Cointelegraph By William Suberg
Bitcoin (BTC) trended toward a $40,000 retest on Feb. 12 as BTC price action bore out analysts' predictions.Others meanwhile called time on the potential scope of Bitcoin's longer-term downside."For those waiting for sub 30k $BTC, may the crypto gods be with you because the odds are not," popular...
Bitcoin (BTC) hovered above $43,000 on Feb. 11 as volatility waned after a fresh local peak.Support and resistance zones narrowData from Cointelegraph Markets Pro and TradingView showed BTC/USD awaiting a trigger to test either support or resistance nearby as Wall Street opened on Feb. 11.The largest cryptocurrency had seen...
Bitcoin (BTC) has a “possibility” of winning back more lost ground this month, but a retest of $40,000 may test bulls beforehand.In its latest market update on Feb. 11, trading suite Decentrader voiced cautious optimism over BTC price action.Derivatives turn complementaryAfter rallying above $45,500 on the back of United States...
Cryptocurrency exchanges now have more stablecoins on their books than ever before in a fresh sign investors are waiting to buy Bitcoin (BTC) and altcoins.Data from on-chain analytics platform CryptoQuant shows that this week, exchanges' total stablecoin reserves passed 27 billion for the first time.Exchange users herd stablecoins...
Bitcoin (BTC) hovered around $44,000 on Feb. 9 as a modest uptick towards the Wall Street open provided relief for support levels. Melt-up or breakdown?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in the range defined in recent days without significant downside pressure.Circling $44,000, traders were mostly preoccupied...
Bitcoin (BTC) hit new multi-week highs above $45,000 on Feb. 8 as the largest cryptocurrency's comeback continued.$40,000 becomes popular retest targetData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $45,500 on Bitstamp in its latest surge before consolidating.Volatility was once again in evidence as the pair fluctuated by...
Bitcoin (BTC) is in a fighting mood this week as the weekly close buoys bulls’ cause and wipes out several weeks of downside — can it continue higher?After challenging $42,000 over the weekend, there was a cautious sense of optimism as higher levels remained in play. Sunday saw...
Bitcoin (BTC) zoned in on a multi-week high for the weekly close on Feb. 6 as a calm weekend helped fragile sentiment."Constructive" market needed for altcoin gainsFellow trader Pentoshi meanwhile said that the time could soon be right to take a position in altcoins.Relative: This bullish Ethereum options trade...
Bitcoin (BTC) held above $41,000 into the weekend after a late surge Friday took the largest cryptocurrency to two-week highs."The only good bear is a dead bear"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining newly re-won ground Saturday, with the pair's correlation to stock makets firmly in...
Bitcoin (BTC) returned to $40,000 for the first time in two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls.Analysts, who were keenly eyeing the area at $39,600 to be tested and held, were equally unsurprisingly optimistic."Well, I think people start feeling FOMO,"...
