Bitcoin Price Analysis: 9-Month Highs – 31 March 2023
BTC/USD at Fresh Multi-Month Highs: Sally Ho’s Technical Analysis – 31 March 2023 Bitcoin (BTC/USD) maintained positive momentum early in the Asian session as the pair sought to add to recent gains following a surge higher to the 29190.04 area, its strongest print since early June 2022. Technical support around the 26525 level solidified the […]
Read More...Bitcoin price swings expected as options worth $4B set to expire
Options contracts tied to Bitcoin are set to expire; something that analysts believe could cause wild bitcoin price swings. Options worth about $4 billion are set to expire on Friday. As of today, the quarterly expiry on crypto options exchange Deribit comprises about 81,000 call options worth about $2.
Read More...Ethereum Edges Lower But Remains Above This Key Level; Flare Becomes Top Loser
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the $28,600 level on Thursday. Ethereum (CRYPTO: ETH), meanwhile, edged lower, but remained above the key $1,800 mark this morning.
Read More...U.S. interest rate pause could kickstart Bitcoin rally in May, charts indicate
Although the prediction made by venture capitalist and former CTO at cryptocurrency trading platform Coinbase Balaji Srinivasan that Bitcoin (BTC) could soon reach the price of $1 million is considered overly enthusiastic, historical trends indicate the flagship decentralized finance (DeFi) asset could still kick off a significant rally.
Read More...Crypto Whales Move Over $600,000,000 in Bitcoin, Ethereum, XRP and The Sandbox – Here’s Where It’s Going
Crypto whales moved more than $600 million worth of Bitcoin (BTC), Ethereum (ETH), XRP and The Sandbox (SAND) in a two-day period this week as crypto markets traded sideways. The largest transaction involved one unknown wallet sending 409,350,982 SAND worth more than $247.3 million to another unknown wallet, according to the blockchain tracker Whale Alert.
Read More...$BTC: Glassnode’s On-Chain Tools Shed Light on Bitcoin’s Recent Market Dynamics
According to a recent blog post by crypto analytics startup Glassnode, Bitcoin prices have been consolidating between $26.7K and $28.7K, pausing after several weeks of impressive performance. To assess investor confidence in the uptrend, Glassnode utilized a range of on-chain tools, including exchange flows, profit-taking, and coin holding times.
Read More...Bitcoin, Ethereum Technical Analysis: BTC Rises to $29,000 for First Time Since Last June
Bitcoin rose above $29,000 on Thursday, as price moved to its strongest point since last June. The surge came despite some consolidation in cryptocurrency markets, ahead of the upcoming U.S. GDP report. Ethereum was also higher, as it continued to trade above $1,800.
Read More...Bitcoin Eyes Return To $30K After Hitting 9-Month High
The price of bitcoin (BTC) almost hit $29,200 on Thursday morning, reaching its highest point in more than nine months.
Read More...Analyst Predicts Dogecoin, Shiba Inu And Floki To Rally Up To 100x But ‘As Long As Bitcoin Holds Up’
A pseudonymous crypto analyst is predicting a strong run in the meme coin market, citing Dogecoin (CRYPTO: DOGE), Floki (CRYPTO: FLOKI), and Shiba Inu (CRYPTO: SHIB) as potential candidates. What Happened: Altcoin Sherpa told his 194,000 followers on Twitter that as long as Bitcoin (CRYPTO: BTC) holds up, altcoins as a whole will continue to […]
Read More...