BTC

Bitcoin price recovered and climbed above the $64,000 resistance zone. BTC is now facing hurdles near the $65,500 and $66,000 levels. Bitcoin is now struggling to gain pace for a move above the $65,500 resistance zone. The price is trading above $64,000 and the 100 hourly Simple moving average. There is a key contracting triangle forming with resistance at $65,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh surge if…

The post Recoup Your Losses With These 5 Top Cryptos Following the BTC Halving  appeared first on Coinpedia Fintech News With the recent Bitcoin halving event, there has been a lot of price movements within the crypto sector, where many altcoins showcased a significant level of growth as-well, following in its footsteps. As most big events impact the entire industry, this was expected, but not every single crypto experienced a major price uptrend.  As a result, today we will go…

The price of Bitcoin fell drastically towards the $60,000 mark in the days leading up to the just concluded halving. On-chain data has shed light on what could very well be the reason for this price dip in the middle of all the excitement around the halving. Particularly, data has revealed that some miners have been selling their holdings in the days leading up to the halving event, with the entire BTC holdings of miners hitting a 12-year low.  Miners’…

The post Bitcoin Price Correction Completed: Top Crypto Analyst Predicts BTC Rally to $100K! appeared first on Coinpedia Fintech News Bitcoin’s price behavior following halving events has been a subject of keen interest among investors and analysts alike. Prominent crypto trader Captain Faibik revealed bold predictions about Bitcoin’s trajectory, suggesting that the correction phase is complete and a bullish surge towards the coveted $100k mark is on the horizon.  Bitcoin Eyes For $100k According to the Crypto Faibik analysis, the…

TL;DR The Bitcoin halving has slashed the miners’ block rewards in half, reducing the daily issuance of BTC and likely resulting in a price rally. While it is speculative to predict which meme coin will perform best post-halving, Dogecoin and Shiba Inu have historically done well, with potential boosts from technological advances, celebrity endorsements, and community support. The BTC Halving’s Impact One of the most important events in the cryptocurrency industry – the Bitcoin halving – occurred the other day. It reduced the…

Bitcoin’s price recovery continues following the recent massacres, and the cryptocurrency has jumped to about $65,000 as of now. The altcoins are even more in the green now, with ETH and BNB surging by approximately 4%, while SHIB has stolen the show. Bitcoin Aims at $65K It’s safe to say that the week leading to the fourth Bitcoin halving was quite painful. The asset fell from over $70,000 to $65,000 last Friday before it dumped to $61,000 a day later.…

The post Will the Impact of Bitcoin Halving Have an Effect on BTC Price? Here’s What You Need to Know appeared first on Coinpedia Fintech News The crypto space celebrated the successful completion of the 4th Bitcoin halving, just a few moments before. With this, the BTC price regained some strength; it raised above $64,200, but it turned out to be a short-lived rally. The price quickly plunged below the levels but is sustaining itself within the bullish range. Therefore,…

Bitcoin’s price faced extreme volatility in the days leading to the highly-anticipated fourth halving but has remained relatively still after its completion. Most altcoins are slightly in the green on a daily scale, aside from TON, which has dumped by double-digits despite the big news coming from Tether. BTC’s Calmness After Halving The adverse price developments for Bitcoin started last Friday when the asset slumped from over $71,000 to $65,000. It recovered a couple of grand on the next day…

Bitcoin’s price has been consolidating since early March, failing to continue its uptrend. Yet, the cryptocurrency might soon get back on track and create a new all-time high. Bitcoin Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the Bitcoin price has been consolidating between the $60K and $70K levels over the past couple of weeks. The recent rejection from the $70K zone has driven it down toward the $60K support level. Yet, the level has held…