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
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%
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…
Just when Bitcoin (BTC), Ethereum (ETH) and altcoins were about to fully recover, a new wave of decline is coming and sharp declines are experienced. One of these sharp declines occurred last night, with BTC falling to the $103,000 level. The recent decline in Bitcoin and altcoins has also mobilized whales, with some whales selling
Plume and OpenTrade have announced a partnership with the sole aim of supercharging yields with WisdomTree’s tokenized funds. According to reports, WisdomTree now has up to 14 tokenized funds on Plume that can be held natively in wallets. Meanwhile, Galaxy has promised to allocate $10 million into the WisdomTree Government Money Market Digital Fund. Plume,
Bitcoin has dropped below key technical levels, raising attention among traders and analysts. A bearish crossover on the 3-week MACD, combined with declining price action, suggests weakening momentum as the asset struggles to hold near $104,000. MACD Cross Suggests Momentum Shift According to crypto analyst Mister Crypto, the 3-week MACD has turned bearish. The MACD