BITCOIN Archives - Page 120 of 127

July 01, 2021

Bitcoin Set for Another Boost as the Puell Multiple Metric Turns Bullish

As Bitcoin (BTC) struggles to regain bullish momentum to recover from its recent crash, bulls have received an additional boost from a highly-revered metric to propel the cryptocurrency higher. The Puell Multiple Metric has indicated a buy signal for the fifth time. Analysts claim that all four of ...

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June 30, 2021

Bitcoin (BTC/USD) Holds Tight Around $35,000 Value

Bitcoin Price Prediction – June 30Many trading activities have been ongoing in the BTC/USD market around the levels of $35,000 and $30,000. Price tries to swing up to now trade at about a point of $34,918 at a minus percentage rate of 3.66. BTC/USD Market Key Levels:Resistance levels: $37,500, $42,...

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June 29, 2021

Bitcoin Miners Mount Selling Pressure on BTC as Miners Migrate

Reports show that Bitcoin (BTC) miners have boosted their selling activities as the mining industry tries to steady itself from recent blows from China. While we witness the largest crypto mining migration in history, BTC mining hash power has fallen to record lows. According to Glassnode’s latest ...

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June 27, 2021

Bitcoin (BTC/USD) Continues to Hover Underneath the $35,000

Bitcoin Price Prediction – June 27The market operation of BTC/USD continues to hover underneath the $35,000 resistance level. The US Dollar has continually put the flagship crypto to trade around $32,902 value at a rate of about 1.70 percent. BTC/USD MarketKey Levels:Resistance levels: $35,000, $40...

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June 24, 2021

Bitcoin (BTC/USD) Strives Averaging $35,000 Level

Bitcoin Price Prediction – June 24The trade worth of BTC/USD has been on a motion striving to average the level of $35,000 while it couldn’t dip further sustainable below the critical support baseline drew around the line of $30,000. The crypto’s point now strives to trade around the level of $34,0...

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June 24, 2021

Bitcoin to Hit $25,000 at GBTC Unlocking: JP Morgan

Despite having recovered decently from its recent crash, JP Morgan strategists believe that Bitcoin (BTC) still has a bearish gap to fill. In their latest memo detailing the performance of Bitcoin, the strategists highlighted the upcoming GBTC unlocking as a bearish event for BTC and that it could ...

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June 22, 2021

Bitcoin Slumps Following Ban from the Agricultural Bank of China

The third-largest bank in China has published a statement detailing a complete ban prohibiting its customers from facilitating Bitcoin (BTC) and cryptocurrency transactions. Notably, the Agricultural Bank of China is also one of the largest banks in the world. The bank noted that customers’ account...

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June 20, 2021

Bitcoin Begins the New Week on a Bearish Tone Near $35k

Following a bearish end of last week, Bitcoin (BTC) appears to have settled above the $35k level. Meanwhile, things didn’t go any better in the altcoin sector, with Ethereum falling to $2,200 and Ripple losing over 5% in a day. Last week started with a positive outlook for the crypto market as BTC ...

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June 20, 2021

Bitcoin (BTC/USD) Envisages Rebuilding Support at $35,000

Bitcoin Price Prediction – 20There have been featuring more of slight downward motions in the market worth of BTC/USD as price envisages rebuilding support severally around the level of $35,000. During the time of writing, the crypto’s value trades around the point of $35, 436 at a negative rate of...

#BITCOIN #BTC/USD #Technical Analysis