Here’s Why Bitcoin’s Violent Selloff May Have Invalidated its Mid-Term Uptrend

2020-2-16 01:00

Bitcoin bulls were surprised to wake up to a massive early-morning drop that sent the cryptocurrency reeling down to lows of $9,700, which is where BTC was able to find some support that helped it climb higher.

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bitcoin 700 reeling down lows btc climb

bitcoin 700 → Результатов: 126


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$28.7K Could Be Next Level To Break For Bitcoin, Here’s Why

On-chain data suggests the $28,700 mark, which Bitcoin has yet to hit since the LUNA collapse, could be the next major obstacle to clear for the asset. Bitcoin Has Been Under The $28,700 Level For 310 Days Now According to data from the on-chain analytics firm Glassnode, the $28,700 is the cost basis (that is, the acquisition price) of a specific whale group in the BTC market.

2023-3-22 22:48


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3 Reasons Why Bitcoin Price Has Surged $700 This Week

Bitcoin has bounced back above the $10,000 level, gaining over $700 since Sunday. Here are three of the main drivers for why the dominant cryptocurrency is rallying right now. Binance & Bitfinex Announce Bitcoin Derivatives While Bitcoin started as a decentralized digital currency meant for peer-to-peer transactions, crypto exchanges reshaped the coin’s flow by handling most of the trading.

2019-9-4 19:00


Bitcoin’s imminent support breached: $9,700 to $9,400 or $10,100 to $10,700?

As mentioned in the crossroads article, Bitcoin has successfully invalidated the support after breaking out of the rising wedge and closing below it in the one hour chart. The short-term prospect for Bitcoin from hereon looks bleak and gloomy as, at press time, the price of Bitcoin was $9,943, after it had collapsed by more […] The post Bitcoin’s imminent support breached: $9,700 to $9,400 or $10,100 to $10,700? appeared first on AMBCrypto.

2019-8-21 18:00


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Bitcoin Breaks Downtrend by Surging 10% to $6,700, is the Tether Sell-off a Factor?

Earlier today, on Oct. 15, the price of Bitcoin surged from $6,150 to $6,700 on most major fiat-to-cryptocurrency exchanges including Coinbase, Bitstamp, and Kraken. Although the price of the dominant cryptocurrency surpassed the $7,500 mark on Bitfinex, the increase in the value of Bitcoin on Tether-enabled exchanges such as Bitfinex and OKEx were triggered by […] The post Bitcoin Breaks Downtrend by Surging 10% to $6,700, is the Tether Sell-off a Factor? appeared first on CryptoSlate.

2018-10-15 14:00