullish wave as the leading crypto asset records significant gains, pushing it to price levels above $95,000. While BTC’s price may have seen notable positive movements above $95,000, this key level now stands between an impending decline. A Pullback Incoming For Bitcoin? As Bitcoin charges […]