Bitcoin’s price is undergoing increased volatility fueled by the SEC-ETF controversy and a false SEC tweet announcing ETF approval.
However, the price encounters a significant resistance zone, and a breakthrough will possibly initiate a robust upward trend, aiming for new ATHs in 2024.
Technical Analysis
By Shayan
The Daily Chart
A thorough examination of the daily chart reveals Bitcoin’s prolonged uptrend since January 202...
Bitcoin went through another roller coaster yesterday when the US SEC Twitter account was informed that the agency had approved a spot ETF, which later turned out to be fake news due to the compromise of said account.
Interestingly, while most altcoins are with losses today, ETH has gone on the offensive and sits above $2,400 after a 5% daily increase.
BTC’s Insane 24 Hours
With the deadlines for many of the applications cu...
Coinidol.com, the world blockchain news magazine has received a request from the Gosai Law firm to remove Dan Khomenko's name from the article.
The letter from Krish Gosai LLB (Hons.), LLM, Managing Partner, states:
“Our firm has revie...
After a few days of trading sideways at around $44,000, BTC initiated jumped on two separate occasions yesterday, but the second took the asset above $47,000 for the first time since early April 2022.
Most altcoins are also in the green today, which has helped the total market cap gain roughly $100 billion within 24 hours.
BTC Soars to $47K
After the highly volatile start of the year, in which BTC pumped to almost $46,000 b...
Polygon (MATIC) price sinks below the moving average lines. Polygon price analysis by Coinidol.com.
Long-term Polygon price prediction: Bearish
On December 27, the altcoin peaked at $1.09 before starting to fall. The resistance at $0.84 and t...
The price drop on January 3 had a significant impact on the worst-performing cryptocurrencies: HNT, BONK, MINA, IOTA, EGLD.
The fall of cryptocurrencies below the moving average lines has ended the current rise.
Helium
The price of Heli...
Bitcoin’s price is continuing its gradual rise toward the $48K resistance level following a few weeks of consolidation. While the trend lacks momentum, the price might be about to begin an aggressive rally higher.
Technical Analysis
By TradingRage
The Daily Chart
On the daily timeframe, the price has been consolidating above the $40K level for the last few weeks. However, it is climbing higher, approaching the $48K resistan...
Bitcoin dipped to almost $43,000 over the past 24 hours but has managed to erase most losses and currently stands close to $44,000 once again.
In contrast, most alternative coins continue to bleed out, with ADA, MATIC, UNIS, and SHIB losing more than 5% daily once again.
BTC Calms at $44K
The primary cryptocurrency faced enhanced volatility at the start of the new year, with a massive price surge to almost $46,000 on Tuesda...
The price of Ethereum (ETH) has ended its upward trend. Price analysis by Coinidol.com.
Ethereum price long-term analysis: fluctuation range
After the price drop on January 3. Ether fell below the moving average lines during the price dip on ...
After the highly volatile first business week of the new year, BTC has calmed slightly and remained at around $44,000.
Most altcoins are also quieter today, but the weekly charts showcase a different story, with numerous ups and downs.
BTC Stalls at $44K
It’s safe to say that the first week of 2024 was quite eventful. It all started with a massive leg-up on Tuesday that drove the primary cryptocurrency to a 21-month peak at...
