Bitcoin Escapes Tight Range After Week Of Compression – Next Stop $100K?
Bitcoin is now trading above the $96,000 mark after multiple days of struggling to break through that resistance zone. The breakout signals renewed strength from bulls, who have regained control following weeks of tight consolidation. However, while this move confirms bullish momentum in the short term, the critical level to reclaim remains the psychological $100,000 […]
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CEO and Co-founder of crypto education media firm Coinbureau, Nic Puckrin has shared a “realistic” take on the altseason. The former TradFi entrepreneur and prominent digital asset advocate has highlighted three necessary conditions to usher in an altseason. Related Reading: Bitcoin Escapes Tight Range After Week Of Compression – Next Stop $100K? Altseason Still On […]
Bitcoin has experienced a tiring price action in recent weeks, with the price struggling to set a clear short-term direction. Investors are beginning to feel impatient as BTC remains stuck in a tight range, showing no decisive breakout. The price was testing crucial supply between $98K and $100K when the market was hit by negative news, adding further uncertainty. Related Reading: Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore On Friday, the cryptocurrency exchange Bybit suffered a massive hack, with $1.4 billion in ETH stolen. The incident triggered fear among....
Action over the weekend in the bitcoin price has been pretty interesting, and it looks as though the week volatility we saw throughout the majority of last weak has abated and we have finally got some decent movement. With this said, we are still trading within a tight range, and the only real strategy available to us today according to our predefined parameters is our breakout strategy. Now, as we head into a fresh week of trading, what are the levels we are keeping an eye on the bitcoin price, and how can we get in to either a long or short position on any volatility? Take a quick look....
Bitcoin is attempting to establish a short-term direction after successfully holding the $90K level but struggling to reclaim the $100K mark. The price continues to trade within a tight range, fluctuating between $94K and $100K, creating uncertainty among investors. While Bitcoin’s long-term outlook remains bullish as it holds above critical demand levels, short-term price action […]
Bitcoin’s price action has calmed after a strong move lower on the news of the CFTC charging BitMEX and President Trump catching the disease spreading across the globe. The cryptocurrency is currently trading in a tight $30 range, indicating that investors are indecisive. Bitcoin Enters Tight Range as Market Is Indecisive As noted by a top Bitcoin analyst, the leading cryptocurrency has been trading in a $30-50 range over the past few days as investors […]