On October 23, Bitcoin (BTC) surprised market participants by surging above the resistance zone, ranging from $31,000 to $32,400. Usually, the price tends to stabilize or show reluctance when it reaches strong resistance levels, but this time, the situation was different. Market participants are optimistic, expecting a Bitcoin spot exchange-traded fund (ETF) to get approved […]
In the cryptocurrency world, investors are excited as Bitcoin (BTC) is holding steady at $34,525, up 0.88% this Monday. Besides the price movements and positive predictions, a joyful tweet from Elon Musk added more happiness to the crypto community. Bitcoin Might Surge To $38000 – Josh Olszewicz Josh Olszewicz, a prominent figure in the world […]
According to Glassnode’s weekly on-chain report, the Bitcoin market faced its most significant single-day sell-off this week, catching Bitcoin bulls off guard. The crash sent BTC prices plummeting below the $25,000 mark, marking a sharp shift from the unusually low volatility witnessed since July. The catalyst behind this sudden plunge appears to be a deleveraging phenomenon […]
In recent days, Bitcoin, the foremost digital currency globally, has encountered a period of limited price fluctuations. The bulls hang on to the crucial resistance level near $30,000 while the bears work nonstop to take it back. Over the previous week, there were two instances where BTC made efforts to surpass the resistance level of […]