Bitcoin (BTC) fell below $62,000 on Oct. 26 as the launch of the third United States regulated exchange-traded fund (ETF) failed to budge the sideways price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$61,600 support target for BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting daily lows as U.S. markets opened on Oct. 26.The … [Read more...] about BTC price dips below $62K on VanEck Bitcoin ETF launch day
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Bitcoin at $62K ‘great buy’ before next surge, says fund manager
Bitcoin (BTC) looked set to retest previous all-time highs on Thursday as a fund manager called it a “great opportunity to buy.”BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCointelegraph Markets Pro and TradingView showed a 3.3% daily comedown for BTC/USD taking aim at new support levels on Thursday.Bitcoin outlook “wildly bullish”After surging to nearly $65,000 … [Read more...] about Bitcoin at $62K ‘great buy’ before next surge, says fund manager
Bitcoin price faces downside correction after flirting with $62k
Bitcoin (BTC) price reached a new all-time high of $61,803 on 13 March 2021 Last weekend, BTC price pushed past resistance at $58,000 and $59,000 to reach the landmark $60,000 level against the US dollar. The cryptocurrency even broke above $61k to register a new all-time high of $61,883. However, although still in a bullish uptrend, Bitcoin price looks set for a short-term … [Read more...] about Bitcoin price faces downside correction after flirting with $62k