ETH traders hint that the bull market could be back after Ethereum price hit $3,000 for the first time in 79 days.
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ETH traders hint that the bull market could be back after Ethereum price hit $3,000 for the first time in 79 days.
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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.
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Hopes of an eventual BTC ETF approval and a rebound off a key support level pushed Bitcoin price well above the $40,000 level, but can the bulls sustain the current volume?
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Traders identify $40,000 as the pivotal level Bitcoin price needs to trade above in order to avoid a revisit of July’s swing low.
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Bitcoin traders are at odds about where BTC price may head after it failed to flip the $40,000 level to support.
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Bitcoin price sold off below $37,000 shortly after topping $40,500, leading analysts to caution that bears still have a few tricks up their sleeves.
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BTC price inched toward 2020’s support with traders expecting more gains if a breakout occurs.
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A lack of institutional demand and several bearish factors are complicating all efforts to pull Bitcoin price back above the $31,000 level.
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