To confirm a potential breakout from its current crab walk, Bitcoin needs to close the week above $68,700, according to market analysts.
Bitcoin news
Bitcoin bulls have more work to do for a major resistance flip while BTC price strength sees the highest daily close in over four months.
A crypto trader argued that it is easy for crypto market participants to be “convinced sentiment is one way or the other,” while claiming that the sentiment is not “that bullish currently.”
Traders believe that the approval of options for Bitcoin exchange-traded funds will inject much-needed liquidity into the markets.
The startup is onboarding Bitcoin miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce.
Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?
Rate cuts and rising liquidity could boost Bitcoin in the coming months, says Bitcoin bull Anthony Pompliano.
New and old Bitcoin whale wallets have been gobbling up BTC, mirroring a 2020 trend that saw the asset rally by 550%.
Benchmark analyst Mark Palmer has raised his price target for MSTR stock to $245 per share from $215.
BTC price resistance in the form of a downward-sloping channel is getting a grilling, which Bitcoin bulls hope may be its last.