Bitcoin price is holding gains above the $48,250 and $48,500 support levels. The price is trading above $48,850 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $48,750 on the hourly chart of the BTC/USD pair (data feed from Kraken...
BitcoinBTCis pressuring newly-won support levels this week as geopolitical uncertainty raises the stakes for risk assets. Afteran impressive monthly close, momentum appears to be waning for Bitcoin's latest gains, data fromCointelegraph Markets ProandTradingViewshows, and stock markets are not ...
Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market cap, have both crashed below key support levels in recent days. BTC has fallen and is staying below the psychological level of $40.000. At last check, the coin was changing hand
Bitcoin disappointed after its latest weekly close, dropping steadily to hit $62,128 on Bitstamp, data fromCointelegraph Markets ProandTradingViewconfirms. BTC/USD 1-day chart. Source: TradingView This represents its lowest levels since May 15, and with the weekly and quarterly close due in the ...
Ethereum Price Chart – Source: Tradingview For instance, the ETH/USD pair has surpassed the 50-day moving average, which is now acting as a support near $1,315. The RSI and MACD are pointing to a bullish trend, and the recent bullish engulfing candle may add to that. ...
Bitcoin Price Chart – Source: Tradingview A notable development in Bitcoin’s chart is the completion of the 38.2% Fibonacci retracement at the $41,650 mark. A breakdown below this level could see the next support forming around the $40,600 mark, corresponding to the...
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In an ongoing expression of the difficulty of reclaiming higher ground as support, BTC price action is now back around the $37,000 mark as of Nov. 20, per data fromCointelegraph Markets ProandTradingView. “Considerable supply above price & towards $40K,” popular trader Skewnotedin part of...
Where is the key support level for$BTC? $840M worth#Bitcoinwas purchased in futures markets via market orders whenever the price approached $60K yesterday. Taker Buy/Sell Volume helps to figure out key support/resistance levels. Set an alert herehttps://t.co/URSHem9Swbpic.twitter.com/ygh...
Bitcoin Price Prediction – Source: Tradingview Conversely, immediate support forms at $58,852, with further downside protection seen at $56,677 and $54,327. The RSI at 54 indicates a relatively neutral market stance, while the 50-day EMA at $62,375 provides underlying support ...