On March 29, 2024, with a trading price of $70,075, and oscillating within a 24-hour range of $68,362 to $71,754, bitcoin’s current market behavior reveals significant consolidation and neutrality. Bitcoin Bitcoin’s 1-hour chart reveals recent volatility, with a significant bounce from a low of approximately $68,362, suggesting a strong support level. Conversely, the resistance near […]Bitcoin Technical Analysis: BTC Consolidation Points to Potential Shifts Ahead
On March 29, 2024, with a trading price of $70,075, and oscillating within a 24-hour range of $68,362 to $71,754, bitcoin’s current market behavior reveals significant consolidation and neutrality. Bitcoin Bitcoin’s 1-hour chart reveals recent volatility, with a significant bounce from a low of approximately $68,362, suggesting a strong support level. Conversely, the resistance near […]
The price of bitcoin saw a significant fluctuation after remaining fairly consolidated over the past two days. After bulls managed to see bitcoin’s price rise to $71,754, the value dropped to a low of $68,557 per unit shortly after reaching the daily high. Liquidations Rise Following Bitcoin Price Drop Over the past 48 hours, bitcoin […]
On Monday, bitcoin’s value soared back to the $70,000 mark after a decline to just under $60,000 the previous week. Over the last 24 hours, its value against the U.S. dollar has increased by 7%, reaching a peak of $70,645 for each unit. Bitcoin’s Swift Comeback For the first time since March 14, 2024, bitcoin […]
Bitcoin’s price trajectory on March 25, 2024, showcases bullish momentum, coasting along at ranges between $66,934 to $67,087 per unit. The day’s trading ranged from $64,568 to $67,672, indicating a volatile yet upward trend. Bitcoin A close examination of bitcoin’s (BTC) oscillators suggests a predominantly neutral to bullish sentiment among traders. The relative strength index […]
Bitcoin’s price on March 22, 2024, exhibits a fascinating landscape of market dynamics, oscillating between gains and losses across various time frames. Amidst a backdrop of neutral oscillators and a mixed sentiment in moving averages, bitcoin traders are navigating through a volatile environment. Bitcoin Oscillators, quintessential for identifying market momentum and potential reversal points, present […]
Bitcoin, with its intraday low and high at $60,760 and $66,382 respectively, and currently trading above the $63,500 mark, showcases its durability and unpredictability. The price movements of bitcoin persist in the lead-up to the U.S. Federal Reserve’s gathering on Wednesday afternoon. Bitcoin On March 20, 2024, bitcoin’s (BTC) 1-hour chart reveals a prevailing downtrend, […]
On Tuesday, the value of bitcoin fell to a low of $62,355, experiencing a decline of over 7% against the U.S. dollar in the last 24 hours and a decrease of 12.4% in the past week. This downturn led to the liquidation of a substantial number of bitcoin long positions, with more than $180 million […]
Standard Chartered has raised its bitcoin forecast, predicting that the cryptocurrency’s price could reach $250,000 next year and $150,000 this year. The bank also adjusted its ether forecast as it anticipates the approval of a spot ether exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) in May. Standard Chartered’s Revised Bitcoin Price […]
As bitcoin flirts with the boundaries of its recent trading range, its price oscillation reflects a vibrant yet undecided market, standing at a pivotal $68,259 per unit, after testing waters between $64,522 and $68,902 within a 24-hour frame. Bitcoin Presently, bitcoin’s (BTC) oscillators present a mixed view but lean toward a cautious sentiment. The relative […]
Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still […]