Author: Cointelegraph By William Suberg

Bitcoin Investing Made Simple!

Bitcoin sellers keep BTC price action in check amid $45K ‘fakeout’ warning

Bitcoin (BTC) took a breather from its latest upside on March 26 after predicted resistance kicked in just under the yearly open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin fakeouts: Third time’s the charm? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering around $44,500 Saturday, preserving the lion’s share of the week’s progress.…
Read more

New $45K BTC sell wall appears amid worries Bitcoin could retrace

Bitcoin (BTC) was up nearly 5% in 24 hours at the Wall Street open on March 25, but a new warning sign was giving traders cold feet. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitfinex whale flips to sell mode Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD hitting multi-week highs of $45,137 Friday as…
Read more

What are the BTC price levels to watch as Bitcoin nears March peak?

Bitcoin (BTC) closed in on its highest level of the month on March 25 with traders hoping for an end to months of consolidation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra BTC stash nears $1 billion Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cementing recent gains to hit $44,698 on Bitstamp Friday.  With…
Read more

Bitcoin clings to $43K as Fed signals up to 7 rate hikes in 2022

Bitcoin (BTC) continued to fight for $43,000 support at the Wall Street open on March 24 amid fresh jitters tied to United States economic policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Kashkari warns of “overdoing it” on hikes Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying just below the $43,000 mark as trading…
Read more

BTC price almost clears $43.5K with Terra $125M Bitcoin buy-ins gathering pace

Bitcoin (BTC) returned to $43,000 on March 24 as new purchases by Blockchain protocol Terra fuelled optimism. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView The BTC buys keep coming Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to crack and secure its highest levels in weeks Thursday. The pair had consolidated day before, the…
Read more

Terra may be about to repeat $125M BTC buy that sparked Bitcoin’s run to $43.3K

Bitcoin (BTC) could be set for a repeat of this week’s run to weekly highs after Blockchain protocol Terra appeared set to buy another $125 million of BTC. A wallet thought to belong to Terra but not officially confirmed to be under its control sent another 125 million Tether (USDT) to Binance on March 23.…
Read more

Bitcoin dips 3.6% from weekly highs — What are the key BTC price levels to watch?

Bitcoin (BTC) threatened a significant retracement overnight into March 23 as weekly highs saw their first test. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC misses out on “very bullish” daily close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping from a peak of $43,337 to lows of $41,779 on Bitstamp before recovering. At…
Read more

Bitcoin hovers at $43K on Wall Street open amid growing fever over Terra’s $3B BTC buy-in

Bitcoin (BTC) showed signs of wanting higher levels still on March 22 as Wall Street trading saw a return above $43,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra co-founder: ‘Most of’ $3 billion still unpurchased Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued its newly confident stride to three-week highs. The…
Read more

Bitcoin hash rate may see ‘small capitulation’ with difficulty set for new all-time high

Bitcoin (BTC) set a new all-time high for hash rate last week, but opinions are divided as to whether the uptrend can continue. In a Twitter debate on March 21, Preston Pysh, host of The Investor‘s Podcast, eyed changing behavior in Bitcoin‘s hash ribbons metric for signs of a new hash rate “lull.” Questions over…
Read more

Bitcoin hits 3-week high as fresh impulse move sends BTC price to $43.3K

Bitcoin (BTC) saw a fresh impulse move overnight into March 22 as bulls briefly reclaimed $43,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI hints at underlying strength Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $43,337 on Bitstamp Tuesday, the pair’s highest since March 3. The action contrasted with the lack of volatility…
Read more