BITCOIN Archives - Page 78 of 79

April 21, 2021

Bitcoin (BTC/USD) Sets a Trading-Pace Bottoming Around the $55,000 Support Level

Bitcoin Price Prediction – April 21BTC/USD market, in the wake of featuring a line of price correctional movements recently, the pair now finds a vital support baseline to sit on. BTC/USD Market Key Levels:Resistance levels: $60,000, $65,000, $70,000Support levels: $50,000, $45,000, $40,000 BTC/USD...

#BITCOIN #BTC/USD #Technical Analysis

April 20, 2021

Federal Reserve Bank President: Bitcoin is a Store of Value

President of the Federal Reserve Bank of Dallas Robert Kaplan made some positive comments about Bitcoin (BTC) and central bank digital currencies (CBDCs) at the Texas A&M Bitcoin Conference 2021 hosted by Mays Business School on Friday. Firstly, Kaplan distinguished between what he understood a...

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April 18, 2021

Bitcoin Sheds $10k, as Cryptocurrency Market Bleeds

The cryptocurrency industry has come under severe selling pressure, as the cryptocurrency market cap plunged by over $200 billion (10.4%) to $2.03 trillion in a few hours. Reports show that a selloff in Bitcoin (BTC) was responsible for the broader market plunge. The benchmark cryptocurrency fell b...

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April 15, 2021

Bitcoin Sheds 5 Percent Following Coinbase IPO

Crypto investors got a shocker from Wednesday’s market price action, following the listing of Coinbase (NASDAQ: COIN) on the Nasdaq. Bitcoin (BTC) suffered a 5% intraday decline, likely because capital moved out of Bitcoin and into COIN or the classic sell the news event played out. BTC bulls...

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April 14, 2021

Bitcoin (BTC/USD) at Last Breaks out the Key Resistance of $60,000 Level

Bitcoin Price Prediction – April 14The BTC/USD long-resistant trading line at $60,000 has finally broken northward while the crypto’s value is appreciated against the purchasing worth of the USD counter currency. BTC/USD Market Key Levels:Resistance levels: $65,000, $70,000, $75,000Support levels: ...

#BITCOIN #BTC/USD #Technical Analysis

April 13, 2021

On-Chain Analysis Shows Massive Bullish Prospects for Bitcoin, as Demand Spikes

As Bitcoin (BTC) breaks a new all-time high, on-chain data suggests there’s a healthy prospect for more bullish moves for the benchmark cryptocurrency. The bullish sentiment gets backing from some fundamental factors, including that institutional investors are still stacking up on BTC long-ti...

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April 11, 2021

Grayscale Acquires an Additional $1B Worth of Bitcoin Announces ETF Plan

Grayscale has announced that it recently acquired an additional $1 billion worth of Bitcoin (BTC) over 24 hours. The recent purchase has brought the investment company’s total assets under management to $46.1 billion. The cryptocurrency-focused investment firm increased its total AUM by about $3 bi...

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April 11, 2021

Bitcoin (BTC/USD) Dares to Hover Around the Key $60,000 Resistance Value

Bitcoin Price Prediction – April 11The BTC/USD market price has severally continued to contend with the key resistance trading level of $60,000 over a couple of sessions. BTC/USD MarketKey Levels:Resistance levels: $65,000, $70,000, $75,000,Support levels: $50,000, $45,000, $40,000 BTC/USD – Daily ...

#BITCOIN #BTC/USD #Technical Analysis

April 09, 2021

Bitcoin (BTC/USD) Price Moves Between $55,000 and $60,000 Levels

Bitcoin Price Prediction – April 9The BTC/USD market valuation continues to trade between the levels of $55,000 and $60,000 about a couple of trading days’ sessions. BTC/USD Market Key Levels:Resistance levels: $65,500, $70,000, $75,000Support levels: $50,000, $45,000, $40,000 BTC/USD – Daily Chart...

#BITCOIN #BTC #BTC/USD #Technical Analysis