Categories: Bitcoin Latest News

Bitcoin’s Price Action Is Encouraging, But It May Not Signal Bottom: Traders

Bitcoin’s price needs to trade above its 21-week moving average to confirm a bottom, one trader said.Read MoreCoinDeskBitcoin’s price needs to trade above its 21-week moving average to confirm a bottom, one trader said.

Recent Posts

Binance converts its $1 billion safety net into 15,000 BTC

The crypto exchange finalized a 30-day plan to convert its stablecoin-backed user protection fund into…

17 minutes ago

Bitcoin defies ‘extreme fear,’ hot jobs report to show signs of resilience

Bitcoin rose after the U.S. jobs report indicated employment growth in many sectors of the…

17 minutes ago

Is Bitcoin Already Pricing A US Recession? Analyst Sees Major Risk‑Reward Setup

Bitcoin’s (BTC) recent pullback may be less about crypto‑specific weakness and more about macroeconomic fears,…

17 minutes ago

Bitcoin Social Sentiment Stays Bearish Even As Price Recovers From $60,000 Drop

Data shows the social media sentiment around Bitcoin has remained deeply bearish despite the recovery…

2 hours ago

Bitcoin Flashes Luna-Level Capitulation Signal at $67K, Not $19K

Bitcoin is printing on-chain loss-taking on a scale last seen during the Luna/UST meltdown, but…

3 hours ago

Bitcoin Realized Losses Hit Luna Crash Levels — But Price Context Points To A Different Market Phase

Bitcoin is facing renewed selling pressure after losing the key $70,000 level, a breakdown that…

4 hours ago