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bitcoin technical analysis

Bitcoin Price Reacts as Grayscale Sends Nearly 12,000 BTC to Coinbase

Newt Bettec2 years ago3 min read

Grayscale Bitcoin Trust Sends Significant BTC Outflow to Coinbase Recent data from Arkham Intelligence reveals that Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), has…

Cantor CEO Foresees a Genuine Rally with Halving, Draws Parallel between Gold and Bitcoin ETFs

Newt Bettec2 years ago3 min read

SEC Approves 11 Bitcoin ETFs, but Market Drops The United States Securities and Exchange Commission (SEC) has granted regulatory approval for 11 spot Bitcoin exchange-traded funds…

Analyzing Bitcoin’s Technical Performance: BTC’s Quiet Beginning of the Week Amid US Market Shutdowns

Benito Cormi2 years ago2 min read

Bitcoin’s Upward Trend Bitcoin has been showing an upward trend on its daily chart since late November, with increasing peaks and troughs. Periodic retracements and strong…

Bitcoin Price Slumps 7% to $43,200 Following Spot ETF Woes

Newt Bettec2 years ago2 min read

The Introduction of Bitcoin ETFs Triggers Sell-Off, Causing Price Decline The recent introduction of Bitcoin exchange-traded funds (ETFs) has led to a significant sell-off, resulting in…

Consolidation Phase Strengthens as Upper Resistance Shows Signs in BTC: Technical Analysis

Benito Cormi2 years ago3 min read

Bitcoin Remains Stable within a Limited Price Range The leading cryptocurrency, bitcoin, has maintained a relatively stable price range after experiencing a surge to the $49K…

Breaking News: Bitcoin Price Surges Beyond $47,000, Optimistic Sentiment Grows Ahead of ETF Approval

Newt Bettec2 years ago3 min read

The Excitement of Bitcoin ETF Approval With the Bitcoin price soaring to new highs, the cryptocurrency community is excitedly buzzing as all signs point towards an…

Analyzing Bitcoin Technically: Traders Prepare for Possible ETF Endorsement

Benito Cormi2 years ago3 min read

The Anticipated Verdict Traders and investors are eagerly awaiting the decision of the U.S. Securities and Exchange Commission (SEC) regarding a spot bitcoin exchange-traded fund (ETF).…

BTC Consolidates Amid Uncertainty Linked to ETF Decision: A Technical Analysis

Benito Cormi2 years ago4 min read

The Volatility of Bitcoin As the decision for the spot bitcoin exchange-traded fund (ETF) looms near, bitcoin’s price fluctuations embody its mercurial nature, swaying between optimistic…

Analyzing Bitcoin Price: $57,000 Target Indicated by Ascending Parallel Channel Pattern

Newt Bettec2 years ago3 min read

Bitcoin Price Shows Recovery Ahead of SEC Decision The Bitcoin price has seen a 2.7% recovery in the past 24 hours as anticipation grows around the…

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