Bitcoin Investors Are Back In The Market—Why A Momentum-Driven Rally May Be Near
Over the past week, the price of Bitcoin managed to put in one of its better performances in the last one month. After ending August and starting September below the psychological $110,000 level, the premier cryptocurrency returned to above $115,000. While the Bitcoin price has somewhat slowed down heading into the weekend, optimism is growing […]
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XRP has surged past the $1.62 level, placing it less than 5% away from the crucial $2 mark. This impressive rally has seen the price gain over 50% since last Tuesday, capturing the attention of both investors and analysts. The bullish momentum suggests the price could continue its upward trajectory, fueled by growing optimism and […]
After a period of bullish performance, Solana seems to be losing its upward momentum. The altcoin faced significant resistance at the $141 level. Even though SOL’s price has slightly pulled back, the asset remains strong for a significant upside movement, as crypto analysts foresee a rally to new highs. A Major Rally To New Heights […]
Bitcoin's recent price rally received extensive coverage on various mainstream media outlets. The recent price rally exhibited by Bitcoin took the mainstream media by surprise. While the cryptocurrency community was waiting for it, others didn’t really expect it to happen so soon. Bitcoin, like any other commodity, is driven by demand and supply. In the past few weeks, the demand for Bitcoin has been high due to various economic and political factors across the world. Increased demand from investors looking for alternate financial assets, has driven its price above $900. Two months ago,....
Increasing trading volume and demand from institutional investors have analysts expecting a new all-time high from Bitcoin price. The total cryptocurrency market capitalization is back above the $1 trillion level as Bitcoin (BTC) bulls pushed the price back to $40,000 on Jan. 14.Daily cryptocurrency market performance. Source: Coin360Bitcoin price rallied to $40,099 in the early trading hours on Jan. 14 according to data from Cointelegraph Markets and TradingView before pulling back to $39,500. This marks a rapid turnaround from the recent drop below $31,000 and shows that professional and....
Bitcoin price climbed $6 in a quick move earlier today. Whatever price does between now and the looming decline is anyone’s guess. Price climbed back above the 1hr 200MA and should now, conceivably, continue higher. However, advance will be temporary, since the downside price pattern that started on the 27th of March remains incomplete. The converging grey trendlines above and below price will continue to constrain the market’s range until an ecosystem event catalyzes a breakout. Bitcoin price pushes higher to an unknown target. The move may re-attempt $430 or it may be over already. The....