BTC is currently trading at $110,209.85, reflecting a 0.78% increase over the last 24 hours. Bitcoin’s RSI stands at 40.64, suggesting a neutral position with the possibility of an oversold rebound. The MACD histogram indicates -653.23, reinforcing the bearish momentum even amidst price stability. In the absence of notable news developments over the last week, … Read more
BTC is presently trading at $109,356, reflecting a slight decrease of 0.27% over the past 24 hours. Bitcoin’s RSI stands at 37.66, nearing oversold territory, indicating a possible bounce. BTC price is currently testing the lower Bollinger Band support near $108,511. In the absence of major news developments over the past week, Bitcoin’s price movements … Read more
The market has encountered difficulties this week, with Friday’s session nearing and the much-anticipated PCE inflation report coming up. Both the Spyder Trust and Invesco QQQ Trust are down 0.90% for the week. Both have seen a drop over the last three days, leading to some traders feeling unsettled. Thursday’s survey indicated that the bullish … Read more
Bitcoin and Ether faced further declines during a tumultuous week for digital assets, resulting in the loss of approximately $140 billion in market value, all while a significant options expiry approaches. Ether experienced a decline of up to 4.8%, dipping below the $4,000 threshold, marking its lowest point in almost seven weeks, before stabilizing around … Read more
Bitcoin’s RSI at 46.20 indicates a state of neutral momentum, highlighting the potential for a directional breakthrough. The Federal Reserve’s decision to lower rates by 25 basis points is fueling institutional interest, even as the market experiences short-term price consolidation. This week’s BTC prices reveal a complex interplay between macroeconomic factors and technical consolidation trends. … Read more
The Bitcoin price has remained stagnant within the same range since early July, even as equities, gold, real estate, and commodities such as silver have surged to new highs. The inquiry at hand is why Bitcoin is trailing behind as almost all other significant assets are experiencing a surge. Recent data indicates that whales possessing … Read more
Bitcoin price wrapped up last week at $115,333, turning away from the $118,000 resistance level. Following three consecutive weeks of upward momentum, Bitcoin bulls have finally encountered a slowdown — and the Fed’s rate cut failed to push prices past $118,000. The U.S. Federal Reserve has lowered the key interest rate by 25 basis points … Read more
Bitcoin has emerged as the frontrunner in a significant influx of digital asset investments, attracting an impressive $1.9 billion last week after the U.S. Federal Reserve implemented, referred to as a “hawkish cut” in interest rates. The recent surge in inflows signifies one of the most robust weeks this year, highlighting the rapid recovery of … Read more
Warren Buffett, the renowned investor from America and known for his skepticism towards Bitcoin, frequently describes Berkshire Hathaway’s substantial cash reserves as a “elephant gun.” The company’s extensive assets suggest that any major investment or acquisition must be considerable to make a difference. A similar principle is emerging within the bitcoin treasury company sector, to … Read more
Bitcoin Cash is currently priced at $605.00, showing a decrease of 1.06% in the past 24 hours. Even with the recent pullback, the momentum continues to be robust following a recent peak at $624.40, marking a 52-week high. As the price stabilizes within the range of $598 to $613, traders are attentively monitoring for the … Read more