Bitcoin BTC$102,108.42 is trading near a key level that has served as strong support throughout the nearly three-year-long uptrend, amid signs of de-escalation in U.S.-China trade tensions. That key level is the 50-week simple moving average (SMA), which has acted as a trampoline, fueling bullish momentum, refreshing for a larger upward move at least three
Bitcoin BTC$101,373.83 continued to slide on Tuesday U.S. hours, falling below $102,000 and taking out the lows of the October 10 crash. The largest crypto plunged 4.5% over the past 24 hours and 11.8% over the past seven days to near $101,900, its weakest since late June. Ethereum’s ether ETH$3,388.95 also fell below the crash
Analyst il Capo of Crypto, one of the well-known names in the cryptocurrency world, made new statements following the recent decline in Bitcoin. Bitcoin’s price saw another 3.69% drop in the last 24 hours today, extending its losing streak. At the time of writing, BTC is trading at $102,641. Ethereum, on the other hand, is
Key highlights: Bitcoin tumbles below $104K, with traders bracing for a test of $100K Analysts eye possible correction toward $92K CME futures gap Short-term holders show signs of capitulation amid growing losses Bitcoin has fallen below $104,000 for the first time in weeks, sparking warnings from traders that the leading cryptocurrency may retest sub-$100,000 levels
In what may be the start to putting in a bottom in the crypto sell-off or the harbinger of more brutality to come, or both, Paris-based Sequans (SQNS) became the first of this year’s hastily-formed bitcoin treasury companies to unload some its BTC stack. Alongside its third-quarter earnings report, Sequans Tuesday said it redeemed 50%
As Bitcoin extends its multi-week decline, touching $103,700 today, attention is now shifting toward a technical level that has repeatedly defined its long-term trend. Analyst Lark Davis highlighted this level in a new post, noting that Bitcoin is approaching the same area that triggered several major rebounds since early 2023. 50-Week EMA Has Historically Supported
Bitcoin Price extended its losses today, sliding more than 2.5% to around $102,852 as renewed U.S. dollar strength and investor outflows from crypto ETFs weighed heavily on the market. The bitcoin price drop comes after Bitcoin’s worst October performance in nearly a decade, further denting sentiment among traders already reeling from a historic liquidation event
Recent bitcoin price action has left many investors frustrated. Despite setting new all-time highs above $120,000 earlier this year, the bitcoin price has struggled to keep pace with equities and Gold in recent months. The S&P 500 and precious metals have surged to new records, while Bitcoin has remained range-bound, giving the impression that it’s
Boltz, the bitcoin-only instant swap exchange, is cornering a niche sector of the bitcoin industry and quickly becoming a favorite of advanced bitcoin users. Its fully open source tech stack, which is actually trust-less, unlocks a variety of possibilities for the industry, including a zero-custody risk bridge across Bitcoin layers. Boltz exchange was founded in
Bitcoin’s technical structure remains decisively negative and will stay that way “until” a key resistance level is reclaimed, according to veteran analyst Josh Olszewicz in his latest video published today. Pointing to the Ichimoku Cloud and a stack of trend signals, Olszewicz said, “Below the cloud we’re bearish, above we’re bullish. We are currently below…