Bitcoin continues to 'mirror' 2017 as weekend sees third attack on $25K

Bitcoin continues to 'mirror' 2017 as weekend sees third attack on $25K
фото показано с : cointelegraph.com

2023-2-19 19:49

A fresh burst higher into the weekly close for BTC price comes in tandem with suspicions over the motives of large-volume Bitcoin exchange traders.

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Bitcoin (BTC) на Currencies.ru

$ 66224.29 (-0.21%)
Объем 24H $18.68b
Изменеия 24h: -1.15 %, 7d: 7.90 %
Cегодня L: $66040.38 - H: $67668.16
Капитализация $1304.655b Rank 1
Цена в час новости $ 24518.2 (170.1%)

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Bitcoin Moving in Tandem with S&P 500 as the Fed Begins its Meeting; Funding Goes Negative Across the Board After Wiping Out $1.2B

Sentiments of “extreme fear” enters the market on the latest dip, but when everyone sees darkness, it is time to add risk and do that “incrementally.” The post Bitcoin Moving in Tandem with S&P 500 as the Fed Begins its Meeting; Funding Goes Negative Across the Board After Wiping Out .2B first appeared on BitcoinExchangeGuide.

2021-9-21 15:42


Prominent Investors are Selling Bitcoin, Calling Recent Parabolic Rise “Unsustainable”

Bitcoin’s parabolic advance has finally come to an end, with bulls losing their footing following the recent break below $40,000 Its macro parabola could very well still be valid and in play, but it will require a firm and swift trend reversal in the near-term The entire market is reeling lower in tandem with Bitcoin, and investors widely believe that the ongoing descent could extend further This comes as one prominent Bitcoin investor from Guggenheim […]

2021-1-12 21:00


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Ethereum is a Hot Topic Following 2.0 Launch; Will This Boost Its Uptrend?

Ethereum and the entire crypto market have pushed higher overnight, which comes as Bitcoin gears up for another test of its all-time highs This push higher has allowed ETH to gain what appears to be a strong foothold within the lower-$600 region Any rejection or downturn seen by Bitcoin, however, could cause Ethereum’s price to plunge in tandem and once again lose this coveted level Data regarding the sentiment and social activity surrounding ETH seems […]

2020-12-4 00:00


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Ethereum Could Soon Rally Up to 180% Against BTC as Strength Mounts

Ethereum and Bitcoin have both seen significant declines against their USD trading pairs today This came about after the benchmark cryptocurrency raced to all-time highs and posted a rejection at this level, pointing to underlying weakness amongst bulls ETH’s BTC trading pair, however, has remained stable, as the two digital assets moved lower in tandem This is a positive thing for Ethereum, as one analyst is noting that ETH/BTC’s current strength indicates that this trading […]

2020-12-2 23:00


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Ethereum Could Target $850 Once It Breaks Key Resistance, Claims Analyst

Ethereum has flashed signs of immense strength despite a fleeting overnight selloff This recent decline came about in tandem with that seen by the rest of the crypto market Bitcoin plunged below $18,000 before posting a “V-shaped” recovery and rallying significantly higher This recovery also helped lead ETH higher, with the cryptocurrency rapidly navigating back up to where it has been trading throughout the past couple of days Its recent strength and unwavering uptrend indicate […]

2020-11-23 01:00


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Bitcoin’s Network Activity Reaches an All-Time High as Price Rockets Higher

Bitcoin has been caught within the throes of an intense upswing, with buyers maintaining full control of its price action as they move to push it up towards $19,000 The strength of this latest push higher has come about as the entire market rallies in tandem, which is a tell-tale sign that the crypto market is caught in the throes of a full-fledged bull trend Where BTC trends next will likely set the tone for […]

2020-11-21 02:00


This Indicator Shows Ethereum is Structurally Similar to Where BTC Was in 2016

Bitcoin and the aggregated cryptocurrency market have been leading altcoins higher, with Ethereum showing some immense signs of strength as it once again breaks $470 The broader crypto market is getting stronger, as altcoins are now rallying in tandem with BTC or closely following it If this trend persists, then investor sentiment and risk appetite may continue growing, leading more investors to rotate capital into higher beta assets This possibility is already coming to fruition, […]

2020-11-14 23:00


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Analysts Expect Ethereum to Surge to $445 as Buy-Side Demand Builds

Ethereum is moving higher today in tandem with Bitcoin after bearing witness to some intense selling pressure yesterday The cryptocurrency has primarily been consolidating as of late, with bulls and bears being unable to spark any clear trend This has caused ETH to see severe underperformance of Bitcoin, with the benchmark cryptocurrency far outpacing it as of late Where Ethereum trends in the near-term may depend largely on where the aggregated market moves as election […]

2020-11-4 23:00


Bitcoin Explodes Towards $12,000 as Altcoins Plunge; What Analysts are Saying

Bitcoin has been sucking the air out of altcoins for the past few hours, with its price rallying significantly as Ethereum and other altcoins all sell-off This rally has sent it up towards $12,000, which mark fresh highs since its decline from its $12,400 yearly highs first began It does appear that bulls are currently setting their sights on a move past $12,000 Unlike Bitcoin’s previous rally – which came about in tandem with that […]

2020-10-20 21:00


Here’s How Stock Market Turbulence Could Crush Bitcoin Short-Term

Bitcoin has been trading in close tandem with equities throughout the past several days Heightened correlation to risk-on assets is a common BTC trait during times of immense global turbulence Although this strikes a blow to its safe-haven narrative, the cryptocurrency still has a long way to go before it fully decouples with the traditional markets This global economic turbulence that is weighing on Bitcoin may only get worse as the year drags on and […]

2020-9-23 02:00