Traders identify $40,000 as the pivotal level Bitcoin price needs to trade above in order to avoid a revisit of July’s swing low.
Bitcoin chart fractal suggests BTC price will rally to at least $80K by September
Calls for a doubled-up Bitcoin price rise as the cryptocurrency paints ten green candles in a row.
Bitcoin traders express mixed emotions about what’s next for BTC price
Bitcoin traders are at odds about where BTC price may head after it failed to flip the $40,000 level to support.
3 reasons why Bitcoin price has not been able to rally back above $40K
Bitcoin bulls appear to be back, but a strengthening U.S. dollar, a new wave of COVID-19 infections and low trading volumes threaten the current recovery.
Bitcoin price hints at ‘megaphone’ bottom pattern, and a breakout toward $40K
The megaphone-shaped pattern reflects growing disagreement between investors over the next Bitcoin trend bias.
3 reasons why traders think Bitcoin price bottomed at $29,500
Bitcoin’s bounce above $32,000 boosted the mood among traders who believe the bottom is in, but some analysts caution that heavy resistance blocks the road to new highs.
Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately has reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000.
$13K Bitcoin price predictions emerge with BTC falling below historic trendline
The 50-week simple moving average earlier offered incredible support to Bitcoin’s long-term bullish bias. But bears took it convincingly during the Monday sell-off.
Bitcoin bull outlines 7 steps to more fiscal stimulus and higher BTC prices
Bitcoin’s drop below $30,000 has sparked worries that it is heading to $20,000 next. But is such a massive drop feasible against the current macro fundamentals?
Historically low spot volumes and investor indecision weigh on Bitcoin price
Bitcoin price struggles to gain momentum as historically low spot volumes and a strengthening dollar result in widespread indecision from most traders.
Bitcoin price set to rebound? BTC shorts on Bitfinex crash by 25% after record spikes
The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst.
Big bullish pattern on US dollar index chart puts Bitcoin at risk of losing $30K
A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after March 2020.
Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%
On-chain data shows two dramatic declines in the Bitcoin reserves held by a Canadian Bitcoin fund but there’s a catch.
Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech
The latest price declines came after the US inflation rose to a 30-year high in June.
Goldman Sachs: Ethereum’s popularity could see ETH become dominant store of value
Goldman Sachs says the popularity of Ethereum’s smart contracts means it could overtake Bitcoin as the number one crypto by market cap soon.
Bitcoin fractal setup from 2019 hints BTC price can rebound back to $50K
The ongoing Bitcoin downside correction is strikingly similar to its price action in June-December 2019.
Cambridge and IEA data shows bitcoin carbon intensity peaked last year
Worst case projections seem to suggest that bitcoin emissions will be down by more than two-thirds in five years.
3 things traders are saying about Bitcoin and the state of the bull market
Contrarian Bitcoin analysts pinpoint three reasons why they are still bullish on BTC price for the short and long-term.
Bitcoin rejects near $37.5K, on-chain data shows capitulation from short-term holders
On-chain data shows short-term Bitcoin holders continue to capitulate while long-term investors have been buying the dip in anticipation of the market moving higher.
Analyst says reclaiming $37,500 is Bitcoin’s crucial ‘line in the sand’
According to analysts from Decentrader, Bitcoin needs to quickly reclaim the $37,500 level and ETH needs to hold $2,300 as support to avoid bull-market-ending price action.