Tag Archives: 40K

BTC Unable to Push Above $43.5K as Bears Eye $40K Next read full article at worldnews365.me

After rebounding from the substantial support region around the 100-day moving average, the price initiated a retracement towards the resistance range of $43,578-$45,606. However, the momentum has weakened, suggesting the potential for a new bearish leg. Technical Analysis By Shayan The Daily Chart A thorough examination of the daily chart …

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Two Possible Reasons Why the Bitcoin Price Crashes Toward $40K read full article at worldnews365.me

Bitcoin’s price is down 4.4% in the past seven days and about 16% from its January 11th highs at $48,500. The cryptocurrency is now getting dangerously close to the pivotal psychological level of $40K, triggering a discussion on whether or not the correction will continue. That said, let’s have a …

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Bitcoin Price Nosedives Toward $40K as Crypto Markets Cool Off: This Week’s Recap read full article at worldnews365.me

The cryptocurrency market seems to have been cooling off throughout the past seven days, decreasing to its current capitalization of $1.69 trillion. This comes a week after the United States Securities and Exchange Commission approved a spot Bitcoin ETF. Undoubtedly, the above has been on everyone’s mind for the last …

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Is BTC in Danger of Crashing Below $40K in a Vicious Correction? (BTC Price Analysis) read full article at worldnews365.me

After an extended consolidation phase around the crucial $45K resistance region, Bitcoin’s price is exhibiting slight fluctuations, possibly forming a double-top pattern. The emergence of this pattern could signal a notable downturn in the short term. Technical Analysis By Shayan The Daily Chart A detailed examination of the daily chart …

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Is Bitcoin About to Explode to $45K or Plunge Below $40K? (BTC Price Analysis) read full article at worldnews365.me

Bitcoin’s price has been consolidating recently, following months of bullish movement. The market is testing a key support level at the moment as things are getting tricky for a potential continuation to the upside. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been aggressively …

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As ETF Hype Builds, Bitcoin Rallies Past $40k read full article at worldnews365.me

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Despite a few apparent setbacks, like the change of leadership at …

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Breakout or $40K bull trap? 5 things to know in Bitcoin this week read full article at worldnews365.me

Bitcoin (BTC) starts the first week of December looking better than it has since early 2022 — at over $40,000. BTC price action is delighting bulls already as the month begins, with the weekly close providing the first trip above the $40,000 mark since April last year. Shorts are getting …

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Bitcoin price surge toward $40K boosts sentiment in KAS, RUNE, MNT and RNDR read full article at worldnews365.me

Bitcoin (BTC) finally broke above the formidable resistance of $38,000 in the past week and marched closer to $40,000. This move shows that Bitcoin’s trajectory remains up. The bulls will try to maintain the momentum and achieve a strong close to the year, while the bears will try to pull …

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BTC price nears $40K as as Bitcoin trader eyes return to all-time high read full article at worldnews365.me

Bitcoin (BTC) held closer to the $40,000 mark on Dec. 3 after weekend gains reinforced a “strong” uptrend. BTC/USD 1-hour chart. Source: TradingView Bitcoin leaves $60 million in shorts hanging Data from Cointelegraph Markets Pro and TradingView tracked a fresh BTC price surge, which took BTC/USD to new 2023 highs …

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CME Bitcoin futures show investors betting on $40K BTC price read full article at worldnews365.me

The demand for institutional investors for Bitcoin (BTC) became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Binance’s BTC futures markets in terms of size. According to BTC derivatives metrics, those investors are showing strong confidence in Bitcoin’s potential to break above the $40,000 mark …

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Bitcoin gets ‘whale games’ warning as BTC price eyes $40K into US data read full article at worldnews365.me

Bitcoin (BTC) held momentum at $38,000 on Nov. 29 as analysis warned over market corrections. BTC/USD 1-hour chart. Source: TradingView Bitcoin meets macro data, Fed’s Powell at key price point Data from Cointelegraph Markets Pro and TradingView showed BTC price trajectory continuing to aim for new 18-month highs. After matching …

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BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week read full article at worldnews365.me

Bitcoin (BTC) starts a new week keeping traders guessing near its highest levels in 18 months — what’s next? BTC price action has held higher after spiking above $38,000 last week, but since then, a testing “micro-range” has left bulls and bears locked in battle. Whether a deeper retracement will …

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