Category «Bitcoin news»

All latest news about Bitcoin | The main cryptocurrency. Financial technologies, startups, forecasts, cryptocurrencies exchange rates.

Bitcoin (BTC) Makes Third Attempt at Breaking out Above $20,800

beincrypto.com Bitcoin (BTC) has so far made three unsuccessful attempts at breaking out above the $20,600 resistance area. It is currently gearing up to make the fourth one. BTC has been decreasing underneath a descending resistance line since April 5. More recently, the line caused a rejection on June 7. This led to a low …

Veteran Trader Peter Brandt Highlights Important Bitcoin Chart Pattern

u.today One of the most popular and influential traders in the crypto and financial industry, Peter Brandt, has shared with his subscribers the chart pattern on Bitcoin that might dictate the next move of the cryptocurrency. Brandt also added a sarcastic comment, saying that if a pattern on the chart looks like a pennant and …

Bitcoin price approaches potential springboard to $23K as DXY cools surge

cointelegraph.com Bitcoin (BTC) approached the July 6 Wall Street open near $20,000 as a fresh battle between support and resistance loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Whale levels close by Data from Cointelegraph Markets Pro and TradingView showed BTC/USD wedged in a tight trading range with liquidity creeping closer to spot on the …

Active Bitcoin Addresses Drop by 13% in 7 Months

www.financemagnates.com In November 2021, the total number of daily active Bitcoin addresses stood at over 1 million. According to the weekly on-chain analysis report published by Glassnode, the number now stands at around 870,000 per day, down by almost 13% in the last seven months. During the mentioned period, Bitcoin’s price has plunged by more …

Will Bitcoin Take 5 Years To Hit a New All-Time-High?

coinquora.com Bitcoin recovered from its drop to the $17,700 level and made a comeback above $20,000. The $20,000 level is considered a key psychological level for Bitcoin price. Despite Bitcoin’s recovery, analysts believe the largest cryptocurrency could take years, if not months, to hit a new all-time high. In the ongoing bear market, MVRV (365D) …

TA: Bitcoin Faces Another Rejection, Can Bulls Save The Day

www.newsbtc.com Bitcoin spiked above the $20,500 resistance against the US Dollar. BTC is now struggling near $19,800, with a major support near the $19,600 zone. Bitcoin made another attempt to gain strength above $20,500 but failed. The price is now trading above the $19,500 level and the 100 hourly simple moving average. There is a …

Proof Of Resilience — Zimbabwe Can Use Bitcoin To Change Its Future

bitcoinmagazine.com The Small Steps To Resilience “Scalability is the essential property of money. It is the ability for a good to be sold easily on the market, without much loss in its value.” —Saifedean Ammous Scalability Through Time And How To Handle Volatility. Zimbabwe experienced an estimated 79.6 billion percent inflation month-over-month, 89.7 sextillion percent …

21Shares Establishes New Bitcoin ETP In Switzerland

zycrypto.com 21Shares AG, a Swiss financial technology company, has announced the launch of its new exchange-traded product (ETP) dubbed the 21Shares Bitcoin Core ETP. The ETP went live on Wednesday, trading on the SIX Swiss Exchange with the ticker CBTC. The 21Shares Bitcoin Core ETP is tailored for the bear market Taking to Twitter, 21Shares …