Bitcoin In Standby Mode: Weekend Ranges Rule Before Holiday ‘Chop’

Bitcoin In Standby Mode: Weekend Ranges Rule Before Holiday ‘Chop’

Bitcoin has slipped into standby mode as the weekend unfolds, with price action remaining compressed inside a familiar range. Volatility is muted, momentum is lacking, and traders are largely focused on well-defined scalp levels rather than expecting a decisive move. With the holiday period approaching, patience and precision are taking center stage as the market waits for its next real catalyst. Bitcoin Slips Back Into Weekend Range Mode According to a recent update, analyst Lennaert Snyder noted that Bitcoin has once again entered a period of “weekend chop.” While he does not....


Related News

Bitcoin Could See A Weekend Rally To $100,000 – Is BTC Ready For New Highs?

As Bitcoin (BTC) attempts to break out from its weekly range, its price eyes the crucial $99,000-$100,000 resistance barrier, fueling bullish sentiment among investors. Multiple analysts forecast that the flagship’s crypto next all-time high (ATH) rally is around the corner, with some suggesting that the initial jump could come in the coming days. Related Reading: Ethereum ‘Running Out Of Time’? Analyst Says New ATH May Not Come This Cycle Bitcoin To $100,000 This Weekend? Over the past two weeks, Bitcoin has recovered from its sub-$80,000 correction, breaking above the $90,000 mark and....

'Wild ride' lower for BTC? 5 things to know in Bitcoin this week

The holiday weekend is making everyone nervous as BTC price action hovers at $19,000. Bitcoin (BTC) starts a new week still in holiday mode with United States financial markets off for Independence Day.The largest cryptocurrency, stuck below the increasingly daunting $20,000 mark, continues to feel the pressure from the macro environment as talk of lower levels remains omnipresent.After a quiet weekend, hodlers find themselves stuck in a narrow range while the prospect of a breakout to the upside appears increasingly hard to believe.As one trader and analyst singles out July 4 as the site....

Get Yourself a Little Bit of Bitcoin | 2020 Holiday Episode

On today's holiday episode of Markets Daily, we're joined by John Barrett for a holiday classic.

It’s Beginning to Look a Lot Like Bitcoin | 2020 Holiday Episode

On today's holiday episode of Markets Daily, we're joined by Santa Clause for a bitcoin holiday classic.

Marathon Patent Agrees to Buy 70K ASIC Miners From Bitmain for $170M

The announcement comes after a holiday weekend in which the price of bitcoin hit a succession of new all-time highs.