Bitcoin Technicals: Why BTC price breaking $48K resistance is the key to new all-time highs
Bitcoin heating up above 200-Day Moving Average but faces a crucial resistance level that must be broken. Go to Source Powered by WPeMatico
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Bitcoin heating up above 200-Day Moving Average but faces a crucial resistance level that must be broken. Go to Source Powered by WPeMatico
The dominance of Bitcoin transactions of values above $1mm doubled year-over-year, hinting at a rising institutional involvement in the cryptocurrency space. Go to Source Powered by WPeMatico
Crypto markets recorded a notable rise, surging $700 billion, or 58%, over the past 21 days. Go to Source Powered by WPeMatico
The price of MARA, RIOT, MSTR and other listed companies with exposure to Bitcoin has nearly tripled in the last three months. Go to Source Powered by WPeMatico
Tether has been publishing periodic accounting reports to the public after reaching a settlement with the New York Attorney General’s office in February 2021. Go to Source Powered by WPeMatico
“If Bitcoin were to catch up to Ethereum’s performance this year, the No. 1 crypto’s price would approach $100,000,” believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence. Go to Source Powered by WPeMatico
Even as Bitcoin trades almost 35% below its previous record high of about $65,000, long-term investors have not contributed actively to its decline. Go to Source Powered by WPeMatico
Indicators suggest that Bitcoin is looking to repeat the October 2020-like rally that sent the prices from $10,000 to $65,000. Go to Source Powered by WPeMatico
Bitcoin’s breakout above $43,000 puts the price at a multi-month high and possibly reignites the bull market that traders have been anxiously awaiting. Go to Source Powered by WPeMatico
$42,000 is becoming an increasingly important battleground for Bitcoin bulls and bears. Go to Source Powered by WPeMatico