Cryptocurrency Analysis and News Portal
Data shared by market analyst Chang shows that early Wednesday, market participants traded 550 contracts of BTC $45,000 strike call option expiring in March 2024 on Deribit. Buyers, expecting a continued price rally in bitcoin in the coming months, paid a cumulative premium of $1.5 million for the bullish bets.
Read More
Bitcoin price is still struggling to clear the key $35,000 resistance. BTC might correct lower and revisit the $34,000 support zone if
Read More
Ethereum price is slowly moving lower toward the $1,600 support against the US dollar. ETH remains at risk of more losses unless
Read More
Bitcoin price is struggling to clear the $27,500 resistance. BTC is slowly moving lower and might revisit the $26,200 support zone in
Read More
BNB price (Binance coin) failed to settle above $225 and trimmed gains against the US Dollar. The price could decline heavily if
Read More
Ripple’s token price is showing bearish signs below $0.550 against the US Dollar. XRP price could start another decline if it trades
Read More
Bitcoin price declined further and traded below $16,500. BTC is correcting losses, but it could struggle to climb above the $16,700 and $17,000 resistance levels. Bitcoin extended its decline below the $17,000 and $16,500 support levels. The price is trading below $16,800 and the 100 hourly simple moving average. There is a connecting
Read More
Ethereum is struggling to gain pace above $1,350 against the US Dollar. ETH must clear the $1,380 and $1,400 levels to start
Read More
Bitcoin is struggling below $24,500 against the US Dollar. BTC could continue to move down below the $23,650 and $23,500 support levels. Bitcoin is slowly moving lower and trading well below the $25,000 level. The price is now trading below the $24,200 level and the 100 hourly simple moving average. There is a
Read More
Bitcoin is facing a key resistance near the $23,500 zone against the US Dollar. BTC must clear $23,500 to avoid a fresh bearish reaction in the near term. Bitcoin is struggling to rise and trading below the $23,500 level. The price is now trading below the $23,200 level and the 100 hourly
Read More