Tag: Watch

These are the BTC price levels to watch as Bitcoin risks worst April on record

William Suberg

Bitcoin (BTC) sits at a historically important price point for hodlers, but where could it be headed in the coming days? As the monthly close looms and various countries prepare for the May holidays, traders are mapping out the options — with some surprises. $35,000 becomes key focus While Bitcoin market commentators rarely agree on much, one thing is more or less accepted this week — that April’s monthly close will be volatile. Due over the weekend, that volatility has the potential to be exacerbated by a lack of trading…

Trader flags BTC price levels to watch as Bitcoin still risks $30K ‘ultimate bottom’

William Suberg

Bitcoin (BTC) remains a slave of the U.S. dollar on April 27 as the greenback spells fresh misery for risk assets across the board. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC faces off with the support zone to hold Data from Cointelegraph Markets Pro and TradingView showed a precarious picture of BTC markets on April 27 as bulls battled for control of short-term support levels. After dipping to $37,700 on April 26, Bitcoin saw a relief bounce that culminated in a rebound to $39,200 — a zone th is now…

BTC Is Set to Rally After a Spike in Volatility. The Top Cryptos Under $2 Billion Market Cap to Watch

Anthony B

It has been a period of low volatility and price consolidation for Bitcoin markets, which has seen trading rise from $40,544 at the start of last week to the highest level of 47,408 briefly hit on March 28 and slightly down to $47,209 as I write. This is a gain of 15% over the past week.  Bitcoin Historical Volatility Index. Source: Trading View  Volatility has been squeezed out of the market as prices move within narrow ranges, reaching its lowest level on March 26th, and is currently on the rise…

This Year’s Top 6 Utility Tokens to Watch

Anthony B

The “cryptocurrency” term is usually referred to as a digital payment instrument. In a technical sense,  not all crypto assets can be considered currencies. In fact, blockchain-based assets fall into two main categories: coins and tokens.   Coins are what we mean by cryptocurrencies in general, i.e. they are used for payment settlements. Tokens have a wider scope of application and serve specific purposes.  To put it in a real-world setting, a token could be a lottery ticket, a club membership, a bonus in loyalty programs, proof of ownership, a…

Rate hikes, CPI and war in Europe — 5 things to watch in Bitcoin this week

William Suberg

Bitcoin (BTC) starts a new week in the shadow of a deepening geopolitical nightmare unfolding in Ukraine. As retaliation for the Ukraine invasion and the macroeconomic consequences grow, crypto by and large is struggling to keep up. A curious paradox has presented itself this month. Despite investors and those directly impacted by the war assumedly looking for a safe haven, that has broadly not been Bitcoin or even stablecoins. Instead, stocks, which have taken a hit thanks to sanctions and their consequences, now form a major guide for how BTC/USD…