Thursday, June 1, 2023
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Bitcoin Price (BTC) Jumps to Key Price Resistance as Hong Kong Opens Crypto Trading For Retail Investors

"This looks like a non-macro-related spot-based move, and the timing coincides with the news that Hong Kong will allow retail trading of BTC and ETH on licensed digital asset platforms as of June 1," Noelle Acheson, author of the Crypto Is Macro Now newsletter, said in Tuesday's edition. "This is

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BTC price targets see $33K next as Bitcoin eyes key resistance flip

Bitcoin (BTC) preserved new ten-month highs at the April 14 Wall Street open as analysts kept hoping for further gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$31,000 revealed as make-or-break trend lineData from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating around $30,700 after spiking past the $31,000 mark.The pair saw

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Bitcoin barely holds $28K as bulls see new rejection at key resistance

Bitcoin (BTC) saw another failure to exit a tight trading range into April 6 as $28,000 again hung in the balance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis sees traders "compressing" BTC priceData from Cryptox Markets Pro and TradingView showed BTC/USD trading below the the $28,000 mark at the time of

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Biggest Movers: XMR Nears 6-Week High, as LINK Falls Near a Resistance Level – Bitcoin News

Monero climbed for a third consecutive session on Thursday, as the token moved marginally closer to a six-week high. This rise in price comes despite the fact that the global market cap mostly consolidated, and is trading just 0.50% higher as of writing. As for LINK, chainlink bulls have so

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Bitcoin derivatives suggest $26K resistance level won’t hold for long

The price of Bitcoin (BTC) increased by 28% between March 12-14, reaching $26,500, its highest level since June 2022. Some may attribute the gains to the consumer price index's (CPI) 6% year-over-year increase in February, even though the figure was in line with expectations.The inflation metric reached its lowest level

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