Author: Cointelegraph By William Suberg

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Bitcoin stays higher after stocks propel BTC price toward $42K

Bitcoin (BTC) held above $41,000 into the weekend after a late surge Friday took the largest cryptocurrency to two-week highs. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView “The only good bear is a dead bear” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining newly re-won ground Saturday, with the pair’s correlation to stock makets…
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Bitcoin returns to $40K, liquidating over $50M of shorts in hours

Bitcoin (BTC) returned to $40,000 for the first time in two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Liquidations mount for BTC shorts Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly jumping past the $40,000 on Feb. 4, just two…
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Bitcoin surges toward $39K as stocks volatility keeps Wall Street on edge

Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks continue volatility Data from Cointelegraph Markets Pro and TradingView followed a ranging overnight period for BTC/USD, bulls hoping for clearer validation of recent gains. After 15% daily gains the day before,…
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Bitcoin price bounces after Amazon stock gains 15% in US tech comeback

Bitcoin (BTC) recovered much of its recent losses on Feb. 4 but concerns remained that a retest of $30,000 was incoming. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $38,600 remains focal pivot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to $38,000 Friday, up over 2% in 24 hours. The pair saw a…
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Bitcoin sets lower lows as 2021 BTC price resistance taunts hodlers

Bitcoin (BTC) fell further pre-Wall Street on Feb. 3 as analysis revealed old resistance levels had returned to haunt bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $38,600 is back Data from Cointelegraph Markets Pro and TradingView painted another uninspiring picture for BTC/USD Thursday, with the pair meeting new lows of $36,275 on Bitstamp. After shock…
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Bitcoin bounces at $36.6K as Meta adds 20% losses to US tech stock rout

Bitcoin (BTC) recovered above $37,000 on Feb. 3 after a stocks rout took the wind out of bulls’ latest attempt to crack $40,000 resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Extraordinary moves” for stocks Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying lower after briefly hitting $36,650 on Bitstamp Wednesday. The weakness followed…
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BTC price dives with stocks as fresh sell-off sees PayPal shed nearly 25%

Bitcoin (BTC) fell on the Wall Street open on Feb. 2 as another tech stock rout panicked traders.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin: “Macro FUD is driving all”  Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it dipped below $38,000 as Wall Street began, giving back half of the gains secured…
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All the world’s Bitcoin can only pay 2.43% of $30T US national debt

The United States’ national debt has passed $30 trillion — and even all the Bitcoin (BTC) in the world would hardly touch it. According to the latest official statistics, U.S. national debt is at levels never seen before, passing the psychological $30-trillion barrier for the first time this week. Bitcoin is worth less than 3%…
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BTC price faces crucial trend battle as Bitcoin RSI confirms breakout

Bitcoin (BTC) may have stopped short of $40,000, but this week’s gains have helped spark a more significant breakout for underlying price strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI breaks a two-month tradition Data from Cointelegraph Markets Pro and TradingView shows that sustained BTC price action above $37,000 this week has allowed the relative…
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Bitcoin whales buy at $38K as BTC supply per whale hits 10-year high

Bitcoin (BTC) jumping to $39,000 has already activated large-volume investors this week, the latest data shows. Analyzing whale behavior, on-chain monitoring resource Whalemap revealed accumulation underway at levels above $36,000. This week’s BTC price “triggered” whales Identifying clusters of whale bids, Whalemap uncovered what appears to be renewed market confidence among those with some of…
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