News about BITCOIN PRICE

News about Bitcoin Price

Down 17%, what went so wrong for the Bitcoin price in May?

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TA: Bitcoin Price Resumes Decline, Can The Bulls Save This Support

Bitcoin started a fresh decline from the $32,400 resistance against the US Dollar. BTC must stay above the $29,450 to avoid more downsides. Bitcoin started a fresh decline after it failed to clear the $32,400 resistance zone. The price is now tradin...

Bitcoin price broke to the upside, but where are all the leveraged long traders?

This week's Bitcoin (BTC) chart leaves little doubt that the symmetrical triangle pattern is breaking to the upside after constricting the price for nearly 20 days. However, derivatives metrics tell a completely different story because professional t...

TA: Bitcoin Price Remains Supported, $30.8K Holds The Key

Bitcoin remained in a positive zone above $31,200 against the US Dollar. BTC could correct lower, but the bulls might remain active near $30,800. Bitcoin is showing positive signs above the $30,500 and $31,000 resistance levels. The price is now tra...

Bitcoin price rallies to $32.3K, but three factors could limit its recovery

Bitcoin (BTC) price action has been surprisingly bullish since May 27. Weekends, especially holiday weekends, are notoriously volatile and indecisive, with major whipsaws in price movements being the norm. Even in bull markets, bearish price action i...

Bitcoin price rises as crypto mimics stocks rally

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Bitcoin price surges as crypto market rallies

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Bitcoin price action decouples from stock markets, but not in a good way

This week the stock markets began to flash a little green, and Bitcoin (BTC) is decoupling from traditional markets — but not in a good way. The cryptocurrency is down 3%, while the Nasdaq Composite tech-heavy stock market index is up 3.1%.May 27 dat...

TA: Bitcoin Price Resumes Decline, Why BTC Remains At Risk

Bitcoin spiked below the key $28,500 support zone against the US Dollar. BTC is declining and might continue to move down towards the $27,500 support. Bitcoin is moving lower and facing a major resistance near the $29,600 zone. The price is now trad...

TA: Bitcoin Price Remains In Range, Why The Bulls Need To Take Control

Bitcoin retested the key $28,500 support zone against the US Dollar. BTC is rising and the bulls might aim a clear move above the $30,600 resistance. Bitcoin is trading in a major range below the $30,600 resistance zone. The price is now trading nea...

‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal

The cryptocurrency market settled into a holding pattern on May 25 after traders opted to sit on the sidelines ahead of the midday Federal Open Market Committee (FOMC) meeting, where the Federal Reserve signaled that it intends to continue on its pat...

Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise

Bitcoin (BTC) is predicted to drop more than 70% to the $8,000 value area, according to comments by Guggenheim chief investment officer Scott Minerd. This is not the first time he has made a bearish call, and he has, in the past, made bullish calls a...

JPMorgan Sees Bitcoin Price Rising 28%

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Bitcoin price bottom signals flash as 'fear and greed' index matches March 2020 lows

Bitcoin (BTC) has fallen by over 67% in 2022 and is now wobbling between a tight trading range defined by $28,000 as interim support and $30,500 as interim resistance.The selloff appears in the wake of the Federal Reserve's hawkish policy and the unc...

TA: Bitcoin Price Moves Higher In Range, $30.6K Still Presents Resistance

Bitcoin remained strong above the $28,500 support against the US Dollar. BTC is rising, but it must clear $28,500 to move into a positive zone. Bitcoin started a fresh increase after it tested the $28,500 support zone. The price is now trading above...

Bitcoin Price Could Fall To $8,000, Says Guggenheim CIO

Hearing more negative speculation would be unpleasant for the investors as the recent bloodbath’s catastrophic effects already slowed down crypto markets. But unfortunately, an expert predicted Bitcoin would go far below. Scott Minerd, Chief officer...

Bitcoin price may bottom at $15.5K if it retests this lifetime historical support level

Bitcoin (BTC) could be in for a return to levels not seen since before its 2020 bull market if history repeats itself.That was according to new analysis released on May 24, which studied Bitcoin's interaction with its 200-week moving average (WMA).Bi...

TA: Bitcoin Price Stuck In Key Range, Why Dips Might Be Limited

Bitcoin failed again to clear the $30,600 resistance zone against the US Dollar. BTC is declining, but the bulls might remain active near $28,500. Bitcoin failed to gain strength for a move above the $30,600 resistance zone. The price is now trading...

TA: Why Bitcoin Price Could Explode Above $30.6K In Near-term

Bitcoin started a fresh increase from the $28,500 support zone against the US Dollar. BTC could rally if there is a clear move above the $30,600 resistance zone. Bitcoin formed a double bottom pattern near $28,500 and climbed higher. The price is no...

Bitcoin price predictions abound as traders focus on the next BTC halving cycle

Terra's (LUNA) recent collapse has been repeatedly singled out as the main source of weakness affecting crypto assets. Still, it's much more likely that a combination of factors is behind the start of this current bear market.At the same time that th...

Bitcoin price could bounce to $35K, but analysts say don’t expect a ‘V-shaped recovery’

Altcoins saw a relief bounce on May 13 as the initial panic sparked by Bitcoin’s sell-off TerraUSD (UST) collapse and multiple stablecoins losing their dollar peg begins to decrease. Risk-loving traders look to scoop up assets trading at yearly lows....

Bitcoin Price Takes Deepest Dive Since 2020, Will BTC Bounce?

Suffering the effect of the current bloodbath in the crypto market, Bitcoin’s (BTC) price on May 12 hit its lowest valuation of $26,350 since December 2020. The ongoing bearish trend has remarkable similarity with the previous mid-season bearish tre...

Bitcoin price reclaims $30K as Bitcoin Cash hits fresh record low against BTC

Bitcoin (BTC) bounced back from ten-month lows on May 11 as the start of Wall Street trading gave bulls some relief.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOne day, $860 million more crypto liquidationsData from Cointelegraph Marke...

Bitcoin price at $31,400, other cryptocurrencies in red

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Bitcoin Price Crashes Below $30K As Markets Show Signs Of Paranoia

Bitcoin has lost almost 10% of its value during the past 24 hours, falling below $30,000 for the first time since July 2021. And one analyst worries that the largest cryptocurrency might fall even worse. BTC’s Tuesday decline is more than 55 percent...

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