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Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29K, With Key US Economic Events Looming
24.7.2023
Bitcoin neared a breakout below the $29,000 level on Monday, as traders prepared for this week’s Federal Reserve rate decision. In addition to the Fed meeting, consumer confidence data will also be released from the United States. Ethereum hit a three-week low. Bitcoin Bitcoin (BTC) was...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Following Volatile Week of Trading
22.7.2023
Bitcoin consolidated around the $30,000 level to start the weekend, as traders attempted to find a firm price floor on Saturday. The market has been volatile during the past week, as recent winners took profits, following the XRP-related bull run. Ethereum remained below $1,900 on Saturday. Bitcoin...
Bitcoin Price Prediction as $10 Billion Trading Volume Comes In To Hold $30,000 Level – Where is BTC Going Next?
22.7.2023
As Bitcoin's trading volume reaches $10 billion, the cryptocurrency stands firm at the $30,000 level, sparking discussions about its next move.
Currently trading at around $29,900 with a less than 0.10% increase on Saturday, Bitcoin remains a subject of interest for investors and traders alike. ...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000 on Friday, a Week After XRP Ruling
21.7.2023
Bitcoin dropped below the $30,000 level on Jul 21, as market sentiment continued to trend lower in today’s session. This comes a week after cryptocurrency markets surged following the XRP ruling, however momentum has since faded as a result of profit taking. Ethereum was also down on Friday....
Bitcoin, Ethereum Technical Analysis: Bitcoin Consolidates Below $31,000, as Traders Digest Recent Economic Data
13.7.2023
Bitcoin retreated from recent gains on Thursday, as traders were unable to sustain a breakout of a key resistance level. Market volatility has risen following yesterday’s U.S. inflation report, which dropped to a two-year low. Ethereum was marginally lower, slipping below $1,900. Bitcoin...
Bitcoin, Ethereum Technical Analysis: ETH Over $1,900 as Greenback Weakens on Tuesday
11.7.2023
Ethereum moved briefly above the $1,900 level on Tuesday, as the U.S. dollar weakened versus several G7 currencies. The biggest fall came versus the British pound, with USD/GBP hitting a 15-month low. Bitcoin also rose higher, climbing past $31,000 earlier in the day. Bitcoin Bitcoin (BTC) moved...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates to Start Weekend, ETH Remains Below $1,900
8.7.2023
Bitcoin was hovering near the $30,000 level to start the weekend, as markets continued to digest the latest U.S. nonfarm payrolls report. Payrolls came in at 209,000, less than the 225,000 expected, putting slight doubt in a potential July rate hike. Ethereum continued to trade below $1,900...
Bitcoin Price Prediction as BTC Builds Strong Support at $30,000 Level – Where is BTC Going Next?
8.7.2023
Bitcoin, the leading cryptocurrency, has been gaining momentum as it establishes a strong support level at $30,000. The recent insights from industry experts add an interesting perspective to Bitcoin's future.
According to Arthur Hayes, the former CEO of BitMEX, Bitcoin has the potential...
Bitcoin Price Prediction as BTC Tumbles Down to $30,000 Level – Will it Fall Lower?
7.7.2023
Bitcoin (BTC), the dominant cryptocurrency, experienced a downturn as it encountered selling pressure near the $30,202 threshold.
The release of the Federal Open Market Committee (FOMC) minutes played a role in this downward trend.
However, amidst the market turbulence, renewed optimism...
3 reasons why Bitcoin's price is primed to hold the $30,000 level as support
7.7.2023
Bitcoin price has been showing weakness near the $30,000 level, but multiple data points highlight the fact that bears remain at a disadvantage
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000 Ahead of US Nonfarm Payrolls
7.7.2023
Bitcoin dropped below the $30,000 level on Friday, ahead of the upcoming nonfarm payrolls (NFP) report in the United States. Today’s report comes as private sector jobs rose by 497,000 in the last report, double the expected number. Friday’s NFP is projected to come in at 225,000....
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to Fresh 1-Year High Above $31,000
4.7.2023
Bitcoin moved back above the $31,000 level on July 4th, as U.S. traders celebrated the Independence Day holiday. As a result of the rally, the cryptocurrency remained near a one-year high in today’s session. Ethereum consolidated after Monday’s gains. Bitcoin Bitcoin (BTC) moved...
Bitcoin Price Prediction as BTC Blasts Past $30,000 Level in Huge Move Up – What's Going On?
4.7.2023
The cryptocurrency market has witnessed a momentous event as Bitcoin (BTC) price catapulted past the significant $30,000 level, sending shockwaves throughout the industry.
As market participants grapple with this meteoric rise, two notable developments have emerged, shedding light on the evolving...
Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,900, Hitting a 2-Month High to Start July
1.7.2023
Ethereum entered the month of July in the green, as price traded at a two-month high to start the weekend. Markets moved to rebound on Saturday, after better than expected consumer sentiment data in the United Stated spooked traders. Bitcoin also rebounded, after falling below $30,000 on Friday....
Bitcoin, Ethereum Technical Analysis: BTC Remains in the Green, Ahead of US Consumer Sentiment Report
30.6.2023
Bitcoin remained close to the $31,000 level on Friday, as momentum in the market continued to be bullish heading into the weekend. This comes ahead of the anticipated consumer sentiment report from the United States, which is expected to show an increase in overall consumer confidence. Ethereum...
Bitcoin Price Prediction as BTC Bulls Defend the $30,000 Level – When is the Next Leg Up?
27.6.2023
The leading cryptocurrency, Bitcoin's price, is currently at a pivotal juncture as it defends the critical $30,000 level.
Recent developments in the crypto market have added to the anticipation surrounding Bitcoin's future trajectory.
In breaking news, financial giant Fidelity is reportedly...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Ahead of US Consumer Confidence Report
27.6.2023
After a three-day losing streak, bitcoin rebounded on Tuesday, ahead of the upcoming consumer confidence report in the United States. Price briefly fell below the $30,000 level earlier in the session, however bullish momentum has since returned. Ethereum rose above $1,900 for a short period....
Bitcoin, Ethereum Technical Analysis: BTC Stays Above $30,000, Despite Traders Moving to Secure Recent Gains
23.6.2023
Bitcoin consolidated around the $30,000 level on Friday, as traders attempted to maintain bullish sentiment following recent gains. The world’s largest cryptocurrency briefly dropped below this point earlier in the day, before bulls swept in to buy the dip in price. However, ethereum fell...
Bitcoin Price Prediction as BTC Rockets Past $30,000 Level for The First Time Since April – Can BTC Keep Rising?
22.6.2023
Bitcoin's price has surged above the $30,000 level, marking a significant milestone not seen since April.
This remarkable rally prompts the question: Can Bitcoin sustain its upward momentum and continue to rise?
However, it is important to note that Bitcoin faces solid resistance near...
Bitcoin, Ethereum Technical Analysis: BTC Above $30,000, ETH Hits $1,900 Following Moving Average ‘Death Cross’
22.6.2023
Bitcoin extended recent gains on Thursday, climbing above the $30,000 level for the first time since April, and ahead of Fed Chair Powell’s testimony today. The move also came following a death cross of moving averages, which prompted bulls to intensify buying pressure. Ethereum moved to...