Bitcoin Price Reaches Key Juncture, Is This Bulls Trap or Technical Correction?
Bitcoin price failed to continue higher above $36,000. BTC corrected gains and might find strong buying interest near the $34,200 support zone. Bitcoin
Read MoreBitcoin price failed to continue higher above $36,000. BTC corrected gains and might find strong buying interest near the $34,200 support zone. Bitcoin
Read MoreBitcoin price started a downside correction below $28,000. BTC is now testing the $27,200 support and might start a fresh increase in
Read MoreNew meme-coin Pepe (PEPE) has entered a sharp correction phase after surging by more than 2,000% since its debut a few weeks ago.On May 3, the PEPE price dropped to $0.00000089, down about 35% from its record high of $0.00000138 established two days ago. As a result of the correction, its market
Read MoreBitcoin (BTC) hit its highest since the start of the month on March 13 as U.S. bank stocks saw the largest mass halt in history.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price sees "phenomenal" reboundData from Cointelegraph Markets Pro and TradingView tracked a thoroughly bullish hourly candle for BTC/USD, which reached
Read MoreThe Bitcoin price is up 40% year-to-date (YTD) and has recaptured the $23,000 level. However, with ongoing concerns around DCG and Grayscale as well as macroeconomic uncertainties, many investors doubt the sustainability of the recent price rally. With higher prices, motivation among investors may be increasing to use the current price
Read MoreWhile Bitcoin (BTC) has experienced a strong price pump to kick off the new year, many industry pundits are not convinced the cryptocurrency will continue its upward trajectory — at least in the short to mid-term. The impressive price surge — which saw BTC experience 14 days of consecutive price increases
Read MoreThis week on The Market Report, the resident experts at Cointelegraph discuss whether the recent and long-awaited Bitcoin (BTC) price rally is a bull run and the beginning of the next bull market or whether it is just a bull trap and investors should be cautious.We start off this week’s
Read MoreBitcoin (BTC) is trading at its highest levels in over two months, but the phrase on every trader’s lips is “bull trap.”After delivering 25% returns in a single week, BTC/USD remains under suspicion for Bitcoin bear market survivors.Bitcoin bull trap fails to convinceIt has been called the “biggest bull trap”
Read MoreBTC’s price lost its all-time high of $18,000 as FTX fiascos continued to affect its price Price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors BTC’s price bounces from a low of $15,500 on the daily timeframe as the price reclaims the
Read MoreBitcoin price gained pace and was able to clear $16,500. BTC must settle above $17,000 to start a real recovery in the near term. Bitcoin started an upside correction and climbed above the $16,500 resistance. The price is trading above $16,400 and the 100 hourly simple moving average. There was a break above
Read More