Bitcoin and most major altcoins are meeting resistance at higher levels but the bearish sentiment of the last two months seems to be reducing. Source link … [Read more...] about Price analysis 7/23: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
BTC
Price Analysis: Bitcoin (BTC), Ethereum (ETH), Tezos (XTZ)
BTC, ETH, and XTZ have all rebounded above critical support levels, but remain vulnerable to downward pressure Ethereum’s ETH has correlated highly with BTC in 2021, and the latter’s uptick on Thursday also saw ETH/USD surge to break above $2,000. Popular crypto trader Michael van de Poppe suggests Bitcoin’s reclaiming of support at $31,000 could help it surge to $40k. … [Read more...] about Price Analysis: Bitcoin (BTC), Ethereum (ETH), Tezos (XTZ)
Price analysis 7/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
The strong recovery in Bitcoin and altcoins shows there is aggressive buying at lower levels but bears are unlikely to give up without a fight. Source link … [Read more...] about Price analysis 7/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Institutional demand for Bitcoin evaporates as BTC struggles below $31K
The rocky road that Bitcoin (BTC) has been on for the past two months continues as a widely predicted move downward materialized in the early hours on Monday and dropped the price of BTC below $31,000. Data from Cointelegraph Markets Pro and TradingView shows that a wave of mid-day selling pushed the price of BTC to a low of $30,400 before bulls arrived to provide support and … [Read more...] about Institutional demand for Bitcoin evaporates as BTC struggles below $31K
$13K Bitcoin price predictions emerge with BTC falling below historic trendline
Bitcoin (BTC) prices broke below a long-standing support wave, which was instrumental in keeping its strong bullish bias intact after March 2020's crypto market crash.Dubbed as the 50-week simple moving average, or 50-week SMA, the wave represents the average price traders have paid for Bitcoin over the past 50 weeks. Over the years, and in 2020, its invalidation as price floor … [Read more...] about $13K Bitcoin price predictions emerge with BTC falling below historic trendline