Bitcoin

The post ‘Bitcoin Cheerleader’ Trump And ‘Dogefather’ Musk Give Crypto A Miss In Their Historic Debate; BTC Price Unfazed Near $60k appeared first on Coinpedia Fintech News Bitcoin had an amazing week in July after the former president headlined the industry’s annual Bitcoin conference in Nashville, delivering the keynote at the event. Now, with elon musk elon musk Elon Musk is an enthusiastic cryptocurrency believer, quivering the crypto world through his sparkling tweets. He has a complex relationship with cryptocurrencies.…

Ethereum price started a steady increase above the $2,550 resistance. ETH is beating Bitcoin and might even clear the $2,750 resistance zone. Ethereum started a fresh increase above the $2,550 and $2,650 levels. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,695 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend gains if it clears the $2,750 resistance zone. Ethereum…

Bitcoin, the largest cryptocurrency by market cap appears to have “bottomed out”  and is now poised to surge above $150,000, according to prominent crypto analyst Captain Faibik. This insight from the analyst comes as Bitcoin currently sees a sign of rebound, reclaiming the $60,000 mark following its recent plunge below $59,000. A $150,000 Surge On The Horizon In his recent post on X, Captain Faibik disclosed a distinct pattern known as the Descending Broadening Wedge found on the BTC chart.…

After a roller coaster ride in the market last week, Bitcoin shows endurance, bouncing back from the recent dip to $49,000 and reclaiming the $60,000 milestone as key to its continuation to the upside to regain levels lost during the last 20% correction on August 5.  Despite facing hurdles, the largest cryptocurrency on the market continues to exhibit signs of sustaining the macro uptrend that has been prevalent since the start of the year. ‘Golden Buying Opportunities’ In a recent…

Bitcoin price stayed above the $57,650 support zone. BTC is now rising and might aim for a move above the $60,000 resistance zone. Bitcoin started a recovery wave above the $58,500 resistance zone. The price is trading below $60,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $60,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might attempt a fresh increase if it settles…

A crypto analyst has unveiled a highly optimistic forecast for Bitcoin (BTC), suggesting that the end of the supposed Bitcoin bear trap could propel the price of the cryptocurrency to new highs, potentially reaching $72,000.  Bitcoin Set To Hit $72,000 In a recent X (formerly Twitter) post, a crypto analyst identified as ‘Sensei’ has predicted that Bitcoin will surge to $72,000 soon. The analyst shared a price chart highlighting two parallel trend lines that trace Bitcoin’s recent price movements. The…

Bitcoin buyers might be upbeat after the uptick on August 8. While traders are waiting for a conclusive close above $63,000, confirming bulls of the second half of last week, on-chain data points to risk and traders staying on the sidelines. Traders Cautious: Will The Bitcoin Consolidation Continue? Taking to X, one on-chain analyst said. However, traders are bullish and expecting immediate price expansion; key metrics show that most are more cautious, meaning the uptrend might be delayed. One key…

Data shows the Bitcoin market sentiment has taken to extreme fear again as the asset’s price has seen a retrace to the $59,000 mark. Bitcoin Fear & Greed Index Suggests Market Now Extremely Fearful The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment that’s currently present in the Bitcoin and wider cryptocurrency markets. The index uses the following five factors to determine the sentiment: volatility, trading volume, social media sentiment, market…

The post Bitcoin: No Breakout, No Trade, Says Peter Brandt appeared first on Coinpedia Fintech News In the ongoing volatile cryptocurrency market, traders have liquidated a significant $205.86 million worth of short and long positions within just 24 hours. This likely occurred as Bitcoin the world’s biggest cryptocurrency, experienced significant price fluctuation between $60,500 and $58,000 level. Peter Brandt’s Strategy  Amid these notable ups and downs, Peter Brandt, a veteran trader and chartist made a post on X (previously Twitter)…