Bitcoin faced an increased selling pressure after it failed to break the USD 8,300 resistance on many occasions. BTC/USD tumbled more than USD 500 and broke the key support at USD 7,800. It is currently (UTC 08:30 AM) above the USD 7,500 support and is attempting a recovery. Similarly, major altcoins like ethereum, ripple and […]
Bitcoin price failed to recover above USD 35,000, and started a fresh decline. BTC broke the USD 34,000 and USD 33,200 support levels to move further into a bearish zone. The price is currently (13:00 UTC) trading well below USD 33,000 and it remains at a risk of more losses below USD 32,000. Similarly, most […]
In the past few hours (08:10 UTC,) there was a strong increase in bearish pressure on bitcoin below the USD 7,850 support level. BTC/USD declined below the USD 7,700 and USD 7,600 levels to trade to a new weekly low. The price is currently holding the USD 7,520 support, but there is a risk of […]
Bitcoin price failed to clear the key USD 10,950 and USD 11,000 resistance levels. As a result, there was a sharp bearish wave below the USD 11,650 support. The price is currently (08:30 UTC) down 4% and it could continue to move down towards the USD 10,200 support zone. Similarly, most major altcoins retreated from […]
Source: Adobe/uflypro In the midst of major and ongoing ESG (environmental, social, and governance) debate, an ESG-conscious US-based investment giant, Capital Group, is increasing its indirect exposure to bitcoin (BTC). This time, via a more than half a billion dollars investment into software developer and major BTC bull MicroStrategy, while several more crypto-related companies are […]