A veteran crypto trader warns that Bitcoin, currently trading around $79,400, faces significant resistance near $85,000. The trader says Bitcoin needs to flip this level into support to confirm a bullish double-bottom pattern and avoid a potential downtrend. Meanwhile, Ethereum must hold $2,150 to prevent a severe drop, and Solana shows weakness, suggesting a bearish outlook. These key levels will be crucial for traders to watch in the coming days.
XRP price is maintaining strong support around $1.40 despite Bitcoin falling below $80,000 and Ethereum slipping under $2,400. This level is crucial as it marks a pivot from resistance to support, indicating investor confidence in XRP even during bro...
Anthony Scaramucci, founder of SkyBridge Capital, stated that Bitcoin is following the classic S-curve of adoption similar to tech giants Amazon and Microsoft. He explained that Bitcoin, unlike traditional fiat money, is an open, decentralized, and s...
Traders have moved significant capital out of Bitcoin and Ethereum, with net outflows of $19.45 million and $21.52 million respectively, shifting funds into stablecoins like Tether (USDT) and USD Coin (USDC). This move signals a defensive, wait-and-s...
Bitcoin's recent rally above $80,000 is losing steam amid significant outflows from U.S. spot Bitcoin ETFs, with $635 million withdrawn in a single day—the largest since January. Over five trading sessions, investors pulled about $1.26 billion from t...
Investors withdrew $635 million from U.S. spot bitcoin ETFs in one day, marking the largest outflow since late January and contributing to a total $1.26 billion outflow over five days. This coincides with bitcoin's price falling below its 200-day mov...
