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
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 Sell-Off Leaves Cryptocurrency in Weakening Short-Term Trend
The daily RSI is approaching oversold territory, which could attract short-term buyers.
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Apr 23, 2021 at 11:21 a.m. UTC
Apr 23, 2021
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Bitcoin Consolidates Below $56K Resistance as Buyers Lose Strength
BTC has remained in a consolidation phase since February.
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Apr 22, 2021 at 11:28 a.m. UTC
Apr 22, 2021
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Bitcoin's Recovery Stalls; Lower Support Around $52K
Bitcoin buyers are losing strength as the recovery from the April 17 sell-off stalls.
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Apr 21, 2021 at 11:23 a.m. UTC
Apr 21, 2021
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Bitcoin Holds Support Around $53K; Resistance Zone Within Reach
For now, the high-volume sell-off on April 17 suggests capitulation as buyers were quick to defend the price low just above $51,000.
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Apr 20, 2021 at 11:35 a.m. UTC
Apr 20, 2021
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Latest Bitcoin Crash Shows ‘Buy the Dip’ Mentality Among Big Investors, NYDIG Says
NYDIG's analyst also noted significant BTC spot price discounts on Binance compared to Coinbase.
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Apr 19, 2021 at 4:55 p.m. UTC
Apr 19, 2021
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Bitcoin Stabilizes After Weekend Sell-Off; Resistance Around $59K
BTC’s April 13 breakout above $60,000 and subsequent all-time high failed.
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Apr 19, 2021 at 11:14 a.m. UTC
Apr 19, 2021
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Bitcoin Recedes From All-Time High; Approaching Support
BTC is roughly 7% lower from its all-time high, similar to the April 1 pullback.
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Apr 16, 2021 at 11:33 a.m. UTC
Apr 16, 2021
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Bitcoin Struggles Around All-Time High Resistance; Support Within Reach
BTC buyers take profit, but selling should be limited around $61K support.
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Apr 15, 2021 at 11:13 a.m. UTC
Apr 15, 2021
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$623M in Bitcoin From 2016 Bitfinex Hack Moved Under Cover of COIN Hype
But the impact on the market may be little.
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Apr 14, 2021 at 9:36 p.m. UTC
Apr 14, 2021