Bitcoin

Bitcoin (BTC) threatened a significant retracement overnight into March 23 as weekly highs saw their first test. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC misses out on “very bullish” daily close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping from a peak of $43,337 to lows of $41,779 on Bitstamp before recovering. At the time of writing, the pair traded at around $42,300 — still $1,000 off the highs. Enthusiasm had been clearly in evidence… Source link

Text size Cryptocurrencies are gaining as investors return to high-growth “risk assets.” Dreamstime … Source link

Bitcoin (BTC/USD) Analysis Key Highlights Bitcoin started the new week with positive momentum after the Fed Chairman’s comments. It has struggled to close above the symmetric triangle ($43,300). Over 480,000 new Bitcoin addresses were created on March 17 – a strong surge which could see further upside. Technical Analysis Intraday trend – Bullish On the daily chart, the pair is trading above Tenken-sen ($39,986), Kijun-sen ($39,828), and above Ichimoku Kumo cloud ($40,238). It hits a high of… Source link

Text size Ether prices have outperformed Bitcoin recently. Dreamstime Bitcoin and… Source link

Bitcoin (BTC) saw a fresh impulse move overnight into March 22 as bulls briefly reclaimed $43,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI hints at underlying strength Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $43,337 on Bitstamp Tuesday, the pair’s highest since March 3. The action contrasted with the lack of volatility since the weekend, and neatly fitted with the more bullish predictions surrounding near-term trajectory. For popular… Source link

Reddit is truly the beating heart of the cryptocurrency world. There’s a community for every digital currency you can imagine, all with competing interests and impassioned communities who are desperate to sell you on the “next big coin.” But if you’re not dedicated to a single currency or crypto-philosophy — or if you’re new to the entire thing — it can be tricky to figure out where to focus your attention. Luckily, Reddit isn’t just home to r/SafeMoon and other established… Source link

On the weekly chart, technical indicators are improving, similar to what occurred in August 2021, which preceded a 60% price rally. This time, however, there is negative momentum on the monthly chart, which typically precedes rangebound or negative price action. That means upside could be limited around the $46,000-$50,000 resistance zone. Source link

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Text size Bitcoin and other cryptos have recently come back into focus amid the Russia-Ukraine war. Dreamstime … Source link