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 […]
As the US SEC nears approval of the Spot ETF, a bullish surge in bitcoin is expected. The impending bullish trend for Bitcoin (BTC) revolves around the awaited approval and launch of the first US Spot Bitcoin ETF. Forecasts hint at the US Securities and Exchange Commission (SEC) greenlighting at least one Spot ETF by […]
BTCUSD Breaks Above $38,000 Resistance Level BTCUSD pops upward and has successfully surged above the formidable $38,000 resistance level, marking a significant breakthrough after nearly two weeks of persistent buyer efforts. Overcoming this resistance has been a challenging journey, with multiple tests and candle wicks attempting to breach the level. BTCUSD Key Levels Supply Levels: […]
BTCUSD Could Pullback Due to the $38,000 Resistance BTCUSD faces the prospect of retracing to the $35,000 support level, having encountered resistance at $38,000. Despite the bullish momentum that propelled the price up by over 42% in a remarkable four-week span, reaching from $26,300 to the formidable $38,000 resistance level, the cryptocurrency now grapples with […]
The critique of Ravi Menon, a managing director of the Monetary Authority of Singapore (MAS), sparks an anticipated bearish trend for BTC. These remarks mirror a growing doubt within financial circles. The misclassification of Bitcoin as ‘private’ also prompts inquiries into regulatory comprehension. Menon foresees a future financial landscape involving CBDCs, tokenized bank liabilities, and […]
BTCUSD Accrues Momentum to Bypass the $38,000 Mark BTCUSD is accumulating just below the significant $38,000 level, strategically positioning itself to gather momentum for a breakthrough. Even with the market’s initial bullish momentum, it has taken longer to break above the crucial $38,000 resistance level. BTCUSD Key Levels Supply Levels: $38,000, $42,570, $46,000 Demand Levels: […]
Amid Argentina’s economic crisis, Javier Milei, embracing anarcho-capitalism and a self-proclaimed Bitcoin enthusiast, emerges victorious. However, his win sparked concerns not only for Argentinians facing 140% annual inflation and a 40% poverty rate but also for Bitcoin’s reputation. While referencing Bitcoin in his political agenda, Milei’s radical concepts and contentious rhetoric cast a shadow over […]
BTCUSD Is In the Hunt to Surpass $38,000 BTCUSD remains intent on surpassing the significant level of $38,000. The bullishness of the Bitcoin cryptocurrency during this period is well documented, having risen more than 40% in just about 6 weeks. Nevertheless, the market has met strong resistance since reaching $35,000. It has managed to bypass […]
