Bitcoin’s price on December 1, 2024, hovers around $ 97,124, reflecting a consolidation phase as the cryptocurrency market evaluates its next directional move. Bitcoin The 1-hour chart reveals bitcoin (BTC) recently rebounded after touching a low of $ 95,758. It is now trading within a narrow range of $ 97,000 to $ …
Bitcoin Technical Analysis: BTC Eyes 6-Digit Range Despite Resistance
In the last hour, bitcoin’s price is coasting along between $ 97,865 to $ 98,580 on Nov. 29, 2024, after a bullish rally that pushed the market cap to $ 1.95 trillion. The cryptocurrency’s technical indicators suggest a strong upward momentum across multiple timeframes, though significant resistance looms near the $ …
EU Banking Rules Give Crypto Firms an Edge Over US Counterparts, Analysis Finds
European Union banking regulations have provided a significant competitive advantage for crypto firms compared to the challenges faced by their U.S. counterparts, according to an analysis by Patrick Hansen, senior director of EU strategy and policy at Circle. Circle Exec: Regulatory Clarity Helps Europe Surpass U.S. in Crypto-Friendly Banks According to Hansen’s report, he highlights […]
Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum
As of Nov. 25, 2024, the price of bitcoin (BTC) has traded between $ 97,076 and $ 97,547 within the past hour, displaying a strong bullish trajectory across multiple timeframes. Technical indicators suggest a mixture of neutral momentum and buy signals, highlighting the potential for further growth while signaling areas of caution. Bitcoin …
Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal
Bitcoin’s price correction across multiple timeframes reveals short-term bearish pressure while maintaining a bullish outlook in the long term. Bitcoin Bitcoin’s (BTC) recent price action highlights a bearish correction across short-term timeframes, while the broader trend remains bullish, with key levels dictating potential opportunities for traders. The hourly chart reveals a short-term bearish trend for […]