About two years ago, crypto prices peaked. Bitcoin (BTC) almost reached $70,000. Then it got bad, then it got worse, and then it got catastrophic. After the FTX explosion, BTC fell to $15,000. Prices have largely recovered in 2023, but these felt like hard-fought gains – rallies were quickly followed by setbacks. In mid-October, the … [Read more…]
Published: December 5, 2023 at 4:44 pm ET Bitcoin traded at its highest level since April 2022 on Tuesday, with the rally helping to fuel gains for smaller cryptocurrencies. According to data from CoinDesk, Bitcoin, the largest cryptocurrency by market capitalization BTCUSD, has risen over 4.2% in the last 24 hours to briefly exceed $44,000. … [Read more…]
Bitcoin (BTC) enters the first week of December looking better than it has since the start of 2022 – at over $40,000. BTC price action is already pleasing bulls early in the month, with the weekly close rising above $40,000 for the first time since April last year. Short positions are being wiped out and … [Read more…]
Bitcoin (BTC) hit $40,000 for the first time since late April 2022, up about 2% in 24 hours. According to CoinGecko data, Bitcoin rose from under $39,500 to over $40,000 on December 3, hitting a 19-month high. It also marks a new yearly high for Bitcoin, which has risen over 140% since January 1st. However, … [Read more…]
Bitcoin (BTC) held closer to $40,000 on December 3 after weekend gains reinforced a “strong” uptrend. BTC/USD 1-hour chart. Source: TradingView Bitcoin leaves $60 million hanging on shorts Data from Cointelegraph Markets Pro and TradingView showed a fresh BTC price surge, taking BTC/USD to new 2023 highs of $39,730. These built on the upward momentum … [Read more…]
A trader who hit the peak of Bitcoin’s (BTC) bull market in 2021 believes the crypto king will cause the most loyal bears to capitulate. The pseudonymous analyst Pentoshi shares with his 717,200 followers on the social media platform A Bloomberg analyst previously noted that the SEC is preparing to approve all spot-based Bitcoin ETF … [Read more…]
It’s been another eventful week in the crypto space. Bitcoin continued to reach highs not seen since the digital asset crashed in May 2022: the largest virtual coin hit $39,000 on Friday before falling again. According to CoinGecko, it is currently trading for $38,806 per coin. That’s a 24-hour increase of about 1%. It is … [Read more…]
Volatile crypto markets turned higher this week on Wednesday afternoon, with Bitcoin (BTC) breaking $37,400 and now higher this week, even as another crypto major exited the scene. Crypto markets were initially shocked on Monday by news that a possible comprehensive settlement in the US criminal cases against Binance, the world’s largest crypto exchange, could … [Read more…]
Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all signs point to a favorable outcome for a spot Bitcoin (BTC) exchange traded fund (ETF). However, he stressed that the journey ahead will not be without challenges. In an interview with Bloomberg on November 16, Belshe explained that based on discussions between companies seeking … [Read more…]
A closely followed crypto analyst is issuing a warning, saying Bitcoin (BTC) just sent a signal that suggests a selloff could be imminent. Crypto strategist Ali Martinez warns that Bitcoin’s Tom Demark (TD) Sequential indicator points to a possible corrective move. The TD Sequential indicator tracks a series of price points to indicate possible trend … [Read more…]