Bitcoin (BTC) may have rebounded strongly in recent days, but its journey to new highs is only just beginning — and far from guaranteed, a new analysis suggests. Updating a Twitter debate on Feb. 9, popular trader and analyst Rekt Capital identified two key targets BTC/USD must reclaim as support for bulls. Bitcoin key macro resistance levels now in place Despite being up 13% in a week on Wednesday, Bitcoin is still far from November’s peak of $69,000. For Rekt Capital, a longer-timeframe… Source link

Text size Dreamstime.com The bull case for Bitcoin is that it powers up to $100,000, from recent prices around… Source link

The price of Ether (ETH) has pulled back to retest $3,000 support levels on Feb. 9 after Ethereum’s native token reached a three-week high.   ETH price climbs to three-week high To date, ETH price has recovered by roughly 50% after the ETH/USD trading pair bottomed near $2,150 on Jan. 24. ETH/USD daily price chart. Source: TradingView ETH price jumped on Feb. 7 in part due to KPMG, one of the world’s four accounting giants, announcing that the firm is adding Bitcoin (BTC) and Ether to its… Source link

Hope for the possibility of another significant rally in the cryptocurrency market has returned, even though Bitcoin (BTC) rejected at $45,500. Currently, bulls are looking to shore up their defense at the $43,000 support level.  Data from Cointelegraph Markets Pro and TradingView shows that after making a run to a weekly high at $45,500 early on Feb. 8, bears managed to drop the price of BTC to $42,900 during afternoon trading as investors realized profits and prepare to place bids around… Source link

The Bitcoin logo is displayed on the screen of a Bitcoin ATM in Los Angeles. The Justice Department said a New York couple has been charged with conspiring to launder billions of dollars’ worth of stolen bitcoin. Mario Tama/Getty Images … Source link

Text size Dreamstime.com The Justice Department said Tuesday it seized more than $3.6 billion worth of

The Justice Department said Tuesday it has seized more than $3.6 billion in cryptocurrency and arrested two people in connection with the 2016 hack of a virtual currency exchange. It’s the Justice Department’s largest ever financial seizure, officials said. “Today, federal law enforcement demonstrates once again that we can follow money through the blockchain, and that we will not allow cryptocurrency to be a safe haven for money laundering or a zone of lawlessness within our financial… Source link

Bitcoin (BTC) gave back $2,500 of its newly-won gains during Feb. 8 as a long-awaited correction took center stage.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopes $42,000 will be preserved Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it neared $43,000 after previously hitting new multi-week highs of $45,500. At the Wall Street open, ranging continued as bulls eyed levels for potential support in the event of further losses. Previously, these had Source link

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Litecoin price has witnessed a massive rally over the past week as the crypto markets flip bullish. This sudden optimism is due to the recent uptick in buying pressure seen among BTC holders. LTC, on the other hand, faces a decisive moment that could help it multiply its recent gains. AVAX price has taken multiple breathers over the past week, which has resulted in an exponential move. However, the uptrend is at risk of a U-turn as Avalanche faces two hurdles.