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Bitcoin (BTC) is holding support above $37,000, albeit within a narrow trading range.The cryptocurrency is roughly flat over the past 24 hours, changing hands at press time around $38,500, up 3% over the past week.Buyers will need to make a decisive move above the $40,000 resistance level in order to
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The uptrend in large bitcoin transaction volumes started around October 2020 when the BTC price was between $10,000 and $11,000, according to Glassnode. Still, the uptrend in transfer volumes has slowed over the past few months as BTC established a higher price range between $28,000 and $69,000. Original Source
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Bitcoin is stuck in a short-term downtrend, defined by lower price highs over the past month. However, price indicators suggest selling pressure could slow into the Asia trading day. This means intraday trading volume could rise around the 100-period moving average (currently around $54,500) on the four-hour chart. Source
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Bitcoin (BTC) price momentum is improving, which could limit further downside between the $53,000-$55,000 support range. Buyers will need to make a decisive move above $60,000 resistance to yield an upside target toward the all-time price high near $69,000.For now, BTC is trading in a tight range and is roughly
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Bitcoin has traded in a tight range between $60,000 support and $64,000 resistance over the past week. Short-term buyers have been active on pullbacks, which suggests downside could be limited into Asian trading hours.Upside momentum is slowing after BTC made an all-time high around $66,900 last month. It appears that
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Bitcoin has traded in a tight range over the past few days. It appears that extreme bullish sentiment is starting to cool after BTC reached its all-time high of around $66,900 two weeks ago. For now, traders are gearing up for a strong November and expect positive crypto returns heading
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Ether (ETH) took charge as a new month begins and the second-largest cryptocurrency by market capitalization rallied to a new all-time high at $3,338. This has many analysts shouting out that a new 'altcoin season' has commenced. Meanwhile, Bitcoin (BTC) price is continuing to meet resistance around the $56,000 to $58,000 level. Data
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Bitcoin’s price continues to trade below $24,000 as legal action against Ripple Labs rattled the XRP market. Bitcoin is the only asset in the CoinDesk20 with a positive 24-hour return as of 4 p.m. ET. The price of bitcoin has been bouncing between $22,000 and $24,000 since Friday. Despite its
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Bitcoin has been caught within an intense consolidation phase throughout the past few days The selling pressure in the
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The altcoin market appears to be on the cusp of another altseason rally as tokens experience massive price surges while Bitcoin remains locked in sideways accumulation. Altcoin Tokens Surge as DeFi Market Explodes Tweeting on Monday (July 20, 2020), crypto analyst @Crypto_Ed_NL published a chart showing that a new altseason could be
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