Bitcoin resistance
-
Bitcoin Struggles at $64K—Will the Bulls Push Higher?
- October 8, 2024
- Posted by: Rose
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
No Comments
As of October 8, 2024, Bitcoin (BTC) continues to hover around the $62,500 mark, reflecting a market struggling with mixed economic signals, geopolitical uncertainty, and shifting investor sentiment. After failing to break the key resistance level at $64,000 earlier this week, the world’s largest cryptocurrency has entered a phase of consolidation, marked by lower volatility
-
Final Bitcoin Dip Coming? Experts Weigh In On Key Indicators
- October 3, 2024
- Posted by: Rose
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
Bitcoin has recently experienced volatility, testing key support levels amid a mix of bearish sentiment and optimistic long-term outlooks. Veteran traders and analysts are offering varied perspectives on what comes next for the world’s largest cryptocurrency, as several key indicators signal possible outcomes. Three Blind Mice Pattern Spells Trouble? Veteran trader Peter Brandt has spotted
-
Bitcoin Faces Volatility as Inflation Data Shocks the Market—What’s Next?
- September 11, 2024
- Posted by: Rose
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
The highly anticipated US Consumer Price Index (CPI) data for August has come in with a mixed bag of results, intensifying the market’s anticipation of the Federal Reserve’s rate decision on September 17-18. The Core CPI MoM came in at 0.3%, above the expected 0.2%, while the headline CPI MoM matched forecasts at 0.2%. The
-
Bitcoin Struggles at $64K—Could a Breakout to $68K Be Imminent?
- August 25, 2024
- Posted by: Rose
- Category: ICO Blog, IGH News, Market Insights, Market News
Bitcoin is currently trading around $64,000, up from recent lows, as it aims for a potential surge towards $68,000. The cryptocurrency’s price recently peaked at nearly $49,000 before pulling back slightly. Earlier this year, Bitcoin reached a new all-time high of over $73,000 in March, fueled by significant inflows into newly created Bitcoin ETFs. Bitcoin
-
Bitcoin’s $62K Battle: Will Bulls Push Through or Bears Take Over?
- August 23, 2024
- Posted by: Rose
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
Bitcoin finds itself at a critical juncture, hovering near the $62,000 resistance level, a price point it hasn’t breached since August 9. As the cryptocurrency consolidates, analysts are closely watching its ability to hold this level or face a potential drop that could see it revisiting the $49,000 mark, echoing the sharp decline seen on
