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btc price analysis – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 10 Sep 2024 13:22:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png btc price analysis – DIGIT INFO https://www.digit.info 32 32 Why Bitcoin will likely retrace to $54K before the big breakout https://www.digit.info/why-bitcoin-will-likely-retrace-to-54k-before-the-big-breakout/ Tue, 10 Sep 2024 13:22:39 +0000 https://www.digit.info/why-bitcoin-will-likely-retrace-to-54k-before-the-big-breakout/

Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed between near $54,000. 

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Bitcoin analysts converge on a breakout in September — But is $86K possible? https://www.digit.info/bitcoin-analysts-converge-on-a-breakout-in-september-but-is-86k-possible/ Mon, 19 Aug 2024 14:23:40 +0000 https://www.digit.info/bitcoin-analysts-converge-on-a-breakout-in-september-but-is-86k-possible/

Bitcoin could see a breakout to new all-time highs as soon as next month, but BTC must first tackle significant resistance around $59,500.

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Bitcoin traders risk-off as BTC price falls to $62K — Is a generational bottom approaching? https://www.digit.info/bitcoin-traders-risk-off-as-btc-price-falls-to-62k-is-a-generational-bottom-approaching/ Fri, 02 Aug 2024 20:18:18 +0000 https://www.digit.info/bitcoin-traders-risk-off-as-btc-price-falls-to-62k-is-a-generational-bottom-approaching/

Bitcoin traders anticipate a potential price drop below $60,000. Will dip buyers show up?

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Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation https://www.digit.info/ethereum-technical-analysis-eth-eyes-bullish-rebound-amidst-consolidation/ Mon, 22 Jul 2024 13:40:28 +0000 https://www.digit.info/ethereum-technical-analysis-eth-eyes-bullish-rebound-amidst-consolidation/ Read more]]> Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst ConsolidationEthereum’s price on July 22, 2024, stands at $3,497, showing a dynamic interplay of market forces. The cryptocurrency’s recent movements exhibit consolidation with a potential bullish resurgence. Ethereum The 1-hour ETH/USD chart reveals critical support at $3,411 and resistance at $3,565. Ethereum’s price has been oscillating within these boundaries, with noticeable volume spikes at pivotal […]

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Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish Momentum https://www.digit.info/bitcoin-technical-analysis-btc-balances-short-term-corrections-and-long-term-bullish-momentum/ Mon, 22 Jul 2024 11:54:24 +0000 https://www.digit.info/bitcoin-technical-analysis-btc-balances-short-term-corrections-and-long-term-bullish-momentum/ Read more]]> Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish MomentumOn Monday, bitcoin’s price stands at $67,463 per unit, within an intraday 24-hour range of $65,833 to $68,486. The leading crypto asset boasts an overall market capitalization of $1.33 trillion and a 24-hour trade volume of $31 billion. Bitcoin Bitcoin’s 1-hour chart indicates a recent peak at $68,486, followed by a downward correction. The current […]

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3 reasons why Bitcoin analysts think a BTC price ‘cycle top’ is in https://www.digit.info/3-reasons-why-bitcoin-analysts-think-a-btc-price-cycle-top-is-in/ Tue, 02 Jul 2024 22:00:00 +0000 https://www.digit.info/2024/07/02/3-reasons-why-bitcoin-analysts-think-a-btc-price-cycle-top-is-in/

Capriole Investments founder Charles Edwards says that multiple onchain metrics point to a “sign of weakness” in Bitcoin price.

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3 things that can spoil a potentially bullish July for Bitcoin https://www.digit.info/3-things-that-can-spoil-a-potentially-bullish-july-for-bitcoin/ Sun, 30 Jun 2024 18:05:00 +0000 https://www.digit.info/2024/06/30/3-things-that-can-spoil-a-potentially-bullish-july-for-bitcoin/

BTC price is likely to face headwinds in July from Mt. Gox repayments that could result in a “bull pennant” breakdown on the charts.

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Bitcoin price drop below traders’ cost basis warns of deeper sell-off https://www.digit.info/bitcoin-price-drop-below-traders-cost-basis-warns-of-deeper-sell-off/ Wed, 26 Jun 2024 16:55:48 +0000 https://www.digit.info/2024/06/26/bitcoin-price-drop-below-traders-cost-basis-warns-of-deeper-sell-off/

Bitcoin price fell below traders’ average entry point, leading analysts to caution that the current sell-off could continue.

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Bitcoin price must break $31K to avoid 2023 ‘bearish fractal’ https://www.digit.info/bitcoin-price-must-break-31k-to-avoid-2023-bearish-fractal/ Mon, 23 Oct 2023 15:20:00 +0000 https://www.digit.info/2023/10/23/bitcoin-price-must-break-31k-to-avoid-2023-bearish-fractal/

BTC price needs to recoup some more key levels before ditching longer-term bearish risk, the latest Bitcoin analysis says.

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How high can Bitcoin price go by 2024? https://www.digit.info/how-high-can-bitcoin-price-go-by-2024/ Wed, 18 Oct 2023 14:34:34 +0000 https://www.digit.info/2023/10/18/how-high-can-bitcoin-price-go-by-2024/

Historic price fractal, strong technicals and Bitcoin ETF approval euphoria could keep BTC prices elevated for the rest of 2023.

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