As bitcoin flirts with the $ 69,556 mark, its oscillation between $ 68,900 and $ 71,391 within the last 24 hours suggests a battleground for bulls and bears alike. Amidst a trading volume of $ 27.37 billion, the cryptocurrency giant showcases a current market capitalization of $ 1.36 trillion. Bitcoin …
Bitcoin Technical Analysis: BTC Consolidation Points to Potential Shifts Ahead
On March 29, 2024, with a trading price of $ 70,075, and oscillating within a 24-hour range of $ 68,362 to $ 71,754, bitcoin’s current market behavior reveals significant consolidation and neutrality. Bitcoin Bitcoin’s 1-hour chart reveals recent volatility, with a significant bounce from a low of approximately $ 68,362, suggesting …
Bitcoin Technical Analysis: BTC Bulls Show Strength After Recent Consolidation Period
Bitcoin’s price has seen a period of consolidation after its recent high of around $ 52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for a further move higher after this sideways trading range. Shorter timeframe charts point to …
Bitcoin Technical Analysis: BTC Reclaims $41K Mark Following Short-Term Consolidation
Bitcoin Technical Analysis: BTC in Consolidation Phase as Upper Resistance Strengthens
The leading cryptocurrency, bitcoin, has remained within a limited price range since yesterday. This followed yesterday’s quick surge to the $ 49K level, which then declined in the early trading hours of Thursday. Although there was a transient increase to the $ 47K mark, the value has stayed under the $ 46K …