Analysts say Bitcoin has started its journey toward a new all-time high and the sideways action from altcoins suggests traders are shifting funds into BTC. Bitcoin (BTC) resumed its rally on Oct. 11 and climbed close to $58,000. This marks an almost 100% recovery from the May plunge and shows that any regulatory action by… More
Bitcoin could pick up momentum above $56,100 and that could attract buying in DOT, UNI, LINK, and XMR. Bitcoin (BTC) has continued to trade near the $55,000 level. The sharp rally in Bitcoin has pushed its market dominance from 40.70% on Sep. 12 to about 45% on Oct. 11. This shows that the strong recovery… More
Bitcoinâs strong recovery to $49,000 has boosted bullish sentiment and it may provide further incentive for LUNA, ATOM, XTZ and AXS to rally in the short term. The sentiment in the crypto markets can change quickly as seen from the Crypto Fear and Greed Index, which has risen from levels of extreme fear on Sept.… More
Historical data suggests that October is a good month for Bitcoin bulls, and the push above $47,600 on Oct.1 could be a signal of what’s to come for BTC and altcoins. The month of September stayed true to its billing as a historically weak period for cryptocurrencies. Bitcoin (BTC) closed the month with a loss… More
Even in a red market, solid gains can be made. Hereâs how Cointelegraphâs unique trading tools highlighted the assets with the strongest historical outlook. Last week was challenging for crypto traders, with Sept. 24âs FUD-triggering crypto-ban news out of China wiping out much of the gains that investors had managed to rake in earlier in… More
Bitcoin and altcoins made a sharp downside move to their recent lows after news that China banned crypto trading surfaced. The crypto marketâs recovery was rocked on Sept. 24 after news that China’s government is adopting a new set of measures that includes stronger inter-departmental coordination to âcut off payment channels, dispose of relevant websites… More
Bitcoin is sustaining above its immediate support, but several altcoins are showing signs of profit-booking. Bitcoinâs (BTC) recovery is facing stiff resistance near $48,500, indicating that bears are active at higher levels. By combining the popular stock-to-flow Bitcoin price model and the illiquid supply data, analyst William Clemente projects $39,000 to act as a strong floor… More
Bitcoinâs quick dip below $44,000 sent altcoin prices into a freefall and has some traders worried that the correction could deepen. Bitcoinâs (BTC) failure to make a strong recovery in the past few days has resulted in profit-booking in most major altcoins, threatening to pull the total crypto market capitalization back below $2 trillion.The U.S.… More
While Bitcoin price is fighting to hold above the 200-day SMA, ALGO, ATOM, XTZ, and EGLD continue to march higher. Bitcoin (BTC) is witnessing a tough tussle between the bulls and the bears near the 200-day simple moving average (SMA), which is considered to be an important level by institutional investors attempting to decide whether… More
What caused Bitcoin’s latest price crash? Theories are flying everywhere, but Cointelegraph’s market experts have arrived to get to the bottom of it. Tune in now! âThe Market Reportâ with Cointelegraph is live right now! Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Yashu Gola. Todayâs… More
This weekâs sharp rally in Bitcoin and Ether signals that bulls are back in control and altcoins are likely to follow. Bitcoin (BTC) finally broke above the $50,500 resistance and Ether (ETH) has risen above the $4,000 mark. This suggests that there is growing interest in cryptocurrencies and several legacy finance companies are initiating steps… More
Bitcoin price continues to press higher within its range and altcoins broke out after ETH rose above a key resistance level. Bitcoin (BTC) is struggling to break above $50,000 but analysts remain confident due to strong on-chain metrics. Analyst Willy Woo believes that investors have been accumulating Bitcoin and a break above $50,000 could result… More
Ether showing strength, while Bitcoin is consolidating in a range beneath $50,000. Bitcoin (BTC) has been seeing some consolidation below $50,000 as a psychological barrier. However, during this pullback, several big altcoins have been surging in price, suggesting that the alt season isnât over yet.Meanwhile, Bitcoinâs price faces a crucial resistance to break through, while… More
Bitcoin and altcoins saw a strong bounce off their respective support levels, a sign that traders are still buying on dips. Asset managers and companies currently hold over 6% of Bitcoinâs (BTC) circulating supply, according to Buy Bitcoin Worldwide. A breakdown of the data shows Bitcoin fund issuers and asset managers hold about 4% of… More
Bitcoin bulls are looking for BTC to rebound off a support zone and if confirmed, ETC, LUNA, KLAY and AXS could push higher. Bitcoin (BTC) is facing a stiff challenge from the bears near the $48,000 mark. As Cointelegraph reported earlier, the buy and sell levels show that sellers on Binance have held their ground… More
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