TA: Bitcoin Lacks Momentum Above $36K, Why BTC Could Correct Lower

Archive for June, 2021

TA: Bitcoin Lacks Momentum Above $36K, Why BTC Could Correct Lower

By support on Tuesday, June 29th, 2021 | No Comments

Bitcoin price extended its recovery above the $ 36,000 zone against the US Dollar. BTC topped near $ 36,700 and it is now correcting gains. Bitcoin started a fresh increase above the $ 35,000 and $ 36,000 resistance levels. The price is now trading nicely above $ 35,000 and the 100 hourly simple moving average. […]

Bears back off, but Bitcoin price still wavers below $35K

By support on Monday, June 28th, 2021 | No Comments

Bitcoin price briefly surged above $ 35,000 to spark a relief rally in altcoins but a number of bearish factors still surround BTC. Cointelegraph.com News

4 ways investors use support and resistance levels to make better trades

By support on Sunday, June 27th, 2021 | No Comments

Properly identifying support and resistance levels can be the difference between a winning trade and significant losses. Cointelegraph.com News

Data fails to conclude that Bitfinex shorts are depressing Bitcoin price

By support on Saturday, June 26th, 2021 | No Comments

A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors at play. Cointelegraph.com News

Crypto traders say negative funding rates are buy signals, but are they?

By support on Friday, June 25th, 2021 | No Comments

Celebrity traders on Twitter frequently cite negative funding rates as a Bitcoin buy signal, but does data support this point of view? Cointelegraph.com News

Shanghai Man: China retains mining control? Alipay’s ancient NFTs and Amber’s big raise

By support on Thursday, June 24th, 2021 | No Comments

A look at miners shifting hardware overseas, Amber raises $ 100m, and Bitmain temporarily shuts down sales among dropping hashrate sales. Cointelegraph.com News

Will regulation adapt to crypto, or crypto to regulation? Experts answer

By support on Wednesday, June 23rd, 2021 | No Comments

Here’s what crypto and blockchain industry experts think about the regulatory dilemma related to cryptocurrency. Cointelegraph.com News

Bitcoin price bounces to $33K but analysts say ‘it’s too early’ to call a bottom

By support on Tuesday, June 22nd, 2021 | No Comments

Dip buyers stepped in as Bitcoin price fell to $ 29,000 but analysts caution that China’s crackdown on BTC mining and a lack of buy volume mean the crypto market has not found a bottom yet. Cointelegraph.com News

Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines

By support on Monday, June 21st, 2021 | No Comments

Stablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be a signal of upcoming regulation. Cointelegraph.com News

Price analysis 6/16: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH

By support on Sunday, June 20th, 2021 | No Comments

Bitcoin’s recent rejection at $ 41,000 could extend the current range-bound action for a few more days and altcoins are expected to follow suit. Cointelegraph.com News

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Archive for June, 2021