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Bitcoin (BTC) is back below $28,000 as the countdown to the monthly close keeps everyone on their toes.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView200-week trend line among popular BTC price targetsData from Cointelegraph Markets Pro and TradingView shows BTC/USD dropping to two-day lows of $27,533 on March 31.A modest bounce
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A market analyst, Conor Ryder, CFA, recently explored the liquidity state of the crypto markets. Parameters like market depth, spreads, slippage, and volumes helped expose the liquidity problem. Post-FTX-implosion liquidity gap not resolved Under market depth, the analyst realized that BTC pairs are currently at the lowest level of liquidity associated with
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Bitcoin (BTC) approached a key weekly close on March 19 with traders concerned about a retest of lower levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls must "step in" to protect $26,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $27,000 on Bitstamp.After briefly tapping $28,000 into the weekend,
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Tactive's Gifford said that if bitcoin breaks with $20,000, "we could get the $15,000 pretty fast," and if we break through $15,000, we go to $10,(000) fast. But he noted bitcoin's staying power and halving next year. "That typically has been a spark for bull markets in bitcoin," he said. Source
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Bitcoin (BTC) fell to three-week lows on March 8 as stronger-than-expected employment data from the United States dampened risk assets.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewEmployment stats boost Fed hawks, BTC price dipsData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $21,858 on Bitstamp.The pair was attempting to
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Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market cap down 3.63% as of writing. Shiba inu also dropped, falling to a six-week low. Dogecoin (DOGE) Dogecoin (DOGE) dropped to a
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Bitcoin (BTC) keeps pushing for a bullish end to February as the monthly close starts another week’s price action.The largest cryptocurrency looks set to preserve its gains as it closes the second month of 2023 — and is keeping bulls’ hopes alive in the process.Can the good times continue? The
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Bitcoin (BTC) climbed back above $24,000 at the Feb. 17 Wall Street open as analysis favored “consolidation and continuation” higher.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin faces key level to "break" bear trendData from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering some overnight losses after dipping to $23,369 on
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The Central Bank of Brazil will focus its first digital real tests on determining the levels of privacy and security that can be achieved with the proposed central bank digital currency (CBDC) infrastructure. The tests will be conducted later this year and will set up a simplified operation to transact
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Bitcoin (BTC) faces a sink-or-swim resistance test to confirm its "macro breakout," new analysis says.In a tweet on Feb. 2, on-chain monitoring resource Material Indicators flagged key levels to flip to support after BTC/USD spiked above $24,000.Bitcoin price gears up for trend line showdownIn what was ultimately a boon for
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