Bitcoin (BTC) was on track to lose nearly $3,000 this week as a weekend of mixed price behavior came to an end.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader hopes for last-minute BTC price volatility Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at just above $31,500 late Sunday — a potential -$2,800 weekly candle.BTC/USD 1-week … [Read more...] about $31.5K Bitcoin price on track for lowest weekly close of 2021
Weekly
Bitcoin rebounds to $56K as Dogecoin price halts at 420% weekly gains
Bitcoin (BTC) saw a staunch comeback on Tuesday thanks to fresh bullish news from PayPal combined with solid on-chain indicators. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView#Doge420 aims to sprout $4.20 DogecoinCointelegraph Markets Pro and TradingView showed BTC/USD bouncing to $56,000 during Tuesday trading, hours after hitting local lows of $53,300.With … [Read more...] about Bitcoin rebounds to $56K as Dogecoin price halts at 420% weekly gains
Staking app support tops 700% weekly gains for new cryptocurrency top 100 entrant
A new entrant climbed into the cryptocurrency market cap top 100 on March 16, after a 75% overnight surge compounded 700% weekly growth for blockchain enterprise project Orbs (ORBS).One day previously, Orbs had been announced as the latest addition to Moonstake’s staking wallet, which returns interest to users who stake their cryptocurrencies. The partnership between Orbs and … [Read more...] about Staking app support tops 700% weekly gains for new cryptocurrency top 100 entrant
Bitcoin looks to climb above $47K after bearish weekly close
Bitcoin (BTC) price has crossed above $47,000 and could eye a fresh rally towards a new all-time peak above $58k Bitcoin price has gained over 5% in the past 24 hours, trading at highs of $47,400 as strong buying pressure pushes it further above the major support level found at $46,700. Bitcoin weekly chart The weekly close for Bitcoin (BTC) completed a bearish pattern that saw … [Read more...] about Bitcoin looks to climb above $47K after bearish weekly close
Why $7,050 is the Level to Watch During Bitcoin’s (BTC) Weekly Close
In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300. At the same time, its trade volume has been dropping together with its dominance in the crypto markets. In our analysis of Bitcoin (BTC) a few hours ago, we were cautiously optimistic that the King of Crypto was on a slow and tense journey towards $8,000. We also identified a few support zones … [Read more...] about Why $7,050 is the Level to Watch During Bitcoin’s (BTC) Weekly Close