Cryptocurrency Analysis and News Portal
"Bitcoin is currently fighting with the $40,000 resistance, and if it manages to break it, we might see a similar volume explosion as when it dropped below this level. Until then, trading activity might be muted as momentum traders often wait for specific price action before making directional bets," Arcane
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Bitcoin rose toward $43,000 on Tuesday and is up about 3% over the past 24 hours. Several alternative cryptocurrencies (altcoins) such as MATC and FTM were up about 14% over the same period, suggesting a greater appetite for risk among investors.It appears that bullish sentiment is starting to return to
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Bitcoin traded in a tight range around $46,000 on Tuesday. Some traders prefer to remain on the sideline until the U.S. Federal Reserve concludes its two-day monetary policy meeting on Wednesday, which could be a source of market volatility.Despite relative calm in crypto markets, equities traded lower as the CBOE
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Bitcoin was roughly flat over the past 24 hours as buyers attempted to continue to reverse some of last weekend’s losses. Some short-term traders are buying on dips, while others remain cautious about what crypto prices will be over the next month.“In spite of the shock sell-off, volatility markets remain
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The relative strength index (RSI) on the four-hour chart (see above, featured image) registered an oversold signal on Nov. 12, although buyers quickly took profits around the $66,000 resistance level. The RSI is currently neutral, which means a period of consolidation could persist this week. Source
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Bitcoin (BTC) dipped below $65,000 as buyers continue to take some profits. The cryptocurrency was trading around $64,000 at press time and is down 2% over the past 24 hours. Lower support is seen around $60,000, which could stabilize the current pullback.The relative strength index (RSI) on the four-hour chart
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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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The Reserve Bank of Zimbabwe, the country’s central bank, is considering a regulatory sandbox for crypto companies in an apparent change from its previous anti-cryptocurrency stance. The proposed sandbox is reportedly part of a broader agenda by authorities in Zimbabwe to revamp the nation’s financial sector, which has seen
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