Former DoJ Kennedy Jr, Laments on Global Financial Censorship, Shows Support For Bitcoin The former US Department of Justice Attorney General Robert Francis Kennedy Jr, recently lamented the growing financial censorship worldwide and showed support for Bitcoin. The financial censorship of political enemies is something we’re used to seeing under authoritarian regimes. No one was surprised when Russia froze more than 100 bank accounts tied to opposition leader […]
US Regional Bank Failures Trigger Bitcoin Surge, $30,000 Level In Sight Bitcoin (BTC) is on the verge of reaching the $30,000 milestone, but regional banks in the United States face significant anxiety and fear. Investors are concerned about the potential for contagion following the recent struggles of PacWest, a California-based lender. The bank’s shares have plummeted by as much as 60% overnight, causing it to reassure […]
More Dip To Come: Bitcoin Liquidity On The Move Ahead Of Major Event As the Federal Reserve (Fed) prepares to announce its decision on interest rates, Material Indicators, a research and analysis firm in the cryptocurrency market, is keeping a close eye on the Bitcoin (BTC) liquidity movements. FireCharts, a popular charting platform, has tracked liquidity movements on the BTC/USDT Binance order book. Their observations have led them […]
Bitcoin Faces Potential Price Drop To $25,000, On-Chain Data Signals Bearish Trend Bitcoin (BTC) has been experiencing a volatile price action since late April, with significant fluctuations in its value. At the time of writing, the cryptocurrency has experienced a 3% decline in the last 24 hours and is currently trading at $28,400. However, it has now settled within an accumulation range of $27,800 to $30,000. Bitcoin […]
Bitcoin Price Rejects $30K But This Variable Can Trigger A Fresh Increase Bitcoin price attempted an upside break above the $30,000 resistance. BTC failed and corrected lower toward the $28,400 support zone. Bitcoin is struggling to gain pace above the $29,400 and $29,500 resistance levels. The price is trading below $29,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with […]
Bitcoin Emerges As the King Of Assets,10X Growth Over Gold During US Banking Crisis Despite the volatile price action of Bitcoin (BTC), the world’s largest cryptocurrency has outperformed every other asset, including gold. Although it is trading below its psychological milestone of $30,000 at $29,000, Bitcoin is expected to grow further in 2023, as it acts as a safe haven for investors amidst the US banking crisis. Bitcoin Reigns […]
Bitcoin Bulls Keep Pushing, Why Rally Isn’t Over Yet Bitcoin price started a fresh increase above the $29,000 resistance. BTC could rally if there is a clear move above the $30,000 resistance. Bitcoin is moving higher above the $28,800 and $29,000 resistance levels. The price is trading above $28,800 and the 100 hourly Simple moving average. There is a major contracting triangle forming with […]
Bitcoin Bloodbath: Market Volatility Sparks Panic, Wipes Out $1 Billion In Open Interest In the last 24 hours, Bitcoin (BTC) has experienced a sharp increase in volatility, with prices fluctuating between $29,000 and $27,000, given the lack of liquidity in the market. This sudden price action has had a significant impact on bulls and bears. However, as of this writing, Bitcoin has managed to recover the $29,000 level, […]
Bitcoin Price Saw Increase In Volatility, Here’s Why The Bulls Are Safe Bitcoin price saw a couple of wild moves above the $28,500 pivot level. BTC is now rising and showing positive signs above the $28,800 level. Bitcoin climbed sharply and then nosedived to revisit the $27,250 support. The price is trading above $28,000 and the 100 hourly Simple moving average. There is a key bullish trend […]
Bitcoin Price Flash Crashes 6% In Under 60 Minutes, What Happened? Bitcoin price was trading in the green today, up about $1,500 at the high. The top cryptocurrency by market cap also made another attempt at $30,000 around mid-day. Shortly thereafter, in the span of less than 60 minutes, BTCUSD flash crashed by more than 6%, leaving the marker bewildered. Here is a closer look at […]
Bitcoin Bulls On Edge As Pivotal Level Sets Stage For Potential Price Surge Or Slump Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has experienced a volatile market over the past few days, with its price fluctuating between highs and lows. However, BTC has recently bounced back from a major trend line at $27,000 and is currently trading at $29,600, representing a profit of over 8% in the last […]
Bitcoin Price Signals Fresh Increase But $29K Is The Key To More Gains Bitcoin price is correcting higher from the $27,000 support. BTC must clear $29,000 to continue higher in the near term. Bitcoin formed a base and corrected higher above the $27,500 resistance. The price is trading above $27,800 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with […]
Notorious B.I.D. 2.0: Biggie-Sized Bidder Will Fuel Bitcoin Rally Again? The cryptocurrency market has experienced significant volatility in recent months, with the price of Bitcoin (BTC) dropping from its new yearly high of $31,000 to its current trading price of $27,300. This pullback has left Bitcoin at a crossroads, with traders waiting to see whether the key support level of $27,000 will hold or break. […]
Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $28K Bitcoin price is showing bearish signs below the $28,000 zone. BTC must clear $28,000 to avoid more losses in the coming sessions. Bitcoin struggled to gain pace above the $28,000 resistance zone. The price is trading below $27,800 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance […]
Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam Bitcoin price failed to settle above $23,500 and corrected lower. BTC is trading above $22,400, but it is now trading below the 100 hourly SMA. Bitcoin is slowly moving lower from the $23,500 resistance zone. The price is trading below $23,000 and the 100 hourly simple moving average. There is a key contracting triangle forming […]
Bitcoin Price Just Saw Technical Correction But Key Uptrend Support Intact Bitcoin price started a downside correction below $23,000. BTC is testing an important support and might start a fresh increase towards $23,500. Bitcoin started a downside correction and declined below the $23,000 support zone. The price is trading below $23,000 and the 100 hourly simple moving average. There is a major bullish trend line forming […]
Why Bitcoin Has The Momentum To Run Beyond 23,000 The price of Bitcoin keeps smashing resistance levels while reclaiming previously lost territory. Unlike other rallies into the current area, this price action might suggest a persistent trend and a new dawn for the industry following months of collapsing companies and bankruptcies. As of this writing, Bitcoin (BTC) trades at $22,800 with sideways movement in […]
Bitcoin Price Bulls In Check, Signs of Fresh Increase above $21.5K Bitcoin price is attempting a fresh increase above the $21,200 resistance zone. BTC could gain bullish momentum if there is a clear move above the $21,500 resistance. Bitcoin corrected lower, but it found support near the $20,500 zones. The price is trading above $21,000 and the 100 hourly simple moving average. There is a short-term […]
Bitcoin Might Fall Below $20,000 Before Bull Rally Resumes, Analyst Says The last two weeks have been incredible for the price of bitcoin. The digital asset has been able to successfully make its way out of a depressing bear trend and reached two-month highs in the process. However, with the recent pullback, there may be a bit more pain for bitcoin investors before the upward rally […]
Overbought Or Ready To Rip? Bitcoin Daily RSI Reaches Explosive Levels Bitcoin price is showing signs of getting overheated on daily timeframes using the Relative Strength Index (RSI). The tool, typically used to spot overbought conditions, is at one of its highest levels ever historically. However, an elevated RSI reading in BTCUSD is deceiving, leading to some of the most dramatic moves ever on the cryptocurrency’s […]
