Key points: Bitcoin stages a late comeback into the weekly close as price approaches important liquidation zones. Traders and analysts emphasize various key price points to reclaim next. Volatility is expected based on large-volume trading behavior, analysis reports. Bitcoin (BTC) surged above $119,000 Sunday as bulls extended a rebound from two-week lows. BTC/USD 1-hour chart.…
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Key points: Ripple co-founder Chris Larsen sparks warnings to XRP investors after a wallet linked to him sends 50 million tokens to exchanges. Larsen notionally has over 2.5 billion XRP left, which would create massive selling pressure if distributed. XRP/USD currently trades 13% below recent all-time highs, failing to recover after the sell-off. XRP (XRP)…
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Key points: Bitcoin market upheaval continues as Galaxy Digital moves thousands of BTC to exchanges. RSI values collapse to rare lows before printing bullish divergences with price. $117,000 emerges as an important BTC price upside target. Bitcoin (BTC) is showing signs of recovery after “oversold” conditions hit rare lows Friday. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView…
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Key points: US spot ETF flows show Ether coming out on top against Bitcoin this week. Institutional capital is “rotating” into ETH, Swissblock says — a move that has implications beyond the short term. Ether could emerge as the next crypto bull market leader. Ether (ETH) is “rotating into leadership” as Bitcoin (BTC) swaps gains…
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Key points: US spot ETF flows show Ether coming out on top against Bitcoin this week. Institutional capital is “rotating” into ETH, Swissblock says — a move that has implications beyond the short term. Ether could emerge as the next crypto bull market leader. Ether (ETH) is “rotating into leadership” as Bitcoin (BTC) swaps gains…
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Key points: Bitcoin market participants bet on a fresh short squeeze as liquidity piles into exchange order books around price. Late shorts are on the radar after a trip to punish longs the day prior. Bitcoin is regaining its command of the total crypto market cap. Bitcoin (BTC) bounced from a trip toward $117,000 on…
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Key points: Bitcoin dives more than 2% from its $120,000 daily high to swipe bid liquidity in an anticipated move. Market projections nonetheless see a deeper retracement coming. “Froth” is starting to appear across crypto as altcoin open interest hits new all-time highs. Bitcoin (BTC) dipped to take bid liquidity at Wednesday’s Wall Street open…
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Key points: Bitcoin short-term holders are showing classic profit-taking behavior, sending BTC to exchanges. Their presence among exchange inflows has reached a level associated with “local bottoms” on BTC/USD. A popular bid level on Binance now sits at $117,500. Bitcoin (BTC) may be putting in its next local bottom as retail investors offload profits, new…
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Key points: Bitcoin market momentum slows after its all-time highs, but investors are not wasting time adjusting to rangebound conditions. Profitability has “cooled,” says Glassnode, but fresh gains are still possible. Traders are eyeing a liquidity build-up at $115,000 for a BTC price dip. Bitcoin (BTC) is in a “healthy yet fragile balance” as BTC…
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Key points: Bitcoin is still failing to rechallenge recent all-time highs, leading to doubts over future BTC price strength. A deeper rebound could rescue the situation, says analysis, as altcoins steal the limelight. XRP now has a larger market cap than McDonald’s. Bitcoin (BTC) stayed locked below $120,000 at Monday’s Wall Street open as bull…
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