Bitcoin Price Starts Correction Post Rally, Why Dips Could Be Attractive
Bitcoin price rallied above $26,500 and $27,000. BTC tested the $28,000 resistance zone and is currently correcting lower toward $27,000. Bitcoin jumped and
Read MoreBitcoin price rallied above $26,500 and $27,000. BTC tested the $28,000 resistance zone and is currently correcting lower toward $27,000. Bitcoin jumped and
Read MoreSolana (SOL) has captured the attention of investors and analysts as its price charts form a distinctive falling wedge pattern. This technical
Read MoreIn the latest episode of Cryptox’s The Market Report, analyst Marcel Pechman delves into Bitcoin’s recent drop to $26,000. Derivatives market analysis shows Bitcoin (BTC) options and futures metrics lack signs of professional traders going bearish, and while that doesn’t guarantee a quick return to $29,000 support, it reduces the
Read MoreEthereum price is attempting a recovery wave above the $1,620 level against the US Dollar. ETH could start a fresh decline if
Read MorePEPE surged remarkably in the past week posting gains of approximately 20%. The $0.0000011079 support level on the daily chart acted as
Read More“Looking ahead, with no major scheduled events or economic data releases this week, we anticipate that price action in the market will be influenced by open interest levels, reflecting trader sentiment, and trending topics such as memes and artificial intelligence,” Johnny Teng, Senior Researcher at LBank Labs, said in a
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The latest bull run has helped the global crypto market to rise by roughly $150 billion in just two weeks. However, as the heat grew, selling pressure rose nonetheless, triggering a notable downtrend. According to data provided
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent video, Nicholas Merton, the crypto YouTuber from DataDash, addressed the stagnation that bitcoin has been experiencing since March 2023. Merton compared bitcoin’s performance to its peers in the crypto space, highlighting the lack
Read MoreIn today’s Market Report episode, analyst and writer Marcel Pechman covers the potential triggers to move Bitcoin’s price away from $27,000, including the United State Federal Reserve meeting on May 3. The show airs every Tuesday on the Cointelegraph Markets & Research YouTube channel.The first news article discussed the catalysts
Read MoreBitcoin (BTC) abruptly reversed gains on April 19 as a cascade of long liquidations sent BTC/USD plummeting lower.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin sees "beautiful" retracementData from Cointelegraph Markets Pro and TradingView followed the pair as it made lows of $29,015 on Bitstamp. The sudden move followed an equally strong rebound
Read More