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.
-
-
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.
-
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.
-
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.
