Bitcoin is trailing as it starts a new week thanks to fresh worries over a blanket ban by India—is that it for the bull run? After hitting new all-time highs of almost $62,000 over the weekend, Indian lawmakers have burst Bitcoin’s bubble, sparking the biggest daily losses in history.
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Markets Report: Bitcoin aims for top 3 weekly close
All-Time highs remain untouched as continued rejection at $58,000 means that the bull run may be on ice over the weekend
The past week’s trading has been one big guessing game for hodlers as Bitcoin edges ever closer to all-time highs—but avoids hitting them. Rumors that Oracle was about to announce a giant 72,000 BTC buy-in looked set to obliterate the trading channel once and for all, but a let-down instead brought a solid reinforcement of the current range.
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Markets Report: Bitcoin stays skewed to upside, rejecting dip to reach $57K
A dip to $54,400 fizzles and buyer support returns BTC/USD to the crucial resistance zone below all-time highs
Bitcoin kept bulls guessing and bears firmly disappointed on March 12 as a retest of lower levels ended in a strong rebound. Data from price trackers including CoinMarketCap and Tradingview showed BTC/USD rejecting a move towards previous support at $52,000 which began overnight.
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Markets Report: Bitcoin battles final resistance before $58K all-time highs
$60,000 Bitcoin “is one corporate announcement of $BTC on the balance sheet away’ as Ether reaches for $2,000
Bitcoin beat two-week highs on March 10 as bulls propelled the largest cryptocurrency into final resistance at $56,000 before an attack on all-time highs.
