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

April 30, 2024 Bitcoin.com

Bitcoin’s 61-Day Streak Above K Threatened, 1M in Liquidations as BTC Nears Critical Threshold

$60K

Bitcoin 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 […]

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

April 29, 2024 Bitcoin.com

Bitcoin (BTC)

As 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 […]

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

April 27, 2024 Bitcoin.com

Bitcoin (BTC)

Over 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 […]

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Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

April 26, 2024 Bitcoin.com

Bitcoin (BTC)

As 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

April 22, 2024 Bitcoin.com

Bitcoin (BTC)

As 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 […]

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

April 20, 2024 Bitcoin.com

Bitcoin (BTC)

Bitcoin’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 […]

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

April 19, 2024 Bitcoin.com

Bitcoin (BTC)

As 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 […]

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Bitcoin Technical Analysis: Key Indicators Signal Bearish Outlook

April 17, 2024 Bitcoin.com

Bitcoin (BTC)

As 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

April 15, 2024 Bitcoin.com

Bitcoin (BTC)

As 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 […]

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Bitcoin Technical Analysis: BTC Traders on Edge as Mixed Signals Keep Market Guessing

April 12, 2024 Bitcoin.com

Bitcoin (BTC)

As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend heading into the weekend. Bitcoin The relative strength index (RSI) on the daily scale sits at a neutral 56, indicating neither overbought nor oversold conditions, suggesting that BTC has room […]

Bitcoin bulls