• markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin puts in $54K low but strong holders keep demand flowing

    The week’s downturn stays in force as analysts disagree over its root cause but buyers are far from in short supply

    Bitcoin stayed lower on March 16 as the week’s comedown from all-time highs accelerated overnight. The move compounds an already bearish turn in Bitcoin markets which followed new all-time highs of $61,700 during the weekend.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    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.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin hits $54,500 amid rumors Oracle wants 70,000 BTC

    Unsubstantiated reports say that an announcement from Oracle will come this week and could see it become an instant Bitcoin heavyweight

    Bitcoin climbed to within $4,000 of all-time highs on March 9 as rumors swirled over an imminent buy-in which would rival MicroStrategy. The move was music to the ears of traders, who had been waiting for a decisive attack on both $50,000 for support and a flip of resistance higher up at $52,000 to cement the prospect of the bull run continuing.

  • Bitcoin clings to $50K
    Bitcoin,  Ethereum,  Markets Report

    Markets Report: Bitcoin clings to $50K

    The second-highest weekly close in history fuels optimism among bulls yet rangebound behavior remains

    With the weekend producing near 7% gains, rangebound behavior still characterizes the mood as BTC/USD remains near its position from the same time last week. Bitcoin "clearly has to break above the $52K breaker to see continuation here towards $56K. On the downside: Failing to hold $46,500 and I'll assume we'll see a lows test at $42,000,”said popular trader Michaël van de Poppe.