Bitcoin is treading a fine line near the coveted $ 100,000, keeping traders on edge as the market teeters between a breakout or a correction. Bitcoin Currently priced at $ 98,500 to $ 98,750 over the last hour, bitcoin (BTC) is navigating a complex market terrain defined by psychological resistance at $ …
Bitcoin Technical Analysis: BTC Holds Above $90K Despite Consolidation
Bitcoin has been holding steady at $ 90,258 to $ 90,509 over the last hour and indicators suggest a continuation of positive momentum, though minor pullbacks across timeframes hint at chances for strategic moves. Bitcoin Bitcoin‘s hourly chart showcases a recent climb to $ 91,909, followed by a slight dip. Recent drops …
Ethereum Technical Analysis: ETH Hovers in Consolidation as Bears Maintain Control
Ethereum (ETH) is currently hovering around critical support and resistance levels, with recent trading activity suggesting that a breakout or breakdown might be on the horizon. Ethereum Looking at the daily chart, ethereum (ETH) has trended downward since hitting a high of $ 2,769.4 in Oct. A consistent lineup of red candles underscores the …
Bitcoin Technical Analysis: Consolidation Continues as Market Tests Key Levels
Bitcoin’s movement held steady over the past hour, trading between $ 68,856 and $ 69,156 in a tight range. Bitcoin On the 1-hour chart, bitcoin is facing resistance at $ 69,444, with support near recent lows of $ 67,459. This range, paired with low volume, signals a period of consolidation. Traders …
Bitcoin Technical Analysis: BTC Bulls Make Another Attempt at Price Peak
Following a recent boost in bitcoin prices driven by the U.S. jobs report, BTC/USD traded at $ 71,447 on Nov. 1, 2024, showing encouraging resilience around support zones despite recent price fluctuations. Bitcoin In late October, bitcoin climbed to $ 73,600 before experiencing a pullback that brought prices below $ 70,000. Today, …
China’s QE Could Ignite Bitcoin Boom Like Never Before — Analysis by Arthur Hayes
Bitmex founder Arthur Hayes predicts China’s aggressive monetary easing could spark a historic bitcoin rally, as yuan expansion indirectly fuels crypto demand. Bitcoin Boom Incoming? Arthur Hayes Weighs in on China’s QE Policies Arthur Hayes, Bitmex’s founder and former CEO, published a blog post on Monday projecting that China’s quantitative easing measures could trigger a […]
Ethereum Technical Analysis: ETH Stabilizes Amid Key Resistance
Ethereum’s price found stability within a narrow range, moving between $ 2,470 and $ 2,537 over the past day, as both oscillators and moving averages reflect neutral-to-bearish signals, indicating a pause in its short-term momentum. Ethereum The daily chart shows ethereum’s (ETH) recent trend of lower highs and lows, hinting at a bearish …
Bitcoin Technical Analysis: Upward Momentum Stays Strong Across Short and Long-Term Averages
Strategic Diversification in Bitcoin Mining and HPC – Bit Digital (BTBT) Analysis
Bit Digital is strategically navigating the post-halving era, opting for HPC opportunities instead of expanding hash rate at any cost. With a focus on generating predictable revenue, could BTBT emerge as the next dark horse among Bitcoin mining stocks? Analyzing Bit Digital’s (BTBT) Approach to Bitcoin Mining and HPC Diversification The following guest post comes […]
Monero Decrypted? Japanese Police Report Breakthrough in Flow Analysis Development
The Japanese National Police Agency’s Cyber Special Investigation Division announced the arrest of a suspect accused of money laundering, computer fraud, and credit card phishing crimes. Japanese authorities disclosed that they identified the suspect by analyzing his operations on Monero, a highly private and confidential blockchain. Japanese Police Allegedly Catch Money Laundering Ringleader Using Monero […]
Ethereum Technical Analysis: ETH Price Holds Key Support, Eyes Upper Breakout
On Oct. 21, 2024, ethereum holds steady at $ 2,706, sticking within a key trading zone after recently hitting a high of $ 2,769. Technical indicators across various timeframes paint a mixed picture, as oscillators suggest caution while moving averages still point to a largely bullish trend. As ether hovers between support and …