Markets

Bitcoin price could reach $85,000 in a few months

While it doesn’t bode well for Bitcoin (BTC) to still be below a key moving average, signs of a reversal are finally starting to appear, according to a new report. In its market update on June 11, Decentrader highlighted three on-chain indicators pointing to a bullish BTC/USD pair. A similar …

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Bitcoin futures gap below $40,000 is worrying

Bitcoin (BTC) price is at risk of extinction, although it started the week with a rise towards $40,000, taking advantage of the $1,575 gap in the CME futures market for the first time since May 17. Looking back, Bitcoin’s recent drop as it neared the $40,000 level adds to the …

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3 reasons why Bitcoin price exceeded 36 thousand dollars

Bitcoin (BTC) price rebounded above $36,000 on Wednesday as investors await new inflation data and El Salvador passes legislation making the cryptocurrency the national currency. Have you seen the bottom? The largest cryptocurrency has gained 7.3 percent in the last 24 hours and has risen to $ 37,400 in the …

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Investors worried as Bitcoin price crosses $37,000

Although the price of Bitcoin (BTC) approaches $ 38 thousand on June 10, there are growing concerns that there will be a sudden loss in value. 1-hour candlestick chart of BTC/USD (Bitstamp). Source: TradingView Price drop expected According to Cointelegraph Markets Pro and TradingView data, the BTC/USD pair rose as …

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El Salvador’s Bitcoin move failed to boost price as expected

Bitcoin (BTC) hit its highest daily performance since Wednesday, February 8, when Tesla announced it had added $1.5 billion worth of BTC to its balance sheet. The largest cryptocurrency rose 11.98 percent to $37,573 after El Salvador President Nayib Bukele enacted the official currency law. In short, the Central American …

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Bitcoin price may fall below $30,000

As Bitcoin (BTC) approached the worrying $30,000 support on Tuesday, some investors speculated that the price could drop further. Bitcoin Price Index: How much is 1 Bitcoin? (BTC TL) 1-hour candlestick chart of BTC/USD (Bitstamp). Source: TradingView BTC price points below $30,000 BTC/USD lost 9% on Monday night, according to …

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