John Bollinger, creator of Bollinger Bands, identified a nested 'W' or double bottom pattern in Bitcoin's daily chart, suggesting a potential trend reversal. Bitcoin was trading near $62,500, and a daily close above $65,000 is needed to confirm the breakout. This pattern follows a 25% drop from the May high of $82,000. The recent US jobs data showing slower job growth adds context, with upcoming inflation and Fed signals likely to influence Bitcoin's next move.
The UNITREE cryptocurrency token increased by 8% within 24 hours, reaching 83.28 USDT early Friday. In contrast, major cryptocurrencies Bitcoin and Ether saw declines, with Bitcoin down 1.24% at $81,699 and Ether down 1.38% at $2,402.35 during the sa...
Monero (XMR) surged past its September peak, briefly touching $656 before settling near $629, signaling strong buying pressure despite Bitcoin's fragile hold near the $80,000 support level. Bitcoin dropped from $84,294 to $81,483, hovering just above...
Bitcoin recovered toward $82,000 after dipping below $81,000, but the rebound was partial and fragile amid $381 million in outflows from U.S.-listed spot Bitcoin ETFs. The market's near-term direction remains uncertain, influenced by broader risk sen...
Bitcoin (BTC) is currently holding support at the lower boundary of a parallel price channel after losing gains made earlier in the week. The price slipped below a boundary near its 50-day moving average, with mixed momentum indicators showing uncert...
The cryptocurrency market experienced a broad decline on Thursday morning, with total market capitalization falling 4.59% to $2.75 trillion. Bitcoin dropped 2.49% to $81,712, while other major coins like Ether, XRP, Solana, Dogecoin, and BNB also saw...
