• Markets Report Bitcoin Price retakes $12,000
    Bitcoin,  Commentary

    Bitcoin retakes $12,000 as analytics firm CEO says bull run has now begun

    “Pivotal” resistance at $11,900 gives way to highs of $12,300 as bullish hopes continue to come true this week

    Bitcoin hit almost $12,400 on October 21 as consolidation at key levels ended in a fresh breakout. Data from price trackers including CoinMarketCap followed BTC/USD as bulls gained control for another attempt at quashing $12,000 resistance.

  • Markets report bitcoin price
    Bitcoin

    Markets Report: Bitcoin retains gains as $11,900 remains “pivotal” resistance

    Bullish strength must still compete with a “big hurdle” at $12,000, one analyst says, warning that ranging as low as $11,000 may return first.

    Data from price trackers including CoinMarketCap showed BTC/USD hovering at around $11,800 on Tuesday, having traded in a tight range overnight. The start of the week had produced significant fresh upside for the largest cryptocurrency, with a breakout from lower in the $11,000 zone topping out at around $11,850.

  • Bitcoin rebounds after OKEx freeze
    Bitcoin

    Markets Report: Bitcoin rebounds after OKEx freeze accelerates $11K drop

    News that OKEx had stopped withdrawals from its 200,000 BTC vaults brought volatility to Bitcoin, but a rebound is already on the way.

    Bitcoin was on course for modest weekly gains on Oct. 16 as fresh downside took the market ever closer to $11,000 support. After hitting $11,700, this week saw BTC/USD consolidate higher, but unforeseen circumstances sparked sudden selling pressure Friday.

  • Bitcoin Bulls Brush off Price Correction
    Bitcoin

    Markets report: Bitcoin bulls brush off BTC price correction as $11,000 nears

    Drifting away from $11,500 is no cause for concern, Bitcoin analysts say, as futures open interest keeps climbing

    Bitcoin entered a third day of consolidation on October 15 as its latest gains gave way to rangebound trading above $11,000. Data from price tickers including CoinMarketCap showed daily candles retracing the path above $11,500, with analysts still confident that bulls remain in control.

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