Bitcoin's price experienced a volatile $3,215 intraday swing but settled around $77,300 with a modest 0.2% gain, reflecting a cautious market. The longer-term trend remains healthy, supported by strong moving averages, but short-term momentum is mixed and price is stuck between support at $76,040-$76,400 and resistance near $77,970-$78,800. Bulls need to break above $78,800 to target the $82,280-$82,830 range and regain control, while bears watch for a break below support to push prices lower. Overall, the market is waiting for a clear directional move.
Bitcoin reached a seven-day high close to $83,500 on October 21, coinciding with a 19% increase in crypto futures trading volume to $190 billion. Open interest in futures contracts also rose nearly 4% to $145 billion, while liquidations surged 76% to...
Bitcoin briefly fell below $81,000 before recovering slightly to around $81,300, raising concerns about a potential further decline if it closes below its 50-day moving average. Analyst Benjamin Cowen warned that such a close could push Bitcoin towar...
Bitcoin fell below $82,000 after failing to reach $85,000, pressured by a broad decline in global stocks and futures. Key markets like South Korea's KOSPI and Hong Kong's Hang Seng Tech Index saw significant drops, while Nasdaq futures also declined....
Analysts from leading crypto firms predict Bitcoin will not surpass $100,000 by the end of 2026, expecting it to close the year between $85,000 and $92,000. Key factors include geopolitical tensions in Iran causing oil price volatility, potential fur...
Bitcoin is hovering around the $80,000 mark, a key level tied to institutional investors' average acquisition costs. Recent sharp declines in capital inflows into US spot Bitcoin ETFs signal waning demand, while upcoming US inflation data and Federal...
