Tags : Crucial

Bitcoin

Bitcoin Weekly Outlook: Crucial Support Promises $60,000-Breakout

Key Bitcoin Takeaways Bitcoin prices edged lower during the weekend session amid choppy sentiment. The cryptocurrency remained resilient to aggressive bullish moves against a firmer US dollar and Treasury yields. Nevertheless, it holds above crucial technical support, eyeing a breakout above $60,000. Bitcoin underwent a minor sell-off during the weekend session but held above a […]Read More

Bitcoin

Bitcoin Weekly Outlook: T-Bonds Threaten Crucial BTC/USD Support

Key Bitcoin Takeaways: Bitcoin fell wildly last week as the US dollar capitalized on rising Treasury bond yields. Nonetheless, dip-buying sentiment near a technical support level kept the cryptocurrency’s bullish bias intact. A further rise in yields could have bears test the support area for a breakdown. The BTC/USD exchange rate logged a sharp rebound […]Read More

Bitcoin

Bitcoin Price Plunges as Bulls Fail to Break One Crucial

It has been a rocky past few days for Bitcoin, with the crypto seeing mixed price action that has muddied the clarity that investors previously had regarding its trend The selling pressure it has been facing over the past few days and weeks has been quite intense, making it increasingly unclear as to where it […]Read More

Bitcoin

Bitcoin breaks out of crucial 4-day range: what happens next?

The price of Bitcoin broke out of its 4-day range, pushing above a critical technical resistance level at $33,800. This upside movement is important because it sets BTC up for a potential retest of the $40,000 resistance area. The price of Bitcoin. Source: BTCUSD on TradingView $37,800 is the big roadblock before $40,000 for Bitcoin […]Read More

Bitcoin

Here’s the Crucial Level Bulls Need to Flip to Propel

Bitcoin has seen some immense volatility over the past couple of days, with bulls and bears ardently battling for control over the lower-$30,000 region The key support here has been tested on a few occasions, but bulls have been able to guard against any intense selloff If BTC can continue building a strong base of […]Read More