Category

Is Bitcoin Back in a Bull Market? Multiple Factors Drive Price Above $67,000Bitcoin's price surged past $67,000 per coin on the evening of October 15th, Beijing time, marking its highest point since July 30th. As of October 16th, 7:47 PM, the price has reached $68,400 per coin, reflecting a 4

Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to WatchBitcoin touched the downtrend line yesterday with increased supply, indicating a risk of pulling back to the bottom support of the consolidation zone. Bitcoin tested the bottom of the range last night as expected and bounced back, pulling back nearly 2%

Bitcoin Pullback Nears $60,000, Ethereum Retests Uptrend Line; Proceed With CautionBitcoin pulled back to near $60,000 overnight, a drop of roughly 3%, which while expected, broke through the key support level of $61,000, raising market concerns. The volume on the breakout of $61,000 was significant, indicating a potential stronger pullback than anticipated

Bitcoin Price Pulls Back, Bears Regain Control, $60,000 Support at RiskDespite showing signs of a rebound after briefly breaking above $66,000, Bitcoin's price has fallen again under continued pressure from bears. Failure to break above the MA-200 further adds to the bearish sentiment, suggesting the recent rally may be short-lived and could face significant downside risk in the future

Could Trump Be Back In The White House? Bernstein Analysts Say Bitcoin Could Surge To $80,000-$90,000Analysts at research and brokerage firm Bernstein have reiterated their prediction that Bitcoin could reach an all-time high of $80,000 to $90,000 if Donald Trump wins the US election next month. The prediction comes from a recent divergence in Trump's odds on Polymarket, a platform considered the world's most liquid for election prediction

Cryptocurrency Market Pulls Back, Bitcoin Drops Below $62,000, Meme Coins Give Up GainsThe cryptocurrency market remains volatile as buyers and sellers clash, with Bitcoin prices pulling back and meme coins giving up recent gains. Following yesterday's rally, most cryptocurrencies are currently in the red, experiencing a correction that has wiped out recent gains

Bitcoin and Ethereum Market Analysis: Potential Pullback After Short-Term RallyOn September 24, 2024, the Bitcoin (BTC) and Ethereum (ETH) markets continued to fluctuate. While there has been a recent rebound, analysts believe that the risk of a pullback still persists

Bitcoin Pullback After Rise, Exercise Caution! Short-Term Trading Strategy and Risk WarningBitcoin's price has been volatile recently, significantly increasing the risk of entry. For short-term traders, it is recommended to rationally plan your positions, cut losses when necessary, and avoid being caught off guard

Middle East Tensions Douse Bitcoin's October Rally Hopes, Short-Term Pullback Tests Bullish Resilience

BTC Price Surges Post-Fed Rate Cut, But FOMO Signals Potential Pullback?Following the Federal Reserve's announcement of a rate cut, Bitcoin's price rallied significantly, hitting a three-week high. However, the momentum has since calmed down, with the price starting to pull back

Bitcoin and Ethereum: A Game of Breakouts and PullbacksBitcoin successfully broke through a small-scale head-and-shoulders pattern on the 4-hour chart and retested the downtrend line and resistance area above. While this surge last night was swift, there is a risk of a pullback, as the daily chart still shows supply at the resistance level

Bitcoin Back Above $60,000! Can It Break Through $66,000 This Month?Bitcoin's price gained 2.20% in the past 24 hours, reaching a high of $59,976