BTC Price
BTC Price Holds 6% Gains As Bitcoin Struggles For ‘Crucial’ $28K Mark
Bitcoin (BTC) crossing $28,000 shows a positive sentiment, but it’s crucial to sustain this level, analysis says. In an X post on October 17, co-founders of on-chain analytics firm Glassnode, Jan Happel and Yann Allemann, described the $28,000 mark as a “critical milestone” for BTC price. On Oct. 16, the crypt-focused news platform Cointelegraph said […]
Bitcoin Traders Advocate For A Gradual Recovery Following BTC’s Decline From A Six-Week High
Bitcoin (BTC) experienced a slight uptick in trading on Oct. 3 after giving back about $1,300 of its gains. Data from Cointelegraph Markets Pro and TradingView indicates that BTC price action is currently around $27,500. Bitcoin fell from six-week highs of $28,600 to $27,335 before stabilizing. Despite the possibility of a “fakeout,” market players kept […]
Bitcoin Investors Hold Tight As Volatility Hits Record Low
Bitcoin’s on-chain indicators are displaying extreme tradings amid record low volatility. Short-term holders of BTC are showing signs of high conviction leading to low liquidations. Since the beginning of this year, cryptocurrency enthusiasts have invested over $16 billion in Bitcoin. However, the 4.1% increase in capital inflow is noticeably lower compared to the levels seen […]