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Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure


As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance...

Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn 


The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment has turned bearish, with increased selling pressure...

Bitcoin Technical Analysis: BTC Shows Promising Signs Across All Time Frames


Bitcoin’s price currently stands at $71,347, showing an impressive rise within the 24-hour intraday range of $70,065 to $71,595. With a trading volume of $25.17 billion and a market capitalization of $1.4 trillion, bitcoin has gained 4.9% this week, 5.6% over the past two weeks, and 14.4%...

DigiToads flying high; ETH & BTC drops to key support levels


Consolidation weaknesses in the price for some top coins in the crypto markets continue to dampen the growth prospects of some altcoins. Despite this, DigiToads is still flying high, as evidenced by its presale raising over $4.8 million, and it continues to power on even at Lilypad eight. As things...

Biggest Movers: SOL, MATIC Move Away From Key Support Levels on Saturday


Solana climbed for a third consecutive session, as crypto markets rebounded to start the weekend. At the time of writing, the global market cap rose by 3.3%, as bullish sentiment returned. Polygon was another notable gainer, surging by over 5% on Saturday. Solana (SOL) Solana (SOL) raced to...

Bitcoin and Ethereum Hold Key Support Levels, TRX Accelerates


  Bitcoin price started another decline from the USD 30,500 resistance zone and dropped below the USD 29,500 support level. However, it is currently (11:45 UTC) consolidating near USD 29,300 and still holds the key USD 28,500 support level. BTC is down almost 4% in a day and 2% in a week.... Read...

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