Trading

Bitcoin price struggles to breach $27,000 as miners sell 1,000 BTC worth $27 million

Share: Bitcoin price is attempting to defend the $26,500 support. BTC miners seem to be offsetting their losses or paying off their bills to keep their systems running. NASDAQ, on the other hand, seemed unbothered by the macroeconomic conditions adding 2.46%, led by Nvidia's 24% rise. The concerns regarding Bitcoin price re...

Bitcoin Dumped to 2-Week Low, ApeCoin Nosedives 8% (Market Watch)

After several days of trading sideways around $27,000, bitcoin took a turn for the worse and dropped to its lowest price position in almost two weeks. The altcoins are in no better shape, with ETH slipping below $1,800 and ADA dumping by 3% in a day. LDO is among the few exceptions with daily gains. BTC Down to 2-Week Low After the price slumped to $26,500 last week, bitcoin recovered most losses and stood at and above $27,...

Even at current levels, Fantom price is still at risk of tanking 20% as FTM offers no upside potential

Share: Fantom price keeps its head above $0.32, while the risk of more downside hangs in the balance. FTM price could still see some support at $0.30 though the road is open to $0.26. A nosedive move could bring FTM near the 2023 low. Fantom (FTM) price is at risk of imploding after bears have been able to break a substanti...

Binance Coin Is Ready To Recover As It Hovers Above The $300 Support Level

Binance Coin (BNB) has fallen above the current support level at $300. Binance Coin price long term forecast: bearish Since the price decline on May 11, the cryptocurrency asset has been trading above the current support but below the 21-d...

Institutional investors in the US continue to pull out of Bitcoin, unlike Canada

Share: Institutional investment in Bitcoin noted outflows worth over $30 million for the fifth week. ARK Invest's Cathie Woods blamed the regulatory system for the Bitcoin movement losing strength. 3iQ's CEO stated that Canadian institutions view BTC as a significant investment option. Even though Bitcoin price has rallied ...

BTC Rejected at $27.5K, While LDO, LTC Dumped by 6% Daily (Market Watch)

Bitcoin initiated an impressive leg up in the past 24 hours but was violently rejected at the $27,500 resistance level. The altcoins have also turned red on a daily scale, with LTC and LDO losing the most value from the top 36. BTC Stopped at $27.5K As Glassnode informed recently, BTC has been trading in a tight 3.4% range for over a week. In terms of USD numbers, this essentially means that the asset stands between $26,500...

How whale activity fuels Bitcoin cycles: a 2017 vs. 2023 comparison

Share: Bitcoin price rally in 2017 was largely driven by the ICO craze kicked off by Ethereum and a focus on altcoins.  While the 2023 YTD price increase is driven by institutions and large wallet investors, the 2017 cycle was largely supported by retail traders.  Profit rotation from altcoins drove a Bitcoin price rally in 2...

These Are the Critical Levels for BTC in the Immediate Term (Bitcoin Price Analysis)

For the past two weeks, Bitcoin has maintained its range-bound price movement. However, there are several indicators pointing toward an imminent breakout. Technical Analysis By Edris The Daily Chart The price has been consolidating within a narrow range on the daily timeframe for the last 7 days. This consolidation follows the market’s downward rejection at the $30K resistance level and the subsequent breakdown of the 50-da...

TRON Pullback After The High Of $0.079

The price of TRON (TRX) continued its rise after breaking the $0.071 resistance. TRON price long term forecast: bullish The previous trend came to a halt as soon as the altcoin reached its peak of $0.071. As a result, the price of TRON fell...

Conflux (CFX) Skyrockets 16%, Bitcoin (BTC) Reclaims $27K (Market Watch)

After slipping to $26,600 on Bitcoin pizza day, the cryptocurrency reversed its trajectory and shot up by almost a grand. The altcoins are also slightly in the green, with ETH, MATIC, SHIB, TRX, and AVAX jumping by around 3% daily. BTC Reclaims $27K The primary cryptocurrency has been stuck in a relatively tight range for the past week or so, which was also acknowledged by Glassnode yesterday. The analytics resource informe...
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