Tag: Bitcoin (BTC) Price

This is The Next Key Resistance for BTC: Bitcoin Price Analysis

This is The Next Key Resistance for BTC: Bitcoin Price Analysis

Following a steady weekend, Bitcoin maintains the $42K range. Considering the options market strike prices and the technical analysis, bitcoin is expected to fluctuate in the $40K – $47K range in the next short term. Onchain data shows that long-time holders recently slowed down their selling pressure, and it seems that BTC is under consolidation. Options […]

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After Volatile Week BTC Reclaims $43K, Litecoin Spikes 8% (Market Watch)

After Volatile Week BTC Reclaims $43K, Litecoin Spikes 8% (Market Watch)

After yesterday’s drop to sub-$42,000 levels, bitcoin bounced off and spiked to around $43,000. Most altcoins are slightly in the green as well on a daily scale, with BNB nearing $500 and more impressive gains from Litecoin and ATOM. Bitcoin Touches $43K The past several days seemed quite positive for the primary cryptocurrency. The asset […]

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Bitcoin Price Analysis: Another Test of $44K – $45K Resistance Incoming for BTC?

Bitcoin Price Analysis: Another Test of $44K – $45K Resistance Incoming for BTC?

Similar to the consolidation in May-July 2021, the market is forming a significant supply/demand level in the $40K-$42K range. Aside from the short-term price trend, the mentioned area will be a significant support (or resistance) for long-term price actions. Technical Analysis Many analysts believe the $40K-$42K zone resembles the $30K-$32K range in May-July. Since December […]

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Bitcoin Tests $44K, Tesla Accepts Dogecoin, and More: This Week’s Crypto Recap

Bitcoin Tests $44K, Tesla Accepts Dogecoin, and More: This Week’s Crypto Recap

For the first time in quite a bite, the past seven days have turned out to be positive for Bitcoin, although the overall cryptocurrency market is slightly down throughout the same period. Data from CoinGecko shows that the market capitalization is down some $40 billion. Starting with Bitcoin, its price was hovering around $41,000 this […]

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Only 5% of JPMorgan’s Clients Believe Bitcoin Will Reach $100,000 in 2022 (Report)

Only 5% of JPMorgan’s Clients Believe Bitcoin Will Reach $100,000 in 2022 (Report)

According to a recent survey, the vast majority of JPMorgan customers do not expect bitcoin to reach $100,000 in the following 12 months. Still, more than 40% of the participants expect the asset to sit at around $60,000 by the year’s end. JPMorgan Clients Do Not Expect BTC at $100K This Year The largest cryptocurrency […]

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Bitcoin Struggles at $42K Ahead of New Week, AVAX Up 6% (Market Watch)

Bitcoin Struggles at $42K Ahead of New Week, AVAX Up 6% (Market Watch)

Following the latest price corrections, bitcoin attempted a quick recovery in the past 24 hours but was stopped at its tracks at nearly $43,000. Most altcoins are slightly in the green, while a few have produced more impressive increases, such as Avalanche and Polygon. Bitcoin Stopped Before Reaching $43K The primary cryptocurrency has been on […]

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$300B Gone From Crypto Markets in 3 Days: Bitcoin Dipped Below $41K (Weekend Watch)

$300B Gone From Crypto Markets in 3 Days: Bitcoin Dipped Below $41K (Weekend Watch)

Bitcoin’s situation worsened once more hours ago as the asset dropped to a new three-month low beneath $41,000. Most altcoins are in a similar position today, and the overall losses from the past three days grew to $300 billion. Bitcoin’s Latest 3-Month Low It’s safe to say that the primary cryptocurrency has seen better days. […]

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Weekend Watch: After Volatile Week BTC at $42K, LINK Explodes 13%

Weekend Watch: After Volatile Week BTC at $42K, LINK Explodes 13%

After the enhanced fluctuations in the past several days, bitcoin finally calmed around $42,000. The situation with the altcoin is quite similar, except for Chainlink. LINK surged by 13% and trades above $26. Bitcoin Sits Still at $42K It’s safe to say that the past few days didn’t go well for the primary cryptocurrency. On […]

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Back Again: 3rd Largest Bitcoin Whale Swallows Another $24M Worth of BTC During the Dip 

While the recent plunge has put the crypto community into a state of panic, one HODLer is taking advantage. The third-largest Bitcoin whale just bought the dip, putting his stack over 121,000 BTC. On January 4th, the whale’s address added another 372 Bitcoin. The sum was purchased for $17,122,242.1 at the time. This was a […]

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