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However, Ethereum-focused funds, which had gained in recent months as bitcoin funds were mostly flat to down, saw minor outflows last week, totaling $14 million. Funds focused on alternative blockchains Litecoin, Ripple and Polkadot also saw outflows last week. Original Source
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Bitcoin (BTC) sellers were active over the weekend as the cryptocurrency’s price dipped below the 200-day moving average at $45,000. Initial support is seen in the $40,000-$42,000 range where a breakout occurred on Aug. 6.The $50,000 resistance level was tested several times over the past few weeks, although buyers ultimately
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The euphoria seen across the cryptocurrency ecosystem over the past couple of weeks was tampered down on Aug. 26 as an early morning attempt by bulls to push the price of Bitcoin to $50,000 was soundly rejected. Data from Cointelegraph Markets Pro and TradingView shows that following its rejection, the price
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Bitcoin’s parabolic increase well above its previous all-time-high has many experiencing déjà vu from 2017 and a number of analysts are concerned the market is overdue for a sizable correction. On Jan. 8 With Bitcoin (BTC) price reached a new all-time high at $41,940 and this week’s 28% collapse to $31,076
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Stellar Lumens’ native token XLM was among the biggest gainers in the cryptocurrency market in the previous 24 hours, rising by roughly 49 percent in the US dollar-pegged markets. The XLM/USD exchange rate reached an intraday high of $0.313 after dropping to as low as $0.20 in the previous session. Traders
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Summary:MagicPoopCannon has highlighted $36,200 as a possible pullback zone for BitcoinHe explains that Bitcoin’s parabolic move could be ‘running out of gas’If a rejection occurs at $36,200, the 10 week MA could provide some support at $22kIf a correction happens at $36k, it will be temporary and Bitcoin will go
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Quick take:Bitcoin zoomed past the $17,115 resistance level like it did not existBTC is still showing signs of bullish momentumIts parabolic nature since September points to a pullback to $13,800However, a pullback is not guaranteed and Bitcoin could continue risingBitcoin Analyst, MagicPoopCannon, has shared his most recent analysis of BTC
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Bitcoin’s options market data shows investors are beginning to position for a temporary retreat from the cryptocurrency’s steep bull run.The one-month implied volatility, which is influenced by the demand for call and put options, jumped from roughly 55% to a four-month high of 70.5% in the past two days, suggesting
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Bitcoin is seeing some intense strength today, with bulls pushing the cryptocurrency towards $17,000 following a brief bout
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Chainlink’s price has been bearing witness to some immense volatility throughout the past few days and weeks, with
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