Bitcoin Faces Threat of Drop to $114K as Traders Apply Pressure on BTC Long Positions
Bitcoin's price struggles as it falls by 4% from recent highs, prompting traders to anticipate a significant price adjustment.
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Bitcoin's price struggles as it falls by 4% from recent highs, prompting traders to anticipate a significant price adjustment.
Bitcoin surges to a new all-time high before witnessing a significant decline, leaving traders pondering the future price movements.
Bitcoin hits a new all-time high before facing a price drop of over $2,000, as traders assess potential rebounds.
The cryptocurrency market capitalization exceeds $4.35 trillion as Bitcoin reaches a new record high, with ZCash enjoying significant gains.
The cryptocurrency is experiencing an unprecedented surge in open interest, suggesting a potential market liquidity flush in the coming weeks.
A surge in Bitcoin prices, fueled by US demand and changing Federal Reserve policies, pushes the cryptocurrency near $124,000.
An analysis of Bitcoin's current market situation, focusing on price movements, potential trends, and economic indicators affecting the cryptocurrency.
Despite record highs, Bitcoin retail interest has declined as market sentiment shifts into fear.
Expert analysis suggests Bitcoin's price may see limited movement this October as it stabilizes around recent highs.
Bitcoin reaches a remarkable price of $119,450 as October kicks off with bullish trends and Fed rate cut expectations.
XRP has found solid support at $2.80, leading to a rally in October, potentially boosted by ETF approval and new institutional investments.
Bitcoin's recent price surge could be followed by a consolidation phase as key indicators suggest the market is overbought.
As Bitcoin stabilizes around $115,000, differing views on market strength emerge. Glassnode cautions about profit-taking risks while QCP notes positive ETF inflows.
The CoinDesk 20 index has dropped 2.5%, with Uniswap and Chainlink leading the decline.
The upcoming Fed rate cut on September 17 could influence the prices of Bitcoin and Ether, impacting market sentiment significantly.
Treasury yields may rise even as the Fed is expected to cut interest rates, potentially diminishing the bullish impact on Bitcoin and other risk assets.
On Friday, Bitcoin and Ether experienced significant gains, reaching their highest values in three weeks as interest returned from investors.
While Bitcoin is gaining momentum towards $120K, experts warn of potential pitfalls that could derail its rally.
Traders are keenly observing XRP's capacity to hold above $3.05 and how increasing exchange reserves could influence distribution dynamics.
XRP has surpassed the $3.00 mark, bolstered by institutional investments and vibrant trading volume, despite encountering resistance near $3.02.

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