Bitcoin price is steadily climbing toward a key resistance level near $83,000, which could mark a shift from a bear to a bull market if surpassed. However, technical indicators like the RSI show bearish divergence, suggesting momentum may be weakening and a correction could occur. The price might retest support around $79,000 before attempting to break higher. Weekly charts show indecision, with crucial support levels needing to hold to maintain bullish hopes.
Risk assets including cryptocurrencies, Asian stocks, and US futures rose on Monday following stronger-than-expected Chinese GDP growth and a drop in oil prices. China’s economy grew 4.5% year-on-year in Q3, surpassing forecasts and signaling resilie...
Bitcoin's price volatility has tightened to its narrowest range in 2.5 years, as indicated by its Bollinger Band Width. This low volatility suggests a potential breakout, though the direction remains uncertain. Meanwhile, altcoins have fallen sharply...
Bitcoin attracted the largest cryptocurrency inflows at $31.44 million, followed by Ethereum and Zcash, which also saw significant outflows. Stablecoins like Tether and USD Coin received substantial funds, indicating a shift between volatile assets a...
Bitcoin price rose to $82,182.40, recovering above $82,000 amid a 75.44% increase in trading volume, signaling strong market participation. Investor sentiment shifted back to greed, though it remains weaker than a week ago, while network activity and...
On October 19, major cryptocurrencies USDC, ETH, and BTC experienced net outflows, with USDC seeing a net outflow of $58.44 million, ETH $55.28 million, and BTC $43.52 million. In contrast, PEPE led the net inflows at $5.67 million, alongside stablec...
