Bitcoin's price has recovered above its crucial bull market support trendline after dipping to $62,500, suggesting a potential rally toward the $70,000 to $76,000 range. Technical indicators like the Stochastic RSI and Fibonacci levels support the idea that the bottom may be in, with the price holding above major supports. An inverse head and shoulders pattern could drive further gains, but sideways movement might continue as the market builds momentum. The next significant resistance to watch is around $65,725.
Bitcoin dropped below $77,000 on September 10 following stronger-than-expected U.S. inflation data, which increased the likelihood of a Federal Reserve interest rate hike. The Producer Price Index rose 5.4% year-over-year, pushing Fed hike odds to ar...
Bitcoin price fell 1.31% to around $77,278 on September 10, pressured by hotter-than-expected US producer inflation and concerns over a Federal Reserve rate hike. The price broke key technical supports, including the daily Bollinger Band midpoint and...
Coinbase CEO Brian Armstrong stated that Bitcoin's price has likely found its bottom despite recent declines, and he expects a gradual upward trend over the next one to two years as the market approaches the next halving event. He highlighted that th...
Cryptocurrency markets saw widespread declines, with Bitcoin falling 3.32% to $76,886 and Ethereum down 3.85% to $2,416. Many altcoins experienced steeper drops, including BCH down nearly 12%, UNI down 12%, and DOGE down over 8%. This broad sell-off ...
Bitcoin's 50-day moving average has crossed above its 200-day moving average, signaling a bullish 'golden cross' for the first time since May 2025. Despite this positive technical indicator, Bitcoin struggled to sustain gains above $80,000 and now fa...
