Veteran trader Peter Brandt has highlighted a bitcoin price pattern that frequently appeared in past major bull runs. “It is the Hump …Slump …Pump… Dump [HSPD] that keeps a bull trend healthy,” he explained, emphasizing: “Study past major bull runs in bitcoin and you will discover they were replete with HSPDs.” Bitcoin Bull Runs and […]
Bitcoin’s price dynamics on Jan. 24, 2024, present a complex picture of market fluctuations and investor sentiment. With prices oscillating between $ 39,878 and $ 40,069 in the past hour and a broader 24-hour range of $ 38,505 to $ 40,515, the cryptocurrency exhibits notable volatility. Bitcoin Bitcoin’s market capitalization …
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 …
Monday is anticipated to be a subdued day for trading activities, owing to the observance of Martin Luther King Jr. Day, resulting in the closure of the U.S. bond market, Nasdaq, and the New York Stock Exchange (NYSE). Over the past hour, bitcoin has been observed trading within the range of $ 42,530 and …
Bitcoin’s current price steadies at $ 42,750 to $ 42,964 and an intraday range between $ 41,820 and $ 43,192. Despite the fluctuations, the market capitalization holds strong at $ 841 billion, with a 24-hour trade volume of $ 25.32 billion. Oscillators sway gently in a neutral stance, while …