Tags : Critical

Bitcoin

Bitcoin Plunges Ahead of Critical US Inflation Data Release; What

Key Bitcoin Takeaways Bitcoin staged an incredible bounce in the early morning session on Wednesday, breaching $55,000. Nonetheless, retreating US bond yields prompted traders to sell the multi-week top. The underlying bullish sentiment kept Bitcoin above crucial support levels while the market awaited the US Consumer Price Inflation report. Bitcoin went through an aggressive short-covering […]Read More

Bitcoin

A $40,000 Bitcoin Likely as Price Breaks Critical Support Zone

A relief bounce in the Bitcoin market Thursday did little in offsetting its prevailing correction bias as its price slipped inside a critical support area. The BTC/USD exchange rate touched an intraday low of $45,000 during the early Asian trading session Friday, down by up to 22.90 percent from its record high established earlier this […]Read More

Bitcoin

Bitcoin is on the Brink of Seeing a Rally to

Bitcoin has seen some relatively lackluster price action throughout the past few days and weeks, with the crypto’s price being unable to surge as it inches towards its $40k resistance This has come as its smaller counterparts all see massive momentum, with ETH seeing a monumental rally while many smaller altcoins also surge BTC’s lack […]Read More