• markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin consolidates as traders prepare for Altseason 2.0

    A transfer of trading attention away from Bitcoin comes as a quiet weekend leaves $42,000 all-time highs out of reach

    In a surprise change of tune, Bitcoin managed to avoid volatility altogether this weekend. Instead of hitting new highs or testing major support levels, BTC/USD simply remained within its recently established trading corridor between $30,000 and $40,000.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin will bounce between $30K-$40K as altcoins awaken

    A giant $10,000 range opens up for Bitcoin, setting the stage for altcoins to take advantage of the money, traders argue

    According to trader and analyst Michaël van de Poppe, the zone between $30,000 and $40,000 should now host Bitcoin for the short term, as it enters a period of consolidation. This will see volatility and trading volume “drain away” on a temporary basis, he explained in a YouTube update on Friday, but eventually, strength will ignite once more and Bitcoin will race upwards again.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin close to ‘point of no return’ says analyst as BTC retargets $40,000

    With recent all-time highs suddenly coming back into play, eToro exchange warns it may limit buy orders due to high demand/low liquidity

    Bitcoin was more than $8,000 higher versus its Monday lows of $30,250 at press time. While the market waited for a seminal test of $40,000, proponents seized on the latest uptick to pour scorn on naysayers, mostly the mainstream press, which had claimed that Bitcoin had just experienced a 2017-style crash.

  • Markets Report Bitcoin Price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin holds its breath as ‘next bull run’ is due

    A quiet day for Bitcoin markets comes as market participants already prepare themselves for the next big move up; Oaktree Capital’s Howard Marks is the latest bitcoin skeptic coming around

    In a note to clients on Wednesday, Chinese exchange BTCC said that the past few days had laid the foundations for upside to once again take over the market. “Bitcoin remains a strong bullish sentiment as the top 100 richest addresses kept accumulating more than 350,000 BTC in the last 30 days” it noted.