Bitcoin (BTCUSD) Buyers Ready to Soar Higher Bitcoin bulls are pushing toward $67,260 as buyers maintain momentum. Bitcoin (BTCUSD) is demonstrating strong upward movement, eyeing a potential breakout above the $67,260 key level. Following last week’s bullish rally, highlighted by a double retest around the $60,000 level, buyers have managed to push the price higher, […]
Bitcoin, the leading cryptocurrency, is approaching its all-time high after breaching the $68,000 mark on October 16. This 16% surge over the past week comes amid a significant reduction in exchange reserves and increased institutional demand. Bitcoin Exchange Reserves Plummet, Signaling Strong ‘HODL’ Sentiment Data from CryptoQuant reveals that Bitcoin exchange reserves have fallen to […]
In a significant market development, crypto inflows have surged dramatically, with Bitcoin leading the charge amid the approaching U.S. elections and new investment vehicles entering the market. Recent CoinShares data reveals that digital asset investment products experienced inflows of $407 million, marking a substantial increase in capital movement towards cryptocurrencies. Bitcoin emerged as the primary […]
BTCUSD (Bitcoin) Bulls Struggle to Regain Position Bitcoin buyers are seeking fresh momentum for recovery amid strong selling pressure. BTCUSD buyers are looking for renewed strength as the market faces intense bearish pressure, with prices falling below the critical $59,650 support level. Bitcoin Key Levels Resistance Levels: $64,000, $62,500 Support Levels: $59,650, $54,000 The recent […]
Bitcoin (BTC) is experiencing a bearish trend, driven by intensifying geopolitical tensions. Israel’s invasion of Lebanon and Iran’s retaliatory missile strikes have contributed to uncertainty in global markets. As a result, Bitcoin closed 4% lower, finding support at the $60,000 mark. Analysts, including Justin Bennett, predict further declines, with Bennett forecasting a drop to $57,000. […]
The cryptocurrency market experienced significant crypto outflows last week, with investors withdrawing $147 million from digital asset investment products, according to the latest report from CoinShares. This shift in sentiment comes amid stronger-than-expected economic data, which has led to a reevaluation of investment strategies in the crypto space. Bitcoin, the largest cryptocurrency by market cap, […]
Events on the United States economic calendar could heavily influence Bitcoin’s price in the coming days, with key inflation data being the central focus. These events may also affect central bank policy decisions, which in turn have a direct impact on the broader financial markets. Crypto markets saw gains over the weekend and are maintaining […]
Bitcoin (BTCUSD) Buyers Regain Stance Bitcoin cryptocurrency has reclaimed its position around the $60,550 level, indicating a potential bullish move in the coming days. The new month has started positively for Bitcoin, as the price shows signs of recovery. BTCUSD Key Levels Resistance Levels: $66,610, $65,000 Support Levels: $60,550, $58,000Last month, Bitcoin price experienced a […]
BTCUSD Buyers Lose Momentum as Sellers Take Control The Bitcoin crypto has dipped back to the $61,800 key level as sellers take charge, gaining momentum after a shift in market trend. Following several weeks of dominance by the buyers, the sellers are now asserting their presence and pushing prices lower. The bullish trend, which began […]
