BITCOIN Archives - Page 117 of 127

August 19, 2021

Bitcoin Bulls Fight for Market Control as Selling Pressure Pile

Bitcoin (BTC) bulls have had a hard time holding their position in the market for the past few days. The benchmark cryptocurrency now struggled to remain afloat above the $44k level, as most of the crypto market erased some of last week’s gains. Last Saturday, the primary cryptocurrency peaked at t...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 18, 2021

Bitcoin (BTC/USD) Market Retraces Position

Bitcoin Price Prediction – August 18The BTC/USD market retraces position from a higher trading zone of around $47,500 resistance. The crypto’s trading line is at $45,871 at a percentage rate of about 1.22. BTC/USD Market Key Levels:Resistance levels: $47,500, $50,000, $52,500Support levels: $42,500...

#BITCOIN #BTC/USD #Technical Analysis

August 17, 2021

Bitcoin Record Drop in Network Usage (Fees) Chart

Bitcoin (BTC) is reportedly losing its ranking on the network fee charts. Analysts use network fees as a measure for the usage and demand of a network. According to a tweet from ‘Banteg’—the developer behind Yearn Finance—yesterday, BTC had dropped to the seventh spot in terms of fault fees generat...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 15, 2021

Bitcoin (BTC/USD) Trade Poises for Price Action

Bitcoin Price Prediction – August 15There has now been a trace in the BTC/USD operation that the crypto trade poises for price action to determine a definite direction of the trading activities. As of analyzing the market, price records a smaller percentage rate of -2.02, trading around the level a...

#BITCOIN #BTC #BTC/USD #Technical Analysis

August 15, 2021

Bitcoin Returns to Extreme Greed Levels as Bulls Reclaim Dominance

Due to the recent positive developments in the cryptocurrency industry, Bitcoin (BTC) has recorded double-digit gains over the past few weeks, flipping the general market sentiment. However, for the first time in about three months, the Bitcoin Fear and Greed Index has entered “extreme Greed” condi...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 12, 2021

Bitcoin (BTC/USD) Market Analysis — August 12

Bitcoin (BTC) recently peaked at a three-month high at $46,800 yesterday but has suffered a $4,000 decline since then. As expected, the rest of the cryptocurrency market followed in the steps of the benchmark cryptocurrency, causing the market valuation to drop by $830 million or 4.3% within a few ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 11, 2021

Bitcoin (BTC/USD) Trade Holds Upsurges

Bitcoin Price Prediction – August 11The BTC/USD trade holds upsurges firmly in the trading levels of $45,000 and $50,000. The crypto economy now trades around the point of $46,809 at a rate of 1.24%. BTC/USD Market Key Levels:Resistance levels: $47,500, $50,000, $52,500Support levels: $42,500, $40,...

#BITCOIN #BTC/USD #Technical Analysis

August 11, 2021

Bitcoin Eyes $47k; Glassnode Highlights Possible Short Squeeze

Bitcoin (BTC) recorded its highest point in over twelve weeks, $46,730 in the early hours of Tuesday, as market sentiment remains bullish. At press time, the benchmark cryptocurrency trades around the $46k psychological level about 30% away from its all-time high of $64,800, following a minor dip. ...

#BITCOIN #BTC #CRYPTOCURRENCY #Technical Analysis

August 08, 2021

Bitcoin to Climb to $53,200 to Address Market Imbalance: Willy Woo

On Sunday, popular on-chain analyst Willy Woo tweeted that the Bitcoin (BTC) price could climb higher because of the current “demand/supply imbalance in the market,” noting that: “#Bitcoin price would need to move to $53k to address the demand/supply imbalance in the market.” Woo asserted tha...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technical Analysis