Bitcoin's weekly Super Trend indicator has flipped to bullish for the first time since the recent downtrend began, following a strong price rebound in August from around $63,000 to over $80,000. This signal, observed by Bitfinex, confirms a longer-term positive trend but does not guarantee further price increases, especially as Bitcoin faces resistance near $82,000. The weekly bullish signal came after the daily Super Trend had already turned positive, reflecting the indicator's slower reaction to price changes on a weekly scale. Investors should combine this trend signal with other technical indicators and watch if Bitcoin can sustain above the Super Trend line to confirm a lasting upward move.
A major crypto market deleveraging saw over 118,000 traders liquidated, with $815-$821 million wiped from leveraged positions, mainly longs. Bitcoin fell below $80,000 and Ether approached $2,350, signaling a market correction and reduced confidence ...
Bitcoin briefly fell below $80,000 as US President Trump hinted at a possible strike on Iran or a deal, causing market uncertainty. Long liquidations reached $461 million in 24 hours, reflecting heavy leveraged losses near this key price level. Bitco...
Bitcoin fell below the key $80,000 level during a sharp market sell-off, prompting veteran critic Peter Schiff to predict a further decline to $75,000. The drop caused massive liquidations, wiping out over $815 million in leveraged positions within 2...
Bitcoin rose slightly by 0.09% to $80,922 while the total cryptocurrency market capitalization fell 2.63% to $2.73 trillion over 24 hours. Ether dropped 0.55% to $2,367, but XRP, BNB, and Solana saw modest gains. Trading volume was $56.50 billion, wi...
Akedo (AKE) saw a sharp 21.93% drop in value over 24 hours, leading declines among the 90 largest non-stablecoin cryptocurrencies. Other notable losses included Pearl (6.81%), Aerodrome Finance (5.75%), and Morpho (5.29%). Meanwhile, only 25 of the t...
