Buyers Exerting Pressure on $43,750 Supply Level for BTCUSD BTCUSD buyers are exerting significant pressure on the $43,750 resistance level, marking a pivotal juncture in the market dynamics. The parallel channel’s trajectory has witnessed oscillations, with prices reaching the upper border and subsequently rebounding off the resistance level. BTCUSD Key Levels Supply Levels: $45,000, $47,000, […]
The recent approval of the spot Bitcoin Exchange Traded Fund (ETF) by the Securities and Exchange Commission (SEC) in the United States hasn’t propelled Bitcoin’s (BTC) price as expected. Bitcoin is currently trading near $42,850, experiencing a modest 0.4% upside momentum in the last 24 hours. CRYPTO BREAKING NEWSBitcoin whales loading bags ahead of major […]
Bitcoin (BTCUSD) Is Struggling in the Face of a Formidable Barrier BTCUSD is struggling to surpass the significant level of $37,750. The anticipated difficulty in overcoming this zone, which aligns with the middle line of its parallel channel, is apparent. However, the market exhibits determination as it ascends for a second attempt at testing this […]
BTCUSD Bulls Find Themselves at a Pivotal Crossroads Having successfully concluded a bearish phase at the lower boundary of the parallel channel, the BTCUSD market has embarked on a new uptrend. The current focal point rests on the middle line of the parallel channel, a decisive juncture that holds the potential to either bolster the […]
Strike’s latest offering, enabling Bitcoin investment through direct deposit, is positioned to stimulate a bullish BTCUSD market. The efficient process entails logging into your profile, navigating to the ‘Direct Deposit’ section, and adjusting the ‘Get Paid in Bitcoin’ preferences. The option to select the percentage of your paycheck for Bitcoin conversion caters to both conservative […]
BTCUSD Poised to Spring Up from Support Level BTCUSD is poised to initiate an upward movement following its recent touch-down at the lower border of the parallel channel. Despite this setback, the overall market trend remains bullish, with the decline occurring after unsuccessful attempts to push the price beyond the upper border of the parallel […]
BTCUSD Bulges Under Bear Pressure Bitcoin (BTCUSD) bulges under the pressure exerted by sellers in the current market scenario. Despite its notable upward trajectory within a parallel channel, the coin predominantly skirts along the lower line due to persistent bearish influence, despite the overall price increase. BTCUSD Key Levels Supply Levels: $47,000, $50,000 Demand Levels: […]
The remarkable surge in Bitcoin’s hash rate, reflecting heightened security and a thriving ecosystem, has the potential to positively influence Bitcoin prices. Historically, a robust hash rate correlates with increased confidence and market bullishness. The strengthened security, coupled with growing network participation, may instill optimism among investors. CRYPTO BREAKING NEWSBitcoin Booms: Hash Rate Records Shattered, […]
BTCUSD Remains Assured Despite Another Rejection BTCUSD remains confidently on course to attain its target of $50,000, undeterred by the recent market setback. Following a consolidation period along the middle line of the parallel channel, the coin exhibited strength, surging above $45,000 and surpassing $47,000 at the confluence with the upper border of the parallel […]
