News with the tag "Bitcoin (BTC) Price"

After last week’s triumphant surge past $100,000 following the promising news for a trade deal between the US and China, the current one began with another leg up for bitcoin but there was no all-time high despite the growing hopes. The meeting between the two great powers took place during the week...

Bitcoin is showing signs of exhaustion after reaching a key resistance level near $106K. The rally that began in mid-April has pushed prices into overbought territory on higher timeframes, and momentum appears to be slowing. While the broader trend remains bullish, short-term consolidation or even a...

For the first time in more than three months, bitcoin (BTC) has reclaimed $100,000, rallying to a level just 3.6% shy of its all-time high (ATH). This surge comes as tariff tensions between China and the United States ease off, and macroeconomic conditions become positive again. According to a repor...

By being pre-programmed to have only 21 million bitcoins ever to exist, the largest cryptocurrency’s model is not, by definition, deflationary. After all, new BTC is mined every day, and none is being destroyed in the traditional sense of the word, which is the opposite of deflationary. However, Cry...

TL;DR Bitcoin’s recent outflows from exchanges and other vital factors support the case for a push toward a new all-time high. However, the rising RSI suggests the asset may be overbought and vulnerable to a short-term pullback. New Peak on the Way? The price of the leading cryptocurrency has been b...

After months and months of hesitation and price depression, bitcoin finally reversed the trend and skyrocketed past $100,000 for the first time since February and kept climbing to a new local peak. At the same time, data from Santiment reveals that the asset’s impressive rally has captured the atten...

Around 26,000 Bitcoin options contracts will expire on Friday, May 9, and they have a notional value of roughly $2.57 billion. This week’s event is virtually identical to last week’s expiry event, as derivatives crypto trading has remained muted. This may change now, though, as spot markets are ripp...

It almost felt inevitable today that bitcoin will eventually break past the coveted $100,000 milestone and after a brief hesitation, the asset has soared to a new multi-month peak above $101,000. The altcoins have followed suit with massive price gains from the likes of PEPE, SUI, FARTCOIN, and many...

TL;DR Popular analysts see momentum building for a BTC breakout, with short-term targets ranging from $104.5K to $108K. Positive net inflows into spot Bitcoin ETFs and declining exchange balances signal strong investor confidence, but the RSI breached 70, which could be a precursor of an incoming co...

On-chain data from Sentora (previously IntoTheBlock) indicates that the largest cryptocurrency can spike well above $100,000 if it finally manages to break through that barrier, given the lack of significant sell pressure. However, another analyst outlined the next big resistance line, which his not...