Bitcoin is approaching a key bullish technical signal known as the golden cross after its recovery in August. This occurs as its 50-day and 100-day moving averages converge near the 200-day average, signaling a potential medium-term momentum shift. However, Bitcoin must break above the $80,000-$82,000 resistance zone to validate this signal and continue its upward trend. Without surpassing this level, the golden cross mainly confirms the recent rally rather than guaranteeing new highs. Support levels around $72,800 and $75,900 remain important for maintaining the bullish outlook.
Bitcoin traded around $79,200 on September 9, about 37% below its October 2025 peak, marking a shallower decline compared to the 77%-83% drops in previous bear markets. Wintermute highlighted that Bitcoin's current cycle drawdown is smaller, supporte...
Bitcoin's price briefly surged past $82,000 but has since been stuck trading between $76,000 and $82,000. Strong spot demand driven by U.S. Spot Bitcoin ETFs and large investors like Strive supports the price, alongside a peak in Binance's derivative...
Polkadot's token price jumped up to 20% driven by a short squeeze, increased on-chain activity, and governance proposals that could reduce token supply. Traders are pricing a 58% chance of a Federal Reserve rate hike next week, which contrasts with B...
Cryptocurrency markets experienced varied price changes, with Bitcoin falling 0.83% to $78,532 and Ethereum down 0.27% to $2,489.07. Some altcoins like DOT surged 11.72% and WBT jumped 11.46%, indicating selective investor interest. Stablecoins remai...
Bitcoin briefly fell below $78,000 on Tuesday, hitting a low of $77,603 before recovering to around $78,600. This price drop triggered $264 million in total crypto liquidations, including $79 million in bitcoin positions, mostly long bets. The market...
