Bitcoin loses 4% in challenge to bulls’ push for $50K — Watch these BTC price support levels
$47,000 resistance serves as a timely reminder that the only way is not always up for Bitcoin bull runs. Go to Source Powered by WPeMatico
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$47,000 resistance serves as a timely reminder that the only way is not always up for Bitcoin bull runs. Go to Source Powered by WPeMatico
Buyer support and macro headwinds are in Bitcoin’s favor as a giant sell wall is all that stops BTC/USD from reclaiming $50,000. Go to Source Powered by WPeMatico
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 amount of Bitcoin available on derivatives exchanges hits its lowest since May 11, before the China miner rout took hold. Go to Source Powered by WPeMatico
Gold disappoints on practically every timeframe while heading back towards all-time lows in BTC terms. Go to Source Powered by WPeMatico
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300. 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
Those expecting a retracement after further rapid gains look on as one price level after another tumbles. 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
A third week of solid bullishness for BTC/USD comes as headwinds mount and gold tumbles to more than four-month lows. Go to Source Powered by WPeMatico