Bitcoin is trading in a tight range between $63,800 and $64,094 after pulling back from recent highs, showing a mixed technical picture. Short-term momentum is weak with indecisive trading on the 1-hour chart, while the 4-hour chart shows consolidation after a local high. The daily chart remains bullish overall, supported by higher lows and key support levels at $63,800 to $64,000 and $62,500 to $63,000. A daily close above $65,500 could push prices toward $67,250, while a drop below $63,800 may lead to further declines toward $63,000 or $61,000. Moving averages and oscillators provide mixed signals, reflecting a high-stakes battle between buyers and sellers in the near term.
Ethereum is gaining investor interest, with its price climbing 2.32% to approach $2,000 due to steady capital inflows. The ETH/BTC ratio has broken a 301-day resistance, signaling a rotation of funds from Bitcoin to Ethereum. This momentum is support...
Cryptocurrency markets show a general downward trend with Bitcoin trading around $64,396, down nearly 1%, and Ethereum falling over 2% to about $1,876. Other major coins like Binance Coin and Solana also saw slight declines. Stablecoins remain steady...
Glassnode's recent analysis highlights a key on-chain indicator showing that Bitcoin investors who bought 1-2 years ago are stabilizing their realized losses, suggesting a potential easing of selling pressure. This pattern, observed during past bear ...
Cryptocurrency markets saw a general decline with Bitcoin trading around $64,607, down nearly 1%, and Ethereum falling over 2% to $1,878. Other major coins like Binance Coin and Solana also experienced slight drops. Stablecoins remained steady near t...
Gold and silver prices plunged sharply, losing about $700 billion in market value in one day amid Iran's threat to close the Bab el-Mandeb Strait, a key shipping route. Gold dropped below $4,000 per ounce and silver fell to a seven-month low under $5...
