Cointelegraph By Rakesh Upadhyay
Bitcoin is facing selling near the 50-day SMA, indicating that the range-bound action may continue for a few days.
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Altcoins showed impressive double-digit gains after Bitcoin bulls successfully pulled BTC price back above the $61,000 level.
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Bitcoin and altcoins are falling toward strong support levels, which appear likely to hold in the short term.
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Bitcoin's range-bound price action could lead traders to focus on NEAR, AR, CORE and BONK.
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Bitcoin and altcoins could be en route to retest their recent strong support levels as bears try to extend the correction.
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Bitcoin and altcoins continue to be rocked by macroeconomic and geopolitical uncertainty, but data shows bulls continue to buy each dip.
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Bitcoin is witnessing profit-booking by short-term holders, but institutional investors continue to put money into BTC investment products.
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Bitcoin (BTC) finally broke above the formidable resistance of $38,000 in the past week and marched closer to $40,000. This move shows that Bitcoin’s trajectory remains up. The bulls will try to maintain the momentum and achieve a strong close to the year, while the bears will try to...
Bitcoin (BTC) rose above $38,000 on Nov. 24, but the bulls could not build upon this strength. This suggests hesitation to buy at higher levels. Bitcoin is on track to form a Doji candlestick pattern on the weekly chart for the second consecutive week. This signals indecision among the...
Traders hate uncertainty; hence, the settlement between Binance, Changpeng “CZ” Zhao and the United States Department of Justice is likely to be viewed as a positive for the cryptocurrency space. Analysts largely remained positive on the deal, but a few sounded cautious due to the Securities and Exchange Commission’s...
