BTCUSD is Hesitating to Make the Lunge Towards the $45,000 Price Bitcoin (BTCUSD) is hesitating in approaching the $45,000 price level. Despite a robust bullish trend initiated in October, the cryptocurrency has encountered resistance at the $45,000 level, facing swift rejection and subsequently retracting to the $40,200 support level. Bitcoin Key Levels Supply Levels: $45,000, […]
Nigeria’s Central Bank lifted the crypto ban, boosting Bitcoin’s bullish outlook. Nigeria’s Central Bank (CBN) has recently removed constraints for banks handling cryptocurrency transactions., signaling a bullish trend for Bitcoin (BTC). This move is expected to fuel heightened competition rising within Nigeria’s crypto-fiat exchanges and peer-to-peer (P2P) markets. CRYPTO BREAKING NEWSNigeria Central Bank Lifts Restrictions […]
BTCUSD Bullish Formation May Aid its Breakout Beyond $45,000 BTCUSD bullish formation is very promising at the moment. It is expected to potentially facilitate a breakout beyond the $45,000 threshold. The recent market movements suggest that Bitcoin is poised for an upward surge, surpassing not only the $45,000 price level but also initiating a breakout […]
BTCUSD is Set to Try the $45,000 Resistance Again BTCUSD is set for a renewed challenge to surmount the $45,000 resistance, embarking on another attempt after finding support at the $40,200 level, coinciding with the central axis of its parallel channel. Despite an earlier robust ascent to $45,000, the cryptocurrency encountered formidable resistance at this […]
Former BitMEX CEO Arthur Hayes radiates confidence in Bitcoin’s future, envisioning a significant surge to a $1 million price target. Presently hovering near $42,000.00, Bitcoin’s potential rise relies on its inherent value and transformative impact on finance, as per Hayes. This ambitious goal emphasizes Bitcoin’s shift from a volatile asset to a globally recognized standard, […]
Bitget’s December surge fuels Bitcoin optimism amidst regulatory anticipation. In early December, Bitget experienced a 20% surge in new registrations, with 89% entering the cryptocurrency space and 61% exclusively opting for Bitcoin. Google Trends reported doubled interest in Bitcoin searches from November 30 to December 6. The week also marked a 23% rise in spot […]
BTCUSD Remains Stuck in the Parallel Channel BTCUSD remains within its parallel channel as it faces another unsuccessful attempt to break out. This parallel channel has guided the market since the bullish resurgence from $16,500 at the beginning of the year, encapsulating all upward movements within its boundaries. BTCUSD Key Levels Supply Levels: $45,000, $47,570, […]
BTCUSD Grapples to Reach the $45,000 Resistance Level The $45,000 resistance level looms as the next significant hurdle for BTCUSD. Recent bullish momentum has propelled the cryptocurrency beyond various key resistances, including the significant $38,000 level. Currently, attention is focused on surmounting the $45,000 resistance, with determined bullish efforts in play. BTCUSD Key Levels Supply […]
BTCUSD Could Pullback to $39,800 to Continue Rallying BTCUSD could retrace to $39,800 before it continues its strong upward drive. So far, Bitcoin has continued the trend that it began at the beginning of the year at the $16,500 demand level. The price has since been gliding upward through a parallel channel, with only a […]
