First Mover Americas: BTC To $15K? As Rally Stalls, Some Traders Fear Another Leg Down
The latest price moves in bitcoin (BTC) and crypto markets in context for July 26, 2022. Source
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Ethereum Looks Ready For Another Leg Higher Over $1,200
Ethereum is slowly moving higher towards $1,200 against the US Dollar. ETH could clear $1,200 unless it fails to stay above the $1,120 support zone. Ethereum extended gains and climbed above the $1,150 resistance zone. The price is now trading above $1,150 and the 100 hourly simple moving average. There is a major
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Bitcoin Stable Near $30,000 But The Bearish Leg Is Far From Over
Bitcoin has been getting stable at its crucial support level of $30,000. For over a week now, Bitcoin has been trading near its immediate support level. Over the last week, the coin lost close to 6% of its value and in the last 24 hours, BTC fell by 3%. The past
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Ethereum Looks Ready For Another Leg Higher Over $3,200
Ethereum gained bullish momentum and cleared the $3,100 resistance against the US Dollar. ETH price could accelerate further if it clears the $3,200 resistance. Ethereum started a major increase and even settled above the $3,000 level. The price is now trading above $3,100 and the 100 hourly simple moving average. There was a
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Bitcoin Outperforms as Traders Prepare for Next Leg Higher
The surge in bitcoin futures open interest, or total number of outstanding derivative contracts, over the past month coincided with the launch of the first bitcoin futures-based exchange-traded fund (ETF) introduced by ProShares, trading under the ticker BITO. “Now, the open interest has declined substantially, particularly when subtracting the BITO
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Traders Taking Profit? Why Bitcoin Needs To Overcome $64,000 For The Next Leg Up
After printing a green candle in the low of its current levels, Bitcoin seems well underway to resume its bullish trend. As of press time, BTC’s price trades at $63,324 with a 2.5% profit in the daily and sideways movement in the weekly charts, respectively. Source: BTCUSD on TradingView.com In the latter
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Bitcoin price consolidation leans toward ‘another leg higher’
On Oct. 22 Bitcoin (BTC) price entered what some traders predict to be a "consolidation phase" as investors lock in profits following a non-stop run-up in price that began on Oct. 1 and saw BTC increase 55% in just three weeks. Data from Cryptox Markets Pro and TradingView shows that a
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Altcoins take the next leg up after Bitcoin price holds $47.5K
Bullish sentiment returned to the cryptocurrency ecosystem on Oct. 1 after a 10% spike in the price of Bitcoin (BTC) lifted it above the $47,500 level and resulted in the liquidation of more than $270 million in short positions. The altcoin market quickly followed suit with a majority of the tokens in
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Bitcoin Futures Bull Div Could Offer Crystal Ball Into Next Leg Up
The Chicago Mercantile Exchange more commonly referred to as CME, offers the de-facto futures contracts for Bitcoin since the end of the last bull market. But could the forward-looking price action also offer a potential glimpse into the future of what’s to come? If this crystal ball works, the last leg
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Why Ethereum Looks Ready For Another Leg Lower Below $3K
Ethereum failed to clear the $3,200 resistance and declined further against the US Dollar. ETH price is now at a risk of more downsides below $3,050 and $3,000. Ethereum settled below the $3,200 pivot level and extended its decline. The price is now trading well below $3,200 and the 100 hourly simple
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