Bitcoin price fell toward $83,000 on Sep. 29 after retreating from last week’s high near $87,400. The latest 4-hour decline brought the price close to a support area that also holds a dense band of potential long liquidations. TradingView’s Binance $BTC/USDT chart showed Bitcoin near $83,050 late on Sep. 29, down from a Sep. 21
Intraday Charting Points to Sharp Reversals Bitcoin’s price trended down on Tuesday, even as the cryptocurrency saw another turbulent 24 hours during which it fluctuated from just under $83,000 to a peak of just below $84,500. The cryptocurrency’s performance came on the back of growing rhetoric between Washington and Iran over the fate of the
Bitcoin has faced a larger threat from a possible second Federal Reserve rate hike than from the Senate’s failed CLARITY Act vote, according to comments from a HashKey Group researcher shared with crypto.news. Tim Sun, HashKey Group’s senior researcher, told crypto.news that Bitcoin’s path now depends more on U.S. financial conditions and investment flows than
Xapo Bank has released a new report that outlines several methods for earning yield on Bitcoin. This report, highlighted by crypto commentator @glassnode, delves into the evolving landscape of Bitcoin yield opportunities. The insights offered could significantly impact how investors approach Bitcoin as a yield-generating asset. Breaking It Down As interest in cryptocurrency continues to
1-Hour Chart: Buyers Return, but $85,131 Stands in the Way Bitcoin’s price on the hourly chart tells quite a story, beginning with the Sept. 17 low near $74,962 and a sharp advance to $87,374 around Sept. 21-22. That rally subsequently ran out of steam, giving way to a multiday decline and another retreat into the
In brief Bitcoin is up 7.33% for September, just ahead of 2024’s 7.29%, which would make it the best September returns going back to 2013. A fourth straight green September would be the longest streak on record, after six consecutive red ones from 2017 to 2022. The record depends on the Sept. 30 close: at
Bitcoin price is losing momentum heading into the final quarter of 2026, pulling back from the recent high near $87,400. The decline comes after a strong September recovery, with $BTC now facing resistance near its recent highs as traders assess whether the latest weakness is simply a short-term correction or the start of a deeper
Bitcoin ($BTC) reversed its latest gains after Tuesday’s Wall Street open as US bond yields continued to set multidecade highs. Key points: Bitcoin abandoned a low-time frame rebound after reaching $84,450, dipping back below $83,000. US bond yields set new multidecade highs on Tuesday as gold sought to recover from a 3.6% drop to $4,115
Yi Lihua, founder of Liquid Capital, said that the recent short-term upward breakout in Bitcoin could be a “bull trap,” but the main uptrend on the daily chart has not yet been broken. According to Yi Lihua, the current pullback in the cryptocurrency market can be considered a correction within the ongoing upward channel on
A new analysis has emerged for Bitcoin and gold, which have been considered each other’s biggest rivals for years. Accordingly, Coinbase Institutional shared a new assessment highlighting the relationship between Bitcoin and gold. Coinbase Institutional noted that Bitcoin’s 90-day correlation with gold is nearing a record high, but stressed that high correlation does not mean