Bitcoin continues to trade near a crucial price level, with the downside appearing limited but a lack of bullish momentum evident. The leading cryptocurrency stands around the $ 65,000 to $ 66,000 mark, a critical onchain realized price that could either support the price or signal a correction, according to the latest analysis …
Bitcoin Technical Analysis: Bulls Seek to Regain Upward Momentum
As of May 10, 2024, bitcoin exhibits a promising recovery trajectory, albeit amidst mixed market signals across various technical frameworks. Following an intraday fluctuation ranging from $ 60,954 to $ 63,388, at present, bitcoin is coasting along values between $ 62,861 to $ 63,272 per unit, suggesting a market grappling with …
Bitcoin Technical Analysis: Oscillators and Averages Signal Strong Upward Momentum
Bitcoin’s price on Monday, March 11, 2024, shows a bullish trend is undeniably in the air. The day unfurled with bitcoin dancing between $ 67,785 and $ 71,837, revealing a bullish sentiment amidst traders. This swing is underpinned by a robust market capitalization of $ 1.4 trillion, with a notable 24-hour trading …