Ether’s short-term pattern has turned bearish with the cryptocurrency finding acceptance under a crucial support.The native token of Ethereum’s blockchain fell more than 8% on Monday, falling below an uptrend line connecting July and September lows.Ether printed a UTC close under the widely-tracked 100-day moving average with the long-held support level of $3,900 turning into … [Read more...] about Ether Breaks Short-Term Bullish Trendline, Support Below $3.3K
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Bitcoin price returns to ‘critical’ pivot zone as $33K stays untouched
Bitcoin (BTC) failed to crack $33,000 on July 14 as a bounce from multi-day lows delivered only modest progress.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price: Fits and starts below $33,000Data from Cointelegraph Markets Pro and TradingView tracked another day of ranging — albeit with increased volatility — for BTC/USD on Wednesday.The pair briefly touched … [Read more...] about Bitcoin price returns to ‘critical’ pivot zone as $33K stays untouched
Bitcoin price falls under $33K, but on-chain data hints at BTC accumulation
As the pressures placed on the market by China’s cryptocurrency crackdown begin to subside and the Bitcoin (BTC) hashrate starts to show signs of recovery, traders are now focused on how the price will be affected by this week's unlocking of more than $550 million worth of Grayscale's GBTC shares.Data from Cointelegraph Markets Pro and TradingView shows that the early morning … [Read more...] about Bitcoin price falls under $33K, but on-chain data hints at BTC accumulation
BTC price regains $33k as Square confirms ‘mainstream’ Bitcoin wallet plans
Bitcoin (BTC) came back to life later on July 9 after a whale-induced price dip failed to hold the market down for much more than 24 hours.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price action returns $33,000 supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD jumping 2% in an hour on Friday, hitting local highs of $33,700 on … [Read more...] about BTC price regains $33k as Square confirms ‘mainstream’ Bitcoin wallet plans
Bitcoin price dips below crucial $33K support as Bitfinex shorts jump by over 5,000 BTC
Bitcoin (BTC) fell below $33,000 support on Thursday as a trusted trading range risked getting invalidated.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingViewTrader: $31,000 retest next for BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping into the $32,000 range during trading on Thursday.The move followed an overnight retracement from … [Read more...] about Bitcoin price dips below crucial $33K support as Bitfinex shorts jump by over 5,000 BTC