These are the BTC price levels to watch next as Bitcoin breaks above $40K
$46,000 is on the cards for a bullish uptick, but concerns about lack of buyer support below $30,000 are a real threat for analysts. Go to Source Powered by WPeMatico
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Worse than March 2020? Bitcoin price dives below $33K
A “key level” comes into play as Bitcoin challenges longer-term support lines and deals a major blow to long positions. Go to Source Powered by WPeMatico
Nearly a quarter of unique Bitcoin wallets at a loss amid $15K price dump
Bitcoin’s $15,000 price pullback over the last few days has caused the percentage of wallets underwater to exceed 23%. Go to Source Powered by WPeMatico
$83K Bitcoin price in the cards after data shows BTC whales bought the dip
Two key Bitcoin price metrics signal that whales bought the dip to $42,000, a hint that BTC may be gearing up for a new all-time high by mid-June. Go to Source Powered by WPeMatico
‘Chartmaster’ Expects BTC Price to Tap $29K, Delta Exchange CEO Says ‘Bitcoin Hasn’t Found a Floor Yet’
The price of bitcoin has dropped to a new low for the month of May, sliding to $42,100 per unit during Monday evening’s trading sessions. While a few analysts see bitcoin rebounding and gathering new highs in the coming weeks, a few crypto market strategists believe bitcoin prices could sink much lower than today’s current … Read more
Bitcoin price could hit $29K next, warns CNBC ‘Chartmaster’
A simple look back at past BTC price dips means that a 55% correction from all-time highs is on the table, says Carter Worth. Go to Source Powered by WPeMatico
Yay or nay? New petition demands Elon Musk sells all his Bitcoin
The “Dogefather” has gone too far for some hodlers, and should allow a “better custodian” to own them instead, says the petition’s creator. Go to Source Powered by WPeMatico
Here’s how Bitcoin’s intraday volatility complicates leverage trading
Derivatives exchanges offer up to 100x leverage, but traders must consider how Bitcoin’s intraday volatility increases their liquidation risk. Go to Source Powered by WPeMatico
Data shows the ‘Bitcoin price drops ahead of CME expiries’ claim is a myth
Many traders believe the narrative that Bitcoin price drops ahead of CME BTC futures expiries, but data shows the trend is all bark and no bite. Go to Source Powered by WPeMatico
‘Fear’ grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020
Trader sentiment is verging on “extreme fear,” the Index shows amid echoes of the climate after the March 2020 cross-asset crash. Go to Source Powered by WPeMatico
