Bitcoin News

Bitcoin Price Tops Near $25K, Why Dips Might Be Limited

Bitcoin traded near $25,000 before correcting lower against the US Dollar. BTC must stay above the $23,500 support to start another rally. Bitcoin started a fresh increase above the $24,000 resistance area. The price is now trading above the $23,600 level and the 100 hourly simple moving average. There was a break below the major …

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Bitcoin aSOPR Fails Retest Of Historical Bull-Bear Junction

On-chain data shows that the Bitcoin aSOPR indicator has found resistance at the historical crossover between bulls and bears. Bitcoin aSOPR fails to retest the ‘value=1’ line As one of the analysts pointed out, CryptoQuant After that, BTC aSOPR was rejected from the break even mark recently. The “Output Profit Ratio“(or SOPR for short) is …

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Polygon Maintains Solid Footing As MATIC Balloons By 300% Since June

The Polygon Price Prediction (MATIC) is highly dependent on the July CPI numbers. Polygon price up 125% since July 1st; Analysts noted a 68% rise, which led to an 85% rise in earnings. MATIC price overlaps with targets at the $1.25 mark; A correction is still possible at $0.64. A break below the $0.54 mark …

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Bitcoin Price Surges 6%, Why Recent Breakout Looks Real

Bitcoin price found support above $22,500 and rose more than 6% against the US Dollar. BTC has broken several hurdles and may rise further towards the $25,000 resistance. Bitcoin started a new rally after finding strong bids above $22,500. The price is now trading above the $23,500 level and the 100 hourly simple moving average. …

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Why Are Crypto Investors Rotating From Bitcoin To Altcoins?

The cryptocurrency market is pulling back towards support and could face potential headwinds in the short term. In the top ten cryptocurrency list, the altcoin sector outperformed bitcoin with Ethereum and Binance Coin, and Polkadot still maintained some of its gains from last week. This shows a shift in the dynamics of the crypto market …

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Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses

Bitcoin price started a new decline from the $24,250 resistance area against the US Dollar. BTC has dropped below $23,000 and is still at risk of further losses. Bitcoin started a new decline below the $23,500 support area. The price is now trading below the $23,500 level and the 100 hourly simple moving average. There …

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Billionaire Mike Novogratz Says Bitcoin At $30,000 Is Unlikely

The price of bitcoin has been a topic of debate since the digital asset first entered the mainstream more than a decade ago. With its continuous growth, many people have come forward to provide their long and short term cryptocurrency price predictions. One such billionaire is Mike Novogratz. However, despite being usually bullish on the …

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