Bitcoin jumped to a one-year high to start the weekend, as the token climbed above $31,000 late on Friday night. After starting the month mostly in the red, prices have strongly rebounded this past week, rising by as much as 15%. Additionally, ethereum was briefly back above the $1,900 mark. Bitcoin Bitcoin (BTC) bulls once […]
Author: Eliman Dambell
Bitcoin, Ethereum Technical Analysis: BTC Stays Above $30,000, Despite Traders Moving to Secure Recent Gains
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 below a recent high above $1,900. Bitcoin Bitcoin remained above the […]
Bitcoin, Ethereum Technical Analysis: BTC Above $30,000, ETH Hits $1,900 Following Moving Average ‘Death Cross’
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 a multi-month high. Bitcoin Bitcoin moved above the $30,000 […]
Bitcoin, Ethereum Technical Analysis: BTC Bulls Recover SEC Related Losses, as Price Moves Near $29,000
Bitcoin rallied to a six-week high on Wednesday, as price moved to the cusp of a breakout above the $29,000 level. Today’s surge sees bulls recover almost all of the losses that came after the Security and Exchange Commission (SEC) sued Binance and Coinbase. Ethereum also climbed higher, rising above $1,800. Bitcoin Bitcoin (BTC) raced […]
Bitcoin, Ethereum Technical Analysis: BTC Climbs to 2-Week High on Tuesday, Rising Above $27,000
Bitcoin rose above $27,000 for the first time in two weeks, as price broke out of a key resistance level on Tuesday. Bullish sentiment continues to make a gradual return, following recent market weakness. Ethereum remained over the $1,700 level during today’s session. Bitcoin Bitcoin rose to a two-week high on Tuesday, as bullish sentiment […]
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Monday, After Recovering Recent Losses
Bitcoin consolidated Monday, after recovering recent losses over the weekend, setting the stage for a potential rally this coming week. Price traded close to a one-week high on Monday, marginally below a key resistance level. Ethereum also rebounded, and is now hovering near a support point of its own. Bitcoin After dropping to a three-month […]
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 a one-week high on Saturday, as crypto […]
Bitcoin, Ethereum Technical Analysis: BTC Nears $27,000, as Bulls Make a Comeback
Bitcoin bounced back strongly to start the weekend, as prices moved closer to the $27,000 mark in today’s session. After a recent spell of consolidation, bulls returned to action, buying the recent dip in the process. Ethereum was also higher, closing in on $1,800 on Saturday. Bitcoin Bitcoin (BTC) surged on Saturday, as bulls of […]
Bitcoin Price Outlook for June
Halfway through June, crypto markets have been rocked by several macro factors, which have brought bears to return to action. Bitcoin has moved below $25,000 for the first time since March, as the Security and Exchange Commission (SEC) sued both Binance and Coinbase. The Federal Reserve has also paused its rate hike policy, with traders […]
Biggest Movers: SHIB Remains Close to 21-Month Low, Following Recent Bear Run
Despite a slight rebound in price, shiba inu remained near its lowest level in 21 months during Friday’s session. Overall, the global cryptocurrency market cap was marginally higher, climbing by 1% as of writing. XRP was an exception, dropping to a three-week low today. Shiba Inu (SHIB) Shiba inu (SHIB) moved away from its lowest […]