Bitcoin price is moving higher above the $31,000 resistance. BTC could soon rally if there is a close above the $31,400 resistance zone. Bitcoin is showing positive signs and trading above the $30,800 resistance zone. The price is trading above $30,850 and the 100 hourly Simple moving average. There is a major bullish trend line…
Over the last month, a coordinated attack against altcoins by the US SEC caused Bitcoin dominance to surpass 50%. Above the psychological level makes BTC more valuable as a whole than the entire crypto market. However, a technical signal has appeared that in the past put in a peak in BTC.D and suddenly sparked a…
On-chain data shows that Bitcoin sharks and whales have continued to accumulate recently, something that could help the rally go parabolic this month. Bitcoin Sharks & Whales Have Continued To Add To Their Holdings According to data from the on-chain analytics firm Santiment, BTC sharks and whales have participated in further buying during the past…
The Bitcoin market is experiencing a seismic shift, with recent data revealing fascinating trends that shed light on the evolving dynamics. From a significant decline in Bitcoin inflows to a historic drop in supply on exchanges, coupled with a surge in institutional fund accumulation, these developments highlight a maturing market and changing investor sentiment. Unprecedented…
Bitcoin price is moving higher above the $30,500 resistance. BTC is showing positive signs and might aim for a new high above the $31,400 level. Bitcoin is trimming all its losses and trading above the $30,500 resistance zone. The price is trading above $30,500 and the 100 hourly Simple moving average. There is a key…
Bitcoin had been trending over $31,000 for the better part of Friday after reclaiming this support level from the bears. However, this did not last long as the digital asset saw a flash crash that sent its price spiraling toward the $29,000 level. SEC Says ETF Filings Are Inadequate On Friday, the Wall Street Journal…
Institutional investors are paying more attention to cryptocurrencies and digital assets. According to a recent survey report by Binance Research and Binance VIP & Institutional, 88% of institutional users have a long-term, optimistic outlook on crypto for the next decade. The crypto market is known for its high volatility, but the majority of big-money players…
The Bitcoin and crypto market eagerly observed the expiry of the quarterly BTC and ETH options today (at 8:00 am UTC / 4:00 am EST). It was the second largest in history with a volume of 159,000 BTC options and 1.25 million ETH options with a total value of almost $7 billion. The market was…
Bitcoin price is still struggling to clear the $31,000 resistance. BTC is showing strength and might soon rally toward the $32,000 resistance. Bitcoin is trading in a range below the $31,000 resistance zone. The price is trading above $30,400 and the 100 hourly Simple moving average. There was a break above a key declining channel…
Still recording some green on small timeframes, the price of Bitcoin has remained above $30,400. Despite the recent selling pressure across the sector, the support around this level held, providing bulls a chance to fight back. As of this writing, Bitcoin trades at $30,458 with sideways movement in the last 24 hours. The previous week,…