Bitcoin Needs to Top $65.2K to Break Downtrend: Bitfinex
A move above the August high of $65,200 will invalidate the bearish lower highs pattern, analyst at Bitfinex said.
A move above the August high of $65,200 will invalidate the bearish lower highs pattern, analyst at Bitfinex said.
Last week, the U.S. Securities and Exchange Commission’s (SEC) approved the list of of physically settled options tied to BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT).
September’s counter-seasonal price trend has already started to show signs of this divergence trend helping BTC.
Ether holds critical support level as macro factors loom over crypto market
Trading volume on the largest crypto exchange can signal peaks in the bitcoin price.
Bitcoin’s price action since late April seems to have bullish undertones.
The latest price moves in crypto markets in context for Sept. 10, 2024.
Liquidity both close to and further away from the going market rate has declined, hinting at an impending bull reversal.
The asset and broader crypto market tend to move on the release of U.S. economic figures and political developments.
The Wall Street bank lowered its price targets for some miners to account for second-quarter results and changes in the bitcoin price and the network hashrate.