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BTC price risks new sub-$29K dip as Binance fears test Bitcoin bulls

Bitcoin (BTC) dipped below $29,000 on Aug. 3 as market concerns over largest global exchange Binance reignited BTC price downside.BTC/USD 1-hour chart. Source: TradingViewBTC price analysis "expects" support retestData from Cointelegraph Markets Pro and TradingView showed BTC price action heading lower before a modest comeback into the Wall Street open.Rumors

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Bitcoin bulls falter after BTC price briefly spikes through $30K

Bitcoin (BTC) spiked above $30,000 on Aug. 2 as a tour of its trading range saw BTC price volatility return.BTC/USD 1-hour chart. Source: TradingViewBitcoin comes full circle after trip to $30,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as buyers staged a brief rally through key resistance.Local highs of

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Bitcoin Miner Reserve Rising: Good News For BTC Bulls?

Bitcoin prices have been stagnant, trading below the psychological $30,000 level. The coin is technically under pressure, declining from its peaks of around $31,800 recorded in early July 2023. Amid this development, on-chain data reveals that the Bitcoin miner reserve has been increasing, notwithstanding prevailing market conditions, bouncing back from May

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Matrixport Advices Bitcoin (BTC) Bulls to Jump to Call Options Amid Low Volaitlity

"Predictably, the crypto market has become very quiet during these summer weeks. This has caused trading volumes and volatility to fall markedly. Investors might be well advised to replace their bitcoin spot with Bitcoin options, notably upside calls, as lower volatility has made option prices cheaper," Markus Thielen, head of

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Bulls make money, bears make money, pigs get slaughtered

Crypto market’s volatility and potential for profit and lossThe crypto market is known for its high volatility, which refers to the rapid and unpredictable price fluctuations of cryptocurrencies. Market sentiment, recent news events, regulation changes, technological advancements, and general market demand and supply are just a few factors contributing to

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Bitcoin bulls battle to reclaim $30K amid BTC price RSI ‘reset’

Bitcoin (BTC) targeted new month-to-date lows at the July 18 Wall Street open as bulls refused to give up on $30,000 support.BTC/USD 1-hour chart. Source: TradingViewBTC price: Heavy resistance risks weekly downtrendData from Cointelegraph Markets Pro and TradingView showed BTC price action dropping after a modest rebound from $29,675 —

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