Exchange-Traded Funds (ETFs): A Gateway to Bitcoin Investment Exchange-Traded Funds, commonly known as ETFs, are investment instruments that track specific assets or commodities. In the world of Bitcoin, ETFs serve as a seamless means for investors to engage with its price movements without directly holding the cryptocurrency. Instead of navigating the complexities of cryptocurrency exchanges, […]
BTCUSD Returns to an Ascending Channel Bitcoin (BTCUSD) rises back into its ascending channel. The coin staged a bullish move, reclaiming its position within a previously established ascending channel. The year 2023 has marked a significant period of recovery for this cryptocurrency, transitioning from a bearish trend at the beginning of the year, starting at […]
BTC/USD Suffers Rejection on first contact with the $38,000 resistance Bitcoin (BTC/USD) suffers initial rejection upon coming into contact with the $38,000 resistance level. The cryptocurrency has witnessed an incredible price increase over the past four weeks, beginning in mid-October. The coin was able to bypass the different key levels in different ways, either sharply […]
Bitcoin Faces Increasing Pressure Despite Rally Bitcoin encounters bearish resistance on the path to $38,000. Despite a recent rally, the coin is currently grappling with increasing bearish pressure as it endeavors to attain a significant level of $38,000. BTC buyers have maintained control of the market, propelling the coin to a remarkable 43% price increase […]
BTCUSD Resists Bearish Pressure and Pushes Higher BTCUSD resists bearish pressure to push its price above the significant $35,000 level. Buyers of the cryptocurrency are having a swell time as the coin has overcome a bearish third quarter and has been firing on all cylinders since the beginning of this last quarter. BTCUSD Key Levels: […]
BTCUSD Attempts to Surmount $35,000, Presses Hard Against It Bitcoin (BTCUSD) is pressing against the critical $35,000 resistance level as it strives to overcome this formidable barrier. The current bullish surge is reminiscent of the last time we witnessed such high activity, which was back in June, after which Bitcoin experienced a sharp decline, falling […]
BTCUSD Maintains Its Push to Rise Above $35,000 Bitcoin remains steadfast in its endeavor to surmount the formidable $35,000 resistance level, exhibiting a determined push toward higher price levels. This bullish resurgence has followed an extended period of consolidation beneath the $28,000 threshold. BTCUSD Key Levels: Supply Levels: $35,000, $38,000 Demand Levels: $30,000, $28,000 The […]
BTCUSD Achieves a Price Increase of 30% in 2 Weeks BTCUSD has achieved a major price increase over the past two weeks. The coin has seen a remarkable surge in price, exceeding 30%. After sliding below the $30,000 price threshold, the cryptocurrency struggled to regain momentum and slowly retreated to $25,000. It was at this […]
BTCUSD Is Traversing the $35,000 Resistance Level BTCUSD is traversing just below the $35,000 resistance level, marking a significant juncture in its recent price trajectory. In just over two weeks, we’ve witnessed an astounding surge in the BTC market. This rally kick-started by a breakthrough from beneath the $28,000 resistance, which ultimately unleashed the bullish […]
