The Latest Bitcoin News & Expert Crypto Insights | NewsBTC
WEBWe cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.
Bitcoin Price Holds in Range: Can Bulls Launch a Recovery?
WEBBitcoin price started a consolidation phase near the $58,500 level. BTC must clear the $60,500 resistance to start a recovery wave in the near term. Bitcoin tested the $58,000 zone before there was a minor recovery. The price is trading below $62,000 and the 100 hourly Simple moving average.
Bitcoin Price Surges After Fed Rate Cut: New Rally Ahead?
WEBBitcoin Price Surges By 5%. Bitcoin price remained supported above the $58,500 level. BTC formed a base and started another increase above the $60,000 resistance zone after the Fed surprised with a 0.50% rate cut. There was a clear move above the $60,500 level.
Bitcoin Price Rebounds, But Could the Downtrend Return?
WEBBitcoin is struggling to recover above the $55,500 zone. The price is trading below $55,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $55,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Bitcoin Price Nosedives, Can Bulls Save The Key Support at $60K?
WEBBitcoin price took a hit and even spiked below $60,000. BTC could gain bearish momentum if there is a daily close below the $60,000 support zone. Bitcoin started another decline and traded below the $61,200 zone. The price is trading below $62,000 and the 100 hourly Simple moving average.
Bitcoin (BTC) Price - NewsBTC
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Could Bitcoin Outshine Gold? Trading Guru Weighs In On The
WEBDelving into the insight, it is worth understanding the nuances of BTC comparison to gold—a “classic safe-haven asset.” Brandt’s recent examination of the Bitcoin-to-gold ratio provides a critical metric for this comparison.
Bitcoin Price Reclaims $60K: Is The Rally Resuming? - NewsBTC
WEBBitcoin price gained pace for a move above $58,000 and $60,000. BTC is up over 10% and is signaling more upsides in the near term. Bitcoin started a decent increase above the $56,500 and $58,250 levels. The price is trading above $60,000 and the 100 hourly Simple moving average.
Bitcoin Price Gains Strength: 100 SMA Crucial for Sustained Gains
WEBBTC must clear the 100 hourly SMA to continue higher in the near term. Bitcoin started a recovery wave above the $53,500 and $55,500 levels. The price is trading below $58,000 and the 100 hourly Simple moving average.
Bitcoin Price Trims Gains: Is The Recovery Losing Steam? - NewsBTC
WEBBitcoin price is now trading below $59,000 and the 100 hourly Simple moving average. However, the price is still above the 50% Fib retracement level of the upward move from the $56,117 swing low to the $60,210 high. On the upside, the price could face resistance near the $58,800 level.