Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K
The relative strength index is making lower highs while correcting from its overbought area. Go to Source Powered by WPeMatico
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The relative strength index is making lower highs while correcting from its overbought area. Go to Source Powered by WPeMatico
Dan McDermitt from TheChartGuys says Bitcoin’s growth over the past month has been impressive but a “major catalyst” is needed if BTC is to reach a new all-time high. Go to Source Powered by WPeMatico
Traders say a correction to lower support levels and standard profit-taking was expected after Bitcoin’s swift ascension to $50,000. Go to Source Powered by WPeMatico
The Market Report with Cointelegraph kicked off at 16:00 UTC on Thursday. Find out what our analysts think about the BTC bull market and where we could be headed in the short- to medium-term. Go to Source Powered by WPeMatico
The indicators, coupled with a strong bid momentum versus the offers, suggest that the Bitcoin price could push above $50,000 in the coming sessions. Go to Source Powered by WPeMatico
Protocol upgrades and a new cross-chain Ethereum bridge back the rally in TLOS, GNO and ALPHA. Go to Source Powered by WPeMatico
“Watch carefully, maybe take some profits or hedge a bit,” advises John Bollinger. Go to Source Powered by WPeMatico
Bitcoin has lost the $50,000 level but derivatives data lays out a few good reasons why bulls might march on the resistance level ahead of Friday’s $2 billion BTC options expiry. Go to Source Powered by WPeMatico
Bitcoin correcting after a big announcement of Michael Saylor and facing crucial resistance at $51K. Go to Source Powered by WPeMatico
MicroStrategy’s Bitcoin holdings are now worth more than $5.3 billion at the current BTC price. Go to Source Powered by WPeMatico