Bitcoin (BTC) touched $58,000 on Thursday as the latest phase of its comeback seemed to come at the expense of altcoins.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin claws back lost limelightData from Cointelegraph Markets Pro and TradingView showed BTC/USD’s return to battle familiar resistance near old all-time highs on Thursday.The move builds on … [Read more...] about Bitcoin clips $58K as Dogecoin stalls and adoption news fuels bulls
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Bitcoin Traders Yet to Show Confidence in BTC’s Recent Drive to $58k
Bitcoin closed the month of April at a value of $57,630Bitcoin would push higher to a local peak of $58,458 – Binance rateBTC traders are not too convinced that the push to $58k is a bullish oneInstitutional investors are still accumulating BitcoinBTC analyst, MagicPoopCannon, still believes Bitcoin could hit $80k – $90kYesterday’s monthly close was a relief for Bitcoin as the … [Read more...] about Bitcoin Traders Yet to Show Confidence in BTC’s Recent Drive to $58k
Bitcoin reclaims $58k as bulls eye historically bullish April
BTC price could rally higher in April and record new highs above $60k Bitcoin has jumped above $58k after holding off sellers near $57,700, with analysts suggesting BTC/USD could rally much higher in April. A positive price movement now suggests a higher monthly close could see investors head into historically bullish April with targets much higher than the all-time high of … [Read more...] about Bitcoin reclaims $58k as bulls eye historically bullish April
Altcoins sell-off after Bitcoin price rejects near its $58K all-time high
Optimism continues to percolate in the cryptocurrency sector on as recent gains in Bitcoin (BTC) have helped push the valuation of the top-ranked cryptocurrency past that of the South Korean won.Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin experienced a wave of selling in the early hours that pushed the price to a low of $54,948 before bulls … [Read more...] about Altcoins sell-off after Bitcoin price rejects near its $58K all-time high