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Bitcoin’s 61-Day Streak Above $60K Threatened, $271M in Liquidations as BTC Nears Critical Threshold

Bitcoin’s 61-Day Streak Above K Threatened, 1M in Liquidations as BTC Nears Critical ThresholdBitcoin prices experienced a notable decline on Tuesday, dropping more than 2% against the U.S. dollar in the last 24 hours, following a 7.8% decrease over the previous week. Global trading volumes on spot crypto exchanges have remained subdued, and in the past day, derivatives exchanges saw $271 million in both short and long positions […]

Bitcoin Bull Market May Drive Russian Miners Underground

Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery

Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s RecoveryAs of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish trend with a series of lower highs and lower lows, suggesting that sellers […]

Bitcoin Bull Market May Drive Russian Miners Underground

Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost

Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional BoostOver the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27. Despite this dip, the Crypto Fear and Greed Index remains firmly in the “greed” sector. According to Google Trends, interest in the term “bitcoin” has diminished, while the market intelligence […]

Bitcoin Bull Market May Drive Russian Miners Underground

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish SignalsAs of April 26, 2024, bitcoin continues to exhibit fluctuating fortunes, with the latest trading session closing at $64,095. Amid a wider range between $62,923 and $65,069 over the last 24 hours, traders are grappling with mixed signals across various technical charts and indicators. Bitcoin Bitcoin’s oscillators are predominantly neutral with the relative strength (RSI) […]

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Bitcoin Technical Analysis: BTC Bulls Attempt to Push Prices Higher Post-Halving

Bitcoin Technical Analysis: BTC Bulls Attempt to Push Prices Higher Post-HalvingAs bitcoin fluctuates within a defined range, Monday’s technical analysis reveals a mixed bag of signals from oscillators and moving averages. Traders face a nuanced landscape on April 22, 2024, as various charts suggest both caution and opportunity. Bitcoin Bitcoin’s (BTC) price today stands at $65,974, with a 24-hour trade volume of $19.6 billion and […]

Bitcoin Bull Market May Drive Russian Miners Underground

Bitcoin Market Update: Post-Halving Price Dynamics and Market Movements

Bitcoin Market Update: Post-Halving Price Dynamics and Market MovementsBitcoin’s market value has experienced significant shifts following the recent halving event at block height 840,000, which saw onchain fees soar beyond $240 per transaction. This pivotal change coincides with a notable fluctuation in price, demonstrating a complex interplay of supply and demand forces at work. Currently, bitcoin is trading at $64,488, down 4.5% this […]

Bitcoin Bull Market May Drive Russian Miners Underground

Bitcoin Technical Analysis: BTC Faces Volatile Day of Trading and Complex Dynamics

Bitcoin Technical Analysis: BTC Faces Volatile Day of Trading and Complex DynamicsAs bitcoin navigates a tumultuous trading range between $60,022 and $65,430, market analysts scrutinize oscillators and moving averages for future price direction clues. The cryptocurrency’s price hovers at around $65,110 on April 19, 2024, reflecting a volatile day for traders after the escalating conflict in the Middle East and ahead of the halving. Bitcoin Bitcoin’s […]

Bitcoin Bull Market May Drive Russian Miners Underground

Crypto Market Continues to Slide — QCP Capital Reports Increasing Market Anxiety

Crypto Market Continues to Slide — QCP Capital Reports Increasing Market AnxietyThe cryptocurrency market contracted by nearly 2% on Wednesday, descending to a total value of $2.23 trillion. Bitcoin reached a daily low of $60,760 per unit, while ether declined to $2,944 per coin. Cryptocurrency Market Loses More Than $400 Billion in a Week Amidst Severe Volatility Since the previous week, the crypto market has experienced […]

Bitcoin Bull Market May Drive Russian Miners Underground

Bitcoin Technical Analysis: Key Indicators Signal Bearish Outlook

Bitcoin Technical Analysis: Key Indicators Signal Bearish OutlookAs bitcoin’s price action shows signs of continued bearishness, the digital currency’s trading volume and market capitalization suggest a volatile but keenly watched market. Bitcoin Bitcoin’s (BTC) current trading price of $62,891 to $63,075 per unit underscores a market grappling with uncertainty, reflected in an intraday trading range between $61,773 and $64,414 over the last […]

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Bitcoin Technical Analysis: Indicators Suggest a Potential Shift in Market Momentum

Bitcoin Technical Analysis: Indicators Suggest a Potential Shift in Market MomentumAs of April 15, 2024, bitcoin presents a mixed landscape of consolidation and subtle recovery hints, reflecting a crucial moment for potential bullish or bearish trends. Bitcoin Despite the current market indecisiveness indicated by the 1-hour chart, the 4-hour and daily charts suggest underlying movements that could influence future price actions. The 1-hour chart displays […]

Bitcoin Bull Market May Drive Russian Miners Underground