Bitcoin, with its intraday low and high at $ 60,760 and $ 66,382 respectively, and currently trading above the $ 63,500 mark, showcases its durability and unpredictability. The price movements of bitcoin persist in the lead-up to the U.S. Federal Reserve’s gathering on Wednesday afternoon. Bitcoin On March 20, 2024, bitcoin’s (BTC) …
Bitcoin Technical Analysis: Sharp Downturns as Bearish Trends Dominate Price Movements
Bitcoin witnessed a notable intraday swing from $ 65,569 to $ 73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $ 1.3 trillion, supported by a substantial 24-hour trading volume of $ 89 billion. Bitcoin The analysis of bitcoin’s (BTC) oscillators and …
Bitcoin Technical Analysis: Bearish Signals and Bullish Hints Amidst Market Turbulence
Bitcoin, the leading digital currency by market cap, showcased nuanced market dynamics on Jan. 29, 2024. Bitcoin’s value fluctuated within a narrow band, ranging from approximately $ 41,950 to $ 42,069 within the last hour. Indicators such as oscillators and moving averages reveal a diverse perspective, indicating a multifaceted interaction of market factors. …
Ethereum Technical Analysis: Bearish Trends Dominate Across Multiple Timeframes
Similarly to bitcoin’s action, the second largest crypto asset by market cap, ethereum, has seen some market turmoil and a distinct downtrend. As of Jan. 22, 2024, ether has shown a notable decrease, registering a 3.3% drop in 24 hours and a 5.7% decline over the past week. Ethereum Ethereum’s (ETH) market capitalization stands at […]
Bitcoin Technical Analysis: BTC Navigates Through Bearish Currents
With market capitalization standing at $ 798 billion and a 24-hour trade volume of $ 16.58 billion, bitcoin’s current state remains consolidated just above the $ 41K zone. As bitcoin hovers around $ 41,088, a meticulous analysis of its 1-hour, 4-hour, and daily chart unveils a predominantly bearish trend. Bitcoin Oscillators, …