Bitcoin dips to $22.6K, risking further losses if it fails to hold above 200-...
BTC price slides back below its 200-week moving average as analysts stress the importance of staying above $22,800 for bullish momentum to continue. The mood across the cryptocurrency ecosystem is noticeably brighter on July 22 after a week of gains helped traders put the events of the past two months behind them and look toward a positive future. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has been oscillating around support at $23,000 over the past couple of days and continues to hold slightly above its 200-week moving average (MA), which has....
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Bitcoin advanced Tuesday after falling 8.5 percent in the previous session, displaying bullish continuation signs amid global re-risking sentiment.
Quick Facts: ➡️ Dogecoin must hold the $0.09370 support level to maintain its bullish structure and target $0.20 by 2026. ➡️ A breakdown below $0.088 would invalidate the current reversal thesis, risking a drop to $0.060. ➡️ Market liquidity is rotating toward thematic projects like Maxi Doge, which integrates trading competitions and leverage culture for […]
The XRP price traded at around $1.30 on Monday as markets consolidated and Bitcoin (BTC) fought to hold above $67,000, but the calm belies meaningful downside risk if BTC revisits its key support at $60,000, according to market analyst Sam Daodu. Key Levels For XRP Price In his latest report, Daodu warns that XRP’s price action tends to amplify Bitcoin moves. He noted that this year the XRP price has behaved with roughly a 1.8-to-1 correlation to BTC’s declines. That means XRP is vulnerable to a steep retracement if BTC loses ground. Related Reading: XRP Nears Key Turning Point As....
Bitcoin has remained sideways for the last couple of months, tossing between the $88K and $75K levels. It hasn’t made any significant moves to either side. New data from Glassnode shows that short-term Bitcoin holders are sitting on significant unrealized losses. On the other hand, however, long-term $BTC holders are still in profit. Keep reading to find out how Bitcoin can move in the weeks to come. We’ll also suggest some of the best altcoins you can buy to benefit from a potential $BTC rally. Is $BTC Bearish Now? It’s still too early to say that BTC has gone into bearish....
Bitcoin has seen a remarkable recovery trend that has caused its price to surge past $22,000 once more. This is a welcome development for the digital asset, which has been suffering from many dips, but it is not all rosy for the cryptocurrency. Since the market continues to remain in a bearish trend, there are levels that bitcoin must maintain above to keep such high prices. Otherwise, it risks falling more than 85% from its all-time high. Bitcoin Must Hold Above $17,000 Many prominent figures in the finance industry have shared their thoughts about where they see the price of bitcoin....