In a remarkable display of strength, bitcoin surged to a high of $ 47,526 on Feb. 9, 2024, marking a significant uptrend in its price. With a market capitalization of $ 921 billion and a 24-hour trade volume of $ 32.56 billion, the market sentiment is overwhelmingly positive. Bitcoin Oscillators and moving …
Bitcoin Soars Above $45K, Reaching 4-Week High Post Spot ETF Launch
Bitcoin’s USD value surged to its peak in nearly four weeks, marking the highest point since the launch of spot bitcoin exchange-traded funds (ETFs) on Jan. 11, 2024. On Thursday, bitcoin’s price climbed over 4% against the U.S. dollar, and hit a peak of $ 45,522 per unit. Bitcoin Breaks $ 45K Barrier …
Bitcoin Technical Analysis: BTC Holds Steady Above $43K as Bulls Defend Support
Bitcoin’s price is holding above the $ 43,000 range after bulls defended key support levels over the weekend. The leading crypto asset is up 2% week-to-date and 5.6% over the past two weeks. Bitcoin On the 1-hour chart, bitcoin’s price action shows a short-term uptrend, with higher lows indicating continued buying interest. The …
Bitcoin Technical Analysis: Navigating BTC’s Ups and Downs as Price Teeters Above $41K
On Thursday, bitcoin experienced a decline, reaching a low of $ 40,600, and has since been hovering slightly above the $ 41,000 mark. The cryptocurrency world is abuzz with speculation about the duration of this downturn, especially as the excitement surrounding the spot bitcoin exchange-traded fund (ETF) begins to wane. Bitcoin The bitcoin …