Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure

August 19, 2024 Bitcoin.com

As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance levels holding firm and technical indicators signaling weak buying […]

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Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels

August 12, 2024 Bitcoin.com

bearish trend

Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade volume of $29.81 billion. As bitcoin navigates this challenging environment, technical indicators reveal continued bearish momentum, testing the resolve of bullish investors. Bitcoin The 1-hour […]

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery

August 5, 2024 Bitcoin.com

bearish trend

On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation suggests some indecision, the overall market indicators point towards continued downward pressure. With critical support levels approaching, traders should exercise caution as the market searches for stability. Ethereum Ethereum’s price is facing significant downward pressure […]

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Bitcoin Poised To ‘More Than Double’ Every Year, Says Pantera Capital CEO Dan Morehead

October 6, 2023 The Daily Hodl

Bitcoin

Pantera Capital CEO Dan Morehead thinks Bitcoin’s (BTC) uninspired price action over the previous two years has just been a temporary deviation away from the top crypto asset’s larger growth trend. Morehead says in a new interview with CNBC that he expects BTC to resume its explosive price gains soon. “Bitcoin has a 14-year trend […]

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Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Bitcoin Could Plunge by Over 30% Before Bottoming Out, According to Crypto Strategist – Here’s the Timeline

September 15, 2022 The Daily Hodl

Bitcoin

A widely followed crypto asset trader and analyst is warning that Bitcoin (BTC) has the potential to plummet by over 30% from the current price if a key support level crumbles. Pseudonymous crypto analyst Capo tells his 517,100 Twitter followers that Bitcoin’s main downside target lies between $16,000 to $14,000, a drop of between 21% […]

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Crypto Analyst Justin Bennett Says Polkadot (DOT) Breakout Imminent – Here Are His Targets

January 19, 2022 The Daily Hodl

Altcoins

Popular crypto strategist and trader Justin Bennett says a strong breakout is on the horizon for interoperability blockchain Polkadot (DOT). In a new strategy session, Bennett says that Polkadot’s price action is coiling as it trades within a bullish continuation pattern. “The fact that this is a falling wedge, which is inherently a bullish pattern, and […]

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Here’s a Realistic Forecast for Bitcoin After Major Crypto Correction, According to Analyst Benjamin Cowen

December 15, 2021 The Daily Hodl

Benjamin Cowen

A popular crypto analyst is plotting out where he sees top crypto asset Bitcoin (BTC) going after a downward market trend over the past several weeks. In a new strategy session, Benjamin Cowen tells his 659,000 YouTube subscribers that Bitcoin has fallen below the bull market support band, which is notable because altcoins also tend […]

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Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

120% Rally for Polkadot ‘Seems Reasonable,’ According to Crypto Analyst Benjamin Cowen

September 16, 2021 The Daily Hodl

Altcoins

Popular crypto trader and analyst Benjamin Cowen sees a bright future on the horizon for Polkadot (DOT). Polkadot is an interoperable blockchain platform. Its native asset, DOT, is trading at $36.29 at time of writing and is up 31.8% on the week, according to CoinGecko. Cowen tells his 538,000 subscribers that Polkadot might not be […]

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Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Bitcoin Captures $50K Position, BTC Market Capitalization Nears $1 Trillion

August 24, 2021 Bitcoin.com

Bitcoin Captures K Position, BTC Market Capitalization Nears Trillion

1 trillion

The price of bitcoin crossed the $50K zone on Monday, August 23, increasing close to 3% in the last 24 hours. The price has not been at this level in over two months and today, the crypto asset’s market capitalization is around $942 billion. For the First Time Since April, Bitcoin Prices Rise Above $50K […]

Price Action