Recent data reveals the crypto economy has experienced notable growth over the past month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won accounted for 3.53% of all bitcoin (BTC) trades in the previous 24 hours. Bitcoin Price Soars $ …
Bitcoin Technical Analysis: BTC Price Holds Above $35,000 But Momentum Slows
Bitcoin’s price is holding above the $ 35,000 level, but positive momentum has slowed over the past week according to technical indicators. The world’s largest crypto asset by market capitalization closed at $ 35,369 on November 8. As Global Markets Show Mixed Signals, Bitcoin Rally Takes a Breather Above $ 35,000 Global …
Bitcoin Technical Analysis: Steady Above $35K as Indicators Signal Growth Potential
Bitcoin’s stability appears to be holding as the price consolidates around $ 35,140, showing a modest 24-hour trading range. Despite recent fluctuations, market sentiment remains cautiously optimistic, with key technical indicators providing a mixed but generally favorable perspective. The neutral readings on the RSI and Stochastic oscillators, alongside bullish signals from moving averages, suggest …
Bitcoin, Ethereum Technical Analysis: ETH Moves Back Above $1,800, BTC Remains Near Recent Highs
Ethereum once again rallied above the $ 1,800 level on Monday, ahead of a highly significant week of U.S. economic data. Over the next few days consumer confidence, and nonfarm payrolls will be reported, ahead of a Federal Reserve policy meeting. Bitcoin continued to trade close to the $ 35,000 zone. Bitcoin On …
Bitcoin, Ethereum Technical Analysis: BTC Explodes Above $35,000 as ETF Speculation Intensifies
Bitcoin rallied to its highest level since May 2022, as bullish sentiment exploded throughout the market. The surge came as traders believed a United States SEC announcement was imminent, over a bitcoin exchange-traded fund (ETF), likely from Blackrock. Ethereum also rose, climbing above $ 1,800. Bitcoin Bitcoin bulls pushed the cryptocurrency over the $ …