Bitcoin Drifts Lower, Support at $25K-$27K

2022-5-21 20:28

Bitcoin (BTC) is roughly flat over the past week. Trading conditions are choppy and indicators suggest a neutral to bearish outlook.

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Bitcoin (BTC) на Currencies.ru

$ 66903.17 (+0.21%)
Объем 24H $23.131b
Изменеия 24h: -0.40 %, 7d: 6.11 %
Cегодня L: $66031.14 - H: $67143.86
Капитализация $1318.047b Rank 1
Цена в час новости $ 29216.31 (128.99%)

bitcoin choppy trading conditions indicators bearish outlook

bitcoin choppy → Результатов: 76


The last time it was this easy to mine Bitcoin, the price was way lower; But, does this matter?

First, it was the Bitcoin hashrate, now it is the mining difficulty. Both of these crucial metrics are currently ongoing a reset in the industry amidst Bitcoin's choppy market condition. According to The post The last time it was this easy to mine Bitcoin, the price was way lower; But, does this matter? appeared first on AMBCrypto.

2021-7-3 21:30


BTC Tumbles Back Under $48k, Twitter CEO says No Single Person or Institution can Change or Stop Bitcoin

Amidst this ongoing choppy price action, not much has changed in the CME Bitcoin futures market, while Dan Morehead of Pantera Capital sees price reaching $115,000 by August. The post BTC Tumbles Back Under k, Twitter CEO says No Single Person or Institution can Change or Stop Bitcoin first appeared on BitcoinExchangeGuide.

2021-5-15 15:52


New Highs Inbound: Ethereum is About to See an Explosive Rally Against BTC

Ethereum’s price action has been strikingly similar to that of Bitcoin’s as of late The crypto is once again showing strong signs of correlation to BTC, which has caused it to see some relatively choppy trading as of late It has continued gaining some slight ground against BTC, although it is now pushing up against resistance on its BTC trading pair It is also nearing a few key USD resistance levels as well, with bears […]

2021-1-19 01:00


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Data Suggests Whales are Keen on Protecting One Key Bitcoin Support Level

Bitcoin has seen some choppy price action throughout the past couple of days, with buyers and sellers largely reaching an impasse Following a swift overnight decline, Bitcoin has posted a strong rebound that has allowed it to surge back to $36,000 Where it trends next will undoubtedly depend on whether or not buyers can flip $36,000 from resistance to support One analytics platform is noting that BTC has yet to test its crucial support level […]

2021-1-19 23:00


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Ethereum Reaches a Fate-Determining Level as Analysts Watch for Volatility

Ethereum’s price action has been closely tracking that of Bitcoin in recent weeks, causing it to see a choppy bout of sideways trading The lack of any real trend in recent weeks has made ETH’s mid-term outlook somewhat unclear That being said, the crypto may now be trading at a pivotal level that determines its near-term outlook One analyst is noting that the price at which it is currently trading has historical significance, and its […]

2020-9-27 22:00


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Here’s the Key Level Bitcoin Needs to Close Above to Kick Off an Uptrend

Bitcoin’s price action has been choppy over the past couple of weeks, with bulls and bears reaching an impasse as it consolidates between $10,200 and $11,200 These two levels have proven to be strong support and resistance, and which one is broken first could offer some significant insights into its near-term outlook As for where it may trend in the near-term, one trader is noting that it all depends on its upcoming weekly candle close […]

2020-9-27 02:00


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Bitcoin is About to Reach a Pivotal Point as Buyers Defend Key Level

It has been a choppy day of trading for Bitcoin and the aggregated crypto market This primarily stems from BTC’s inability to maintain the upwards momentum that was driving it higher yesterday Although losing its momentum is a bear-favoring sign, it is important to note that not too much has changed for BTC from a technical perspective One analyst is noting that the benchmark cryptocurrency is now reaching a pivotal level that will shape its […]

2020-9-12 21:00


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BitMEX Open Interest Collapses Following $25m Bitcoin Liquidation Spree; What This Means

Bitcoin’s recent volatility has led open interest on trading platforms like BitMEX to plummet This has come about amidst a bout of choppy price action, which has led to a massive amount of position liquidations amongst margin traders It is possible that these liquidations are causing more and more traders to move to the sidelines This could lessen BTC’s day-to-day volatility and help it push past $10,000 Bitcoin has seen some volatility in recent times, […]

2020-6-9 02:00