Bitcoin bulls remain determined amidst waning sentiment

2023-8-5 13:30

An assessment of BTC's On-Chain Losses Ribbon revealed that a bullish trend was still present in the market.   A fall in BTC's exchange reserves signals a decline in the coin's sell-offs.

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Bitcoin (BTC) на Currencies.ru

$ 66900.39 (-0.06%)
Объем 24H $16.128b
Изменеия 24h: -0.05 %, 7d: 9.74 %
Cегодня L: $66856.94 - H: $67006.39
Капитализация $1317.946b Rank 1
Цена в час новости $ 29011.05 (130.6%)

btc present still trend market fall coin

btc present → Результатов: 125


Bitcoin Price Fails to Break Through $25K Level Following Loss in Momentum by General Cryptocurrency Market

Bitcoin is still battling to hold on to present support as trading volume keeps dropping after reaching a high of $25k on Sunday and now sliding to the $23k lower level. BTC and ETH are seeing single-digit percent losses this week of 3-4%, even as the cryptocurrency market’s market valuation is still above the $1 […] The post Bitcoin Price Fails to Break Through $25K Level Following Loss in Momentum by General Cryptocurrency Market appeared first on NullTX.

2022-8-19 06:38


Growth Of Bitcoin ETFs & Other Instruments Doesn’t Support Supply Shock Narrative

Data shows while the Bitcoin supply present on exchanges has been trending down, growth in other investment vehicles like ETFs and WBTC has been making up for this drop. Bitcoin Exchange Reserves Decline, But ETF And Other Instruments Enjoy Growth As per the latest report from Arcane Research, BTC exchange reserves have seen significant decline this year, but the growth in newer investment instruments like ETFs has made up for it.

2021-12-23 22:00


Ether Retraces to Trade Under $3,400 But Several Catalysts Are Still Present to Sent it Higher

While Ether’s 14-day relative strength index rising above 70, the highest since January gives an indication of the rally being stretched; ETH/BTC has “literally just thin air until 0.08 minimum.” The post Ether Retraces to Trade Under ,400 But Several Catalysts Are Still Present to Sent it Higher first appeared on BitcoinExchangeGuide.

2021-5-5 19:42


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Bitcoin Sees Mounting Strength as Next Parabolic Wave Begins

Bitcoin has seen some promising signs of strength throughout the past few days and weeks The cryptocurrency has secured what appears to be a strong foothold above $50,000, which comes as many altcoins show signs of immense strength Where the market trends next will undoubtedly depend largely on whether or not BTC can maintain its present stability Any sharp decline from here could drag the entire market lower and lead to a cascading selloff However, […]

2021-2-19 23:00


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Ethereum is Looking “Ridiculously Bullish” as Analysts Eye a Move to All-Time Highs

Bitcoin has been facing some immense turbulence as of late, but it has yet to have any grave impact on altcoins Most major altcoins have been decoupling from the benchmark cryptocurrency, with ETH gaining against its BTC pair while Chainlink sees fresh all-time highs This momentum is being slowed slightly by Bitcoin’s present weakness, but it remains unclear as to whether this will reverse the altcoin breakouts For ETH, in particular, one analyst is calling […]

2021-1-16 01:00


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It’s the Moment of Truth for Ethereum as Analyst Eyes Move to New Highs

Ethereum has been rocketing higher throughout the past few days, with its latest round of upside kicking off after the sudden rally from the mid-$700 region to over $1,000 The crypto has now established a solid foothold within the $1,000 region, and bulls confirmed this level as support yesterday This is indicative of its present strength, and its ability to climb today while Bitcoin consolidates has given its BTC pair some strength Where the entire […]

2021-1-7 01:00


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Large Bitcoin Holders Just Moved 80,000 BTC; Analysts Grow Cautious

Bitcoin is in the process of testing its 2020 highs again as bulls attempt to take the reins and guide it to see further upside It has been struggling to gain any serious near-term momentum due to the selling pressure at $13,200, but once broken, it could rally towards $14,000 Despite its overt bullishness at the present moment, there are a few bearish signs that may indicate that a selloff is brewing One analyst is […]

2020-10-25 01:00


Here’s the Reason Why Bitcoin’s Price is Stable Despite Macro Turbulence

Bitcoin’s price has been incredibly stable throughout the past couple of weeks Even bearish news developments that would have – in years past – catalyzed far-reaching selloffs have done little to shake its present strength Analysts are now widely noting that the traditional markets will be a guiding force for BTC going forward Which direction they begin trending mid-term will likely influence the benchmark crypto One on-chain analyst is now putting forth an interesting observation […]

2020-10-8 21:00


Bitcoin Shorts May Soon Get “Trapped” as Bulls Slow BTC’s Descent

Bitcoin’s price has found some stability following the recent market-wide selloff that helped send it down from highs of $11,200 to lows of $10,400 Bulls are ardently guarding against it seeing further near-term downside at the present moment There is a possibility that sellers will be able to continue pushing the market lower in the near-term, as turbulence within the stock market is providing an ideal background for bears to operate against One analyst is […]

2020-9-23 21:00


Here are the Simple Factors That Could Pull Bitcoin Towards Its 2020 Highs

Bitcoin is showing tempered signs of strength at the present moment as its price pushes up towards $11,800 The cryptocurrency has been seeing slight weakness in recent days, making this latest upswing a welcome development for bulls BTC has yet to break its prolonged consolidation phase between the lower-$11,000 region and $12,000 Some factors suggest a break of this range is imminent in the near-term One analyst is pointing to stock market strength and weakness […]

2020-8-25 02:00


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Bitcoin Short Positions Surge to 4 Month High as Bears Grow Aggressive

Bitcoin and the entire crypto market – with a few exceptions – is flashing signs of weakness at the present moment This has come as a result of the sharp decline seen last night, which sent BTC reeling below its key $12,000 support The benchmark crypto is now consolidating between $11,600 and $12,000 This is the same trading range that it was trading in before its recent break above $12,000 Analysts do believe that the […]

2020-8-20 02:00


This Technical Pattern Suggests Bitcoin is Ready to Push Towards $14,000

Bitcoin has now entered a clear consolidation phase as its price hovers above $11,000 Bulls were able to maintain their strength overnight, pushing BTC towards $11,200 as bears lose their support BTC’s overt strength at the present moment suggests that it is well-positioned to see further near-term upside One analyst is also pointing to the emergence of a technical pattern as another reason why it may push higher He notes that this pattern could send […]

2020-7-30 21:00


Bitcoin Futures Premium Shows That Institutions are Bullish on BTC

Bitcoin futures have seen a rising premium over spot BTC in recent months, which seems to indicate that traders are bullish on the benchmark cryptocurrency. This premium is particularly clear while looking towards the CME – which seems to indicate that professional traders and institutions are particularly bullish on BTC at the present moment. This […]

2020-7-8 00:00


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Bitcoin Just Shattered an “Optimal Short” Level; Here’s What This Means

Bitcoin saw a surprising overnight surge that allowed the cryptocurrency to capture a position within the $8,000 region This movement came about after an extended period of consolidation and multiple firm rejections at $7,800 BTC’s present momentum may not last too long, however, as the crypto is fast approaching a level that analysts are describing as an “optimal short” due to the resistance that has been established here Bitcoin’s intense uptrend from its recent lows […]

2020-4-30 21:00


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Renowned analysts present the bullish and bearish case for Bitcoin

Bitcoin has seen its price surge by nearly 40 percent since Jan. 3. The bullish impulse allowed the flagship cryptocurrency to move far beyond the $9,000 resistance level. As a result, BTC has today a year-to-date (YTD) return of 170 percent making Q1 2020 the best performing Q1 in the last seven years, according to […] The post Renowned analysts present the bullish and bearish case for Bitcoin appeared first on CryptoSlate.

2020-2-3 17:13