Tag Archives: btcusd

Bitcoin’s price has yet to break out of the large descending channel and move toward a new record high, but a further rally is highly probable. Still, BTC failed to overcome the psychological $70,000 line earlier this week decisively. Technical Analysis By TradingRage The Daily Chart On the daily chart, the asset has been rallying recently since a rebound from the lower boundary of the descending channel and the $60K support level. Yet, the higher trendline of the channel has...

Bitcoin’s price is on the verge of making a new all-time high after skyrocketing beyond the $70,000 line earlier this wee, and market participants are wondering how much further BTC will rally. Yet, there is still one obstacle remaining as the asset has retraced below that level. By TradingRage The Daily Chart On the daily chart, BTC has been rallying since its rebound from the $60K support level. It has recently been tested and rejected from the higher boundary of the large...

[unable to retrieve full-text content]CoinspeakerCrypto Boom: Market Surges by $200B as BTC and ETH Hit 6-Week Highs Ethereum spearheaded the altcoin rally, driven by renewed optimism about the approval of spot ETH ETFs by the US SEC. Crypto Boom: Market Surges by $200B as BTC and ETH Hit 6-Week Highs

[unable to retrieve full-text content]CoinspeakerBitcoin Reaches New Highs against Japanese, Argentine, Philippine Currencies The new milestone achievement comes as the Japanese yen has weakened against the US dollar, losing 10% of its value since January. Bitcoin Reaches New Highs against Japanese, Argentine, Philippine Currencies

[unable to retrieve full-text content]CoinspeakerUS Spot Bitcoin ETFs Surge with Sixth Consecutive Day of Net Inflows Despite this positive trend, overall flows for these ETFs remain below their March peak. US Spot Bitcoin ETFs Surge with Sixth Consecutive Day of Net Inflows

[unable to retrieve full-text content]CoinspeakerNew Bitcoin Wallet Addresses See Massive Decline, Hit Lowest Point since 2018 Despite the current downturn, there are notable signs that the Bitcoin ecosystem is poised to make a comeback. New Bitcoin Wallet Addresses See Massive Decline, Hit Lowest Point since 2018

Bitcoin’s price is finally gaining some bullish momentum following almost two months of correction. It seems that the bulls are looking to paint a new record high in the coming weeks, but will they make it? Technical Analysis By TradingRage The Daily Chart Bitcoin’s daily price action has been showing an apparent corrective behavior. The cryptocurrency has been making lower highs and lows since dropping from $75K. The gradual decline inside a descending channel shows the...

[unable to retrieve full-text content]CoinspeakerSpot Bitcoin ETFs Saw 4th Consecutive Day of Inflows, Totaling $257M Yesterday Grayscale's Bitcoin Investme­nt Trust (GBTC) witnessed the first ne­t inflow of $4.64 million since its conversion in January after it had e­xperienced huge­ net outflows. Spot Bitcoin ETFs Saw 4th Consecutive Day of Inflows, Totaling $257M Yesterday

[unable to retrieve full-text content]CoinspeakerBitcoin Hashrate Dips Post-Halving, Here’s Why Bitcoin mining firms have reportedly been turning off unprofitable mining rigs since the fourth Bitcoin halving. Bitcoin Hashrate Dips Post-Halving, Here’s Why

[unable to retrieve full-text content]CoinspeakerDan Tapiero Sees Bitcoin (BTC) to $90K: It’s Starting to Look ‘Scary Bullish’ While it is not certain if Bitcoin price will climb to $90,000 soon, the cryptocurrency has managed to stay above the crucial support levels of $60,000 in the current cycle. Dan Tapiero Sees Bitcoin (BTC) to $90K: It’s Starting to Look ‘Scary Bullish’