Traders look for Bitcoin price daily close at $41K to confirm bullish reversal
Bitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action. Go to Source Powered by WPeMatico
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Bitcoin derivatives data shows pro traders ignored today’s $41K pump
Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish. Go to Source Powered by WPeMatico
Algorand (ALGO) price strengthens as institutional investors back the project
Backing from institutional investors and a series of new partnerships could help ALGO break from its current range in the coming week. Go to Source Powered by WPeMatico
Price analysis 6/14: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
Bitcoin’s surge above $40,000 and the breakouts from select altcoins may be signals that the bottoming process has begun. Go to Source Powered by WPeMatico
Analyst Claims Bitcoin Will Break $40K Threshold, S2F Audit Shows BTC Could Tackle $85K by Year’s End
Bitcoin prices have been range-bound and consolidating for quite some time but jumped over 9% in the last 24 hours after Elon Musk’s tweet on Sunday. A number of crypto analysts are still unsure about bitcoin’s future price while a few expect a rebound from last month’s lows. One market report notes that bitcoin will … Read more
Bitcoin price moves toward $40K as on-chain and technical analysis favor bulls
Bitcoin price is still 38% away from its all-time high but a handful of technical indicators suggest bulls are gathering strength. Go to Source Powered by WPeMatico
Top 5 cryptocurrencies to watch this week: BTC, AAVE, KSM, ALGO, TFUEL
AAVE, KSM, ALGO and TFUEL are showing signs of strength while Bitcoin bulls attempt to push BTC price over $38,000. Go to Source Powered by WPeMatico
Here’s how Bitcoin’s impending death cross could be a contrarian buy signal
Bitcoin traders are sitting on their hands after spotting a death cross on the daily chart but could this be a buy signal for contrarian investors? Go to Source Powered by WPeMatico
Stock-to-Flow Creator Says ‘$288K Still in Play,’ Mike McGlone Sees an ‘Ace up Bitcoin’s Sleeve’
The popular Twitter account and creator of the bitcoin stock-to-flow (S2F) price model explained that “$288K [is] still in play.” Meanwhile, data from the exchange Deribit shows there’s over 425 bitcoin call options with a strike price of $200K set for December 31, 2021. Plan B Says: ‘$288K Still in Play’ On June 12, 2021, … Read more
Ethereum’s $1.5B options expiry on June 25 will be a make-or-break moment
Bulls and bears are equally nervous about the possible outcome of the June 25 $1.5 billion Ethereum options expiry. Go to Source Powered by WPeMatico