Bitcoin Stabilizes After Pullback; Faces Resistance at $58K
Bitcoin stabilized after a near 5% drop during Asia hours. Momentum is slowing, which could limit rallies.
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May 4, 2021 at 11:21 a.m. UTC
May 4, 2021
Bitcoin Price
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Bitcoin Price refers to the current value of Bitcoin (BTC) in the global cryptocurrency market. As the first and most prominent digital currency, Bitcoin's price is a significant indicator of the overall health of the cryptocurrency market. It is determined by supply and demand dynamics, influenced by factors such as market sentiment, regulatory news, technological advancements, and macroeconomic trends. Bitcoin's price is also closely watched by traditional finance professionals, given its potential as a digital asset and a hedge against inflation. It's traded on various cryptocurrency exchanges, including Coinbase, Binance, and Kraken.
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Bitcoin Holds Support, Faces Resistance at $60K
The virtual currency is approaching its resistance level.
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May 3, 2021 at 11:26 a.m. UTC
May 3, 2021
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Bitcoin Stabilizes Near Support; Resistance Around $56K-$58K
Bitcoin has fully recovered from a late Thursday decline and is approaching resistance around $56K-$58K.
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Apr 30, 2021 at 11:34 a.m. UTC
Apr 30, 2021
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Bitcoin Declines, on Track for Worst Month Since September
The largest cryptocurrency is down about 10% for the month to date, with the momentum shifting to altcoins.
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Apr 29, 2021 at 7:16 p.m. UTC
Apr 29, 2021
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Bitcoin Struggles Near Resistance, Support Around $52K
BTC continues to struggle near resistance and could approach lower support around $52K.
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Apr 29, 2021 at 11:22 a.m. UTC
Apr 29, 2021
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Bitcoin Stalls at $56K Resistance; Support Within Reach
Bitcoin stalled just below $56K resistance after a near 18% price recovery from last week's sell-off. Short-term support is within reach.
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Apr 28, 2021 at 11:26 a.m. UTC
Apr 28, 2021
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Long-Term Bitcoin Holders Unmoved Despite Volatility, Blockchain Data Shows
Long-term bitcoin holders were unmoved during the recent correction, similar to previous turning points, according to Glassnode.
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Apr 27, 2021 at 5:02 p.m. UTC
Apr 27, 2021
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Bitcoin Rallies From Oversold Levels; Resistance Around $56K
BTC is now at the most overbought level since April 14, when it reached an all-time high around $64,800.
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Apr 27, 2021 at 11:30 a.m. UTC
Apr 27, 2021
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Blockchain Data May Have Foreshadowed Monday's Bitcoin Price Rally
The SOPR indicator, which measures aggregate net profit/loss could signal a BTC market bottom, according to Glassnode data.
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Apr 26, 2021 at 6:42 p.m. UTC
Apr 26, 2021
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Bitcoin Stabilizes After Weekend Sell-Off; Resistance Around $58K
BTC is attempting to break above a series of lower price highs from April 14, which could stabilize the short-term downtrend.
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Apr 26, 2021 at 11:11 a.m. UTC
Apr 26, 2021